Avaada Group’s solar manufacturing division, Avaada Electro, is reportedly preparing to file for an initial public offering as soon as this month, aiming to raise as much as $800 million (₹76,576 crore). The IPO is anticipated to consist primarily of new shares, with some existing investors also selling a portion of their holdings. Avaada Electro submitted confidential draft documents for the IPO in October 2025 and secured regulatory clearance in April 2026.
by shortkt.com✓