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UNLISTED COMPANY PROFILE

INOX LEASING AND FINANCE LTD. (ILFL)

HOLDING COMPANY LINE
INDICATIVE PRICE / SHARE
₹21,500
▲ +3.6% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2024

PRICE HISTORY.

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

₹21,750
₹14,250
19 Dec 2430 Apr 2602 Sept 26

ALL-TIME LOW
₹14,250
ALL-TIME HIGH
₹21,750
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.

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Market cap
₹16,335 Cr
Latest available company data
Min. investment
₹21,500
Indicative price × lot size
Lot size
1
P/E ratio
22.42
P/B ratio
1.57
EPS
958.84
ROE
7.03%
Book value
₹13679.63
Face value
₹10
Debt / equity
0.2
ISIN
INE608E01014
Company security identifier
THE BUSINESS · HOW IT EARNS

Inox Leasing and Finance Limited is a non-deposit-taking non-banking financial company registered with the Reserve Bank of India. Its FY2024-25 annual report classifies it as an NBFC-Investment and Credit Company and says that it is primarily engaged in providing loans and making investments within group companies, without a customer interface. Its standalone accounts also describe financial services involving investments in shares, bonds and mutual-fund units, and brokerage income from mutual-fund investments. In addition to those financial activities, the accounts state that the company generates wind energy for distribution and identify both NBFC activities and a power-generation segment. The company is the holding company of Gujarat Fluorochemicals Limited, Inox Wind Limited and Inox Holdings and Investments Limited as of the report’s period. Its operating model therefore combines intragroup lending and investment holdings with income from investments, brokerage and wind-energy generation, subject to RBI regulation applicable to a non-deposit-taking NBFC.

About this company

Inox Leasing and Finance Limited (ILFL) is an unlisted Indian company incorporated in 1995 and registered with the Reserve Bank of India as a non-banking financial company (NBFC). While its NBFC licence covers financing and investment activity, its defining role today is that of a promoter holding company for the INOXGFL Group, one of India's established diversified business houses associated with the Jain family. The group's heritage spans fluoropolymers and specialty chemicals, wind energy, and other industrial interests. ILFL's principal asset is a substantial promoter stake in Gujarat Fluorochemicals Limited (GFL), a listed manufacturer of fluoropolymers, fluorspecialties and chemicals. Through this and related holdings, ILFL functions as an upstream investment vehicle that consolidates the promoter family's interests across the group's listed and unlisted entities, including exposure to the group's wind-energy businesses. The company also reports income from investments in shares, bonds and mutual fund units, brokerage on mutual fund distribution, and a small directly held wind-power operation acquired in 2023. Because its book value is largely driven by the market value of its underlying group holdings, ILFL is often viewed in the unlisted market as a holding-company proxy for the INOXGFL franchise. This is the main reason it draws interest from unlisted-share participants, alongside its long operating history, healthy reported net worth and dividend record. A notable corporate development is a Composite Scheme of Arrangement approved by the boards of the relevant group entities in December 2024 (appointed date 1 January 2025), which provides for the demerger of ILFL's wind business into Inox Holdings and Investments Limited and the subsequent merger of the remaining ILFL into Gujarat Fluorochemicals Limited. As publicly reported, this scheme remained subject to regulatory and NCLT approvals, and ILFL shares continued to be quoted in the unlisted market. The company's registered office is associated with Una, Himachal Pradesh. All figures and prices here are indicative market data, not investment advice.

COMPANY AT A GLANCE
Sector lineHolding Company
SettlementNSDL / CDSL
Incorporated1995
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
U65910HP1995PLC011680
PAN
AAACI1954L
Incorporated
1995
Outstanding shares
9,900,050 equity shares (approx 0.99 crore)
Registered office
Plot No. 1, Khasra Nos. 264 to 267, Industrial Area, Una, Village Basal - 174303, Himachal Pradesh
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY23FY24FY25
REVENUE6,52,8945,87,8418,41,127
PAT57,99039,72194,926
EPS (₹)586401959
PAT MARGIN9%7%11%
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

Mr. D. K. Jain
Chairman
Mr. V. K. Jain
Director
COMPANY TIMELINE · EVENTS
Board revises appointed date of the composite scheme to 1 April 2025 (December 2024)

At its board meeting on this date, ILFL's Board revised the Appointed Date of the Composite Scheme of Arrangement (demerger of the wind business into Inox Holdings and Investments Ltd, followed by amalgamation of ILFL into Gujarat Fluorochemicals Ltd) to 1 April 2025, from the earlier appointed date of 1 January 2025. The Scheme remained subject to approval from shareholders, creditors and regulators (BSE, NSE, SEBI, RBI, NCLT).

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Inox Holdings and Investments incorporated for the demerged wind business (November 2024)

Inox Holdings and Investments Limited (IHIL), a wholly-owned subsidiary of ILFL, was incorporated to take over ILFL's demerged wind business under the Composite Scheme of Arrangement.

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NCLT sanctions the Inox Wind Energy reverse merger (May 2025)

NCLT Chandigarh Bench sanctioned the merger of Inox Wind Energy Limited (IWEL, a subsidiary of ILFL) into Inox Wind Limited (IWL) via a reverse merger, effective from the appointed date 1 July 2023; IWL issued 43,29,20,850 equity shares to ILFL, making IWL a direct subsidiary of ILFL and IWEL ceasing to exist.

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THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Inox Leasing and Finance Ltd. (ILFL) listed on the stock exchange?+

No. As of 2 September 2026, Inox Leasing and Finance Ltd. (ILFL) 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 Leasing and Finance Ltd. (ILFL) unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Inox Leasing and Finance Ltd. (ILFL) is ₹21,500 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Inox Leasing and Finance Ltd. (ILFL) unlisted shares?+

The displayed unit count is 1 share(s); at the indicative price of about ₹21,500, the displayed amount is approximately ₹21,500. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Inox Leasing and Finance Ltd. (ILFL)?+

The recorded ISIN of Inox Leasing and Finance Ltd. (ILFL) is INE608E01014. 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 Leasing and Finance Ltd. (ILFL) 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
HOLDING COMPANY 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.
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