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The Economic Times
The Economic Times
Business

Inox Clean Energy IPO papers kept in abeyance by Sebi

Markets regulator Sebi has kept in 'abeyance' the draft offer documents of Inox Clean Energy Ltd, which is looking to raise up to Rs 10,000 crore through an initial public offering (IPO).

The proposed IPO comprises a fresh issue of equity shares worth up to Rs 8,000 crore and an offer-for-sale (OFS) of shares, amounting to Rs 2,000 crore by promoter Devansh Jain, according to the draft red herring prospectus (DRHP).

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