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Sterlite Power Transmission Limited

Power & Infra

Approaching IPO

Sterlite Power Transmission Limited

Sterlite Power is a leading global developer of power transmission infrastructure with a strong focus on delivering innovative solutions to address complex challenges in the power sector. Established in 2015, Sterlite Power was founded as a part of the Sterlite Group and has emerged as a key player in the transmission industry, known for its pioneering projects and cutting-edge technology. The company expanded globally in 2017 with projects in Brazil and became a significant international player. In 2023 the firm launched its Green Energy Corridor initiative, focusing on integrating renewable energy into the grid. Sterlite Power operates through a comprehensive business model that includes Transmission Solutions, Infrastructure Projects (end to end on turnkey basis) and Long term Asset Management/Maintainence. The company uses innovative technologies including LiDAR, Helicopter Stringing and Drone Inspections for enhancing efficiency and reliability of its power transmission infrastructure. Sterlite Power is the leading producer of bare overhead conductors, exporting to more than 60 nations, and offers solutions for upgrading, uprating, and strengthening existing networks. It also has an industry-leading portfolio of power conductors, extra-high voltage (EHV) cables, and optical ground wire (OPGW). In August 2021, the company had filed for a Rs 1,250 Cr IPO with SEBI but later deferred it owing to unfavourable market conditions. In May 2024, the company got shareholder approval to demerge its business into the power transmission project development and power equipment manufacturing, which will help each entity to attract a capital pool tailored to its requirements.


Key Highlights

Global Infrastructure - The company bids, designs, constructs, owns and operates Power Transmission assets across multiple geographies. The company is operational in India and Brazil with a portfolio of 28 projects, spanning close to 13,700 km of transmission lines. Master System Integration (MSI) and Products Business Master System Integration business delivers a multi-fold increase in throughput, upgrades to existing infrastructure, and an uprate of overhead conductors and OPGW-based communication systems. It includes conductors, optical ground wires, cables, and solutions. Convergence Business - Convergence business is the leading best-in-class dark fiber solution provider in the country, utilizing the highly reliable OPGW network.


FAQs

Unlisted shares of Sterlite Power Transmission Limited can be bought through a stockbroker or dealer specializing in unlisted shares like unlistedassets.com where you will find the best price for the unlisted shares and can also read about the unlisted companies’ profile and read its financials which helps users to get comfortable with unlisted company information before they can invest in the Sterlite Power Transmission Limited unlisted shares.

You can sell unlisted shares of Sterlite Power Transmission Limited through a stockbroker or through a platform like Unlistedassets.com, etc. Once the deal is confirmed, you can transfer the unlisted shares to the buyer through the Depository Participant (DP)/demat account.

Typically, the lock-in period for unlisted shares ranges from 6 months to 3 years. However, the exact lock-in period for unlisted shares varies from company to company and is subject to the company's board of directors.

(i) AIF-II - There is no locking period for Unlisted Shares.

(ii) Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Sterlite Power Transmission Limited

The expected IPO date of Sterlite Power Transmission Limited has not been announced yet. Please keep a check on Unlisted Assets.com for getting the recent updates on Sterlite Power Transmission Limited unlisted shares
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