Inox Clean Energy has been learning to handle big numbers in the two years it’s been around.

When it filed its draft papers for a Rs 10,000 crore initial public offering (IPO) last week, the clean-power producer and solar-panel maker was set to be as big a share sale as the IPO of state-owned giant NTPC’s renewables arm in 2024. 

But the Securities and Exchange Board of India (Sebi), the market regulator, swiftly put Inox Clean’s IPO plan on holdMoneycontrol to investigate the company’s prior transactions with related entities in the........

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