Vikram Solar Limited

Specializing in high-efficiency solar solutions, including PV modules, lighting systems, and EPC services.

2005 | Kolkata, West Bengal (India) | Active
Last Updated:

Vikram Solar Profile

Key Indicators

  • Authorised Capital ₹ 400.00 Cr
  • Paid Up Capital ₹ 316.54 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,745.01 Cr
  • Satisfied Charges ₹ 3,227.61 Cr
  • Revenue Growth 21.19%
  • Profit Growth 426.16%
  • Ebitda 115.45%
  • Net Worth 18.80%
  • Total Assets 6.23%

About Vikram Solar

Vikram Solar Limited (VSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 December 2005 and has a history of 19 years and three months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as International Leather Clothiers Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 400.00 Cr and a paid-up capital of Rs 316.54 Cr.

The company currently has active open charges totaling ₹4,745.01 Cr. The company has closed loans amounting to ₹3,227.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vikram Solar Limited India are Narayan Lodha as Cfo, Ivan Saha as Ceo, and Sudipta Bhowal as Company Secretary. Gyanesh Chaudhary, Subramanya Krishnappa, Sumit Binani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikramsolar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18100WB2005PLC106448

  • Company No.

    106448

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 2005

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Energy and Power
Environment

What products or services does Vikram Solar Limited offer?

Vikram Solar Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Panels, Solar Module, Vikram Solar Panels.

Who are the key members and board of directors at Vikram Solar?

Executive Team (4)

NameDesignationAppointment DateStatus
Gyanesh Chaudhary Country flag representing In Managing Director14-Jul-2008Current
Narayan Lodha Country flag representing In CFO10-Apr-2024Current
Ivan Saha Country flag representing In CEO07-May-2023Current
Sudipta Bhowal Country flag representing In Company Secretary04-Jul-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sumit Binani Country flag representing In Additional Director 27-Sep-2024Current
Neha Agrawal Country flag representing In Whole-Time Director 22-Mar-2021Current
Krishna Maskara Country flag representing In Whole-Time Director 01-Jan-2009Current
Subramanya Krishnappa Country flag representing In Director 15-Feb-2023Current
Ratnabali Kakkar Country flag representing Gb Director 12-Dec-2021Current

Financial Performance of Vikram Solar.

Vikram Solar Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 21.19% increase. The company also saw a substantial improvement in profitability, with a 426.16% increase in profit. The company's net worth Soared by an impressive increase of 18.8%.

Vikram Solar revenue growth over time
Vikram Solar profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.19%
Revenue from Operations
21.65%
Total Assets
6.23%
Profit or Loss
426.16%
Net Worth
18.80%
EBITDA
115.45%

What is the Ownership and Shareholding Structure of Vikram Solar?

In 2024, Vikram Solar had a promoter holding of 76.19% and a public holding of 23.81%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,745.01 Cr

Satisfied Charges

₹3,227.61 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 4581.91 Cr
  • Canara Bank : 95.00 Cr
  • United Bank Of India : 35.00 Cr
  • Others : 33.10 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2024Others₹26.50 CrOpen
11 Jun 2021Canara Bank₹95.00 CrOpen
17 Feb 2017Others₹6.60 CrOpen
17 Feb 2017Indian Bank₹2,243.91 CrOpen
21 Oct 2016United Bank Of India₹35.00 CrOpen

How Many Employees Work at Vikram Solar?

Vikram Solar has a workforce of 1454 employees as of Dec 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Vikram Solar Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vikram Solar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vikram Solar's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Vikram Solar

Recent activity within the organization

  • Director Appointment

    Sumit Binani was appointed as a Additional Director was appointed as a Additional Director on 27 Sep 2024 & has been associated with this company since 5 months 7 days .

  • Annual General Meeting

    Vikram Solar Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Director Appointment

    Narayan Lodha was appointed as a Cfo was appointed as a Cfo on 10 Apr 2024 & has been associated with this company since 10 months 24 days .

  • Balance Sheet

    Vikram Solar Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others amounted to Rs. 26.50 Cr with Charge ID 100890635 was registered on 05 Mar 2024.

  • Charges

    A charge registered on 27 Mar 2022 via Charge ID 100561977 with Others was fully satisfied on 20 Dec 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Vikram Solar Limited?

    Vikram Solar Limited was incorporated on 02 Dec 2005.

  • What is authorized share capital and paid-up capital of Vikram Solar Limited?

    The authorized share capital of Vikram Solar Limited is ₹ 400.00 Cr and paid-up capital is ₹ 316.54 Cr.

  • Who are the current board members & directors of Vikram Solar Limited?

    Currently 9 directors are associated with Vikram Solar Limited.

    • Gyanesh Chaudhary
    • Subramanya Krishnappa
    • Sumit Binani
    • Krishna Kumar Maskara
    • Neha Agrawal
    • Ratnabali Kakkar
    • Narayan Lodha
    • Ivan Saha
    • Sudipta Bhowal

  • What is the registered address of Vikram Solar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vikram Solar Limited is Biowonder Unit No. 1102 11Th Floor 789, Anandapur Main Road Eastern Metropolitan Bypass India, Kolkata, West Bengal, 700107.

  • What is the corporate identification number (CIN) and company number of Vikram Solar Limited?

    The corporate identification number (CIN) of Vikram Solar Limited is U18100WB2005PLC106448 and the company number is 106448 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vikram Solar Limited?

    The Official website of Vikram Solar Limited is https://www.vikramsolar.com

  • What has been the recent revenue trend for Vikram Solar Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Vikram Solar Limited has risen by 21.19%.

  • How many employees does Vikram Solar Limited currently have?

    As Per 2024 financial reports, 1454 employees are currently employed by Vikram Solar Limited.

  • What change has been observed in the net worth of Vikram Solar Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Vikram Solar Limited has experienced an upsurge of 18.80%.

  • What are the total open charges for Vikram Solar Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Vikram Solar Limited amount to ₹ 4,745.01 Cr.

  • When was the last Balance Sheet of Vikram Solar Limited filed with the ROC?

    The most recent Balance Sheet for Vikram Solar Limited was filed with the ROC on 31 Mar 2024.

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