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Avaada to raise ₹10k cr via IPO, files draft papers
Hindustan Times Pune
|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 Pune.
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Hindustan Times Pune
INDIA’S AUTO PLI SCHEMES VIOLATE WTO NORMS, COMPLAINS CHINA
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1 min
October 22, 2025
Hindustan Times Pune
SA crush Pak by 150 runs in game affected by rain
South Africa steamrolled Pakistan by 150 runs in a rain-affected round-robin league match to leapfrog to the top of the points table in the Women’s World Cup here on Tuesday.
1 mins
October 22, 2025
Hindustan Times Pune
India’s mission in Kabul made embassy as links bolstered
India on Tuesday announced the upgrading of its diplomatic presence in Afghanistan from the status of a technical mission in Kabul to a full-fledged embassy as part of its engagement with the Taliban while stopping short of a formal recognition of
1 min
October 22, 2025
Hindustan Times Pune
Bihar CM vows to provide 10 mn jobs within 5 yrs
Bihar chief minister Nitish Kumar on Tuesday announced that his state government would provide jobs for 10 million youth in the next five years, even as he attacked previous regimes in the state for doing “nothing for women” while in power.
1 mins
October 22, 2025
Hindustan Times Pune
Taapsee Pannu on her Denmark home: There's a lot of history involved
Actor Taapsee Pannu, who splits her time between Mumbai and Denmark after marrying Danish badminton player Mathias Boe, is currently finishing the
1 min
October 22, 2025
Hindustan Times Pune
Medal citations detail Op Sindoor intricacies
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1 min
October 22, 2025
Hindustan Times Pune
Russian hard line on Kyiv ceasefire jeopardises Putin-Trump summit
A planned summit between US President Donald Trump and Russian President Vladimir Putin was put on hold on Tuesday, as Moscow’s rejection of an immediate ceasefire in Ukraine cast a cloud over attempts at negotiations.
1 mins
October 22, 2025
Hindustan Times Pune
$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 Pune
$100k H-IB 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 Pune
3 booked for offering 'namaz' at fort; BJP MP purifies' with cow urine
Three unidentified women have been booked after a video circulated online purportedly showed some burga-clad women offering namaz.on the premises of the historic Shaniwarwada Fort in Pune, police said on Tuesday.
1 min
October 22, 2025
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