Inox Green Enrgy Ser
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Vibhav Energy, a wholly owned subsidiary of Inox Green Energy Services, executed a business transfer agreement with Wind World (India) for the acquisition of its operation and maintenance business. Vibhav paid the full ₹550 crore purchase consideration on 6 October, although the transfer remained subject to conditions precedent under the agreement. Inox Green funded ₹450 crore through a ₹250 crore equity subscription and a ₹200 crore inter-corporate deposit, while Authum Investment & Infrastructure provided the remaining ₹100 crore as an inter-corporate deposit. The broader group portfolio included about 6.5GW of acquired wind O&M assets, including roughly 4.5GW associated with Wind World. Inox Green's total renewable O&M portfolio stood at about 13.3GW as of June 2026, compared with 5.1GW in March 2025.
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Vibhav Energy, a wholly owned subsidiary of Inox Green Energy Services, executed a business transfer agreement with Wind World (India) for the acquisition of its operation and maintenance business. Vibhav paid the full ₹550 crore purchase consideration on 6 October, although the transfer remained subject to conditions precedent under the agreement. Inox Green funded ₹450 crore through a ₹250 crore equity subscription and a ₹200 crore inter-corporate deposit, while Authum Investment & Infrastructure provided the remaining ₹100 crore as an inter-corporate deposit. The broader group portfolio included about 6.5GW of acquired wind O&M assets, including roughly 4.5GW associated with Wind World. Inox Green's total renewable O&M portfolio stood at about 13.3GW as of June 2026, compared with 5.1GW in March 2025.
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Oct 7 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
UNIT EXECUTES BUSINESS TRANSFER AGREEMENT WITH WIND WORLD (INDIA) FOR O&M BUSINESS
UNIT PAYS 5.50 BILLION RUPEES FOR ACQUISITION
Source text: ID:nBSE9xx3C
Further company coverage: INOG.NS
(([email protected];;))
Oct 7 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
UNIT EXECUTES BUSINESS TRANSFER AGREEMENT WITH WIND WORLD (INDIA) FOR O&M BUSINESS
UNIT PAYS 5.50 BILLION RUPEES FOR ACQUISITION
Source text: ID:nBSE9xx3C
Further company coverage: INOG.NS
(([email protected];;))
Inox Green Energy Services closed its qualified institutions placement on 29 September 2026, allotting 1,81,10,473 equity shares at Rs 165.65 per share. The price was set at a 5% discount to the Rs 174.36 floor fixed when the issue opened on 24 September 2026, with the operations committee approving closure after receipt of application forms and funds in escrow. The allotment raised about Rs 300 crore and followed board approval on 22 July 2026 and shareholder approval on 13 August 2026. It was the company's first primary equity raise since a Rs 1,050 crore preferential share and warrant issue in fiscal 2025. The company, a renewable operations and maintenance services provider, reported total income of Rs 426 crore in fiscal 2026 and managed about 13.3 GWp of wind and solar capacity as of June 2026.
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Inox Green Energy Services closed its qualified institutions placement on 29 September 2026, allotting 1,81,10,473 equity shares at Rs 165.65 per share. The price was set at a 5% discount to the Rs 174.36 floor fixed when the issue opened on 24 September 2026, with the operations committee approving closure after receipt of application forms and funds in escrow. The allotment raised about Rs 300 crore and followed board approval on 22 July 2026 and shareholder approval on 13 August 2026. It was the company's first primary equity raise since a Rs 1,050 crore preferential share and warrant issue in fiscal 2025. The company, a renewable operations and maintenance services provider, reported total income of Rs 426 crore in fiscal 2026 and managed about 13.3 GWp of wind and solar capacity as of June 2026.
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Around 60 bln rupees of proceeds earmarked for debt repayment
New share issue of 80 bln rupees, top shareholder offloading shares worth 20 bln rupees
The INOXGFL group firm has 9.29 GW project portfolio
Recasts throughout with details from filing and background
By Gnaneshwar Rajan and Mrinmay Dey
Sept 29 (Reuters) - Inox Clean Energy has filed for an initial public offering worth up to 100 billion rupees ($1.04 billion), draft papers showed on Tuesday, as it looks to ride investor enthusiasm for India's clean-energy growth.
