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UNLISTED COMPANY PROFILE

GH2 SOLAR LIMITED

ENERGY LINE
INDICATIVE PRICE / SHARE
₹264
▲ +4.8% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2026

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹285
₹228
24 Feb 2606 Aug 2602 Sept 26

ALL-TIME LOW
₹228
ALL-TIME HIGH
₹285
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹514 Cr
Indicative price × reported outstanding shares
Min. investment
₹10,560
Indicative price × lot size
Lot size
40
P/E ratio
26.29
P/B ratio
8.72
EPS
10.04
ROE
34.08%
Book value
₹30.28
Face value
₹10
Debt / equity
0.81
ISIN
INE1FAE01019
Company security identifier
THE BUSINESS · HOW IT EARNS

GH2 Solar describes itself as an integrated clean-energy platform. The company began in solar EPC and says it executes end-to-end engineering, procurement and construction work for utility-scale and commercial solar projects in India. It later expanded into open-access solar and integrated renewable solutions. Its stated offerings encompass renewable-power generation, energy storage through BESS, green-hydrogen production, electrolyzer manufacturing, hydrogen mobility, fuel-cell systems and downstream green molecules such as green methanol. The company says its projects use EPC, BOO, power-purchase agreement and open-access structures, representing the delivery and ownership models it uses. Its roadmap spans solar and BESS, green hydrogen, electrolyzers, fuel-cell systems, green mobility and green molecules. The site identifies the founder and managing director, but it does not publish audited financial performance or named ownership percentages on the reviewed page.

About this company

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.

COMPANY AT A GLANCE
Sector lineEnergy
SettlementNSDL / CDSL
Incorporated2013
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U40300DL2013PTC249995
PAN
AALCA4806G
Incorporated
2013
Outstanding shares
19,484,080
Registered office
Unit No. 1, Plot No. 2, DDA Building District Centre, Nehru Place, New Delhi 110019, Delhi, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY22FY23FY24FY25
REVENUE1,7316,1726,47721,209
PAT59933462,007
EPS (₹)10
PAT MARGIN3%2%5%9%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Anurag Jain
Founder & CEO
Kapil Agrawal
Chief Financial Officer
Anuj Mathur
Head of Green Hydrogen
Aditi Jain
Director
Vepul Jain
Director
Akhileshwar Singh
Director
Anjuli Chaudhary
Director
COMPANY TIMELINE · EVENTS
CRISIL assigned CRISIL BBB-/Stable and CRISIL A3 ratings to the company’s bank debt facilities. (7 Nov 2025)
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is GH2 Solar Limited listed on the stock exchange?+

No. As of 2 September 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.

What is the GH2 Solar Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of GH2 Solar Limited is ₹264 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for GH2 Solar Limited unlisted shares?+

The displayed unit count is 40 share(s); at the indicative price of about ₹264, the displayed amount is approximately ₹10,560. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of GH2 Solar Limited?+

The recorded ISIN of GH2 Solar Limited is INE1FAE01019. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in GH2 Solar Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
ENERGY LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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