Avaada Electro Ltd IPO
Pre Issue Shares
1,54,22,99,111
No. of Shares Issued
-
Pre Issue Equity Amt.
₹771.15 Cr
DP Filling Date
August 25, 2026
Avaada Electro Ltd IPO Timeline
| Event | Date |
|---|---|
| Avaada Electro Ltd IPO Opening Date | - |
| Avaada Electro Ltd IPO Closing Date | - |
| Basis of Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Avaada Electro Ltd IPO Listing Date | - |
Avaada Electro Ltd IPO Details
| Avaada Electro Ltd IPO Date | - |
| Avaada Electro Ltd IPO Face Value | - |
| Avaada Electro Ltd IPO Price | - |
| Avaada Electro Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vineet Mittal, Sindoor Vineet Mittal |
- Strengths
- Risks
- Opportunities
- We are among the top 10 vertically integrated solar photovoltaic ("PV") manufacturers (cell and equivalent modules) in India based on operational solar cell and module capacity with upcoming wafer and ingot manufacturing facilities.
- We are among few solar PV module manufacturers in India to have adopted advanced TOPCon technology for all its existing and upcoming capacity;
- Competitive cost structure enabled through capital expenditure efficiency and operational expenditure optimisation;
- Robust order book from our strategic integration with our Group Company, Avaada Energy Private Limited, providing clear visibility on future growth and well positioned to cater to large external demand driven.
- Proven execution track record with a focus on sustainability.
- Promoted by Avaada Ventures Private Limited and a part of the Avaada group which benefits from established institutional credibility and further propelled by our management team.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding prepayment, repayment and/ or payment obligations to our lenders towards certain borrowings, and acceptances pursuant to letters of credit availed by the Company, in part or full.
- General corporate purposes.
Avaada Electro Ltd IPO Prospectus
Avaada Electro Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | - |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
C-11 Sector-65 Gautam Buddha-Nagar,Noida-201301
Phone: +91 22 6140 8000
Email: avaadaelectro@avaada.com
Website: www.avaadaelectro.com
Avaada Electro Ltd IPO Registrar
Avaada Electro Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Axis Capital Ltd
- BofA Securities India Ltd
- HSBC Securities & Capital Markets India Pvt Ltd
- SBI Capital Markets Ltd
- IIFL Capital Services Ltd
How to Check the Allotment Status of Avaada Electro Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Avaada Electro Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Avaada Electro Ltd IPO
Avaada Electro Limited was originally incorporated as Avaada Electro Private Limited' at Noida, Uttar Pradesh, as a private limited company under the Companies Act, 2013, dated April 27, 2021, issued by the Central Registration Centre. Subsequently, Company has converted into a Public limited company and the name has changed to Avaada Electro Limited' dated September 16, 2025, issued by the Central Processing Centre. The Company is a wholly-owned subsidiary of Avaada Ventures Private Limited, a member of the Avaada group, an integrated energy

