Vikram Solar Limited - Company Profile

Q: Who are the current directors of Vikram Solar Limited?

The current directors of Vikram Solar Limited are Joginder Pal Dua, Ratnabali Kakkar, Gyanesh Chaudhary, Neha Agrawal, Subramanya Krishnappa, Krishna Kumar Maskara, Suresh Gopinathan Menon, Sumit Binani, Ranjan Kumar Jindal, Sudipta Bhowal.

It is a energy and power public limited company based in Kolkata, West Bengal, India, established in 2005.

2005 Kolkata, West Bengal, India Active

Last Updated: March 06, 2026

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About Vikram Solar Limited

Vikram Solar Limited, a active public limited company, was established on 02 December 2005 in Kolkata, West Bengal, India. Engaging in bop & btg services within the manufacturing sector, it holds CIN: U18100WB2005PLC106448. Registered under ROC Roc Kolkata I. it is listed. It has an authorized capital of ₹400.00 Cr and a paid-up capital of ₹362.33 Cr.

Formerly known as International Leather Clothiers Private Limited, Vikram Solar Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹2,456.08 Cr and a net worth of ₹460.34 Cr. Employing 1,454 professional, Its leadership includes Joginder Pal Dua (Additional Director), Ratnabali Kakkar (Director), Gyanesh Chaudhary (Managing Director). Past directors included Mamta Binani, Abhishek Agarwal, Minu Tulsian. It holds ₹8,417.94 Cr open charges and ₹3,624.71 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Biowonder, Unit No. 1102, 11Th Floor, 789, Anandapur Main Road, Eastern Metropolitan Bypass, Kolkata, West Bengal, 700107.

Company Details

CIN/LLPIN
L18100WB2005PLC106448
Registration Number
106448
Incorporation Date
02 December 2005
Authorized Capital
₹400.00 Cr
Paid-Up Capital
₹362.33 Cr
ROC Code
Roc Kolkata I
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 400.00 Cr as on 06-03-2026
Paid Up Capital ₹ 362.33 Cr as on 06-03-2026
Company Age 20 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 8,417.94 Cr as on 06-03-2026
Satisfied Charges ₹ 3,624.71 Cr as on 06-03-2026
Revenue Growth **** 21.19% (FY 2024)
Profit Growth **** 426.16% (FY 2024)
Ebitda **** 115.45% (FY 2024)
Net Worth 18.80% (FY 2024)
Total Assets **** 6.23% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Vikram Solar Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Joginder Pal Dua	Additional Director	01 Dec 2025	Current
Ratnabali Kakkar	Director	12 Dec 2021	Current
Gyanesh Chaudhary	Managing Director	14 Jul 2008	Current
Neha Agrawal	Whole-Time Director	22 Mar 2021	Current
Subramanya Krishnappa	Director	15 Feb 2023	Current
Krishna Kumar Maskara	Whole-Time Director	01 Jan 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	11 Jul 2018	Past
Pramod Abcsdd	Director	01 Dec 2010	Past
Pramod Abcsdd	Company Secretary	08 Dec 2015	Past
Pramod Abcsdd	Cfo	19 Mar 2025	Past
Pramod Abcsdd	Additional Director	09 Aug 2017	Past
Pramod Abcsdd	Company Secretary	02 May 2015	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹84,179,400,000.00

Satisfied Charges

₹36,247,086,853.00

Charges Breakdown by Lending Institutions

Indian Bank : 5217.94 Cr
Sbicap Trustee Company Limited : 3200.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 Feb 2026	Sbicap Trustee Company Limited	₹3,200.00 Cr	Open
17 Feb 2017	Indian Bank	₹2,617.94 Cr	Open
11 Mar 2011	Indian Bank	₹2,600.00 Cr	Open
05 Mar 2024	Others	₹26.50 Cr	Satisfied
27 Mar 2022	Others	₹50.00 Cr	Satisfied

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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Latest Updates, News, and FAQs on Vikram Solar

Recent Activity within the Organization

Charges

The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 3,200.00 Cr with Charge ID 101234419 was registered on 11 Feb 2026. was completed.
11 Feb 2026
Charges

Progress on A charge registered on 17 Feb 2017 via Charge ID 100078722 with Others was fully satisfied on 21 Jan 2026. was documented.
21 Jan 2026
Charges

Progress on A charge registered on 03 Mar 2015 via Charge ID 10559068 with Indian Bank was fully satisfied on 01 Dec 2025. was documented.
01 Dec 2025
Director Appointment

Progress on Joginder Pal Dua was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2025 & has been associated with this company since 3 months 16 days . was documented.
01 Dec 2025
Director Appointment

Suresh Gopinathan Menon was appointed as a Additional Director was appointed as a Additional Director on 01 Dec 2025 & has been associated with this company since 3 months 16 days . was recorded as a recent event.
01 Dec 2025
Charges

The activity A charge registered on 11 Jun 2021 via Charge ID 100459821 with Canara Bank was fully satisfied on 16 Oct 2025. was completed.
16 Oct 2025

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