₹49.43 Crores | Listing at BSE, NSE | Mon, Dec 1, 2025 - Tue, Dec 9, 2025
Indowind Energy Limited Rights Issue comprises 3.22 Cr equity shares aggregating to ₹49.43 Cr, offered at an issue price of ₹15.35 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Nov 19, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 4.
The term of payment is defined as following : The entire amount payable on Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 17, 2025.
The Rights Issue opens on Dec 1, 2025, and closes on Dec 9, 2025, with renunciation of Rights Entitlements permitted up to Dec 4, 2025.
The deemed date of allotment is Dec 17, 2025, following which the equity shares are expected to be credited to demat accounts on Dec 19, 2025 and listed at the NSE and the BSE on Dec 26, 2025.
Mark Corporate Advisors Pvt.Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Indowind Energy Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Wed, Nov 19, 2025
Entitlement Ratio
1 : 4
Open Date
Mon, Dec 1, 2025
Close Date
Tue, Dec 9, 2025
The entire amount payable on Application.
Indowind Energy Limited's revenue decreased by 13% and profit after tax (PAT) dropped by 83% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 305.40 | 282.37 | 313.28 |
| Total Income | 35.81 | 40.95 | 34.86 |
| Profit After Tax | 1.27 | 7.27 | -19.26 |
| Amount in ₹ Crore | |||
Incorporated in 1995, Indowind Energy Limited is an Independent Power Producer that owns, operates and maintains windmills. They have dedicated Wind farms where they also offer allied services in the Wind Energy sector.
The company can generate 49.645 MW of wind energy using 123 windmills in Tamil Nadu and Karnataka.
Indowind aspires to become a global player in the wind energy sector with its dedication and continuous growth. The company has impeccable capabilities in setting up, Operating, and Maintaining Wind farms backed by optimum machine availability. The company's customer base largely consists of Corporates and EBs, and they serve them with their over a decade of domain and technology knowledge to provide end-to-end solutions and services.
The Company intends to utilize the Net Proceeds from this Issue towards the following objects:
[Dilip Davda] This is the 3rd RI from the company since January 2023. Last RI was in the month of July 2024. It marks hat trick with current RI. The company posted inconsistency in its top and bottom lines for the reported periods. The RI appears to have been aggressively priced, considering its recent financial data. There is no harm in skipping this pricey and dicey RI, however, investors may sell the RI eligibility numbers and apply in the RI to book some profits while switching. Read detail review...
Indowind Energy Limited Rights Issue 2025 got oversubscribed by 1.04 times by the end of the bidding period with total bid quantity received by BSE and NSE of 3,34,94,890 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Dec 09 2025 17:00:00 | 56,14,009 | 2,78,80,881 | 3,34,94,890 | 1.04x |
Indowind Energy Limited
4th Floor, Kothari Building
114, Mahatma Gandhi Road,
Nungambakkam
Chennai, 600034
The Indowind Energy Limited Rights Issue 2025 opens on Mon, Dec 1, 2025, and closes on Tue, Dec 9, 2025.
Indowind Energy Limited Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Mon, Nov 24, 2025 |
| Last Date for renunciation of Rights Entitlements | Thu, Dec 4, 2025 |
| Issue Opening Date | Mon, Dec 1, 2025 |
| Issue Closing Date | Tue, Dec 9, 2025 |
| Date of Allotment (on or about) | Wed, Dec 17, 2025 |
| Date of Credit (on or about) | Fri, Dec 19, 2025 |
| Date of Listing (on or about) | Fri, Dec 26, 2025 |
You can apply for Indowind Energy Limited Rights Issue 2025 in two ways:
Steps to apply for Indowind Energy Limited Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Indowind Energy Limited Rights Issue 2025 using Registrar's website (R-WAP)
