Mint Markets · Finance · 2026-08-26
Avaada Electro cuts IPO size to ₹7,600 crore amid valuation, concentration
The solar manufacturer lowered its target from a potential ₹10,000 crore after prospective investors flagged heavy revenue reliance on its group entity and rising competition in the sector. Avaada Electro cuts IPO size to ₹7,600 crore amid valuation, concentration
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