Established on 02 December 2005 Vikram Solar Limited is a Public Limited Company and the company module manufacturing capacity annually of 2.5 GW. It is the second-largest solar energy company in India in terms of revenue. It is registered at the registrar of companies in Kolkata, West Bengal as a non-government company. Authorized equity share capital is Rs. 4,00,00,00,000 and its paid-up share capital is Rs. 2,58,83,00,000. It is involved in the business of manufacturing solar PV modules, but it also provides engineering, procurement, and construction services, as well as solar power plant operations and maintenance.
In addition to the United States, it supplied solar modules in Belgium, Bhutan, Canada, Denmark, Germany, Ghana, Nepal, the Netherlands, New Zealand, Poland, and Saudi Arabia in fiscal 2020-21.
Vikram Solar Outstanding Shares: |
258,830,000 |
Face Value of Vikram Solar Unlisted Share: |
Rs. 10 Per Equity Shares |
ISIN of Vikram Solar Limited Unlisted Share: |
INE078V01014 |
Lot Size of Vikram Solar Limited Unlisted Share: |
500 Shares |
Vikram Solar Share Price: |
Best in Industry |
PAN Number of Vikram Solar Limited: |
AABCI5168D |
Vikram Solar Limited CIN Number |
U18100WB2005PLC106448 |
Vikram Solar Limited Registration Date |
02-Dec-05 |
Category / Sub-Category of Vikram Solar |
Company limited by Shares |
Vikram Solar Registered Office Address |
The Chambers, 8th Floor, 1865, Rajdanga Main Road, Kolkata - 700107 |
Vikram Solar Limited Company Registrar & Transfer Agent Address and Contact Details |
Link Intime India Private Limited, The Chambers, 8th Floor 1865, Rajdanga Main Road, Kolkata - 700107, Tel. No.: 0332447299 |
|
S. No. |
Name of the Company |
Subsidiary |
% of shares held |
|
1. |
VP Utilities & Services Private Limited |
Subsidiary |
100% |
|
2. |
VSL Green Power Private Limited |
Subsidiary |
100% |
|
3. |
Vikram Solar RE Power Private Limited |
Subsidiary |
100% |
|
4. |
Vikram Solar Foundation |
Subsidiary |
100% |
|
5. |
Vikram Solar Cleantech (P) Ltd. |
Subsidiary |
100% |
|
6. |
Indriya Labs Pvt. Ltd. |
Subsidiary |
100% |
|
7. |
Vikram Solar GmbH |
Subsidiary |
100% |
|
8. |
Vikram Solar Pvt. Limited |
Subsidiary |
100% |
|
9. |
Vikram Solar Us Inc. |
Subsidiary |
100% |
|
S. No. |
Name of Directors |
Category of Directors |
|
1. |
MR. H.K. CHAUDHARY |
CHAIRMAN |
|
2. |
MR. J.P. DUA |
INDEPENDENT DIRECTOR |
|
3. |
MR. PROBIR ROY |
INDEPENDENT DIRECTOR |
|
4. |
MR. GYANESH CHAUDHARY |
MANAGING DIRECTOR |
|
5. |
MR. VIKRAM SWARUP |
INDEPENDENT DIRECTOR |
|
6. |
MR. K.K. MASKARA |
WHOLE-TIME DIRECTOR |
|
7. |
MS. NEHA AGRAWAL |
WHOLE-TIME DIRECTOR |
|
S. No. |
Name & Description of main products/services |
NIC Code of the Product /service |
% to total turnover of the company |
|
1 |
Sale of Solar PV Modules |
35105 |
70.84% |
|
2 |
Engineering, Procurement, and Construction (EPC) |
42201 |
29.16% |
|
TOTAL |
100.00% |
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoter and Promoters Group |
2,40,91,92,500 |
93.08% |
|
2 |
Public |
6,91,90,000 |
2.67% |
|
3 |
Non-Promoter Non-Public |
10,99,17,500 |
4.25% |
|
|
Total |
2,58,83,00,000 |
100.00% |
The Company Domestic demand was impacted by the general economic slowdown throughout the year. The unprecedented outbreak of COVID-19 and subsequent nationwide lockdown alleviated additional stress on the Company's business. Despite these challenges, the Company was able to post a healthy performance in Financial Year 2020-21.
The Company has installed and commissioned over 1358 MW of solar projects in India. It has an annual PV Module production capacity of 1.2 GW. In 2020, the Company received 5 awards for technical innovation and operational efficiencies at the 'PV Module Tech India 2020 Awards'.
In fiscal 2020-21, the Indian economy contracted by 7.3%. Services and industry were among the hardest hit by the pandemic, while agriculture grew by 3.6%. The Government of India and the Reserve Bank of India implemented a number of strategic measures to fortify the economy.
The Company has made significant strides in reducing climate change through the use of solar energy. It has worked tirelessly to reduce costs and meet customer demands in a rapidly changing environment.