The renewable energy company is the latest to pursue an IPO this year, betting on India's drive to expand non-fossil-fuel power capacity to 500 gigawatts by 2030 and a revival in primary market activity after a slow start to the year.
Clean Max CLEM.NS and Juniper Green Energy JUNP.NS have already listed in 2026, while Brookfield-backed Avaada Electro, Sembcorp's India unit and SAEL Industries are preparing IPOs.
Inox Clean Energy plans to sell new shares worth about 80 billion rupees, while top shareholder and non-executive director Devansh Jain is looking to offload shares worth up to 20 billion rupees, the filing showed.
The firm, part of the INOXGFL conglomerate, builds and runs solar and wind power plants in India and Africa, with 2.37 GW currently operating out of a 9.29 GW pipeline of projects at various stages. It also manufactures solar panels in India and the US.
The company will use about 60 billion rupees of the proceeds to repay debt.
Inox Clean Energy had confidentially filed for an IPO with the country's markets regulator last year before withdrawing the issue.
It competes with power producers such as Adani Green Energy ADNA.NS, NTPC Green Energy NTPG.NS and ACME Solar ACMO.NS, as well as solar equipment makers Waaree Energies WAAN.NS and Premier Energies PEME.NS.
The INOXGFL group, which mainly focuses on renewable energy and chemicals, has three listed companies in India: Gujarat Fluorochemicals GUJL.NS, Inox Wind INWN.NS and Inox Green Energy Services INOG.NS.
Nuvama Wealth Management, HSBC, UBS, ICICI Securities, CLSA and Emirates NBD Capital are among those managing the IPO.
($1 = 95.9800 Indian rupees)
(Reporting by Gnaneshwar Rajan in Bengaluru and Mrinmay Dey in Mexico City; Editing by Shailesh Kuber and Shilpi Majumdar)
Around 60 bln rupees of proceeds earmarked for debt repayment
New share issue of 80 bln rupees, top shareholder offloading shares worth 20 bln rupees
The INOXGFL group firm has 9.29 GW project portfolio
Recasts throughout with details from filing and background
By Gnaneshwar Rajan and Mrinmay Dey
Sept 29 (Reuters) - Inox Clean Energy has filed for an initial public offering worth up to 100 billion rupees ($1.04 billion), draft papers showed on Tuesday, as it looks to ride investor enthusiasm for India's clean-energy growth.
The renewable energy company is the latest to pursue an IPO this year, betting on India's drive to expand non-fossil-fuel power capacity to 500 gigawatts by 2030 and a revival in primary market activity after a slow start to the year.
Clean Max CLEM.NS and Juniper Green Energy JUNP.NS have already listed in 2026, while Brookfield-backed Avaada Electro, Sembcorp's India unit and SAEL Industries are preparing IPOs.
Inox Clean Energy plans to sell new shares worth about 80 billion rupees, while top shareholder and non-executive director Devansh Jain is looking to offload shares worth up to 20 billion rupees, the filing showed.
The firm, part of the INOXGFL conglomerate, builds and runs solar and wind power plants in India and Africa, with 2.37 GW currently operating out of a 9.29 GW pipeline of projects at various stages. It also manufactures solar panels in India and the US.
The company will use about 60 billion rupees of the proceeds to repay debt.
Inox Clean Energy had confidentially filed for an IPO with the country's markets regulator last year before withdrawing the issue.
It competes with power producers such as Adani Green Energy ADNA.NS, NTPC Green Energy NTPG.NS and ACME Solar ACMO.NS, as well as solar equipment makers Waaree Energies WAAN.NS and Premier Energies PEME.NS.
The INOXGFL group, which mainly focuses on renewable energy and chemicals, has three listed companies in India: Gujarat Fluorochemicals GUJL.NS, Inox Wind INWN.NS and Inox Green Energy Services INOG.NS.
Nuvama Wealth Management, HSBC, UBS, ICICI Securities, CLSA and Emirates NBD Capital are among those managing the IPO.
