- Is Vikram Solar listed?
- Vikram Solar is currently Unlisted. However, they have filed their preliminary paperwork and proposed to be listed via an IPO.
- Is Vikram Solar Share Good to Buy?
- Yes, Vikram Solar is currently at approximately Rs. 9000 Crore in the unlisted market and is expected to be a promising player with significant growth in the future.
- How to Buy Vikram Solar Unlisted Shares?
- To Buy Vikram Solar Unlisted Shares follow the given steps:
- Register on the InCred Money Platform.
- Complete your KYC verification.
- Go to the Vikram Solar Unlisted Shares page, select the desired quantity, and click Buy
- How to Sell Vikram Solar Unlisted Shares?
- We suggest that an investor should not invest in unlisted equities with a mindset of trading or selling it in a short period of time.
But we understand that there may be an event where you may want to liquidate your shares. In that case, you can drop us an email on connect@incredmoney.com with the following details:
- Name
- Registered email address with InCred Money
- PAN number
- Name of the company that you are looking to sell
- Quantum
- Your expected price
Once we receive your email, our team will reach out to you. We will then attempt to find a buyer for your units on a best-effort basis. Once we find a match for your price and quantity, we will notify you and initiate the transaction.
Steps once transaction is initiated:
- We will send you a deal sheet with all relevant details.
- You will need to transfer the units from your demat account to us. Our team will explain to you the steps for the same.
- After we receive the units, you will get a confirmation, and we will transfer the funds to your account.
- What is the lock-in Period for Vikram Solar Unlisted Shares?
- Like every other unlisted share, Vikram Solar's Unlisted share’s lock-in period is also 6 months from the date of purchase. The SEBI has reduced the lock-in period from 1 year to 6 months for unlisted shares. However, these shares can be freely transferred before listing with NSE/BSE.
- What is the Minimum Ticket Size for Investment in Vikram Solar Unlisted Shares?
- You can invest in Vikram Solar's unlisted shares with a minimum investment of 1 share.
- Is Buying Vikram Solar Unlisted Shares Legal in India?
- Yes, it is legal to trade in Unlisted Shares in India. Unlisted shares like Vikram Solar are traded under the guidelines of the SEBI and governed by them as well.
- Is Short-Term Capital Gain Tax Applicable on Vikram Solar Unlisted Shares?
- Profits from selling Vikram Solar’s unlisted shares within two years are considered Short-Term Capital Gains (STCG) and will be added to your total income for that financial year. The tax on these gains is determined by the income tax slab you fall under, meaning the rate will vary based on your overall income, including these profits, by Indian Income Tax laws. Investors should carefully account for these tax obligations when buying or selling unlisted shares, as they can have a substantial impact on overall returns.
- How Much LTCG Tax is Applicable to Vikram Solar's Unlisted Shares/Pre-IPO Shares?
- This term refers to the profits gained from holding Vikram Solar Unlisted Shares or Pre-IPO Shares for more than two years. Since July 2024, Long-Term Capital Gains (LTCG) on unlisted shares are subject to a 12.5% tax, with the indexation benefit eliminated following the 2024 budget. It is essential for both high-net-worth individuals and retail investors to understand LTCG in order to strategically plan their investment decisions.
- How Much Time Is Taken to Credit Vikram Solar Unlisted Shares to a Demat Account?
- As soon as you purchase the Vikram Solar unlisted shares and transfer the money to our company account the shares will be credited to your demat account within 24 hours.
- How to Trust InCred Money Before Buying Vikram Solar Unlisted Shares from Its Platform?
- InCred Money is a part of the InCred Group, offering an accessible investment platform with a dedicated team of experts available to guide you every step of the way. We offer highly competitive pricing with no hidden charges. You can start investing with as little as one share with InCred Money.
- How is The Valuation of Vikram Solar Unlisted Shares Calculated?
- The valuation of Vikram Solar’s unlisted shares is mainly driven by fundamental and comparative analysis, while market demand and supply also play a significant role. Our pricing is derived from a detailed examination of financial estimates and the company's transaction history. We establish benchmark valuations by analysing the current market trends and funding activities related to Vikram Solar’s unlisted shares. Additionally, we perform comprehensive risk assessments and consider all relevant factors to ensure well-informed and strategic decisions.
- How Much Return Can I Expect from Vikram Solar Unlisted Shares?
- The return value of shares depends on the fluctuating market conditions and the demand and supply of the Vikram Solar Unlisted Shares. However, the expected return on equity on these shares is 4.2% currently which is subject to change.
- Are Vikram Solar Unlisted Shares in Demat Form?
- Yes, Vikram Solar's Unlisted Shares are transferred in dematerialised form. Once the payment is received, the shares will appear in your Demat account.
- Where will the Vikram Solar Ltd Unlisted Shares/Pre-IPO Shares be Reflected?
- Once you purchase the shares on our platform, they will be transferred to the DEMAT account that you have shared with us on a T+7 basis.
There are multiple places where you can check your stock:
- You can download the CDSL Myeasi app or NSDL Speede app where you can track all your demat holdings.
- The stock will show up once you login to your account on the InCred Money app/ website.
- Is Vikram Solar a Pre-IPO, Unlisted or Delisted Share?
- Vikram Solar Limited is an Unlisted Company. They offer trading pre-IPO shares. The company however has filed its papers for an IPO with SEBI.
- Can NRIs Buy Vikram Solar Unlisted Shares?
- Yes, NRIs can buy Vikram Solar Unlisted Shares. However, these shares are non-repatriable unless the NRI informs the RBI of their intention to buy repatriable shares. These shares must be acquired through an NRO Non-PIS account.
- Where Can I Sell Vikram Solar Ltd.’s Unlisted Shares?
- We will confirm the purchase price for Vikram Solar's unlisted shares with you. Once agreed, we will provide you with a client master report, after which you can transfer the shares, you wish to sell to our Demat account.
Upon receiving the shares, we will request your bank details so we can process the payment. The payment will be transferred to the bank account linked to your Demat account. If this is not possible, you will need to provide a cancelled cheque for identity verification. Please note that third-party transfers are strictly prohibited, as they violate SEBI guidelines. Payments will be made via RTGS, NEFT, cheque transfer, or IMPS; cash deposits are not permitted.
