Inox Wind Rights Issue Dates, Price, Allotment, Entitlement

Inox Wind Rights Issue dates 6 – 20 August 2025.

Inox Wind, a key entity of the Inox Group, is one of India’s leading wind energy solutions providers and manufacturers of Wind Turbine Generators (WTGs). The company operates across three core segments: Manufacturing, EPC, and Operations & Maintenance (O&M). With exclusive licenses and agreements across multiple turbine technologies, IWL offers a diversified product portfolio including 2MW and 3MW WTGs currently in production, and a 4MW platform under license, with a commercial launch of the 4. X MW WTG platform in the pipeline.

Inox Wind is a fully integrated player offering turnkey solutions, including wind resource assessment, site acquisition, infrastructure development, turbine installation, and post-commissioning O&M services. The company’s O&M arm, Inox Green Energy Services (IGESL), retains long-term service contracts for all installed projects. Inox Wind operates four manufacturing facilities across Gujarat and Madhya Pradesh, with an annual capacity of 1.5 GW.

As of 31 March 2025, the order book of Inox Wind stands at approximately 3.2 GW, offering strong revenue visibility over the next 2–3 years. The company’s order book is well-diversified, comprising esteemed clients such as NTPC, CESC, NLC India, Hero Future Energies, Inox Clean Energy, Continuum, Integrum, and Amplus.

Promoters of Inox Wind – Inox Leasing and Finance Limited

Inox Wind Rights Issue Details

Inox Wind Rights Issue Date	6 – 20 August 2025
Inox Wind Rights Issue Price	INR 120 per share
Issue Size (in Shares)	10,41,10,712 shares
Issue Size (in INR)	INR 1,249.33 crore
Issue Entitlement	5 equity shares for every 78 equity shares held on the record date
Terms of Payment	Fully payable at the time of application
Inox Wind Rights Issue Record Date	29 July 2025
Face Value	INR 10 per share
Listing On	BSE, NSE

Inox Wind Rights Issue Calculation

Inox Wind Rights Issue Price	INR 120 per share
Market Price on Rights Issue Approval	INR 165.60 per share
Dilution Factor (X)	1.06
Fair Value After Dilution at Prevailing Price	INR 162.85 per share

Inox Wind Financial Performance

	FY 2023	FY 2024	FY 2025
Revenue	733	1,773	3,557
Expenses	926	1,475	2,800
OPM (%)	(26.0)	15.0	21.0
Net Income	(712)	(53)	438
ROCE (%)	(7.0)	4.0	11.0

Inox Wind Rights Offer Objectives

The net proceeds from the offer are proposed to be used for

• Repayment/redemption of NCPRPS issued to the Promoter – INR 560 crore
• Prepayment and/ or repayment, in full or in part, of certain borrowings availed by the company – INR 159 crore
• Investment in IRSL for repayment/pre-payment, in full or in part, of certain borrowings availed by IRSL – INR 250 crore
• General corporate purposes – INR 273.7 crore

Inox Wind Rights Offer Documents

• Inox Wind Rights Issue Application Form
• Inox Wind Letter of Offer
• Board Meeting Outcome
• Inox Wind Draft Letter of Offer
• Rights Issue in 2024

Inox Wind Rights Issue Dates

Rights Issue Approval Date	23 July 2025
Rights Issue Record Date	29 July 2025
Credit of Rights Entitlement	30 July 2025
Rights Issue Opening Date	6 August 2025
Last Date for Market Renunciation	14 August 2025
Rights Issue Closing Date	20 August 2025
Finalization of Basis of Allotment	21 August 2025
Rights Allotment Date	21 August 2025
Credit Date	22 August 2025
Listing Date	25 August 2025

Inox Wind Rights Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

Inox Wind Contact Details

INOX WIND LIMITED
InoxGFL Towers, Plot No.17, Sector 16A,
Noida – 201301, Uttar Pradesh, India
Phone: +91 120-6149600
Email: [email protected]
Website: www.inoxwind.com

Inox Wind Rights Offer FAQs