INOXGFL Group to list INOX Clean Energy in FY26, eyes Rs 5,000 cr IPO

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INOXGFL Group to list INOX Clean Energy in FY26, eyes Rs 5,000 cr IPO - Business Standard

Quick Summary:

INOXGFL Group is planning to list INOX Clean Energy on the domestic stock exchanges in the upcoming financial year and garner Rs 5,000 crore from the issue, sources said.

"The INOXGFL Group is preparing to take INOX Clean Energy public, aiming to raise 10-15 per cent from the public at a valuation of Rs 50,000 crore (USD 6 billion), industry sources said.

INOX Clean Energy will be the fifth entity of the USD 12 billion group to be listed on the bourses.