Vikram Solar IPO Allotment Status 2025 – Check Online

Vikram Solar IPO Allotment: Status Out, How to Check

Yes — Vikram Solar IPO allotment is out. Allotment was determined on August 22, 2025, and results are available for applicants in India. Scroll down for easy checks, timelines, help, and FAQs.

Brief Summary: Huge Demand and Key Outcomes

The Initial Public Offering (IPO) for Vikram Solar concluded with immense investor interest. The strong demand is a significant indicator of market confidence in the company's prospects.

• Total Subscription: The issue was oversubscribed by approximately 54 times.
• Qualified Institutional Buyers (QIB): This portion saw the highest demand, with a subscription of around 143 times. For more on QIBs, see this Wikipedia article.
• Retail Investors: The retail category was oversubscribed by a healthy 7.65 times.

Unsuccessful applicants can expect their refunds to be initiated on August 25, 2025. Successful allottees will see shares credited to their Demat accounts on the same day. The stock is scheduled to debut on the BSE and NSE on August 26, 2025.

Key Dates and Figures

Also Read: Patel Retail IPO 2025

How to Verify Your Vikram Solar IPO Allotment (Step-by-Step)

You can check your allotment status using your Application Number, PAN, or DP ID / Client ID. Choose the option most convenient for you.

1. Registrar's Website (Recommended)

   This is typically the fastest method.
   Visit the Link Intime (formerly MUFG Intime) IPO Allotment Page.
   Select "Vikram Solar Limited" from the dropdown menu.
   Choose a search option: Application Number, PAN, or DP ID.
   Enter the required details, complete the captcha, and click "Submit".
   The result will display your allotment status and the number of shares allocated, if any.

2. BSE Allotment Status Page

   Proceed to the BSE Investor Allotment Check Page.
   Select "Equity" as the issue type and choose "Vikram Solar" from the list.
   Enter your Application Number or PAN.
   Submit the form to view your status.

3. NSE Allotment Website

   You can check the status on the NSE IPO Status Webpage.
   This requires you to log in or register with your PAN to see your allotment details via their investor dashboard.

Tips for an Easy Check

• Use PAN: If you can't recall your application number, using your PAN is quicker and less prone to typos.
• Be Prepared: Have your DP, UPI, or ASBA details handy if you need to cross-verify refunds or demat credits.
• High Traffic: If the registrar's website is unresponsive due to heavy traffic, try again during off-peak hours or refresh the page every few minutes.

Refunds, Demat Credits, and Listing: What to Expect

• Refund Process: If you were not allotted any shares, the blocked amount via ASBA will be unblocked or refunded to your linked bank account on August 25, 2025. You can verify this in your bank statement or ASBA banking application.
• Demat Credits: If you received an allotment, the shares will be credited to your demat account by the end of day on August 25, 2025. Your broker or depository (NSDL/CDSL) will typically send an SMS or email confirmation.
• Listing Day: The shares will commence trading on the NSE and BSE from August 26, 2025. Given the strong GMP, expect significant price activity during the pre-opening session and throughout the trading day.

Also Read: Shreeji Shipping IPO GMP, Price, Dates & Subscription

Shares Allotted But Not in Demat? Immediate Checklist

1. Reconfirm Status: First, double-check your allotment status on the registrar or exchange websites using your PAN.
2. Verify Demat Details: Ensure the DP ID and Client ID mentioned in your IPO application exactly match your demat account details. A small mismatch is a common reason for delays.
3. Contact Your Broker/DP: Inform your Depository Participant (broker) about the issue. Provide them with your PAN, allotment details, and a screenshot of the allotment status. They can track the credit from their end.
4. Email the Registrar: If the issue persists, email the registrar's support team (e.g., investor@linkintime.co.in) with all relevant details. They are responsible for resolving such discrepancies.
5. Wait 24-48 Hours: Sometimes, credits can be delayed. If the shares still don't appear after 24-48 hours, escalate the matter formally with the registrar and the stock exchanges.

Frequently Asked Questions (FAQs)

1. Is the Vikram Solar IPO allotment available?

Yes, the allotment was finalized on August 22, 2025, and the results are now live for applicants to check.

2. How do I verify my allotment status online?

You can use the official allotment-check portals of the registrar (Link Intime), BSE, or NSE. You will need your Application Number, PAN, or DP ID to search for your status.

3. When will I get my refund if I don't get an allotment?

Refunds and the unblocking of ASBA funds will be initiated on August 25, 2025. The amount will be credited back to the bank account linked to your application.

4. When will the allotted shares be credited to my demat account?

You should receive the shares in your demat account by the end of the day on August 25, 2025. Please verify this through your trading app or by checking your demat account statement.

5. What should I do if my allotment is confirmed but shares are not in my demat account?

First, verify your DP ID/Client ID in the application. Then, contact your broker/DP. If unresolved, email the registrar with your application details. Credits can sometimes take 24-48 hours to process.

6. Where and when will the Vikram Solar IPO be listed?

Vikram Solar will be listed on both the BSE and NSE on August 26, 2025.

7. What does high oversubscription mean for a retail investor?

High oversubscription (e.g., retail at ~7.65×) means demand far exceeded the shares available. This leads to a lottery-based or pro-rata allotment, meaning not every applicant will receive shares.

8. Can I check my allotment using PAN if I lost my application number?

Yes, using your PAN is the easiest and most reliable alternative for checking your allotment status on both the registrar's and exchanges' websites.

9. Is the registrar MUFG Intime the same as Link Intime?

Yes, MUFG Intime India Private Limited has been rebranded and is now widely known as Link Intime India Private Limited. They handle the allotment process.

10. What is the likely listing performance?

The grey market premium (GMP) of ~₹45 suggests a potential listing gain of around 13–14%. However, GMP is an unofficial indicator and should be used only as a gauge of market sentiment, not as a guaranteed outcome.

Final Remarks & Rapid Checklist

• Registrar Check First: Use the Link Intime portal. It's the quickest way to check your individual status. Use PAN if you don't have the application number.
• Key Dates: Refunds and demat credits are scheduled for August 25, with the market listing on August 26.
• Follow Up: Inform your broker/DP if your refund or demat credit is delayed beyond August 26.
• GMP is Unofficial: Use grey market data as a sentiment gauge, not as a definitive prediction for listing gains.