HVR Solar Private Limited Unlisted Share Price
As of , the indicative unlisted share price of HVR Solar Private Limited is ₹260 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , HVR Solar Private Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| Price / unit | ₹260 |
|---|---|
| Market cap | ₹228 Cr |
| Min. investment | ₹10,400 |
| Lot size | 40 |
| P/E ratio | 32.53 |
| P/B ratio | 22.35 |
What is HVR Solar Private Limited?
HVR Solar Private 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).
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.
Explore more unlisted shares
Other companies in our curated selection.
Frequently asked questions
No. As of 16 July 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.
The minimum lot is 40 share(s); at the indicative price of about ₹260, that is approximately ₹10,400. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of HVR Solar Private Limited is ₹260 per share. This is an over-the-counter reference price, not a stock-exchange quote.
The ISIN of HVR Solar Private Limited is INE1NDM01010. 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.
HVR Solar Private Limited is a Delhi-based company incorporated in 2016 that manufactures solar photovoltaic (PV) modules and provides engineering, procurement, and construction (EPC) services for solar projects. It operates manufacturing facilities in Sonipat, Haryana, and serves commercial and industrial customers across module supply and turnkey solar installations.
No. HVR Solar Private Limited is not listed on the NSE or BSE and is currently a privately held, unlisted company. Its shares are available only in the unlisted or pre-IPO market, where transactions happen off-exchange between buyers and sellers, settled through a demat account. Availability and indicative pricing depend on what sellers and buyers are willing to transact at, and such transactions carry liquidity and valuation considerations distinct from listed stocks.
The indicative price reflects supply and demand in the over-the-counter unlisted market rather than an exchange-quoted price. It is influenced by the company's financial performance, the outlook for India's solar manufacturing sector, broader market sentiment, capacity-expansion plans, and the relative scarcity of available shares. Because it is not exchange-determined, the indicative price can vary between sources and over time.
HVR Solar has a Corporate Identification Number (CIN) of U74900DL2016PTC291628 and an ISIN of INE1NDM01010. The shares carry a face value of ₹10 each, the company was incorporated in 2016, and its registered office is in Delhi. These details are provided for informational purposes and may change as the company files updated records.
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.
HVR Solar Private Limited vs similar unlisted Energy shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.