By: ICN Bureau
Last updated : July 12, 2025 5:37 pm
Aims to raise Rs 6,000 crore in IPO
INOX Clean Energy has filed a confidential draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company aims to raise around Rs. 6,000 crore through this initial public offering (IPO).
The proposed IPO is expected to support the company’s long-term growth plans, particularly in the clean energy sector.
The funds raised will likely be used to expand its renewable energy portfolio, strengthen infrastructure, and support research and development in green hydrogen technologies.
Backed by the INOXGFL Group, INOX Clean Energy operates in the emerging clean energy space, with a strategic focus on green hydrogen and integrated renewable solutions. The company aims to play a key role in India’s energy transition and decarbonization efforts.
The confidential nature of the DRHP filing allows the company to assess investor interest and market conditions discreetly before making full disclosures.
With a Rs. 6,000 crore IPO in the pipeline, INOX Clean Energy is set to become one of the major players in the renewable energy investment space. The listing will provide the company with greater visibility and capital access to scale its clean energy initiatives across the country.