Inox Clean Energy eyes Rs.10,000-Cr IPO

Noida-based Inox Clean Energy is preparing to file a draft red herring prospectus for an initial public offering of INR 10,000 crore. The transaction will consist of a fresh issue of shares by the INOXGFL Group firm and an offer for sale from existing shareholders.Founded in 2017, The company operates in two primary business segments: renewable energy generation and the manufacturing of solar photovoltaic modules and cells. The firm has expanded its capacity both organically and through acquisitions in India and overseas.