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SEBI clears four IPOs including Avaada Electro and Grand Housing for new market listings soon

Business
Published on 24 April 2026
SEBI clears four IPOs including Avaada Electro and Grand Housing for new market listings soon

Avaada Electro emerges as the heavyweight renewable listing

SEBI has approved four IPOs: Avaada Electro, Grand Housing, Sonaselection India, and Vishal Nirmiti. Avaada Electro, a major renewable energy player, is expected to lead the set, aimed at funding expansion and supporting growth plans. The approvals open the door for these companies to move toward listing in the Indian markets.

  • SEBI cleared four IPOs covering Avaada Electro and three others
  • Avaada Electro is positioned as the major renewable energy listing
  • Approvals are aimed at enabling expansion and growth funding
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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