New Delhi, Aug. 21 -- Vikram Solar IPO subscription status was 4.56 times on Wednesday, which was the second day of the bidding process. The portion allocated for non-institutional investors saw a subscription rate of 13.01 times, while retail individual investors (RIIs) subscribed at 3.47 times. The subscription for qualified institutional buyers (QIBs) was at 11 percent.

With Vikram Solar IPO set between Rs.315 and Rs.332 per share, the initial public offering amounting to Rs.2,079 crore will close on August 21.

Vikram Solar IPO GMP today is +42. This indicates Vikram Solar share price were trading at a premium of Rs.42 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current ...