Mumbai : Vikram Solar Limited has garnered Rs.620.8 crores from anchor investors ahead of its initial public offering that opens for public subscription on Tuesday, August 19, 2025. The company informed the bourses that it allocated 1.87 crores equity shares at Rs. 332 per share on Monday, August 18, 2025, to anchor investors.

Some of the marquee Institutions that participated in the anchor includes Kotak Mutual Fund, Nippon Mutual Fund, Goldman Sachs, Franklin Templeton Mutual Fund, Singularity Equity Fund I, Morgan Stanley, Tata Mutual Fund, ICICI Prudential Life, SBI General Insurance, BNP Paribas, HSBC, Citigroup and many more. The anchor book reflects a good mix of domestic mutual funds, foreign portfolio investors and insurance companies.

Out of the total allocation of 1.87 crores equity shares to the anchor investors, 97.96 lakh equity shares were allocated to 9 domestic mutual funds through a total of 22 schemes, i.e. 52.39% of the Total Anchor Book Size.

JM Financial Limited, Nuvama Wealth Management Limited, UBS Securities India Private Limited, Equirus Capital Private Limited and PhillipCapital (India) Private Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.