Inox Air Products files draft papers with Sebi for Rs 10,000-11,000 cr IPO
Inox Air Products Ltd has filed draft documents for an initial public offering (IPO) with Sebi, aiming to raise approximately Rs 10,000 to Rs 11,000 crore primarily through an offer-for-sale mechanism. The promoters plan to sell around 7.72 crore equity shares, facilitating an exit for select shareholders and seeking a stock exchange listing. Inox stands out as India’s leading producer of industrial and medical gases.
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