INOX Clean Energy, a company operating in the emerging clean energy sector, has filed a confidential draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise around Rs. 6,000 crore through an initial public offering (IPO). The purpose of this IPO is to support the company's long-term growth plans, specifically in the clean energy domain. The funds raised are intended to be utilized for expanding the company's renewable energy portfolio, strengthening its infrastructure, and supporting research and development in green hydrogen technologies. Backed by the INOXGFL Group, INOX Clean Energy is strategically focused on green hydrogen and integrated renewable solutions, aiming to contribute significantly to India's energy transition and decarbonization efforts. The confidential nature of the DRHP filing allows the company to gauge investor interest and market conditions discreetly before making full disclosures. This IPO is expected to position INOX Clean Energy as a major player in the renewable energy investment space, providing increased visibility and capital access for the company to extend its clean energy initiatives nationwide.