Indowind Energy Limited

Renewable energy company offering wind power generation, project management, and asset management services.

1995 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Indowind Energy Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 128.80 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 184.56 Cr
  • Revenue Growth -6.05%
  • Profit Growth 326.88%
  • Ebitda 14.84%
  • Net Worth 14.46%
  • Total Assets -0.75%

About Indowind Energy

Indowind Energy Limited (IEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 July 1995 and has a history of 29 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532894 and on the National Stock Exchange(NSE) under INDOWIND.

The Corporate was formerly known as Indowind Energy Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 175.00 Cr and a paid-up capital of Rs 128.80 Cr.

The company has closed loans amounting to ₹184.56 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indowind Energy Limited India are Hari Neelamegam as Cfo, B Sharath as Company Secretary, and Neelamegam Babu as Cfo. Hari Neelamegam, Sridhar, Kandallu Rajaram, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indowind.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40108TN1995PLC032311

  • Company No.

    032311

  • Stock Symbol

    BSE : 532894 NSE : INDOWIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1995

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Environment

What products or services does Indowind Energy Limited offer?

Indowind Energy Limited offers a wide range of products and services, including Dyeing & Printing, Fabric Dyeing Services, Business Auditing & Valuation, Valuation Services, Project Management, Infrastructure Project Management Service.

Who are the key members and board of directors at Indowind Energy?

Executive Team (3)

NameDesignationAppointment DateStatus
Hari Neelamegam Country flag representing In CFO30-May-2019Current
B Sharath Company Secretary05-Jul-2024Current
Neelamegam Babu CFO07-Jun-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Sangeeta Lakhi Country flag representing In Director 08-Aug-2022Current
Hari Neelamegam Country flag representing In Whole-Time Director and Cfo 07-Jun-2021Current
Sridhar Country flag representing In Director 22-Jun-2022Current
Kandallu Rajaram Country flag representing In Director 13-Nov-2015Current
Niranjan Jagtap Country flag representing In Director 27-Nov-2006Current
Kuppa Ravindranath Country flag representing In Whole-Time Director 01-Nov-2004Current

Financial Performance of Indowind Energy.

Indowind Energy Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 6.05% decrease. The company also saw a substantial improvement in profitability, with a 326.88% increase in profit. The company's net worth Soared by an impressive increase of 14.46%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-6.05%
Revenue from Operations
-13.57%
Total Assets
-0.75%
Profit or Loss
326.88%
Net Worth
14.46%
EBITDA
14.84%

What is the Ownership and Shareholding Structure of Indowind Energy?

In 2022, Indowind Energy had a promoter holding of 45.87% and a public holding of 54.13%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹184.56 Cr

Charges Breakdown by Lending Institutions

  • Export -Import Bank Of India : 104.40 Cr
  • Indian Renewable Energy Development Agency Limited : 38.00 Cr
  • Bank Of India : 11.00 Cr
  • Others : 9.73 Cr
  • Bank Of India A C B Branch : 8.98 Cr
  • Others : 12.45 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2016Others₹9.73 CrSatisfied
18 Jan 2011Export -Import Bank Of India₹104.40 CrSatisfied
12 Sep 2009Indian Renewable Energy Development Agency Limited₹38.00 CrSatisfied
13 Mar 2009Andhra Bank₹5.85 CrSatisfied
28 Jan 2008Canara Bank₹6.00 MSatisfied

How Many Employees Work at Indowind Energy?

Indowind Energy has a workforce of 66 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indowind Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indowind Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Indowind Energy

Recent activity within the organization

  • Annual General Meeting

    Indowind Energy Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Charges

    A charge registered on 14 Mar 2016 via Charge ID 100022159 with Others was fully satisfied on 06 Aug 2024.

    06 Aug 2024

  • Charges

    A charge registered on 12 Sep 2009 via Charge ID 10177320 with Indian Renewable Energy Development Agency Limited was fully satisfied on 06 Aug 2024.

    06 Aug 2024

  • Director Appointment

    B Sharath was appointed as a Company Secretary was appointed as a Company Secretary on 05 Jul 2024 & has been associated with this company since 7 months 19 days .

    05 Jul 2024

  • Balance Sheet

    Indowind Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 18 Jan 2011 via Charge ID 10265219 with Export -Import Bank Of India was fully satisfied on 04 Sep 2023.

    04 Sep 2023

Frequently asked questions

  • Indowind Energy Limited was incorporated on 19 Jul 1995.

  • The authorized share capital of Indowind Energy Limited is ₹ 175.00 Cr and paid-up capital is ₹ 128.80 Cr.

  • Currently 9 directors are associated with Indowind Energy Limited.

    • Hari Babu Krishnamoorthy Neelamegam
    • Sridhar
    • Hari Babu Krishnamoorthy Neelamegam
    • B Sharath
    • Neelamegam Krishnamoorthy Hari Babu
    • Kandallu Shyamsundar Rajaram
    • Niranjan Raosaheb Jagtap
    • Kuppa Sankaran Ravindranath
    • Sangeeta Harilal Lakhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indowind Energy Limited is Kothari Buildings 4Th Floor, India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Indowind Energy Limited is L40108TN1995PLC032311 and the company number is 032311 as per Ministry of Corporate Affairs (MCA).

  • Yes, Indowind Energy Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INDOWIND.

  • The Official website of Indowind Energy Limited is https://www.indowind.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Indowind Energy Limited has fallen by -6.05%.

  • As Per 2021 financial reports, 66 employees are currently employed by Indowind Energy Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Indowind Energy Limited has experienced an upsurge of 14.46%.

  • The most recent Balance Sheet for Indowind Energy Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Wind Energy Solutions