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Solar panel maker Avaada Electro files updated DRHP for ₹7,600 crore IPO
Avaada Electro, a solar panel maker backed by Brookfield, has filed an updated DRHP for a ₹7,600 crore IPO. The company plans a ₹1,600 crore fresh issue and a ₹6,000 crore offer for sale to expand solar module and cell manufacturing capacity in India.
Read the full report at Business Standard →
Also covered by
- The Hindu BusinessLine: Avaada Electro files updated draft papers for ₹7,600-crore IPO
- Free Press Journal: Avaada Electro Files IPO Papers To Raise ₹7,600 Crore; Plans ₹6,000 Crore OFS And ₹1,600 Crore Fresh Issue
- 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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