Verification: ef20667219ca73c5

Vikram Solar Unlisted Share Price 2025

vikram-solar-unlisted-share-price

Vikram solar unlisted share price : Are you thinking of investing in vikram solar unlisted share price ? Want to know its future Price target? In this guide, we will discuss vikram solar unlisted share price target for the year 2025. Along with this, we will do a complete Fundamental Analysis to help You make the right Decision vikram solar unlisted share price .

OUR BUSINESS

Our Company was originally incorporated as ‘International Leather Clothiers Private Limited December 2, 2005, we are one of India’s largest solar photo-voltaic (“PV”) modules manufacturers in terms of installed capacity, with more than 15 years of experience in the industry.

With 3.50 GW of installed manufacturing capacity for solar PV modules.

we have one of the largest enlisted capacities among pure play non-captive manufacturers in the Ministry of New & Renewable Energy’s Approved List of Module Manufacturers (“ALMM”) with 2.43 GW enlisted therein as of July 2024.

We were also featured in BloombergNEF as a Tier 1 manufacturer in the first quarter of CY 2014, and have been subsequently listed repeatedly with the latest inclusion in the first three quarters of calendar year 2024.

We strive to deliver reliable solar solutions through high efficiency and innovative products, and we propose to achieve this through our specialized high efficiency PV module manufacturing.

Our portfolio of solar energy products consists of the following high-efficiency solar PV modules:

  • P-type monocrystalline silicon based Passivated Emitter and Rear Contact (“PERC”) Modules.
  • N-type monocrystalline silicon based Tunnel Oxide Passivated Contact (“TOPCon”) Modules.
  • N-type monocrystalline silicon based heterojunction technology (“HJT”) Modules

We commenced our manufacturing operations in 2009 with an installed solar PV module manufacturing capacity of 12.00 MW, which has grown to 3.50 GW installed capacity .

Our existing manufacturing facilities are strategically located at Falta SEZ in Kolkata, West Bengal and Oragadam in Chennai, Tamil Nadu, with access to ports, rail and roads, helping us to facilitate both our domestic as well as international operations.

our installed manufacturing capacity to up to 10.50 GW by Fiscal 2026 and up to 15.50 GW by Fiscal 2027.

Furthermore, we are strategically backward integrating into the solar value chain by establishing a 3.00 GW solar cell manufacturing facility in Tamil Nadu.

We have developed strong engineering capabilities in designing highly-automated production lines using specifically-chosen tools, allowing us to increase the average efficiency level (i.e., a measure of electrical energy generated from a solar module to the amount of light energy from the sun that is incident on it (“Efficiencies”)) of our products from 17.52% in CY 2016 to 23.34% in CY 2024.

Our manufacturing units are automated, utilising equipment and technologies from Japan, Germany, United States, Switzerland and China.

we have established a pan-India presence, serving 23 states and three union territories, through an extensive distributor network of 41 authorized distributors, 64 dealers and 67 system integrators.

we have developed a significant client base purchasing our solar PV modules.

Our key domestic customers include prominent government entities Such as :

  • National Thermal Power Corporation.
  • Neyveli Lignite Corporation Limited.
  • Gujarat Industries Power Company Limited.

Large private independent power producers (“IPPs”), such as ACME Cleantech Solutions Pvt. Ltd., Ampin Energy Transition
Private Limited, Azure Power India Private Limited, JSW Energy Limited, First Energy 7 Private Limited and Rays Power Infra Private Limited, among others.

Vikram solar Unlisted Share Price

COMPANY Vikram Solar LTD
Face Value INR 10 per share
ISIN Code INE078V01014
Lot Size 100 shares
Demat Status NSDL, CDSL
Vikram Solar Share Price INR 440 per share
Market Cap INR ₹ 14027 Crores
Total number of shares 318784996
Website Click Here

Also Read : Zepto Unlisted Share Price

Vikram solar Unlisted Share Price Financial

Financials Data (in Cr.) FY22 FY23 FY24
Net Sales 1730.30 2073.20 2511.00
Total Income 1743.00 2019.90 2524.00
Net Profit -62.90 14.50 79.70
Shareholder Funds 351.30 365.20 445.40
Total Assets 2237.20 2476.30 2585.50
EPS -2.43 0.56 3.08

Vikram solar Shareholding Pattern

Vikram Capital Management Pvt Ltd 42.93%
Hari Krishna Chaudhary Family Trust 28.20%
Hari Krishna Chaudhary 5.31%
Gyanesh Chaudhary 5.02%
Vikram Financial Services Ltd 5.83%
Other 12.71%

Vikram solar Company Promoters or Management

  1. Gyanesh Chaudhary
  2. Vikram Capital Management Private Limited
  3. Gyanesh Chaudhary Family Trust.

Comparison of accounting ratios with listed industry peers

  • Premier Energies Limited.
  • Websol Energy System Limited.

Vikram solar unlisted Share Price Target 2025

The share price of Apollo Green Energy may Ups & Down. According to our analysis levels, the minimum price of Boat share in 2025 can be ₹440 and the maximum price can be ₹580

Month Wise (Year 2025) Target Price
January ₹440
February ₹454
March ₹468
April ₹482
May ₹496
June ₹510
July ₹524
August ₹538
September ₹552
October ₹566
November ₹580
December ₹594
.

Also Read : Oravel Stays OYO Unlisted Share

Vikram solar Unlisted Share Price History

Vikram solar Price History
26 DEC 2022 ₹420
31 DEC 2024 ₹475

Also Read : NSE India Limited Unlisted Share

Qualitative factors

We are a leading Indian solar PV module manufacturer with a 3.50 GW capacity and 15 years track record.

To meet growing demand, we are currently undertaking significant greenfield and brownfield expansion plans, which will increase our installed manufacturing capacity to 10.50 GW by Fiscal 2026 and 15.50 GW by Fiscal 2027.

Our technical expertise in the solar PV module manufacturing is due to our strong focus on research and development (“R&D”) and robust Quality Control (“QC”) system, and the talent we are able to attract and retain for such functions.

Our PV modules (including those under testing) have wattages between 395Wp and 725Wp rating, and Efficiencies ranging between 21.51% and 23.34%, which is in line with the products available in market on similar technology.

We have an extensive presence in the domestic market having pan-India presence in 23 states and three union territories through an extensive distributor network of 41 authorized distributors, 64 dealers and 67 system integrators across India.

Outside of India, we also have a sales office in the United States, and a procurement office in China. We have also supplied solar PV modules to customers in 39 countries, as of March 31, 2024.

We have a strong brand recognition and customer base due to our understanding of our customer base and the high quality of our products.

Our brand is associated with high quality products and backed by services with a strong execution experience, as evidenced by our inclusion as a Tier-1 solar PV module manufacturer in the list maintained by BloombergNEF in 2014, and have been subsequently listed with the latest inclusion in the first three quarters of calendar year 2024.

Robust financial performance with a strong order book, providing clear visibility on future growth.

We have demonstrated consistent improvement in our financial metrics over the last three Fiscals.

Our growth and financial performance have been facilitated by our focus on risk management and reliance on clearly defined
internal processes to manage our business.

Led by promoters and an experienced management team with an excellent track record. We also benefit from having an advisory board comprising of industry experts, each of whom provides key inputs on our strategy and plans.

Leave a Comment

Open Demat Account

Add Your Google News Feed Money Mint idea

Follow Money Mint idea for the Upcoming IPO News & IPO Reviews, Also Keep Following us on X, Facebook, or Instagram , Linkedin For Our Latest Videos, Subscribe to Our YouTube Channel.