India, April 22 -- Inox Clean Energy Ltd has revived plans for an initial public offering (IPO) that could raise as much as $1 billion, according to people familiar with the matter. The firm is in discussions with bankers and is likely to file the draft prospectus soon, the people said, asking not to be identified as the information is private. Inox Clean had previously filed draft papers for an IPO in July last year before withdrawing them in December. The firm is expected to retain some of the banks that worked on the earlier attempt while adding a few more, including global firms, and is targeting a deal size roughly double its previous plans, the people said. Deliberations are ongoing and details like the size and timing of the offering could still change, the people said. A representative for Inox Clean didn't respond to requests for comment. A recent selloff in Indian equities following the outbreak of the war in West Asia has added to the challenges for companies seeking to go public, raising the prospect of a slowdown in issuance after two record-breaking years. Indian IPOs have raised about $2.9 billion so far this year, compared with $22 billion in 2025, according to data compiled by Bloomberg....