Inox Clean Energy Limited Unlisted Share Price
As of , the indicative unlisted share price of Inox Clean Energy Limited is ₹795 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , Inox Clean Energy Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| Price / unit | ₹795 |
|---|---|
| Market cap | ₹64,823 Cr |
| Min. investment | ₹11,925 |
| Lot size | 15 |
| P/E ratio | 2396.55 |
| P/B ratio | 134.43 |
What is Inox Clean Energy Limited?
Inox Clean Energy Limited is an unlisted Energy company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
Inox Clean Energy Limited, formerly known as Nani Virani Wind Energy, is the renewable energy platform of the INOXGFL Group, one of India's established industrial conglomerates with interests spanning fluorochemicals, wind turbines and gases. Incorporated in Gujarat in 2017 and headquartered in Vadodara, the company has positioned itself as an integrated clean energy player operating across two broad areas: renewable power generation and solar manufacturing. On the generation side, the company develops, owns and operates wind and solar power assets, largely through its subsidiary structure that includes INOX Neo Energies. It reports operational capacity of around 157 MW, combining wind and ground-mounted solar, alongside several hundred megawatts under construction and a multi-gigawatt development pipeline aimed at scaling its portfolio over the coming years. The manufacturing arm, anchored by INOX Solar, is building large-scale solar cell and module production capacity. This vertical-integration strategy is intended to support both the group's own project requirements and external demand, aligning the business with India's broader push toward domestic solar supply chains and energy transition targets. Inox Clean Energy draws attention in the unlisted market for several reasons. It carries the backing and operating heritage of the INOXGFL Group, whose other entities are already publicly traded, giving the company recognisable promoter lineage. The renewable energy theme it operates in is a focus area of national policy and long-term infrastructure spending. The company has also signalled capital-market intent, having filed a confidential draft prospectus with SEBI in 2025 for a sizeable public issue. With a face value of ₹1 per share and a substantial outstanding share count, its equity changes hands in the private market through over-the-counter transactions while it remains pre-listing. These factors combine to make it one of the more closely tracked names among unlisted renewable energy businesses, though its indicative price reflects private, negotiated transactions rather than an exchange-determined quote.
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Frequently asked questions
No. As of 16 July 2026, Inox Clean Energy Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
The minimum lot is 15 share(s); at the indicative price of about ₹795, that is approximately ₹11,925. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of Inox Clean Energy Limited is ₹795 per share. This is an over-the-counter reference price, not a stock-exchange quote.
The ISIN of Inox Clean Energy Limited is INE0H7K01023. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.
Inox Clean Energy Limited, formerly Nani Virani Wind Energy and part of the INOXGFL Group, is an integrated renewable energy company. It develops and operates wind and solar power projects through subsidiaries such as INOX Neo Energies, and is building solar cell and module manufacturing capacity through INOX Solar.
As of now, Inox Clean Energy is not listed on the NSE or BSE; it is a pre-IPO company that filed a confidential draft prospectus with SEBI in 2025. Its shares trade in the private, unlisted market through over-the-counter transactions facilitated by intermediaries, where buyer and seller agree on price and complete a demat transfer. Availability and pricing depend on willing counterparties and are not guaranteed.
The indicative price reflects negotiated, over-the-counter transactions in the private market rather than an exchange-quoted price. It is influenced by factors such as demand and supply for the shares, the company's operating performance and project pipeline, developments around its proposed IPO, sentiment toward the renewable energy sector, and overall market conditions. It can change frequently and is for information only.
Inox Clean Energy Limited carries CIN U40300GJ2017PLC099852 and ISIN INE0H7K01023. It was incorporated in 2017, has its registered office in Vadodara, Gujarat, and its equity shares carry a face value of ₹1 each. The company operates around 157 MW of renewable capacity with further capacity under construction and a larger development pipeline.
They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.
After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.
Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.
Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.
An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.
Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.
Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.
Inox Clean Energy Limited vs similar unlisted Energy shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.