INOX Clean Energy likely to file for IPO next week to raise Rs 5,000 crore

INOX Clean Energy is set to file a Rs 5,000 crore IPO via the confidential route, potentially marking India’s largest renewable energy listing. The IPO, largely comprising fresh issues, will fund solar and IPP facility expansion, aligning with India’s 2030 renewable goals. Backed by major investment banks, the offering positions INOX for a Rs 50,000 crore valuation amid growing investor interest in the green energy sector.