Inox Clean Energy, Sky Alloys withdraw IPOs; Sterlite Electric review resumes

• Inox Clean Energy and Sky Alloys and Power withdrew their IPO papers on December 5.
• Sterlite Electric's draft IPO papers are back under SEBI review after being removed from abeyance.
• Inox Clean Energy, a solar manufacturer, had aimed to raise around Rs 6,000 crore via its IPO.
• SEBI had previously put Sterlite Electric's IPO on abeyance due to allegations against its parent, Vedanta Group.
• SEBI has sought clarifications from lead managers regarding Sterlite Electric's IPO.

Why It Matters: Regulatory scrutiny and withdrawals highlight challenges in India's IPO market.