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Inox Leasing ₹19,500 ▼ 6.0% 1M

Inox Leasing Unlisted Shares

Financial Services Holding Company

Inox Leasing and Finance is the holding and investment arm of the diversified INOX Group, with interests spanning industrial gases, fluorochemicals, renewable energy, and entertainment.

Read the full company profile
Indicative price
As of 23 Oct 2026
₹19,500 ▼ 6.02% in 1 month
Dealer quotes: ₹17,000 – ₹19,550 across 3 dealers
Key facts

Inox Leasing share details

Lot size
50 shares
Min. investment
₹975,000
Face value
₹10
Implied market cap
₹19,305 Cr
Shares outstanding
9,900,050
Founded
1995
Headquarters
New Delhi
Website
ilfl.co.in
ISIN
INE608E01014
CIN
U65910DL1995PLC397847
Lock-in after IPO
6 months
Price history

Inox Leasing share price chart

1Y change
+18.18%
High
₹21,750
Low
₹14,250

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About Inox Leasing

Inox Leasing and Finance Limited is the apex holding company of the INOX Group — one of India's most diversified conglomerates. The group's key businesses include INOX Air Products (industrial & medical gases), Gujarat Fluorochemicals (fluorochemicals & specialty chemicals), INOX Wind (wind energy), and INOX Leisure / PVR INOX (multiplex entertainment). The holding company structure gives investors exposure to the entire INOX Group ecosystem. The company holds significant strategic stakes and earns income from dividends, leasing, and inter-company arrangements.
IPO outlook

When is the Inox Leasing IPO?

Anticipated
FY27
Holding company discount typically applies, but unlocking of group value — especially via GFL's fluorochemicals growth and INOX Wind's renewable energy expansion — makes this an attractive long-term play. IPO timeline is uncertain; likely post group restructuring.

Strengths

  • Holding company of Gujarat Fluorochemicals Limited (52.61% held) and Inox Wind Limited (27.71% held), so it has a stake in several large group businesses.
  • Consolidated revenue from operations grew to Rs 9,13,778.30 lakh in FY26 from Rs 8,03,104.77 lakh in FY25.
  • Consolidated profit for the year was Rs 1,02,940.99 lakh in FY26, compared with Rs 95,182.42 lakh in FY25.
  • Standalone investments stood at Rs 1,23,941.91 lakh at 31 March 2026, up from Rs 1,02,773.91 lakh a year earlier.
  • Standalone dividend income was Rs 1,802.41 lakh in FY26, a steady source of income from group holdings.
  • The company is registered with the RBI as an NBFC and does not take public deposits.

Risks

  • The standalone business is small. FY26 standalone revenue from operations was Rs 3,085.23 lakh and the company posted a loss of Rs 5.15 lakh, against a profit of Rs 2,139.19 lakh in FY25.
  • Standalone borrowings rose to Rs 22,116.87 lakh at 31 March 2026 from nil a year earlier.
  • Consolidated borrowings were Rs 3,89,213.83 lakh at 31 March 2026, up from Rs 2,66,012.56 lakh at 31 March 2025.
  • Consolidated net cash from operating activities was negative at Rs 2,749.40 lakh in FY26, against Rs 57,813.16 lakh positive in FY25, even though the group reported a profit.
  • Most of the consolidated profit belongs to minority shareholders in subsidiaries. Rs 63,654.27 lakh of the Rs 1,02,940.99 lakh profit went to non-controlling interests.
  • The proposed Composite Scheme of Arrangement is pending regulatory approvals, and its final terms or timing could change.
  • The company has agreed with other parties to a Put Option Agreement linked to Compulsorily Convertible Debentures of Rs 1,50,000 lakh issued by Inox Clean Energy Limited, which could create an obligation if the option is exercised.
  • The company did not recommend a dividend for FY26 to conserve profits, so shareholders received no dividend for the year.
  • Unlisted shares trade off-market, with indicative prices, limited liquidity and no exchange oversight of each trade.
  • The group's results depend on cyclical industries such as chemicals and wind energy.
Financials

Inox Leasing financial performance

Revenue, profit and balance-sheet figures by fiscal year.

Revenue & PAT (₹ Cr)
Revenue PAT
Metric FY26Latest FY25
Revenue (₹ Cr) 9,138 8,031
PAT (₹ Cr) 1,029 952
PAT Margin (%) 11.27 11.85
Total Assets (₹ Cr) 23,868 19,130

Swipe the table sideways for earlier years →

Leadership

Management team

Mr. Vivek Kumar Jain
Chairman
Appointed Chairman on 5 January 2026 and chairs the board committees.
Mr. Devansh Jain
Director
Director and member of the board committees.
Mr. Mukesh Patni
Director
Appointed Additional Director on 22 December 2025.
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Get a live quote on WhatsApp in under 60 seconds. Current price ₹19,500. Shares are delivered to your own demat in 24–48 hours, never to a custodian.

Indicative off-market price, not an exchange quote. Read the disclaimer.

FAQs

Inox Leasing unlisted shares: common questions

Important disclaimer

Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.