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New Delhi: INOXGFL Group is planning to list INOX Clean Energy on the domestic stock exchanges in the upcoming financial year and garner ₹5,000 crore from the issue, sources said.
INOX Clean Energy will be the fifth entity of the $12 billion group to be listed on the bourses.
“The INOXGFL Group is preparing to take INOX Clean Energy public, aiming to raise 10-15% from the public at a valuation of ₹50,000 crore, industry sources said. Once completed, the IPO will be among one of the largest fundraising initiatives in the private renewable energy sector.
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https://economictimes.indiatimes.com/markets/ipos/fpos/parent-plans-rs-5000-cr-ipo-for-inox-clean-energy/articleshow/119093547.cms