($1 = 95.9800 Indian rupees)
(Reporting by Gnaneshwar Rajan in Bengaluru and Mrinmay Dey in Mexico City; Editing by Shailesh Kuber and Shilpi Majumdar)
Inox Green Energy Services opened its qualified institutions placement on 24 September 2026, setting a floor price of Rs174.36 per share and fixing the same date as the relevant date for the offer. The board had approved the issue on 22 July and shareholders had cleared it on 13 August, with up to a 5% discount permitted and the final price to be set with the book running lead manager. The launch followed a Rs1,050 crore preferential issue of shares and warrants in FY25, with 40.15 crore shares outstanding and promoter holding of 56.12%. Total income was Rs426 crore in FY26 on an operations portfolio of about 13.3 GWp as of June 2026. The trading window for designated persons stayed shut from 24 September until 48 hours after the issue price was set.
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Inox Green Energy Services opened its qualified institutions placement on 24 September 2026, setting a floor price of Rs174.36 per share and fixing the same date as the relevant date for the offer. The board had approved the issue on 22 July and shareholders had cleared it on 13 August, with up to a 5% discount permitted and the final price to be set with the book running lead manager. The launch followed a Rs1,050 crore preferential issue of shares and warrants in FY25, with 40.15 crore shares outstanding and promoter holding of 56.12%. Total income was Rs426 crore in FY26 on an operations portfolio of about 13.3 GWp as of June 2026. The trading window for designated persons stayed shut from 24 September until 48 hours after the issue price was set.
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Inox Green Energy Services' board on Tuesday approved a plan to raise up to ₹600 crore through equity shares, convertible debentures, or other eligible securities. The fundraising includes a base issue of up to ₹400 crore with a green shoe option of an additional ₹200 crore. The company will seek shareholder approval at an extraordinary general meeting and has authorised its operations committee to finalise the terms, structure, and mode of issuance, which may include a qualified institutions placement, preferential allotment, or private placement.
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Inox Green Energy Services' board on Tuesday approved a plan to raise up to ₹600 crore through equity shares, convertible debentures, or other eligible securities. The fundraising includes a base issue of up to ₹400 crore with a green shoe option of an additional ₹200 crore. The company will seek shareholder approval at an extraordinary general meeting and has authorised its operations committee to finalise the terms, structure, and mode of issuance, which may include a qualified institutions placement, preferential allotment, or private placement.
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July 17 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - TO CONSIDER FUND RAISING
Source text: ID:nnAZN4T8HIJ
Further company coverage: INOG.NS
(([email protected];))
July 17 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - TO CONSIDER FUND RAISING
Source text: ID:nnAZN4T8HIJ
Further company coverage: INOG.NS
(([email protected];))
Feb 19 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX NEO, AUTHUM INVESTMENT CONSORTIUM SUCCESSFUL RESOLUTION APPLICANT
CONSORTIUM SUCCESSFUL RESOLUTION APPLICANT FOR ACQUISITION OF WIND WORLD
Source text: ID:nBSE6syg5j
Further company coverage: INOG.NS
(([email protected];;))
Feb 19 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX NEO, AUTHUM INVESTMENT CONSORTIUM SUCCESSFUL RESOLUTION APPLICANT
CONSORTIUM SUCCESSFUL RESOLUTION APPLICANT FOR ACQUISITION OF WIND WORLD
Source text: ID:nBSE6syg5j
Further company coverage: INOG.NS
(([email protected];;))
Jan 20 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES LTD - ENTERS AGREEMENT WITH KEC FOR 625 MWP SOLAR PROJECT
Source text: ID:nBSE4ny0pP
Further company coverage: INOG.NS
(([email protected];))
Jan 20 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES LTD - ENTERS AGREEMENT WITH KEC FOR 625 MWP SOLAR PROJECT
Source text: ID:nBSE4ny0pP
Further company coverage: INOG.NS
(([email protected];))
** Shares of Inox Green Energy Services INOG.NS up as much as 3.8% to 262.7 rupees
** Wind power operator's Q2 consol profit rises over four-times Y/Y, aided by a demand boost for its operations & maintenance services; rev up 55.6%
** Stock up 47% YTD
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Inox Green Energy Services INOG.NS up as much as 3.8% to 262.7 rupees
** Wind power operator's Q2 consol profit rises over four-times Y/Y, aided by a demand boost for its operations & maintenance services; rev up 55.6%
** Stock up 47% YTD
(Reporting by Aleef Jahan in Bengaluru)
Aug 12 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
SIGNS AGREEMENT FOR COMPREHENSIVE O&M OF 182 MW OF WIND PROJECTS
Source text: ID:nBSEbjpxGy
Further company coverage: INOG.NS
(([email protected];;))
Aug 12 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
SIGNS AGREEMENT FOR COMPREHENSIVE O&M OF 182 MW OF WIND PROJECTS
Source text: ID:nBSEbjpxGy
Further company coverage: INOG.NS
(([email protected];;))
July 11 (Reuters) - India's Inox Clean Energy has filed draft papers with the country's markets regulator via the confidential route, a newspaper advertisement showed on Friday.
