Inox Clean Energy Files DRHP for Rs 10,000 Crore IPO. Check Details
The company plans to use about ₹6,000 crore of proceeds to repay debt as it expands solar and wind projects and manufacturing.
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Inox Clean Energy files DRHP for Rs 10,000 crore IPO. Check details
Inox Clean Energy has filed its DRHP for a Rs 10,000 crore IPO with Sebi. The issue includes a Rs 8,000 crore fresh share sale and Rs 2,000 crore OFS. The company has a 9.29 GW renewable power portfolio and 6 GW solar module manufacturing capacity across India and the US.
Renewable energy platform Inox Clean Energy files draft papers for Rs 10,000-crore IPO
Inox Clean Energy IPO | The public issue comprises a fresh issue of equity shares worth Rs 8,000 crore, while promoter Devansh Jain will sell shares worth up to Rs 2,000 crore through an offer-for-sale.
Inox Clean Energy Files DRHP for Rs 10,000 Cr IPO
Inox Clean Energy filed DRHP with SEBI for a ₹10,000 cr IPO, using fresh proceeds mainly for debt reduction, per its Sep 29 filing. Inox Clean Energy Limited, part of the INOXGFL Group, filed its draft red herring prospectus, or DRHP, with the market regulator. A DRHP is the draft...
Inox Clean Energy Plans ₹10,000 Crore IPO for Growth
Inox Clean Energy Limited, part of the INOXGFL Group, has submitted a Draft Red Herring Prospectus to SEBI for an IPO of up to ₹10,000 crore, with ₹8,000 crore as a fresh issue. The funds will be used for debt repayment and corporate purposes. Inox is a major player in renewable energy and solar manufacturing.
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