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IPO Papers Filed with SEBI of Inox Green Energy

Inox Green Energy IPO comprises fresh issues and OFS or offer for sale of up to $370 crore each, as stated by Inox Wind. Read on to know more.

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IPO Papers Filed with SEBI of Inox Green Energy

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  1. IPO Papers Filed with SEBI of Inox Green Energy Inox Wind, the wind energy service provider, informed on Tuesday that the material subsidiary IGESL or Inox Green Energy has filed DRHP or Draft Red Herring Prospectus with SEBI or Securities and Exchange Board of India, the market regulator on February 7th, 2022 for an IPO or Initial Public Offering. What’s the matter? The proposed offer comprises the issue of fresh equity shares to an aggregate of up to $370 crore and an OFS or offers for sale of equity shares that aggregate of up to $370 crore by the company. In December 2021, the Green energy stocks India company informed that the material subsidiary company had approved of fundraising using an IPO, initial public offering of the company’s equity shares that includes equity shares freshly issued and/or an offer for the sale of equity shares by eligible and existing shareholders of the IGESL.

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