Inox Clean Energy and Sky Alloys and Power have decided to withdraw their IPO papers last week on December 5 while the Sterlite Electric's draft papers are under the SEBI review again after getting removed from abeyance, as per the latest processing status of draft offer documents report published by the regulator on December 9.

Inox Clean Energy, the Uttar Pradesh-based solar modules and cell manufacturer, had preferred to file its Draft Red Herring Prospectus (DRHP) via confidential route with the SEBI in July this year, to raise funds via initial public offering (IPO).

According to media reports quoting market sources, the INOXGFL group company was likely to raise at least Rs 6,000 crore via IPO at possible valuation of around Rs 50,000 crore .

Incorporated in 2017, Inox Clean Ener

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