Vikram Solar Share Price Today

Vikram Solar Limited Pre IPO Share - Company Overview 

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 Limited Company Details as of March 31, 2022

Incorporation Details of Vikram Solar Limited

Particular of Subsidiary Companies of Vikram Solar Limited

Board of Directors of Vikram Solar Limited

Principal Business Activities of Vikram Solar Limited  

Shareholding Pattern of Vikram Solar Limited (As on 31-03-2021)

Industry Outlook

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.