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Avaada to raise ₹10k cr via IPO, files draft papers
Hindustan Times Noida
|October 20, 2025
Avaada Electro, the solar module and cell manufacturing arm of Avaada Group, backed by Thailand’s PTT Group and Brookfield, has sought to raise ₹10,000 crore from an initial public offering (IPO), said two people aware of the development.
The company aims to use the capital for expansion.
(ISTOCKPHOTO)
The company has submitted a draft prospectus for the offer through a confidential filing. It aims to use the capital for expansion.
The Securities and Exchange Board of India (Sebi) introduced confidential IPO filings in November 2022 to provide companies—especially new-age and high-growth firms—more flexibility and privacy during the initial stages of the IPO process.
Several green-energy companies have gone public of late. State-run NTPC Ltd’s green energy arm NTPC Green Energy Ltd hit the stock markets last November with a ₹10,000-crore offer. Waaree Energies, Vikram Solar, ACME Solar, Premier Energies, Saatvik Green and Alpex Solar are other green-power component makers that have gone public in the past year.
Denne historien er fra October 20, 2025-utgaven av Hindustan Times Noida.
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FLERE HISTORIER FRA Hindustan Times Noida
Hindustan Times Noida
LATE HARVESTING AFTER RAINS SEEN BEHIND 75% DIP IN PJB FARM FIRES
Punjab has recorded a 75% decline in stubble burning cases compared to the corresponding period last year, according to official data, with experts attributing this to delayed paddy harvests due to untimely rainfall.
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October 22, 2025
Hindustan Times Noida
'In world of crises, Bharat symbol of stability, sensitivity'
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1 mins
October 22, 2025
Hindustan Times Noida
Crackers unleashed, toxic haze cloaks city
Delhi's first Diwali with legal firecrackers in years delivered the worst air pollution spike since 2021, with fine particulate matter concentrations hitting levels that would register an air quality index of 812 — if the official scale weren't capped at 500 — despite warmer temperatures and fewer farm fires that should have kept the air cleaner.
1 min
October 22, 2025
Hindustan Times Noida
$100k H-1B fee not for stay extensions, status changes: US
WASHINGTON: The US government exempted foreign students from its controversial $100,000 H-1B visa fee on Monday, bringing relief to thousands of graduates — including from India who make up among the largest cohorts in American colleges who feared employers would abandon sponsorship plans due to the prohibitive cost.
1 min
October 22, 2025
Hindustan Times Noida
Amazon’s cloud clout hit after 15-hr global outage
Amazon's reputation as a reliable provider of cloud services took a hit on Monday when an outage lasting some 15 hours disrupted the operations of hundreds of companies, ranging from Apple to McDonald's.
2 mins
October 22, 2025
Hindustan Times Noida
Nominations for Bihar Ph-2 end, Oppn yet to finalise deal
Nominations for the crucial second phase of assembly elections in Bihar closed on Tuesday as it became clear that the Opposition Grand Alliance had fielded more than one candidate on at least 11 seats.
1 min
October 22, 2025
Hindustan Times Noida
SC slams ‘pedantic’ use of burden-of-proof rule
The Supreme Court has held that the traditional rule relating to the prosecution’s burden of proof in criminal cases cannot be applied in a “pedantic” manner, cautioning that such rigidity would allow offenders in serious offences to go unpunished while society becomes the casualty.
1 min
October 22, 2025
Hindustan Times Noida
WORLD IN CRISIS, INDIA A SYMBOL OF STABILITY: PM IN DIWALI LETTER
NEW DELHI: Prime Minister Narendra Modi on Tuesday penned a letter to the citizens of the country on Diwali, highlighting the successes of Operation Sindoor and the fight against Naxalism and asserting that Bharat has emerged as a symbol of stability at a time when the world is beset with crises.
1 min
October 22, 2025
Hindustan Times Noida
{ NOT COLD ENOUGH ANYMORE } Bastion breached: Mosquitoes found in Iceland for first time as warming climate triggers buzz
For the first time, mosquitoes have been found in Iceland, signalling yet another inevitable consequence of climate crisis, the Guardian has reported.
1 min
October 22, 2025
Hindustan Times Noida
Ex-Punjab top cop, wife booked for son’s death
Former Punjab director general of police Mohammad Mustafa and his wife, ex-state minister Razia Sultana, were booked on Tuesday in connection with the death of their son Aqil Akhtar (35) on October 16, Haryana Police said.
1 min
October 22, 2025
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