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Vikram is also setting up two solar cell units with a capacity of 12 GW, which are expected to start commercial operations by FY27. As of 30 June, Vikram had 2.85 GW of ALMM-listed capacity, which is among the highest for an Indian module maker. Interestingly, the IPO price is 14% below Vikram’s most recent unlisted market price of ₹385 and nearly 30% off its peak level of ₹475, highlighting the risky nature of the unlisted market.

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• That puts the V70 FE squarely in the high-mid-range group where customers demand high end design quality, good camera features and large battery capacity without paying flagship prices.
• Phase I of the project (3.0 GW each for solar cells and modules) will be partially funded by the IPO proceeds ( ₹769.7 crore).
• Which means, the car can take you all around the town several times over, without a break.

That puts the V70 FE squarely in the high-mid-range group where customers demand high end design quality, good camera features and large battery capacity without paying flagship prices. The initial cost of approximately Rs 37,999 would ensure it is priced lower than most of the flagship-level phones, yet high enough to show its massive battery, vibrant OLED screen, and 200-megapixel camera combination. In case the ultimate selling price actually is at Rs 37,999, Vivo will be offering a competitive product, more so to purchasers who desire a phone packed with features yet does not seem too flagshippy, beyond Rs 40, 000. It is these features that make a phone worth a premium launch price since they help to increase the longevity of the phone and minimize the chances of an early replacement.

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Check out some of its safety features and you’ll know it’s battery game legit. Other risks include a sharp fall in module prices due to potential dumping by China and oversupply, as module prices dropped 42% in FY25. This implies that growth prospects driven by capacity expansion are already factored into the IPO, leaving a limited margin of safety.

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No-cost EMI from ₹12,167/mo No-cost EMI from ₹6,334/mo No-cost EMI from ₹5,834/mo No-cost EMI from ₹4,417/mo

At this price point, the device could emerge as a best phone under India for users seeking premium features without flagship pricing. Riding that momentum, Vikram Solar, India’s eighth-largest solar photovoltaic (PV) module manufacturer by capacity, is set to launch its initial public offering of shares on 19 August. To those who put more emphasis on imaging when comparing phones, the features allow the V70 FE to feel more upscale than an average sub-Rs 40,000 phone. The phone has a slanted front to provide a 50-megapixel selfie camera with an autofocus feature that is a powerful point in terms of video calls, social media posts, and low-light selfies. And with its range of cool connected features, you can get your car to do exactly what you want minus the hassles.

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