Inox Wind Limited Rights Issue (Inox Wind Rights Issue) Detail

₹1,249.33 Crores | Listing at BSE, NSE | Wed, Aug 6, 2025 - Wed, Aug 20, 2025

Inox Wind Limited Logo

Inox Wind Limited Rights Issue comprises 10.41 Cr equity shares aggregating to ₹1,249.33 Cr, offered at an issue price of ₹120 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Jul 29, 2025, with the Rights Issue being offered in the entitlement ratio of 5 : 78.

The term of payment is defined as following : The entire issue price of Rs 120 per rights share is payable on the application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Aug 21, 2025.

The Rights Issue opens on Aug 6, 2025, and closes on Aug 20, 2025, with renunciation of Rights Entitlements permitted up to Aug 14, 2025.

The deemed date of allotment is Aug 21, 2025, following which the equity shares are expected to be credited to demat accounts on Aug 22, 2025 and listed at the NSE and the BSE on Aug 25, 2025.

MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Inox Wind Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Tue, Jul 29, 2025

Entitlement Ratio

5 : 78

Open Date

Wed, Aug 6, 2025

Close Date

Wed, Aug 20, 2025

Rights Issue Details

Rights Issue Timetable

Inox Wind Limited Financial Information (Restated Consolidated)

Inox Wind Limited's revenue increased by 105% and profit after tax (PAT) rose by 1009% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Revenue3,701.551,808.02
Profit After Tax437.63-48.16
Net Worth4,963.872,760.54
Reserves and Surplus3,422.622,417.38
Amount in ₹ Crore

About Inox Wind Limited

Inox Wind is a fully integrated wind energy solutions provider offering:

  • Manufacturing of Wind Turbine Generators (WTGs) — including key components like rotor blades, towers, hubs, and nacelles.
  • Turnkey wind farm development services , covering wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and long-term operations & maintenance (O&M) via subsidiaries IWISL and MSEIL
  • The company has 4 state of the art manufacturing facilities.

Objects of the Issue:

The Company proposes to utilize the Net Proceeds towards funding the following objects:

  1. Repayment / redemption of 0.01% non-convertible, non-cumulative, participating, redeemable preference shares (“NCPRPS”) issued to the Promoter
  2. Prepayment and/ or repayment, in full or in part, of certain borrowings availed by the Company
  3. Investment in Inox Renewable Solutions Limited (formerly Resco Global Wind Services Private Limited), one of the material subsidiary (“IRSL”), for repayment/pre-payment, in full or in part, of certain borrowings availed by IRSL
  4. General corporate purposes.

Rights Issue Review

[Dilip Davda] IWL is a fully integrated player in wind energy sector with related services. It merged a group company that helped it to post improved financial data. Based on its recent financial performance, the issue appears fully priced. The company has bright prospects ahead with rising renewal energy play. Following merger, it is heading for better synergy ahead. Well-informed investors may park moderate funds for long term. Read detail review...

Rights Issue Subscription Status

Inox Wind Rights Issue got oversubscribed by 2.14 times by the end of the bidding period with total bid quantity received by BSE and NSE of 22,27,88,438 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid QuantityNSE Bid Quantity Total Bid Quantity Subscription Times

Aug 20 2025 17:00:00

15,57,34,802

6,70,53,636

22,27,88,438

2.14x

Company Contact Information

Inox Wind Limited
Plot No. 1, Khasra No. 264 & 267,
Industrial Area, Village - Basal,
Una, 174303

Rights Issue Registrar

MUFG Intime India Pvt.Ltd.

Rights Issue FAQs

The Inox Wind Rights Issue opens on Wed, Aug 6, 2025, and closes on Wed, Aug 20, 2025.

Inox Wind Rights Issue Schedule

Last Date for credit of Rights EntitlementsWed, Jul 30, 2025
Last Date for renunciation of Rights EntitlementsThu, Aug 14, 2025
Issue Opening DateWed, Aug 6, 2025
Issue Closing DateWed, Aug 20, 2025
Date of Allotment (on or about)Thu, Aug 21, 2025
Date of Credit (on or about)Fri, Aug 22, 2025
Date of Listing (on or about)Mon, Aug 25, 2025
Inox Wind Rights Issue price is set at ₹120 per share.
The eligible shareholders are being offered 5 Rights Equity Share(s) for every 78 fully paid-up Equity Shares held on Record Date (Tue, Jul 29, 2025).
The record date for the Inox Wind Rights Issue is Tue, Jul 29, 2025.
The issue size of Inox Wind Rights Issue is of 10,41,10,712 equity shares at ₹120 per share aggregating up to ₹1,249.33 Crores.
The Letter of Offer for Inox Wind Rights Issue can be downloaded here.

You can apply for Inox Wind Rights Issue in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Inox Wind Rights Issue using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Inox Wind Rights Issue is available on the list.
  4. Click the Apply button next to the Inox Wind Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Inox Wind Rights Issue using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Inox Wind Rights Issue from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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