Sterlite Electric IPO Details
Sterlite Electric IPO Summary
Sterlite Electric IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
Sterlite Electric IPO total issue size comprises 1,55,89,174 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 77,93,371 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 77,95,803 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 12,57,49,724, which will increase to 14,10,66,858 post-issue.
Sterlite Electric IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Sterlite Electric IPO Details
Sterlite Electric IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| To be announced | |||
Sterlite Electric IPO Reservation
Promoter Holding
Documents
Sterlite Electric IPO Valuations
Sterlite Electric Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,259.10 | 13,229.87 | 11,036.28 |
| Total Income | 4,997.40 | 4,954.83 | 3,291.30 |
| Profit After Tax | 183.03 | 230.13 | 183.44 |
| EBITDA | 434.40 | 551.05 | 543.06 |
| NET Worth | 1,481.91 | 1,418.43 | 1,632.54 |
| Total Borrowing | 327.22 | 770.53 | 4,611.45 |
| Amount in ₹ Crore | |||
About Sterlite Electric IPO
Incorporated in 2015, Sterlite Electric Ltd. is engaged in manufacturing capital goods and providing system integration solutions for the power transmission and distribution (T&D) industry.
The company operates across four segments: overhead conductors, power cables, optical ground wire (OPGW), and master system integration (MSI) services. Its product range includes ACSR, alloy, composite core, ACCC, ACSS, GAP type conductors, as well as medium, high, and extra-high voltage cables up to 220kV, fibre-integrated and high-ampacity cables. MSI services focus on grid upgrade and upgrade solutions.
The company has supplied products and solutions to over 70 countries, including the USA, Brazil, Sweden, South Africa, Egypt, UAE, Chile, and Peru between April 2022 and March 2025.
Sterlite Electric operates manufacturing facilities in Jharsuguda (Odisha), Piparia and Rakholi (Dadra and Nagar Haveli) for overhead conductors and OPGW, and in Haridwar (Uttarakhand) for power cables.
As of March 31, 2025, the company employed 432 permanent staff and 1,815 contract labourers.
Strength Of Sterlite Electric IPO
Risk Of Sterlite Electric IPO
Objectives Sterlite Electric IPO
1. Repayment/prepayment, in full or part, of all or certain outstanding borrowings availed by the Company;
2. Funding of capital expenditure requirements for expansion through purchase of plant, machineries and equipment by the Company; and
3. General corporate purposes.
Company Contact Details
Sterlite Electric Ltd.
4 th Floor
Godrej Millennium 9
Koregaon Road,
Pune, Maharashtra, 411001
Phone: +91 0124 4562000
Email: investor.relations@sterliteelectric.in
Website: http://www.sterliteelectric.com/
Registrar Contact Details
Sterlite Electric FAQs
The Sterlite Electric IPO is a MAINBOARD public issue comprising 15589174 equity shares with a face value of ₹2 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.
Quick Links
Comments
