| Name | Vikram Solar Limited |
|---|---|
| Sector | Renewable Energy |
| Security Type | Unlisted/ Pre-IPO Equity Shares |
| Face Value | ₹ 10 |
| ISIN Code | INE078V01014 |
| Available in Depository | CDSL & NSDL |
| Vikram Solar Unlisted Share Price | ₹ 287 Per Equity Share |
| Lot Size | 100 Shares |
| Minimum Investment | ₹ 27000-28800 |
| All-Time High | ₹ 400 |
| All-Time Low | ₹ 165 |
| Highlights | - One of India’s largest module manufacturers, in terms of operational capacity, producing solar photo-voltaic (“PV”) modules - Integrated solar energy solutions provider offering EPC services & O&M services |
| PAN | AABCI5168D |
Vikram Solar is one of India’s largest module manufacturers, in terms of operational capacity, producing solar
photo-voltaic (“PV”) modules and are also an integrated solar energy solutions provider offering engineering, procurement and construction (“EPC”) services, and operations and maintenance (“O&M”) services. Vikram Solar commenced its manufacturing operations in 2009.
Vikram Solar is one of India’s largest module manufacturers, boasting operational capacity with 3.5 GW of installed manufacturing capability for solar PV modules. Vikram Solar specializes in producing mono PERC, bifacial, monofacial, smart, and polycrystalline PV modules across their factories situated at Falta SEZ, Kolkata, West Bengal, and at Oragadam in Chennai, Tamil Nadu. These strategically located facilities provide access to ports, rail, and roads, facilitating both domestic and international operations. With 12 years of experience in the solar PV module technology sector, Vikram Solar has cultivated robust engineering capabilities, resulting in the production of high-efficiency PV modules.
As of December 29, 2021, Vikram Solar held one of the largest enlisted capacities in the Ministry of New & Renewable Energy’s Approved List of Module Manufacturers (“ALMM”). Equipped with state-of-the-art manufacturing equipment from leading suppliers, Vikram Solar employs robust in-house processes and systems to drive manufacturing efficiency. Coupled with a global supply chain and a comprehensive sales and distribution network, Vikram Solar stands as the preferred choice for products and services bearing the “Made in India” brand on a global scale.
Vikram Solar actively contributes to shaping the solar revolution across continents, boasting an international presence on six continents. As of December 31, 2021, the O&M division of Vikram Solar possesses project experience totaling 970 MW. Additionally, Vikram Solar holds the distinction of being the first company in India to commission a floating solar PV plant of 10 kW. Furthermore, Vikram Solar ranks among the top 5 EPC players in India by installed base.
Additionally, Vikram Solar has achieved several noteworthy milestones. It installed Eastern India’s largest single-shed solar project, boasting a capacity of 2.15 MW for Keventers. Vikram Solar also holds the distinction of being the first to contribute to the solarization of the ‘World’s 1st Fully Solarized Airport – Cochin International Airport Limited (CIAL)’. Furthermore, the company installed one of the largest ‘Carport’ Solar Rooftop Installations, totaling 5 MWp at Maruti Udyog Limited in Gurgaon. Moreover, Vikram Solar has demonstrated its commitment to innovation by installing a 10 kW floating solar power plant in Rajarhat, Kolkata, as part of an R&D venture jointly undertaken with Arka Renewable Energy College and New Town Kolkata Development Authority. This project was funded by the MNRE.
Vikram Solar Customers:
Some of Vikram Solar’s Customers include:
Vikram Solar Projects:
(Image Sources: Vikram Solar Corporate Brochures/Flyers/Website)
Vikram Solar Modules:
(Image Sources: Vikram Solar Corporate Brochures/Flyers/Website)
Source: Vikram Solar Annual Report FY2023-24
Vikram Solar Achievements:
Vikram Solar Business Verticals:
Vikram Solar Manufacturing facilities:
Vikram Solar Projects Commissioned:
Source: Vikram Solar Annual Report: FY2023-24
Vikram Solar’s Operational Efficiency:
Source: Vikram Solar Annual Report 2023-24
| Particulars | FY2022-23 | FY2021-22 | FY2020-21 |
|---|---|---|---|
| Income | |||
| Revenue from operations | 20,732.3 | 17,303.10 | 16,101.38 |
| Other income | 186.81 | 127.38 | 174.64 |
| Total income | 20,919.11 | 17,430.48 | 16,276.02 |
| Expenses | |||
| Cost of material and services consumed | 17,173.52 | 13,954.77 | 12,163.34 |
| Changes in inventories of finished goods and work-in-progress | (1,006.8) | (113.24) | 5.37 |
| Employee benefits expense | 912.08 | 1,091.31 | 870.67 |
| Finance costs | 1,220.48 | 1,028.74 | 994.79 |
| Depreciation and amortization expense | 639.37 | 479.80 | 388.26 |
| Other expenses | 1,791.72 | 1,783.49 | 1,291.62 |
| Total expenses | 20,730.37 | 18,224.87 | 15,714.05 |
| Profit/(loss) before tax | 188.74 | (794.39) | 561.97 |
| Income tax expense | |||
| -Current tax | 45.56 | 12.56 | 108.20 |
| -Income Tax of earlier years | - | 6.11 | - |
| -Deferred tax | (1.73) | (183.66) | 71.84 |
| Profit / (loss) for the year | 144.91 | (629.40) | 381.93 |
| EPS (in INR per share) | 0.56 | (2.43) | 1.48 |
*Rates mentioned in the chart are indicative.
