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Company Information

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INOX WIND LTD.

20 June 2025 | 12:00

Industry >> Engineering - Heavy

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ISIN No INE066P01011 BSE Code / NSE Code 539083 / INOXWIND Book Value (Rs.) 20.47 Face Value 10.00
Bookclosure 25/05/2024 52Week High 262 EPS 3.44 P/E 49.65
Market Cap. 22249.24 Cr. 52Week Low 130 P/BV / Div Yield (%) 8.34 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated on April 9, 2009 as `Inox Wind Limited', a public limited company under the Companies Act and received a certificate of commencement of business on April 15, 2009.

Major Events

2009- The Company entered into technology and license agreements for wind turbine generators with AMSC and rotor blade sets with WINDnovation

2010- Company's WTG plant commenced commercial operations and our first WTG was erected and commissioned in Tamil Nadu

- Company's rotor blade plant commenced commercial operations

2011- Company's tubular steel tower plant commenced commercial production

- Company's WT2000DF model received C-WET type certification

- Company was included in the Revised List of Models and Manufacturers of Wind Turbines issued by C- WET

- Company's first 50MW wind power project at Gujarat, got commissioned

2012- Subsidiary, IWISL was incorporated

2013- Company entered into a license agreement with WINDnovation for the new WB488-2.0-3 rotor blades

- Company has commenced work on wind farms of more than 400 MW in the states of Gujarat,Rajasthan and Maharashtra.

- Company becomes the 4th largest WTG company in India in terms of WTGs installed in a year as per the WISE Report

Awards and achievements

2012- Company was issued ISO 9001:2008 certificate by Certification Body of TUV SUD Asia Pacific TUV

2013- Company was issued ISO 14001:2004 certificate by the Certification Body of TUV SUD Asia Pacific TUV SUD Group.

2016 -"Inox Wind Commissions Common Power Evacuation Infrastructure in Madhya Pradesh". -"Inox Wind Commissions 170 MW for Continuum Wind Energy, Signs 24 MW Repeat Order and in Advanced Discussions for Further Repeat Orders". -"Inox Wind Bags 100 MW Repeat Order from Tata Power Renewable Energy Limited". -"Inox Wind Bags 20 MW Turnkey Order from PTC Energy Limited". -"Inox Wind awarded 52 MW Orders from Leading Public Sector undertakings". -Inox Wind Infrastructure Services Ltd., a Wholly Owned Subsidiary of Company has acquired Sarayu Wind Power (Kondapuram) Private Ltd. -Inox Wind wins order from Adani Enterprises. -'Inox Wind Bags Repeat Order from Malpani Group for 40MW". -'NTPC Limited Partners Inox Wind to foray into Wind Energy".

2017

-Wind turbine maker Inox Wind today said it has bagged a 250 MW project in the SECI-II auction. - Inox Wind bags wind power project from Adani Green Energy

2019

-Inox Wind on Monday said that it has entered into an agreement with Continuum Power Trading (TN) Pvt Ltd to supply, erect and commission 250 mw wind power projects in Gujarat.

2021

-Inox Wind bags order of 150 MW wind power project

2022

-Inox Wind commissioned India's first 3.3 MW wind turbine in Village Ranparda, Taluka Jasdon, District Rajkot in the state of Gujarat. The revolutionary 3.3 MW wind turbine, developed with globally renowned AMSC as technology partner, features a 100 m tubular tower and 146 m rotor blades -one of the largest in its class.

-Inox Wind completes allotment of preference issue worth Rs 402.50 cr

2023

-Inox Wind Ltd (IWL) has bagged an order for a 279 MW project from a large commercial & industrial player. The scope comprises a mix of equipment supply with limited scope EPC (engineering procurement construction) for 180 MW and end-to-end turnkey execution for 99 MW,

-"Successful Commissioning of NTPC REL s 50 MW Dayapar Wind Energy Project Phase-I Installed by Inox Wind"".

-Inox Wind receives Type Certification from TUV SUD for its 3 MW wind turbine

-Inox Wind's 3MW Turbine gets Type Certification from Germany, paves way for commercial launch

-Inox Wind Board approves merger of Inox Wind Energy Limited into the Company

2024

-The Company has issued Bonus Shares in the Ratio of 3:1.

-The Company secured a 60 MW equipment supply order from Serentica Renewables.

-The Company secured a 51 MW equipment supply order from Everrenew Energy Private Ltd.

-The Company Received new order for a 200 MW wind energy project from a renewable C&I power producer.

-The Company BOD have considered and approved bonus at the ratio of 3 : 1, i.e 3 Equity Shares for every 1 Equity Shares held.