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Inox Clean Energy revives billion dollar IPO plans as bankers get to work in India

Business
Published on 24 April 2026
Inox Clean Energy revives billion dollar IPO plans as bankers get to work in India

Draft papers are being prepared despite shaky markets

Inox Clean Energy has restarted plans for an IPO that could raise up to $1 billion, bringing bankers into the process and preparing to file draft documents. The decision comes as equity markets remain volatile, even as renewable energy stocks hold up. The company is also positioning for growth with capacity expansion after recent funding and a completed acquisition.

  • Inox Clean Energy is restarting IPO work with bankers
  • Potential fundraising target is up to $1 billion
  • The IPO push persists despite volatile equity markets
  • Capacity expansion follows recent funding and an acquisition
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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