Inox Clean Energy files for Rs 10,000-cr IPO

Inox Clean Energy has filed draft papers with SEBI to raise up to Rs 10,000 crore in what would be India's largest private-sector renewable energy IPO. The offering includes a fresh issue of up to Rs 8,000 crore and a Rs 2,000-crore offer-for-sale by promoter Devansh Jain. Its renewable portfolio stands at 9.29 GW, with 6 GW of solar module capacity.

• IPO of up to Rs 10,000 crore: Rs 8,000 crore fresh issue, Rs 2,000 crore OFS
• Renewable portfolio of 9.29 GW as of August 31, 2026, with 2.37 GW operational
• Solar module manufacturing capacity of 6 GW across India and the US
• Proceeds to repay or prepay borrowings of the company and subsidiaries