Sterlite Electric Limited IPO Details

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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.

The Lead Managers for Sterlite Electric IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Axial Capital Pvt.Ltd., Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Sterlite Electric Limited DRHP.

Sterlite Electric IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹2 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
125749724
Share holding post issue
141066858
Total Issue Size
1,55,89,174 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
77,93,371 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
77,95,803 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed With SEBI

Sterlite Electric IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Sterlite Electric IPO Reservation

Promoter Holding

Pre Issue:62.69%
Post Issue:-
Promoter Names:
Anil Agarwal, Twin Star Overseas Limited

Documents

Sterlite Electric IPO Valuations

ROE:13.23%
ROCE:28.30%
DEBT/EQUITY:0.23
RONW:12.35%
PAT MARGIN:3.66%

Sterlite Electric Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets4,259.1013,229.8711,036.28
Total Income4,997.404,954.833,291.30
Profit After Tax183.03230.13183.44
EBITDA434.40551.05543.06
NET Worth1,481.911,418.431,632.54
Total Borrowing327.22770.534,611.45
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

To be announced

Risk Of Sterlite Electric IPO

To be announced

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

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

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