Indowind Energy Ltd
NSE: INDOWIND BSE: 532894
₹8.45
-0.03 (0.35%)
Fri, 23 Oct 2026, 09:47 am
Market Cap (in Cr)136.69
PE Ratio154.48
Dividend0
Utilities
Electric Utilities
24.5KIndowind Energy Ltd Company History
1995
- The company commenced its commercial operation of generating power by setting up 225 KW Wind Electric Generator in Tamil Nadu.
- The company commenced business as a Private Limited Company.
- The company's first Wind Mill was commissioned in Tamil Nadu with a capacity of 225 KW.
1997
- The company was converted into a Public Limited Company.
1998
- The company was the front runner to set up a wind mill project in the state of Karnataka.
2003
- The company filed its Draft Prospectus with SEBI and NSE for a public issue of 25,10,000 Equity Shares.
2004
- The company set up a Wind Mill assembly plant in the State of Pondicherry.
- The company withdrew its Draft Prospectus with SEBI and NSE.
- NSE gave an in-principle approval for listing.
2005
- The company patented the Green Power as trade mark.
- The company obtained Host Country approval for CER and Project registered with UNFCCC.
- The company's 100th Windmill was commissioned at Nettoor - HT SC 1513.
- The company generated 283.75 lac units of power with a PLF of 23.76 %.
2006
- The company signed an MOU with Titan Industries for Green Power.
- The company completed the accounting year with 143 windmills in the group and a Total group capacity of 34.74 MW.
- The company became the first Wind Energy company in India to get Carbon credits issued by UNFCCC.
- The company filed a Draft Red Herring Prospectus with SEBI and BSE for a public issue of 90,00,000 Equity Shares.
- The company achieved a turnover and profitability of Rs. 2603.41 lacs and Rs. 550.91 lacs respectively.
2008
- The company commenced its Wind Generation of Power from its 9MW projects at Chitradurga of Karnataka.
2009
- Indowind Energy commenced its II phase of 9 MW wind energy project at Chitradurga.
2010
- The company was granted the International Award by Actualidad - Golden Eagle for Prestige and Quality Europe 2010.
2011
- The company completed the power sale agreement with Apollo Hospitals Enterprise Ltd. for supply of 10 million units per annum.
2012
- The company successfully registered 18 MW wind farm project with UNFCCC for the issuance of CERs under the Clean Development Mechanism.
2014
- The company appointed Mr. K. Ajit Kumar, Chief General Manager of Export-Import Bank of India, Mumbai as Nominee Director.
2022
- The company's Board of Directors decided to issue equity shares on rights basis in the ratio of 35896594 : 89741486 at an Issue Price of Rs. 12 per share.
2023
- The company issued rights shares of Rs. 10 in the ratio of 2:5 at a premium of Rs. 2 per share.
2024
- The company issued rights shares of Rs. 10 in the ratio of 1:5 at a premium of Rs. 12.5 per share.
