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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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MintLean R·47m ago
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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Avaada Electro cuts IPO size to ₹7,600 crore amid valuation, concentration concerns

How 1 sources are covering this

Avaada Electro cuts IPO size to ₹7,600 crore amid valuation, concentration concerns

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