Vikram Solar IPO GMP Surges Ahead of Debut; Price Prediction After 54.63x Booking

India’s renewable energy sector is gaining momentum, and one of the names making headlines is Vikram Solar. The company’s initial public offering (IPO) recently closed with a massive response from investors. It was subscribed to more than 54 times, showing the strong confidence the market has in the solar energy story. Before its official market debut, the IPO has also created excitement in the grey market, where its premium (GMP) has been rising steadily. This surge is drawing attention from both retail and institutional investors who are looking for possible listing gains.