Avaada Electro Ltd., backed by Brookfield Renewable Partners, is preparing to file for an $800 million IPO in India, with leading financial institutions managing the process.
Avaada Electro has hired five banks for the IPO
Aug 24, 2026
01:03 pm
What's the storyAvaada Electro, the solar manufacturing division of Avaada Group, is gearing up for an initial public offering (IPO) that could raise as much as $800 million, as per Bloomberg.
The company has hired ICICI Securities, Axis Capital, HSBC Holdings, IIFL Capital Services and Bank of America to manage the potential share sale in India.
Avaada Electro is gearing up for an initial public offering aiming to raise up to $800 million. The solar manufacturing company…
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