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UNLISTED COMPANY PROFILE

HVR SOLAR PRIVATE LIMITED

ENERGY LINE
INDICATIVE PRICE / SHARE
₹268
▲ +3.1% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 03 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.

₹268
₹200
23 Mar 2612 Aug 2603 Sept 26

ALL-TIME LOW
₹200
ALL-TIME HIGH
₹268
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
₹228 Cr
Latest available company data
Min. investment
₹10,720
Indicative price × lot size
Lot size
40
P/E ratio
37.91
P/B ratio
26.04
EPS
7.07
ROE
25.21%
Book value
₹10.29
Face value
₹10
ISIN
INE1NDM01010
Company security identifier
THE BUSINESS · HOW IT EARNS

HVR Solar Private Limited's company website identifies it as a manufacturer of solar photovoltaic modules using crystalline-silicon technology. The issuer says that its modules are made on automatic production lines at its Sonipat, Haryana manufacturing plant, which it says was commissioned in 2016 and has annual capacity of 50 MW. It says the facility can produce mono- and polycrystalline modules in 5Wp-to-425Wp formats. The website's product catalogue lists Mono PERC crystalline PV modules in several power ranges and polycrystalline PV modules, while its company description identifies PV-module manufacture as the core activity. It also identifies quality control, R&D, raw-material selection and supply-chain/logistics as supporting elements. This summary is limited to manufacturing, the product categories and the stated production-site model; it does not infer EPC activity, project ownership, capacity additions, sales geography, customer base or financial performance.

About this company

HVR Solar Private Limited is a Delhi-headquartered solar energy company incorporated in 2016 that manufactures solar photovoltaic (PV) modules and delivers engineering, procurement, and construction (EPC) services for solar power projects. The company operates manufacturing facilities in Sonipat, Haryana, where it produces mono and polycrystalline solar panels alongside a broader portfolio of solar-powered products. Its activity spans module manufacturing and turnkey solar installations aimed primarily at commercial, industrial, and institutional customers seeking captive or rooftop solar capacity. The business is built around two complementary segments. The manufacturing arm focuses on producing high-efficiency PV modules, while the EPC and solutions arm handles project design, supply, installation, and commissioning of solar systems. This integrated model lets the company participate across the value chain, from cell-to-module assembly through to operational solar plants, and it has publicly outlined plans to expand its module manufacturing capacity significantly in response to rising domestic demand for solar equipment. HVR Solar is promoted by the Aggarwal family, with Rishabh Aggarwal associated as a key promoter and the board also including Harsh Aggarwal, Veena Aggarwal, and Sagar Sachdev. As a closely held private company, ownership remains concentrated among the promoter group, which is a common structure for emerging manufacturers in India's renewable-energy supply chain. Interest in HVR Solar within the unlisted market is closely tied to India's broader clean-energy and domestic solar-manufacturing theme. Government emphasis on local module production, import substitution, and expanding renewable capacity has drawn attention to companies positioned in this space, and HVR Solar's stated capacity-expansion ambitions add to that narrative. Its shares trade on a face value of ₹10, and the company is quoted in the unlisted segment with an indicative price of around ₹245 per share. Because the company is not listed on any stock exchange, these figures reflect indicative over-the-counter market data rather than exchange-determined prices, and they can move with sentiment, financial performance, and demand for unlisted solar-sector exposure.

COMPANY AT A GLANCE
Sector lineEnergy
SettlementNSDL / CDSL
Incorporated2016
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
U74900DL2016PTC291628
PAN
AADCH8145F
Incorporated
2016
Outstanding shares
99,00,000 (99 lakh / 9.9 million equity shares; FV Rs.10; paid-up capital Rs.9.9 cr)
Registered office
Unit No. 611-612, Pearl Omaxe Tower, Netaji Subhash Place, Pitampura, North West Delhi, Delhi 110034, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY25
REVENUE10,100
PAT700
EPS (₹)7
PAT MARGIN7%
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

Rishabh Aggarwal
Managing Director / Founder
Harsh Aggarwal
Director
Veena Aggarwal
Director
Sagar Sachdev
Director
COMPANY TIMELINE · EVENTS
The LEI record reports a completed change of legal address. (8 Jul 2024)
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is HVR Solar Private Limited listed on the stock exchange?+

No. As of 3 September 2026, HVR Solar Private 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 HVR Solar Private Limited unlisted share price?+

As of 3 September 2026, the indicative unlisted share price of HVR Solar Private Limited is ₹268 per share. This is an over-the-counter reference price, not a stock-exchange quote.

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

The displayed unit count is 40 share(s); at the indicative price of about ₹268, the displayed amount is approximately ₹10,720. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of HVR Solar Private Limited?+

The recorded ISIN of HVR Solar Private Limited is INE1NDM01010. 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 HVR Solar Private 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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