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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

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Avaada Electro Ltd IPO Closing Date -
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Avaada Electro Ltd IPO Listing Date-

Avaada Electro Ltd IPO Details

Avaada Electro Ltd IPO Date-
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Fresh Issue-
Offer for Sale-
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Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersVineet Mittal, Sindoor Vineet Mittal
  • 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-
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Company Contact Information

Avaada Electro Ltd
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

Phone:Shanti Gopalkrishnan
Email: ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com

Avaada Electro Ltd IPO Lead Manager(s)

  1. ICICI Securities Ltd
  2. Axis Capital Ltd
  3. BofA Securities India Ltd
  4. HSBC Securities & Capital Markets India Pvt Ltd
  5. SBI Capital Markets Ltd
  6. 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.
  • Alternatively, you can also check the allotment status on the stock exchange websites such as NSE or BSE.
  • 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

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