Vikram Solar Ipo

Partial funding of capital expenditure through investment in our wholly owned Subsidiary, VSL Green Power Private Limited, for setting up of an integrated 3,000 MW solar cell and 3,000 MW solar module manufacturing facility at plot no. A-5, A-6, A-7 & A-10, SIPCOT Industrial Complex, Gangaikondan, District Tirunelveli 627 352, Tamil Nadu (“Project Site”) (“Phase-I Project”);

Funding of capital expenditure through investment in our wholly owned Subsidiary, VSL Green PowerPrivate Limited, for expanding the manufacturing capacity of the solar module manufacturing facility set up under the Phase-I Project from 3,000 MW to 6,000 MW at the Project Site (“Phase-II Project”); and

General corporate purposes

Canara Bank –

DRChoksey FinServ –

Emkay Global –

Hem Securities –

IDBI Capital –

Marwadi Shares –

Nirmal Bang –

SBICAP Securities –

Sharekhan –

SMC Global –

Sushil Finance –

Swastika Investmart –

Ventura Securities –

Geojit –

Reliance Securities –

Capital Market –

BP Wealth –

ICICIdirect –

Choice Broking –

JM Financial Limited

Nuvama Wealth Management Limited

UBS Securities India Private Limited

Equirus Capital Private Limited

PhillipCapital (India) Private Limited