Sebi Approves Avaada Electro, Grand Housing IPOs
Sebi has approved IPOs for four companies, including Avaada Electro, the solar PV manufacturing unit of Brookfield-backed Avaada Group, after clearing its confidential DRHP filed in October 2025. Chennai-based Grand Housing will run an entirely offer-for-sale IPO, directing proceeds to its promoter rather than the