(Reporting by Yagnoseni Das in Bengaluru; Editing by Janane Venkatraman)
(([email protected];))
July 11 (Reuters) - India's Inox Clean Energy has filed draft papers with the country's markets regulator via the confidential route, a newspaper advertisement showed on Friday.
(Reporting by Yagnoseni Das in Bengaluru; Editing by Janane Venkatraman)
(([email protected];))
June 18 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
PROMOTER GROUP SHAREHOLDING STANDS INCREASED TO 55.97%
Source text: ID:nBSE3gdfL3
Further company coverage: INOG.NS
(([email protected];;))
June 18 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
PROMOTER GROUP SHAREHOLDING STANDS INCREASED TO 55.97%
Source text: ID:nBSE3gdfL3
Further company coverage: INOG.NS
(([email protected];;))
May 19 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
SIGNS AGREEMENTS FOR 285 MWP SOLAR O&M PROJECTS
Source text: ID:nBSE5DVlRM
Further company coverage: INOG.NS
(([email protected];;))
May 19 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
SIGNS AGREEMENTS FOR 285 MWP SOLAR O&M PROJECTS
Source text: ID:nBSE5DVlRM
Further company coverage: INOG.NS
(([email protected];;))
April 30 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES LTD - SIGNS AGREEMENT FOR O&M OF 675 MWP OF SOLAR PROJECTS
INOX GREEN ENERGY SERVICES - AGREEMENT MARKS INOX GREEN'S ENTRY INTO SOLAR O&M SEGMENT
Source text: ID:nBSE4QzZ6Z
Further company coverage: INOG.NS
(([email protected];))
April 30 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES LTD - SIGNS AGREEMENT FOR O&M OF 675 MWP OF SOLAR PROJECTS
INOX GREEN ENERGY SERVICES - AGREEMENT MARKS INOX GREEN'S ENTRY INTO SOLAR O&M SEGMENT
Source text: ID:nBSE4QzZ6Z
Further company coverage: INOG.NS
(([email protected];))
Dec 6 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - SALE OF 2 WHOLLY OWNED SUBSIDIARIES OF COMPANY TO ALIENTO WIND ENERGY
Source text: ID:nBSE54vxL2
Further company coverage: INOG.NS
(([email protected];))
Dec 6 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - SALE OF 2 WHOLLY OWNED SUBSIDIARIES OF COMPANY TO ALIENTO WIND ENERGY
Source text: ID:nBSE54vxL2
Further company coverage: INOG.NS
(([email protected];))
** Shares of Inox Green Energy Services INOG.NS jump 14.86% to 170.35 rupees
** Wind turbine operation and maintenance provider sells entire stake in Aliento Wind Energy (AWEPL) to Nani Virani Wind Energy
** Co to sell paid-up equity in AWEPL of 100,000 shares for 1 rupee each
** As of Nov. 30, AWEPL is no longer a subsidiary of INOG
** Co says AWEPL has not generated any revenue yet
** INOG jumped as much as 17.27%, biggest pct jump since Jan. 3, 2024
** More than 6.4 mln shares changed hands as of 12:53 pm IST, 4.5x the 30-day avg
** Stock has gained 62.6% YTD
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of Inox Green Energy Services INOG.NS jump 14.86% to 170.35 rupees
** Wind turbine operation and maintenance provider sells entire stake in Aliento Wind Energy (AWEPL) to Nani Virani Wind Energy
** Co to sell paid-up equity in AWEPL of 100,000 shares for 1 rupee each
** As of Nov. 30, AWEPL is no longer a subsidiary of INOG
** Co says AWEPL has not generated any revenue yet
** INOG jumped as much as 17.27%, biggest pct jump since Jan. 3, 2024
** More than 6.4 mln shares changed hands as of 12:53 pm IST, 4.5x the 30-day avg
** Stock has gained 62.6% YTD
(Reporting by Ananta Agarwal in Bengaluru)
Nov 29 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - DIVESTMENT OF ENTIRE EQUITY STAKE HELD IN NANI VIRANI WIND
Further company coverage: INOG.NS
(([email protected];))
