Renewable Energy • Solar module manufacturing
Goldi Solar is a solar energy company based in Surat, Gujarat. It was founded in 2011 by Captain Ishver Dholakiya, who is the Founder and Managing Director. The family comes from the diamond business and moved into solar after the founder saw its potential for clean energy. The main business is making solar photovoltaic modules. According to the company's own profile, it reached 3 GW of module capacity by the end of FY23-24 and plans 14 GW by mid-FY26. Its range includes mono and bifacial modules, DCR and non-DCR modules, and TOPCon bifacial modules. It also sells inverters in the 3.3KW-25KW range under the VAMA brand. Goldi runs factories at Pipodara, Navsari and Kosamba in Gujarat. The Pipodara plant is the oldest and runs on solar energy. Navsari has a 4 GW automated line, and Kosamba has a 4.6 GW line making TOPCon modules. The company also plans cell manufacturing of 4 GW by FY27, which would let it make its own cells instead of buying them. Beyond modules, Goldi has an EPC and rooftop business with 8000+ customers, and it builds solar projects for factories, mills and institutions. It has a workforce of 2500+ and says it ships to over 20 countries. In 2020 it received Bankable Tier 1 status from Bloomberg New Energy Finance, and in 2024 Kiwa PVEL named it a Top Performer. The company has filed a confidential DRHP with SEBI for a proposed IPO, so the issue size, price and dates are not public yet. Unlisted shares of a company like this are dealt off-market between private buyers and sellers, and the price on this page is only an indicative figure of ₹335, not an exchange price. The lot size is 1000 shares. This page does not show financials because the company's published annual reports could not be read as text.
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Data refreshed 08 Nov 2026, 07:00 pm IST.