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Avaada Electro Files IPO Papers To Raise ₹7,600 Crore; Plans ₹6,000 Crore OFS And ₹1,600 Crore Fresh Issue
Avaada Electro has filed IPO papers to raise up to ₹7,600 crore, including a fresh issue of ₹1,600 crore and an offer for sale of ₹6,000 crore by promoter Avaada Ventures, with potential additional funds from a pre-IPO placement of ₹320 crore.
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Also covered by
- The Hindu BusinessLine: Avaada Electro files updated draft papers for ₹7,600-crore IPO
- Business Standard: Solar panel maker Avaada Electro files updated DRHP for ₹7,600 crore IPO
- The Hindu BusinessLine: Avaada Electro files IPO papers with SEBI, eyes ₹7,600 crore
- New Indian Express: Brookfiled-backed solar firm Avaada Electro files for Rs 7,600 cr IPO
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