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GH2 Solar Limited Unlisted Shares
Unlisted Shares
Current Price
₹275
Market Cap
₹514 Cr
Book Value
78.36
ISIN
INE1FAE01019
P/E Ratio
11.03
Lot Size
500
Trade
₹275
Stats
| Company | GH2 Solar Limited |
| Incorporation Date | March 28, 2013 |
| ISIN Number | INE1FAE01019 |
| PAN | AALCA4806G |
| CIN | U40300DL2013PTC249995 |
| Corporate Office | A-8, Block A, Sector 68, Noida, Basi Bahuddin Nagar, Uttar Pradesh 201309 |
| Sector | Renewable Energy |
| Depository | |
| Face Value | 10 |
| Book Value | 78.36 |
Financial Year Report
No Data to show for this.
Figures in ₹ Cr
Financials
| PARTICULARS | FY23 | FY24 | FY25 | FY26LATEST |
|---|---|---|---|---|
| REVENUE | 6,172 | 6,477 | 20,944 | 57,816▲176% |
| EBITDA | 168 | 547 | 2,195 | 6,998▲219% |
| OPM (%) | 2.72 | 8.45 | 10.48 | 12.11▲16% |
| PBT | 129 | 499 | 2,147 | 6,317▲194% |
| PAT | 93 | 346 | 1,332 | 4,664▲250% |
| EPS (₹) | 244.74 | 10.03 | 31.05 | 23.94▼23% |
GH2 Solar Limited Company Thesis
GH2 Solar is an integrated renewable energy company founded in 2013 and headquartered in New Delhi, operating at the heart of India's clean energy transition. The company has built a strong operational foundation across three high-growth verticals — Solar EPC (Engineering, Procurement & Construction), Green Hydrogen, and Energy Storage — making it one of the few Indian companies to offer a fully integrated, end-to-end clean energy solution to commercial and industrial (C&I) clients.
With 650+ solar projects delivered across 325+ clients, GH2 Solar has established itself as a credible execution-focused EPC player. But the company's most significant growth catalyst lies ahead — it is now pivoting into electrolyser manufacturing, a critical bottleneck in India's green hydrogen supply chain that the government is prioritising through policy and capital support.
The Landmark SECI Win: GH2 Solar emerged as the successful bidder for a SECI tender, securing 105 MW of electrolyser manufacturing capacity, with a ₹157.5 Crore PLI subsidy under the SIGHT program. This is not just a contract — it is a government-validated stamp of technical credibility in one of India's most strategically important emerging industries.
The Manufacturing Play: GH2 Solar is establishing a green hydrogen electrolyser manufacturing facility in Gwalior, Madhya Pradesh, through a joint venture with South Korea's Advanced Hydrogen Energy Solutions (AHES) Ltd, with total investment pegged at ₹400 Crore, capacity expansion to 500 MW by 2030, and the addition of a 3 GWh battery energy storage system assembly line.
Recent Fundraise: GH2 Solar has raised $6.5 million from AARTH AIF, Dr. Faruk G. Patel of KP Group, and GrowMo360 — marking its first institutional round and validating investor appetite for the company's integrated clean energy model.
IPO Pipeline: GH2 Solar has announced an IPO planned for 2026 to fund future growth, targeting approximately ₹250 Crore to be raised from the main board listing.
Frequently Asked Questions ?
What is GH2 Solar Limited and what does the company do?
GH2 Solar Limited is a leading company in the renewable energy sector, specializing in green hydrogen solutions and solar technology. The company develops innovative projects focused on producing sustainable hydrogen through solar energy, supporting the transition to clean and renewable energy sources.
How can I invest in GH2 Solar Limited unlisted shares?
To invest in GH2 Solar Limited unlisted shares, you typically need to connect with authorized brokers, investment platforms, or private placement agents who specialize in unlisted shares. It's important to conduct thorough due diligence on GH2 Solar and consult a qualified financial advisor before making any investment decisions.
What makes GH2 Solar’s renewable energy technology unique?
GH2 Solar leverages cutting-edge solar and hydrogen technology to create efficient and sustainable energy solutions. Their innovative approach focuses on integrating solar power generation with green hydrogen production, setting them apart in the renewable energy sector for both technology and environmental impact.
What are the benefits of investing in GH2 Solar Limited?
Investing in GH2 Solar Limited offers exposure to the rapidly growing green energy industry, specifically in solar-powered hydrogen generation projects. As GH2 Solar company is involved in sustainable and forward-looking technologies, it provides investors with potential long-term growth opportunities within the renewable energy market.
What projects is GH2 Solar currently working on?
GH2 Solar is engaged in several innovative renewable energy projects, focusing on large-scale solar farms and green hydrogen production facilities. These projects are designed to deliver clean energy solutions and support global sustainability goals.
How does GH2 Solar contribute to green energy initiatives?
GH2 Solar actively supports green energy initiatives by developing technologies and projects that utilize solar power to produce clean hydrogen. Their goal is to reduce reliance on fossil fuels and promote a sustainable energy future through advanced renewable solutions.
Is GH2 Solar Limited a reliable choice for renewable energy investments?
GH2 Solar Limited is recognized as a reputable company in the renewable energy industry, known for its commitment to green energy and innovative hydrogen technology. However, as with any investment in unlisted shares, it’s important to assess the company's financial stability, track record, and future potential before investing.