The company’s promoters are Anil Agarwal and Twin Star Overseas Limited, who will also participate in the offer for sale along with other shareholders. Net proceeds from the fresh issue are proposed to be utilized towards repayment or prepayment of borrowings availed by the company and its subsidiaries, funding capital expenditure requirements and general corporate purposes.

Sterlite Electric is a manufacturer of capital goods and a provider of system integration solutions, specializing in the power transmission and distribution (“Power T&D”) industry for both domestic and international markets. Its product portfolio includes a wide range of overhead conductors, power cables, optical ground wire (“OPGW”), along with the provision of master system integration (“MSI”) services.

In Fiscal 2025, the company held a 15% share of the Indian power conductors market in terms of value, and a 25–28% share of the high ampacity and AL59 conductor market in India, also in terms of value.

It has catered to customers in more than 70 countries, including the USA, Brazil, Sweden, South Africa, Egypt, UAE, Chile, and Peru, during the period from April 1, 2022, to March 31, 2025.

Revenue from external customers outside India (continuing operations), reported under Ind AS 108 ‘Operating Segments,’ amounted to ₹10,007.07 million, ₹16,576.49 million, and ₹11,800.53 million in Fiscals 2025, 2024, and 2023, respectively.

The company operates four manufacturing facilities strategically located across India, positioned near key raw material sources and major transportation hubs, including seaports. Facilities in Jharsuguda (Odisha), Piparia (Dadra and Nagar Haveli), and Rakholi (Dadra and Nagar Haveli) specialize in overhead conductor production. The Haridwar (Uttarakhand) facility is dedicated to power cables, while the Piparia facility also manufactures OPGW.

As of March 31, 2025, the company’s annual installed capacity stood at 117,195.60 metric tonnes for overhead conductors, 2,400 kilometers for power cables, and 21,000 kilometers for OPGW.

According to the CRISIL Report cited in the DRHP, India’s transmission sector is expected to undergo significant expansion to integrate 500 GW of non-fossil fuel capacity by 2030, of which 280 GW is expected to come from solar and 140 GW from wind. This will require substantial investment in inter-state transmission systems to evacuate renewable energy from generation hubs to demand centers.

In parallel, the power cables industry is projected to grow at a CAGR of 11–13% between FY24 and FY29, driven by rising investments in transmission and distribution, renewable integration and urban infrastructure development. Large integrated players such as Sterlite Electric, with scale, technology leadership and execution capabilities, are expected to benefit disproportionately from these structural tailwinds.

The company has built a strong presence in both regulated and competitive bid projects, leveraging execution expertise, technology adoption and strategic partnerships. Backed by an experienced leadership team led by Managing Director Pratik Agarwal, Chairman Pravin Agarwal, and CEO Reshu Madan, the company continues to play a critical role in strengthening India’s power infrastructure and enabling renewable energy integration.

Axis Capital Limited,Motilal Oswal Investment Advisors Limited and Nuvama Wealth Management Limited are the Book Running Lead Managers to the issue.

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The order book spans high-performance conductors, power cables, Optical Ground Wire (OPGW), and specialized EPC services, with a particular focus on advancing India’s green energy transmission infrastructure. The company also continues to expand its export footprint, particularly in the Americas, European Union, Africa, and the Middle East, with high-performance conductors and OPGW solutions.

Commenting on the continued success of the company’s business, Mr. Reshu Madan, CEO, Sterlite Electric Ltd, said, “Our strong Q4 performance, with record order wins, reflects the growing demand for our innovative and sustainable transmission solutions. As the global energy landscape evolves, Sterlite Electric continues to lead the charge in integrating renewable energy into power grids. The significant traction from both domestic and international markets, along with our growing export presence, reinforces our position as a trusted partner for utilities and industries worldwide. We remain committed to delivering high-quality, future-ready products and services that drive the global energy transition.”

Key Order Highlights are as follows:

·         High-Performance Conductors & Optical Ground Wire (OPGW)

In Q4, the company received several prestigious orders. Major wins include orders for TBCB projects and supply of high-performance conductors through EPC. These are critical for enabling the evacuation of renewable power to the grid. OPGW segment witnessed enormous traction from PGCIL and state transmission utilities with repeat orders for 96F and 144F cables.

Export momentum in Conductors continued across key markets in the Americas, EU, Africa and the Middle East. OPGW segment also made inroads in Europe and the Middle East.

·         Power Cables

Power Cables secured orders across MV, HV, and EHV segments from various state utilities and key clients like private Discoms, metro systems and power generation companies.

Exports footprint also witnessed expansion with the company winning its first project with a 132 kV smart cable solution for a renewable energy firm in South-East Asia, along with repeat orders from the Electricity Authorities from Asia and Africa.

The company also secured largest order of 220 kV smart cable solution order from India’s largest private sector distribution company.

·         Specialized EPC Services

Specialized EPC services business secured project wins from prominent state utilities for uprating and reconductoring projects using advanced ACCC technology to boost power flow and grid stability.

The post Sterlite Electric Ltd secures ₹7,500 Cr in Total Order Wins for FY’25, driven by Robust Q4 Performance of ₹2,400 Cr appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.