New Delhi, Aug. 19 -- The initial public offering (IPO) of Vikram Solar Limited has hit the Indian primary market today and will remain open until 21 August 2025. One of India's largest solar photovoltaic module makers has declared the Vikram Solar IPO price band at Rs.315 to Rs.332 per equity share. The public issue is proposed for listing on the NSE and the BSE. The mainboard IPO aims to raise Rs.2,079.37 crore, of which Rs.1,500 crore is aimed through the issuance of fresh shares. The remaining Rs.579.37 crore is reserved for the offer for sale (OFS) route.

Meanwhile, Vikram Solar shares are available in the grey market. According to market observers, the company's shares are trading at a premium of Rs.70 in today's grey market. This ...