A Detailed Analysis | Inkel Limited Unlisted Shares
INKEL Limited is the first Public-Private Partnership (PPP) venture of the Government of Kerala to bring about a paradigm shift in infrastructure development in the State. Inkel has emerged as a unique platform for development of public infrastructure and innovation by connecting government departments, resident and non-resident investors and the common public.
Inkel’s objective is to catalyse public and private capital as well as professional competence to the promotion and management of large-scale infrastructure projects across different sectors. In the direction of the under-mentioned work categories, the company has also contributed to the modernisation of healthcare, renewable energy, roads, industrial parks and govt allotted projects, thereby giving confidence to the growth path of Kerala.
Chief Segments of Growth & Key Investments
1. Newly developed healthcare infrastructure
For implementing various prestigious healthcare projects under the “Healthcare to the Poor” mission of the Government of Kerala, Inkel has been granted Special Purpose Vehicle (SPV) status from the state government. These projects include:
✔ Cochin Cancer Hospital & Research Centre
✔ Ernakulam Medical College
✔ Medical College, Thiruvananthapuram
✔ Wayanad Medical College
✔District Hospitals: Ernakulam | Punalur | Chirayinkeezhu | Kottayam
With these projects, collectively valued at ₹3,000 Crores, Inkel consolidates its leadership position as a player in the healthcare infrastructure segment. For successfully implementing and executing these mega projects the company gets the pre-defined percentage of the project cost.
The extensive expertise and professionalism that Inkel possesses will make them a NEW age implementing agency for large-scale healthcare infrastructure development in Kerala.
2. Government of Kerala notifications
INKEL has received its project from Government of Kerala (which is worth around ₹400 Crores), which Inkel is working on concurrently. These projects include:
✔ KINFRA Defence Park – A unique, state-of-the-art industrial park focusing on defence production and allied industries
✔ Kerala State Coir Corporation – Renovating and modernizing Kerala’s coir industry
✔ ETP Chandiroor: Construction of an effluent treatment plant
✔ KINFRA Mega Food Park – An industrial cluster for food processing to support agriculture and its related industry
✔ Muziris Heritage Project – One of the largest cultural heritage conservation project
✔ KSIDC Life Science Park – Centre for Biotechnology and Life Sciences Innovation
✔ Alappuzha Mobility Hub & Heritage Project – Make Alappuzha a futuristic transport and Heritage hub.
This project positions Inkel as a relied upon partner for the infrastructure needs of the Government of Kerala and cements its reputation for implementing complex projects and large-scale developments.
3. Renewable Energy & Solar Power Projects
Inkel has become a leading player in the renewable energy space and currently holds an agency status accredited by the government for contributing to sustainable energy solutions. Re-structuring and re-strengthening of the company’s Renewable Energy Division has earned us the“Kerala State Renewable Energy Award 2021”.
Top Renewable Energy Projects:
✔ Accomplished solar power projects with a total capacity of over 15 MWp in Kerala
✔ Formulation of specialized SPV INKEL Renewable Energy Pvt. Ltd. to help spur future clean energy projects
✔ Facilitated a 14 MW wind energy project for KSEB (Kerala State Electricity Board)
Through these initiatives, Inkel is actively involved in promoting green energy solutions and supports the sustainability and clean energy initiatives of Kerala.
4. Road Data Infrastructure Development
Inkel Limited, along with M/s. EKK Infrastructure Limited, completed its first PPP road project in May 2018 at a cost of ₹161.48 Crores. The project was executed successfully in five months before time, showcasing Inkel’s capability in execution and project management.
Project Highlights:
✔ PPP Model: Project is under a 15 years concession period (2 years for construction and 13 years of maintenance)
✔ Timely Execution: Quite ahead of time, making sure to deliver quality on time by Inkel’s quality of efficient working
With a portfolio of newly awarded infrastructure projects, Inkel aims to deepen its footprint in road and highway construction.
INKEL Business Park (IBP) – Angamaly
INKEL Business Park (IBP) at Angamaly is a high-end commercial complex built to woo entrepreneurs, businesses, and investors from varied sectors.
✔ Current Infrastructure:
- 2 operational towers with a total built-up area of 4.25 lakh square feet
- Tower I is 100% occupied, which illustrates great demand in the market
- There is only one floor vacant in Tower II, which would be leased out in the next few months
✔ Future Expansion:
- A proposed four tower expansion to meet continued growth in business
- First additional tower to break ground in two months
They promote economic and industrial growth, making the INKEL Business Park one of the most significant commercial centres of Kerala.
Reasons to Invest in Inkel Limited Unlisted Shares
Strong opportunity for Investing in Inkel Limited unlisted shares because of:
✅ Strategic Government Backing – Backed by the Government of Kerala, giving it stability and credibility
✅ Diversified Business Model – Ranging from healthcare to renewable energy to roads, industrial parks, and government projects.
✅ Proven Track Record of successful on time delivery of large scale projects
✅ Strong Growth Potential – Clean energy, road infrastructure, and business park expansions
✅ Sustainability Commitment – Leading in solar and wind energy developments
✅ Long-term revenue model: multiple business lines through PPP projects, government contracts, and commercial leasing
Through its continuous growth, government support in terms of projects and initiatives related to infrastructure development, the overall outlook for Inkel Limited seems quite promising and is expected to generate very high returns on investment.
Conclusion – Inkel’s Future When It Comes To Technology
Respected as Kerala’s front runner among PPP infra company, Inkel Limited continues to:
✔ Diversify its book of higher-value projects
✔ Expand its renewable energy footprint
✔ Encourage Investment and Industrial Development
