Skip to main content
HOMEUNLISTED SHARESIPO CALENDARROAD TO IPOBLOGSPARTNER WITH US
MORE TO EXPLORE
OPEN DEMAT
ENQUIRE NOW
‹ ALL UNLISTED SHARES
Inox Clean Energy Limited logo
UNLISTED COMPANY PROFILE

INOX CLEAN ENERGY LIMITED

ENERGY LINE
INDICATIVE PRICE / SHARE
₹850
▲ +8.3% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
VIEW DATA METHOD →
REQUEST CURRENT DETAILS →
INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2025

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹850
₹495
16 Jul 2501 Jun 2602 Sept 26

ALL-TIME LOW
₹495
ALL-TIME HIGH
₹850
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹79,280 Cr
Indicative price × reported outstanding shares
Min. investment
₹12,750
Indicative price × lot size
Lot size
15
P/B ratio
164.41
EPS
0.3
ROE
5.62%
Book value
₹5.17
Face value
₹1
Debt / equity
0.72
ISIN
INE0H7K01023
Company security identifier

About this company

Inox Clean Energy Limited, formerly known as Nani Virani Wind Energy, is the renewable energy platform of the INOXGFL Group, one of India's established industrial conglomerates with interests spanning fluorochemicals, wind turbines and gases. Incorporated in Gujarat in 2017 and headquartered in Vadodara, the company has positioned itself as an integrated clean energy player operating across two broad areas: renewable power generation and solar manufacturing. On the generation side, the company develops, owns and operates wind and solar power assets, largely through its subsidiary structure that includes INOX Neo Energies. It reports operational capacity of around 157 MW, combining wind and ground-mounted solar, alongside several hundred megawatts under construction and a multi-gigawatt development pipeline aimed at scaling its portfolio over the coming years. The manufacturing arm, anchored by INOX Solar, is building large-scale solar cell and module production capacity. This vertical-integration strategy is intended to support both the group's own project requirements and external demand, aligning the business with India's broader push toward domestic solar supply chains and energy transition targets. Inox Clean Energy draws attention in the unlisted market for several reasons. It carries the backing and operating heritage of the INOXGFL Group, whose other entities are already publicly traded, giving the company recognisable promoter lineage. The renewable energy theme it operates in is a focus area of national policy and long-term infrastructure spending. The company has also signalled capital-market intent, having filed a confidential draft prospectus with SEBI in 2025 for a sizeable public issue. With a face value of ₹1 per share and a substantial outstanding share count, its equity changes hands in the private market through over-the-counter transactions while it remains pre-listing. These factors combine to make it one of the more closely tracked names among unlisted renewable energy businesses, though its indicative price reflects private, negotiated transactions rather than an exchange-determined quote.

COMPANY AT A GLANCE
Sector lineEnergy
SettlementNSDL / CDSL
Incorporated2017
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U40300GJ2017PLC099852
PAN
AAFCN8456P
Incorporated
2017
Outstanding shares
932,710,646
Registered office
301, ABS Tower, Old Padra Road, Vadodara 390 007, Gujarat, India
GET COMPANY UPDATES
Leave your email — our desk keeps you posted on this company.
THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY23FY24FY25
REVENUE3902,4408,190
PAT-1,560-8302,670
EPS (₹)-7-40
PAT MARGIN-400%-34%33%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Devansh Jain
Executive Director
Vivek Jain
Director
Siddharth Jain
Director
Shailendra Tandon
Director
Mathusudhana S K
Whole Time Director & CEO
Akhil Jindal
Chief Financial Officer
COMPANY TIMELINE · EVENTS
Signed an agreement to acquire Vena Energy India's renewable-energy platform. (4 Jun 2026)
READ THE NOTICE →
ENQUIRE NOW →
NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Inox Clean Energy Limited listed on the stock exchange?+

No. As of 2 September 2026, Inox Clean Energy Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Inox Clean Energy Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Inox Clean Energy Limited is ₹850 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Inox Clean Energy Limited unlisted shares?+

The displayed unit count is 15 share(s); at the indicative price of about ₹850, the displayed amount is approximately ₹12,750. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Inox Clean Energy Limited?+

The recorded ISIN of Inox Clean Energy Limited is INE0H7K01023. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Inox Clean Energy Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
ENERGY LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
© 2026 BUYUNLISTEDSHARES · A BRAND OF GAYATRI FINANCIAL SYNERGY · SINCE 2002 · ‹ BACK TO HOME
TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —