Avaada plans public filing for India IPO to raise ₹76,576 cr: Report

Avaada Electro, the solar manufacturing arm of Avaada Group, may publicly file for an IPO as early as this month, targeting up to $800 million (₹76,576 crore). The offering is expected to mainly comprise fresh shares, alongside secondary sale by existing investors. Avaada Electro had confidentially filed draft IPO papers in October 2025 and received regulatory approval in April 2026.