Insolare Energy unlisted share price

Price history

About

InSolare Energy Limited (earlier InSolare Energy Private Limited) is an end-to-end solar engineering, procurement and construction (EPC) company based in Ahmedabad, Gujarat. It was started in 2009 by Dr. Sunit Tyagi, Dr. Hemanshu Bhatt and Navashil Sharma. The company designs and builds solar projects, mostly for private commercial and industrial customers, and also offers solar asset management and operations and maintenance services. Its work covers ground-mount plants, rooftops, carports, canal-top and floating solar. The annual report for the year ended 31 March 2025 says the EPC portfolio is now over 1200 MWp. In FY25 the company executed more than 15 projects with over 200 MWp of capacity and managed an O&M portfolio of 120 MWp. It has a team of over 300 people, and it has completed two projects in the UAE through an international joint venture partner. On a consolidated basis, revenue from operations was ₹430.84 crore in FY25 against ₹162.68 crore in FY24, and profit after tax was ₹17.05 crore against ₹3.20 crore. The company reports that EBITDA margin rose to 8.2% from 5.97%. The company secured new orders worth ₹800 crore during the year. These figures are from the FY25 annual report, which is the latest report we could register, and are in the consolidated statements. To support its EPC business the company bought a solar module manufacturing facility in Mehsana, Gujarat, which makes 540-watt mono PERC modules. It has also won a tender to produce 19,000 metric tonnes a year of green hydrogen under the government's SIGHT scheme, and it is working on battery energy storage. InSolare is run by its founders: Dr. Sunit Tyagi is Chairman and Managing Director, Dr. Hemanshu Bhatt is Executive Director and CTO, and Navashil Sharma is Executive Director and CEO. The board also has independent directors. We have not found a filed DRHP or a listing date for the company, so we do not comment on IPO timing. Unlisted shares of a company like this trade off-market between private parties. The indicative price on this page is ₹172 per share with a lot size of 500, which is not an exchange price and can differ from what a deal actually closes at.