Inox Air Products files DRHP for ₹10,000-11,000 cr IPO

Inox Air Products Ltd has filed its draft red herring prospectus with SEBI for an IPO estimated at ₹10,000–11,000 crore. The issue is entirely an offer for sale of 7.72 crore shares by promoters, with no fresh issue component. Kotak Mahindra Capital, Citi, ICICI Securities, and JP Morgan are managing the offering.