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UNLISTED COMPANY PROFILE

INOX RENEWABLE SOLUTIONS LIMITED

ENERGY LINE
INDICATIVE PRICE / SHARE
₹575
▲ +0.0% · 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 2025

PRICE HISTORY.

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

₹575
₹575
12 Sept 2523 Jul 2602 Sept 26

ALL-TIME LOW
₹575
ALL-TIME HIGH
₹575
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
₹9,312 Cr
Latest available company data
Min. investment
₹11,500
Indicative price × lot size
Lot size
20
P/B ratio
9.85
EPS
1.12
ROE
1.93%
Book value
₹58.35
Face value
₹10
Debt / equity
0.79
ISIN
INE0CJZ01014
Company security identifier
THE BUSINESS · HOW IT EARNS

Inox Renewable Solutions Limited provides engineering, procurement and commissioning services for wind-turbine-generator projects. Its stated activities span assessment of wind resources, land sourcing and acquisition, infrastructure development, engineering and construction, and installation, pre-commissioning and commissioning of wind turbine generators. The company says it uses mesoscale mapping and wind-mast monitoring to identify and assess potential wind-farm locations. Before construction, it evaluates the availability of evacuation infrastructure, land, site access and logistics needs. For project execution it develops associated foundations, roads, pathways, pavements, platforms and substations to connect wind farms to the grid. It also supports customers with statutory approvals to install and operate wind farms, discusses PPAs or WBAs with state distribution companies, and provides post-commissioning assistance relating to renewable-energy certificates, generation-based incentives and clean-development benefits.

About this company

Inox Renewable Solutions Limited (IRSL) is a wholly owned subsidiary of Inox Wind Limited and forms part of the larger INOXGFL Group, one of India's established industrial conglomerates with interests spanning fluorochemicals, wind energy, renewables and capital goods. Incorporated in December 2020 and registered with the Registrar of Companies in Ahmedabad, Gujarat, the company has positioned itself as a dedicated engineering, procurement and construction (EPC) and services arm for the group's wind and hybrid renewable energy ambitions. The company provides end-to-end turnkey solutions for wind and hybrid power projects across India. Its scope of work covers the full project lifecycle, including land and site acquisition, civil and electrical infrastructure development, power evacuation and transmission infrastructure, and project commissioning. Beyond construction, IRSL builds out adjacent revenue streams such as long-term operations and maintenance (O&M) services for wind assets, wind farm development, crane rental for turbine installation, and transformer manufacturing. This integrated model allows it to capture value across multiple stages of a renewable project rather than acting purely as a contractor. Within India's wind EPC landscape, IRSL is generally described as among the leading turnkey service providers, benefiting from the order pipeline and technical heritage of its parent, Inox Wind Limited. The company reports a paid-up capital aligned with roughly 16.19 crore equity shares of ₹10 face value each, and its commonly cited fundamentals include a book value of around ₹58 per share. Interest in IRSL in the unlisted market stems from its direct exposure to India's wind and hybrid renewable energy build-out, its backing by a well-known listed parent and group, and periodic corporate activity such as reported stake sales that have established external valuation benchmarks. As a privately held, actively quoted pre-listing company, it attracts investors seeking access to the renewable EPC theme before any potential public listing. No DRHP has been filed to date, and all price data is indicative market information only, not a recommendation.

COMPANY AT A GLANCE
Sector lineEnergy
SettlementNSDL / CDSL
Incorporated2020
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
U40106GJ2020PLC112187
PAN
AAKCR0349E
Incorporated
2020
Outstanding shares
16,19,41,256 (161,941,256 equity shares)
Registered office
301, ABS Tower, Old Padra Road, Vadodara, Gujarat 390007, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY25
PAT1,814
EPS (₹)1
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

Nitesh Kumar
Whole-Time Director
Mukesh Rajnarayan Manglik
Director
Venkatesh Sonti
Director
Sanjeev Jain
Additional Director
Bindu Saxena
Director
Shivam Tandon
Chief Financial Officer
Heera Lal
Company Secretary
COMPANY TIMELINE · EVENTS
The company changed its name from Resco Global Wind Services Limited to Inox Renewable Solutions Limited. (4 Dec 2024)
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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 Renewable Solutions Limited listed on the stock exchange?+

No. As of 2 September 2026, Inox Renewable Solutions 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 Renewable Solutions Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Inox Renewable Solutions Limited is ₹575 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Inox Renewable Solutions Limited unlisted shares?+

The displayed unit count is 20 share(s); at the indicative price of about ₹575, the displayed amount is approximately ₹11,500. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Inox Renewable Solutions Limited?+

The recorded ISIN of Inox Renewable Solutions Limited is INE0CJZ01014. 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 Renewable Solutions 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.

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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.
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