Nov 29 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - DIVESTMENT OF ENTIRE EQUITY STAKE HELD IN NANI VIRANI WIND
Further company coverage: INOG.NS
(([email protected];))
Nov 13 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - APPROVED SCHEME OF ARRANGEMENT BETWEEN CO AND RESCO GLOBAL WIND
INOX GREEN ENERGY SERVICES - SCHEME PROVIDES FOR DEMERGER OF POWER EVACUATION BUSINESS OF CO
Source text: ID:nBSE9V2Yby
Further company coverage: INOG.NS
(([email protected];))
Nov 13 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES - APPROVED SCHEME OF ARRANGEMENT BETWEEN CO AND RESCO GLOBAL WIND
INOX GREEN ENERGY SERVICES - SCHEME PROVIDES FOR DEMERGER OF POWER EVACUATION BUSINESS OF CO
Source text: ID:nBSE9V2Yby
Further company coverage: INOG.NS
(([email protected];))
June 26 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
TO RAISE FUNDS AGGREGATING UPTO 10.50 BILLION RUPEES
APPROVES FUND RAISE VIA ISSUE OF SHARES AND CONVERTIBLE WARRANTS
Source text for Eikon: ID:nBSE4X0z4h
Further company coverage: INOG.NS
(([email protected];))
June 26 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
TO RAISE FUNDS AGGREGATING UPTO 10.50 BILLION RUPEES
APPROVES FUND RAISE VIA ISSUE OF SHARES AND CONVERTIBLE WARRANTS
Source text for Eikon: ID:nBSE4X0z4h
Further company coverage: INOG.NS
(([email protected];))
March 19 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
I-FOX WINDTECHNIK RECEIVES LOA FROM NLC INDIA FOR RESTORATION OF 33 WTGS
LOA FOR SUPPLIES OF MATERIALS FOR RESTORATION, WITH REVENUE REALISATION OF 395 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INOG.NS
(([email protected];))
March 19 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
I-FOX WINDTECHNIK RECEIVES LOA FROM NLC INDIA FOR RESTORATION OF 33 WTGS
LOA FOR SUPPLIES OF MATERIALS FOR RESTORATION, WITH REVENUE REALISATION OF 395 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: INOG.NS
(([email protected];))
Oct 27 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
APPROVED DIVESTMENT OF 100% STAKE HELD IN UNIT NANI VIRANI WIND ENERGY
SALE CONSIDERATION AT 2.9 BILLION RUPEES
Source text for Eikon: ID:nBSE8KnjgB
Further company coverage: INOG.NS
(([email protected];))
Oct 27 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
APPROVED DIVESTMENT OF 100% STAKE HELD IN UNIT NANI VIRANI WIND ENERGY
SALE CONSIDERATION AT 2.9 BILLION RUPEES
Source text for Eikon: ID:nBSE8KnjgB
Further company coverage: INOG.NS
(([email protected];))
Oct 9 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES LTD- INOX GREEN SIGNS TERM SHEET TO DIVEST 100% STAKE IN NANI VIRANI
INOX GREEN ENERGY SERVICES LTD- DIVESTMENT WILL LEAD TO INOX GREEN BECOMING NET DEBT-FREE
Source text for Eikon: ID:nBSEb9cc9X
Further company coverage: INOG.NS
(([email protected];))
Oct 9 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
INOX GREEN ENERGY SERVICES LTD- INOX GREEN SIGNS TERM SHEET TO DIVEST 100% STAKE IN NANI VIRANI
INOX GREEN ENERGY SERVICES LTD- DIVESTMENT WILL LEAD TO INOX GREEN BECOMING NET DEBT-FREE
Source text for Eikon: ID:nBSEb9cc9X
Further company coverage: INOG.NS
(([email protected];))
Sept 22 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
COMPANY ACQUIRING MAJORITY STAKE OF 51% IN RESOWI ENERGY
Source text for Eikon: ID:nBSE8H1f3r
Further company coverage: INOG.NS
(([email protected];))
Sept 22 (Reuters) - Inox Green Energy Services Ltd INOG.NS:
COMPANY ACQUIRING MAJORITY STAKE OF 51% IN RESOWI ENERGY
Source text for Eikon: ID:nBSE8H1f3r
Further company coverage: INOG.NS
(([email protected];))
