Unlisted Shares / GH2 Solar Limited
GH2 Solar Limited

GH2 Solar Limited Unlisted Share Price

As of , the indicative unlisted share price of GH2 Solar Limited is ₹248 per share. This is an over-the-counter reference price, not a stock-exchange quote.

As of , GH2 Solar Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.

  • Sector: Energy
  • Status: Unlisted
  • Indicative price: ₹248 per share (as of 16 July 2026)
  • Minimum lot: 45 shares
  • Minimum investment:11,160
Industry: EnergyIncorporated: 2013Unlisted
Daily price
₹248
₹0 (+0.00%)· 1W
As of 16 Jul 2026
8 Jul16 Jul
Indicative. Past performance is not indicative of future results.
At a glance
Price / unit₹248
Market cap₹448 Cr
Min. investment₹11,160
Lot size45
P/E ratio22.33
P/B ratio7.6
Key metrics
Price / unit
₹248
Market cap
₹448 Cr
Min. investment
₹11,160
Lot size
45
P/E ratio
22.33
P/B ratio
7.6
ROE
34.08%
Book value
₹30.28
Face value
₹10
EPS
10.04
Debt / equity
0.81
Company information
CIN
U40300DL2013PTC249995
ISIN
INE1FAE01019
PAN
AALCA4806G
Incorporated
2013
Outstanding shares
19,484,080
₹ in lakhFY22FY23FY24FY25
Revenue1,7316,1726,47721,209
Profit after tax59933462,007
EPS (₹)10
Revenue (₹ in lakh)
FY22
1,731
FY23
6,172
FY24
6,477
FY25
21,209
₹ in lakhFY25
Share capital429
Reserves & surplus5,471
Fixed assets532
Trade receivables5,686
Trade payables1,195
₹ in lakhFY25
Operating (CFO)-2,219
Investing (CFI)-4,152
Financing (CFF)6,652
Net cash generated281
Net margin9.5%
Operating margin13.4%

What is GH2 Solar Limited?

GH2 Solar Limited is an unlisted Energy company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).

GH2 Solar Limited is an Indian renewable energy company operating across solar power and the emerging green hydrogen value chain. The business traces its roots to the 1990s and was incorporated in its present corporate form in 2013, originally focusing on solar engineering, procurement and construction (EPC) before broadening into adjacent clean-energy segments. Today the company describes its work across four broad areas: solar EPC and rooftop installations, commercial and industrial open-access power solutions, green hydrogen production, and electrolyzer manufacturing. On the solar side, GH2 Solar designs, builds and maintains grid-connected photovoltaic systems on a pan-India basis, ranging from rooftop and residential setups to larger commercial and utility-scale plants, complemented by operations-and-maintenance services. Its open-access offering helps industrial and commercial customers source renewable power, while its hydrogen vertical positions it in one of India's most closely watched energy transition themes. The company has built visibility through several milestones, including a green hydrogen demonstration plant associated with a major port in Tamil Nadu and participation in central renewable-energy programs supporting domestic electrolyzer manufacturing capacity. These initiatives align the firm with national priorities around energy security and decarbonization. GH2 Solar is led by a management team with extensive renewable-energy experience, and its registered and operational presence centers on the Delhi-NCR region, with offices in Noida, Uttar Pradesh. Reported figures circulated in the unlisted market point to revenues in the region of a few hundred crore rupees in recent fiscal years, alongside an expanding order pipeline tied to solar and hydrogen projects. Interest in GH2 Solar within the unlisted market stems from its exposure to two structural themes simultaneously: the continued scaling of solar capacity in India and the early-stage build-out of the green hydrogen ecosystem. As a company that has not yet filed for a public listing, it is followed by participants who track pre-IPO and unlisted renewable-energy names. All figures are indicative market data and not a recommendation.

GH2 Solar Limited
Price per unit₹248
Minimum units45
Units
45
Indicative amount11,160
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Reviewed by Kanishk Dev Bangia · NISM-202300182946. Indicative pricing, subject to availability, documentation and final settlement. Information only — not investment advice.

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Frequently asked questions

No. As of 16 July 2026, GH2 Solar Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

The minimum lot is 45 share(s); at the indicative price of about ₹248, that is approximately ₹11,160. Indicative reference, not a quote.

As of 16 July 2026, the indicative unlisted share price of GH2 Solar Limited is ₹248 per share. This is an over-the-counter reference price, not a stock-exchange quote.

The ISIN of GH2 Solar Limited is INE1FAE01019. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.

GH2 Solar Limited is an Indian renewable energy company active across solar EPC and rooftop installations, commercial and industrial open-access power solutions, green hydrogen production, and electrolyzer manufacturing. It designs, builds and maintains solar photovoltaic systems on a pan-India basis and has expanded into the green hydrogen value chain.

No. GH2 Solar Limited is currently an unlisted company and is not traded on the NSE or BSE main board, and it has not filed a public listing document. Unlisted shares are generally transacted off-market between buyers and sellers and settled by transferring shares into the buyer's demat account against payment, subject to availability and applicable terms. This is informational only and not advice.

The indicative price reflects supply and demand among buyers and sellers in the off-market for unlisted shares, along with factors such as the company's reported financial performance, order pipeline, developments in the solar and green hydrogen sectors, and broader market sentiment. Because there is no exchange-based continuous trading, quoted prices are indicative and can vary between sources and over time.

Publicly circulated details include ISIN INE1FAE01019, a face value of ₹10 per share, and incorporation in its present corporate form in 2013, with operations centered in the Delhi-NCR region (Noida, Uttar Pradesh). The company reports activity across solar and green hydrogen segments. Figures cited in the unlisted market are indicative and should be independently verified.

They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.

After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.

Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.

Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.

An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.

Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.

Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.

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GH2 Solar Limited vs similar unlisted Energy shares

Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.

CompanyIndicative priceP/ELotMin. investment
GH2 Solar Limited This page₹24822.3345₹11,160
Nayara Energy (Formerly Essar Oil) Limited₹1,07527.5610₹10,750
Inox Clean Energy Limited₹7952396.5515₹11,925
Greenzo Energy India Limited₹578583.8420₹11,560
GH2 Solar Limited vs Nayara Energy (Formerly Essar Oil) LimitedGH2 Solar Limited vs Inox Clean Energy LimitedGH2 Solar Limited vs Greenzo Energy India LimitedGH2 Solar Limited vs Inox Renewable Solutions Limited
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