The trend indicator above has been derived from the current demand/supply of Vikram Solar Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.
Total Number of Outstanding Shares of Vikram Solar: 25,88,30,000 shares (As per FY23 Annual Report)
Market Cap Scenarios:
At 250 Rs/Share, Vikram Solar Unlisted Shares values the company at approx. Rs. 6,470 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Vikram Solar unlisted shares.
At 300 Rs/Share, Vikram Solar Unlisted Shares values the company at approx. Rs. 7,764 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Vikram Solar unlisted shares.
At 350 Rs/Share, Vikram Solar Unlisted Shares values the company at approx. Rs. 9,059 crores.
This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Vikram Solar unlisted shares.
Source: Vikram Solar Annual Report 2022-23
| Name | Listing Status |
|---|---|
| Waaree Energies | Unlisted |
| Matrix Gas And Renewables | Unlisted |
No information found for Vikram Solar Dividend
No information found for Vikram Solar Rights Issue
No information found for Vikram Solar Buyback
No information found for Vikram Solar Share Split
Disclaimer: Please note that the above review is about the Vikram Solar Unlisted Shares trading in the unlisted space and not about the company itself. The views are purely personal and must not be construed as any recommendation/advice to buy/sell/hold. The figures and calculations are presented in good faith and we are not liable for any errors in the same. Kindly do your due diligence before investing.
Process of Buying Vikram Solar Unlisted Shares
For detailed buying process, refer here
The minimum lot size for investing in Vikram Solar Unlisted Shares is 100 Shares
The Lock-in period for Vikram Solar Unlisted Shares will be Six Months in case of an IPO. The Lock-in period starts from the date of IPO allotment.
As per the SEBI guidelines, lock-in period for Pre IPO shares is six months. The lock-in period starts from the date of allotment of IPO. During the lock-in period, the shares remain in your account but are marked as locked. After six months, the shares automatically gets unlocked and one can sell it normally on stock exchanges like any other listed shares
Yes, buying Vikram Solar Unlisted Shares is completely legal
You can regularly check the updated price of Vikram Solar Unlisted Shares at our Website and on our Telegram Channel
At Unlisted Arena, you can buy Vikram Solar Unlisted Shares and many such Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares
You can sell Vikram Solar Unlisted Shares:
Before IPO: You can sell Vikram Solar Unlisted Shares before IPO too. You need to have a buyer for this shares. We can also help you to liquidate your holdings of unlisted shares.
After IPO: Once the lock-in period is complete, you can sell the shares on stock exchanges(NSE/BSE) just like any other listed shares.
There are two methods to transfer Vikram Solar Unlisted Shares
Method 1 – Offline Transfer
In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided
Method 2 – Online Transfer
One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it.
Yes, Vikram Solar Unlisted Shares are in demat form just like listed shares. You can buy and store them in your demat account. Like listed shares, Unlisted Shares also have their ISIN code so that you can verify the authenticity of shares.
Once the process is complete, Vikram Solar Unlisted Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement.
You can also check your holdings in the following:
If you have CDSL Demat Account – CDSL Myeasi app
If you have NSDL Demat Account – NSDL Speed-E
Many investors do ask ‘How to buy Vikram Solar Unlisted Shares in Zerodha, Angel One, Upstox, etc?’
You can buy Vikram Solar Unlisted Shares in any demat account with any broking company
When it comes to delivery of unlisted shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day.
Short Term Capital Gains Tax: If unlisted shares are sold in 24 months or less, gains from such sale are taxed at the slab rate.
Long Term Capital Gains Tax: If unlisted shares are sold after holding for more than 24 months, gains on such sale will be taxed at 20% after indexation.
Tax on Capital Gains on Unlisted Shares that are sold after getting listed: The tax rates will be the same as that on purchase and sale of listed shares.
That is, the long-term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of ₹ 1 lakh per financial year.
Short-term gains (gains on selling shares in one year or less) will be taxed at 15%
For listed shares, there are numerous applications and website which shows the market capitalization of shares. But no need to worry, we have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing Unlisted Shares rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of PharmEasy Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share
You can easily check latest developments, news related to Vikram Solar Unlisted Shares on our website without any sign up or login. Click here to know about latest news and happenings
Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here
Vikram Solar is a Pre IPO company.
Yes, NRIs can also buy and sell Vikram Solar Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis
Like any listed shares, Unlisted Shares price is also determined by demand-supply of Unlisted Shares. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer. If the listed business is identical, unlisted companies share price/valuation will too be in similar fashion
At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges
One can buy Vikram Solar Unlisted Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares.
Unlisted Arena sources Vikram Solar Unlisted Shares from existing investors looking to liquidate their investment
Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Unlisted Shares in your demat account on the record date declared by the company to be eligible for such corporate actions
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