Inox Leasing & Finance Limited
- Unlisted share
- Financial Services
- ISIN INE608E01014
At a glance
Sales
FY26
₹9,138 Cr
+13.8%on FY25What the company earned from its customers in the year.
Profit
FY26
₹1,029 Cr
+8.2%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹18,867 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹15,467 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Inox Leasing & Finance Limited
- ISIN
- INE608E01014
- Sector
- Financial Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹19,057.50
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Inox Leasing & Finance Limited
Inox Leasing and Finance is an RBI-registered non-deposit-taking NBFC that acts as the promoter holding company of the INOXGFL group: it is the holding company of Gujarat Fluorochemicals and, through the group, of the Inox Wind businesses, so its consolidated accounts are largely those of the chemicals and wind operations. It is owned almost entirely by the Jain family, with Vivek Kumar Jain holding about 62% and the promoter group about 97%. A composite scheme under which its wind holdings would be demerged and the company itself merged into Gujarat Fluorochemicals is going through approvals.
Written from: api.ilfl.co.in, ilfl.co.in
Listing status. Unlisted, with no IPO filed. Under a composite scheme of arrangement the wind business is to be demerged into Inox Holdings and Investments Limited and the company then merged into the listed Gujarat Fluorochemicals, whose shares would be issued to Inox Leasing shareholders; BSE and NSE gave their no-objection on 9 July 2026 and further regulatory approvals are pending. Inox Leasing and Finance annual report 2025-26 (company website)
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Financial Services
- ISIN
- INE608E01014
- Year of incorporation
- 1995
- Head office
- Registered office: Una (Village Basal), Himachal Pradesh; corporate office: Barakhamba Road, New Delhi
- Promoter
- Jain family (INOXGFL group): Vivek Kumar Jain 61.88%, Devansh Jain 23.64%, Nandita Jain 10.42%; promoter group 97.29% in total
- Key people
- Chairman: Vivek Kumar Jain (from 5 January 2026); Directors: Devansh Jain, Mukesh Patni
- Face value
- ₹10
- Shares outstanding
- 99,00,050 shares
- CIN
- U65910HP1995PLC011680
- Website
- ilfl.co.in
Read from: Inox Leasing and Finance annual report 2025-26 (company website), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
46×
At this price you pay ₹46 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
1.22×
At this price you pay ₹1.22 for every ₹1 of net worth on the company's books.
Profit margincalculated
11.3%
Out of every ₹100 of sales, ₹11.3 was left as profit.
Return on equitycalculated
6.7%
For every ₹100 of the owners' money, the company made ₹6.7 of profit in the year.
Debt to equitycalculated
0.25×
The company has borrowed ₹0.25 for every ₹1 of its owners' money.
- Indicative price
- ₹19,057.50
- Market valuecalculated
- ₹18,867 Cr
- price × shares
- No. of shares
- 99,00,050
- EPS
- ₹413.89
- Book value per share
- ₹15,623.15
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Inox Leasing and Finance Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY26: ₹6,330 Cr to ₹9,138 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹564 Cr to ₹1,029 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Revenue from operations | 6,330.36 | 5,581 | 8,031.05 | 9,137.78▲14% |
| Other income | 198.58 | 297.41 | 380.22 | 562.43▲48% |
| Total revenue | 6,528.94 | 5,878.41 | 8,411.27 | 9,700.21▲15% |
| Depreciation and amortisation expense | 334.48 | 399.58 | 538.04 | 572.24▲6% |
| Finance costs | 375.56 | 339.91 | 302.39 | 336.12▲11% |
| Profit before tax | 1,108.11 | 561.63 | 1,225.52 | 1,474.43▲20% |
| Net profit for the year (including non-controlling interests) | 564.31 | 351.98 | 951.82 | 1,029.41▲8% |
| Basic and diluted earnings per share (face value ₹10) (₹) | 585.75 | 357.69 | 379.5 | 413.89▲9% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Inox Leasing and Finance annual report 2023-24 (copy hosted on the Gujarat Fluorochemicals website), Inox Leasing and Finance annual report 2025-26 (company website).
Ownership
Shareholding pattern
Who owns the company
61.9%Vivek Kumar Jain (promoter)
- Largest holder
- 61.9%
- Top 3 together
- 95.9%
- Holders named
- 8
- Vivek Kumar Jain (promoter)61.88%
- Devansh Jain (promoter)23.64%
- Nandita Jain (promoter)10.42%
- Public2.71%
- Avarna Jain (promoter)0.51%
- Devika Chaturvedi (promoter)0.35%
- Total100.01%
Read from: Inox Leasing and Finance annual report 2025-26 (company website)
Leadership
Management
Vivek Kumar Jain
Chairman (Non-Executive Director)
Devansh Jain
Non-Executive Director
Mukesh Patni
Director (appointed w.e.f. 22.12.2025)
Read from: Inox Leasing and Finance annual report 2025-26 (company website)
Corporate calendar
Events
- 30 Sept 2026AGM31st annual general meeting called for 30 September 2026 by video conferenceOpen
- 6 Aug 2026AgreementPut option agreement signed under which the company and its promoters back ₹1,500 crore of compulsorily convertible debentures issued by group company Inox Clean EnergyOpen
- 9 Jul 2026Scheme of arrangementBSE and NSE gave no-objection to the composite scheme: wind business to be demerged into Inox Holdings and Investments, and the company merged into Gujarat FluorochemicalsOpen
- 5 Jan 2026Board changeVivek Kumar Jain appointed Chairman after the death of founder-chairman Devendra Kumar Jain on 29 December 2025Open
- 22 Dec 2025Board changeMukesh Patni appointed as an additional directorOpen
- 21 Oct 2024EGMExtraordinary general meeting called to approve moving the registered office from Delhi to Himachal PradeshOpen
- 30 Sept 2024AGM29th annual general meeting; no dividend recommended for FY2023-24Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Inox Leasing & Finance Limited on WhatsAppIs the price shown for Inox Leasing & Finance Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Inox Leasing & Finance Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Inox Leasing & Finance Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Inox Leasing & Finance Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.