IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

Founded by billionaire Anil Agarwal, Sterlite Power Transmission (SPTL) has filed a DRHP for an initial public offering (IPO) valued at Rs 1,250 crore. The profits of the offering will be used to repay the firm's and its subsidiary Khargone Transmission Ltd's debt (KTL). The company has Rs.7,323.99 crore in outstanding working capital and term loan arrangements, both fund-based and non-fund-based. The issue's lead managers are Axis Capital, ICICI Securities, and JM Financial. A pre-IPO transaction of up to Rs 220 crore may be considered by the firm.

Sterlite Power Transmission, based in India and Brazil, is a significant private sector power transmission infrastructure developer and solutions supplier. They are the largest private player in terms of project portfolio under the interstate TBCB route with a market share of 26% of transmission projects granted through the route. They began operations in Brazil in 2017 as part of their international expansion. TWIN STAR OVERSEAS LIMITED and Anil Agarwal are the company's promoters. Axis Capital Limited, ICICI Securities Limited, and JM Financial Limited are the issue's lead managers, and KFin Technologies Private Limited is the Registrar.

Sterlite Power Transmissions Limited IPO Objectives:

The company proposes to utilise the Net Proceeds from the Issue towards funding the following objects:

  • Repayment or pre-payment, in full or part, of certain borrowings availed by the Company and KTL.
  • General corporate purposes.

Why should you invest in the Sterlite Power Transmissions Limited IPO?

  • Sterlite Power Transmissions Limited is a leading private sector power transmission infrastructure developer and solutions provider, operating in India and Brazil.
  • The power transmissions industry in India has high growth potential. The demand for electricity in densely-populated Indian cities is expected to continue to rise as a result of end-use electrification. 

IPO Financials

Particulars As at and for the year ended March 31, 2021. As at and for the year ended March 31, 2020. As at and for the year ended March 31, 2019.
Basic Earnings per share (in ₹) 142.22 154.13 85.78
Diluted Earnings per share (in ₹) 142.22 154.13 85.78
Return on net worth (%) 68.42% 234.64% 97.00%
Restated net asset value per equity share (in ₹) 207.85 65.69 88.43
EBITDA (₹ in crores) 1831.76 2277.00 323.36
EBITDA Margin 47.99% 44.14% 9.05%
Adjusted EBITDA (₹ in crores) 1793.21 2405.62 459.62
Adjusted EBITDA Margin 46.98% 46.64% 12.87%

Know before investing



Position of leadership in India's power transmission business, attained by well-established procedures and technology for identifying and executing high-margin projects.

With the use of technology and new ideas, They have a track record of effectively completing complicated tasks.

An integrated player with tremendous development potential for its Solutions and Convergence business segments, delivering solutions throughout the full transmission infrastructure value chain.

A high return on investment (ROI) and a lean capital structure with many funding options.

The organization have a significant focus on environmental, social, and governance (ESG).

Board, management, and technical staff all have extensive expertise.



11 Currently Active Projects throughout the planning, engineering, and construction stages can be fraught with dangers.

Inability to recognize and correct defects or irregularities in the title of the property it holds or plans to purchase for its purposes.

Third-party contractors pose a performance risk, as well as operational risks linked with the involvement of third-party contractors and their personnel.

Operates in a highly competitive market, and greater competition might hurt its ability to win projects and execute its growth strategy.

Possible delays in obtaining, or failure to maintain, governmental permissions and permits needed to build and run its projects.

Changes in technology may render its current technologies obsolete or require substantial capital investments.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

What is Sterlite Power Transmissions Limited IPO?

Sterlite Power Transmissions Limited had filed draft documents with SEBI in August to raise around ₹1,250 crores through an IPO.

When will Sterlite Power Transmissions Limited IPO allotment be available?

Details not available.

What will be the Sterlite Power Transmissions Limited IPO lot size?

Details not available.

When will Sterlite Power Transmissions Limited IPO open for subscription?

Details not available.

What minimum lot size can retail investors subscribe to?

Details not available.

When will Sterlite Power Transmissions Limited list on exchanges?

It usually takes ten working days from the last day of subscription to list the stocks on the exchange.

How to check the allotment status of Sterlite Power Transmissions Limited IPO?

Investors can visit the IPO register’s website or BSE/NSE website to check IPO allotment status. Keep your application number, DP id, and PAN number available when checking allotment status. If you are an existing Angel One client, you can check the IPO allotment status by logging in to the customer account.

What would be the listing gains on Sterlite Power Transmissions Limited IPO?

There is no guarantee that the share will list with gain. It depends on the demand for the IPO, global factors, and the short-term outlook, among other factors.

I have finished the application process for Sterlite Power Transmissions Limited IPO, but the funds are not yet debited. What is the reason?

Your account isn’t debited because the bank only blocks the fund when you apply. The amount will be debited if IPO shares are allotted to you, or they will unblock it on the UPI mandate expiration date.

Can I alter my bid for Sterlite Power Transmissions Limited’s IPO after confirming its final application?

Yes, it is possible to alter the price and lot size. Use the changing/revising the application form that comes with the application kit.

Can I submit more than one application for the public issue of Sterlite Power Transmissions Limited using one PAN?

No. investors can submit only one application against one PAN card.

Who is the owner of Sterlite Power Transmissions Limited?

Pratik Agarwal is the Group CEO of Sterlite Power. He has held this position since June 2016.