** Shares of Inox Green Energy Services INOG.NS up as much as 3.7% to 69.35 rupees
** Wind power operation and maintenance (O&M) service provider said its unit received an order from NLC India NLCI.NS
** Contract for O&M, including power evacuation system, with a revenue realisation of ~400 mln rupees ($4.8 mln)
** INOG on track to rise for second straight session, if gains hold
** Over 1.2 mln shares change hands by 10:44 a.m. IST, 0.3x the 30-day moving avg
** As of last close, stock up ~40% so far this year
($1 = 83.0950 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Inox Green Energy Services INOG.NS up as much as 3.7% to 69.35 rupees
** Wind power operation and maintenance (O&M) service provider said its unit received an order from NLC India NLCI.NS
** Contract for O&M, including power evacuation system, with a revenue realisation of ~400 mln rupees ($4.8 mln)
** INOG on track to rise for second straight session, if gains hold
** Over 1.2 mln shares change hands by 10:44 a.m. IST, 0.3x the 30-day moving avg
** As of last close, stock up ~40% so far this year
($1 = 83.0950 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
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Popular questions
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What does Inox Green Enrgy Ser do?
Inox Green Energy Services Limited provides long-term O&M services for wind farm projects, supporting the evacuation of power from wind turbine generators. As a subsidiary of IWL, it benefits from synergies in the wind power sector.
Who are the competitors of Inox Green Enrgy Ser?
Inox Green Enrgy Ser major competitors are Inox Wind, Suzlon Energy, KPI Green Energy, Sterling and Wilson, Praj Industries, Pitti Engineering, Ideaforge Technology. Market Cap of Inox Green Enrgy Ser is ₹4,278 Crs. While the median market cap of its peers are ₹4,436 Crs.
Is Inox Green Enrgy Ser financially stable compared to its competitors?
Inox Green Enrgy Ser seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Inox Green Enrgy Ser pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Inox Green Enrgy Ser latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Inox Green Enrgy Ser allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Inox Green Enrgy Ser balance sheet?
Balance sheet of Inox Green Enrgy Ser is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Inox Green Enrgy Ser improving?
Yes, profit is increasing. The profit of Inox Green Enrgy Ser is ₹122 Crs for TTM, ₹102 Crs for Mar 2026 and ₹19.8 Crs for Mar 2025.
Is the debt of Inox Green Enrgy Ser increasing or decreasing?
The net debt of Inox Green Enrgy Ser is decreasing. Latest net debt of Inox Green Enrgy Ser is -₹920.89 Crs as of Mar-26. This is less than Mar-25 when it was ₹90.58 Crs.
Is Inox Green Enrgy Ser stock expensive?
Inox Green Enrgy Ser is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Inox Green Enrgy Ser is 35.33, while 3 year average PE is 154. Also latest EV/EBITDA of Inox Green Enrgy Ser is 140 while 3yr average is 110.
Has the share price of Inox Green Enrgy Ser grown faster than its competition?
Inox Green Enrgy Ser has given better returns compared to its competitors. Inox Green Enrgy Ser has grown at ~25.04% over the last 3yrs while peers have grown at a median rate of 2.7%
Is the promoter bullish about Inox Green Enrgy Ser?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Inox Green Enrgy Ser is 53.7% and last quarter promoter holding is 56.12%. Please check if dilutions happened via QIP/ Offerings etc.
Are mutual funds buying/selling Inox Green Enrgy Ser?
The mutual fund holding of Inox Green Enrgy Ser is increasing. The current mutual fund holding in Inox Green Enrgy Ser is 1.69% while previous quarter holding is 1.61%.