Wednesday, 26 August 2026 · World
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EUROS The World Financial Report
Nº 46 Wednesday, 26 August 2026 · World Edition
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Avaada Electro cuts IPO size to ₹7,600 crore amid valuation, concentration concerns

mint - markets · 56m ago · 🇮🇳 India
Avaada Electro cuts IPO size to ₹7,600 crore amid valuation, concentration concerns

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.

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