Inox Clean Energy Files Draft Papers for Rs 10,000-Crore IPO

30 Sept 2026, 3:52 pm · 2d ago · 1 min read · YourStory

Amount

Rs 10,000 Cr

Stage

IPO

Renewable energy major Inox Clean Energy, part of the INOXGFL Group, has filed its Draft Red Herring Prospectus with SEBI to raise up to Rs 10,000 crore via an IPO. The offering includes a fresh issue of shares worth up to Rs 8,000 crore and an offer-for-sale of Rs 2,000 crore by promoter Devansh Jain. If completed, it will be India's largest private-sector renewable energy public issue. Fresh capital will primarily be used to repay borrowings of the company and subsidiaries, and for general corporate purposes.