Inox Neo Energies unlisted share price

Price history

About

Inox Neo Energies Ltd. is the renewable energy independent power producer (IPP) platform of the INOXGFL Group. It is a subsidiary of Inox Clean Energy Ltd. In simple words, it builds and runs wind and solar power plants and sells the electricity. According to the Inox Clean Energy website, the company has about 3 GW of operational wind capacity. It is also building and developing large hybrid projects that combine solar, wind and battery storage (BESS). The company says it is targeting at least 15 GW of installed hybrid capacity within the next 2 to 3 years. This is a stated target, not something already achieved. The power is sold to other INOXGFL Group companies, to third-party customers and on the power exchanges. The company has also signed power purchase agreements (PPAs) and letters of intent for some of its projects. Group companies such as Inox Wind, Inox Solar and Inox Green are linked to it as turnkey contractors and operations partners, so the business leans on the wider group. The company is part of the INOXGFL Group, with its registered business based out of Gujarat according to its CIN. The group's corporate office is at INOXGFL Towers, Sector 16-A, Noida, Uttar Pradesh. Inox Neo Energies has not announced an IPO date on IPO Guru's records, and we do not link it to any filed offer document. Its shares trade off-market through unlisted-share dealers. The price shown on this page is indicative, not an exchange price, and the lot size is 100 shares. We could not read a financial statement for this company, so no revenue or profit figures are shown here.