Sterlite Power IPO GMP, Sterlite Power Grey Market Premium Today
Everything about Sterlite Power Transmission IPO: Sterlite Power IPO GMP (Sterlite Power Grey Market Premium), Sterlite Power IPO Date, Sterlite Power IPO Review, Sterlite Power IPO Benefits & Risks. We will update Sterlite Power GMP daily. Also, all information related to Sterlite Power IPO like price band, IPO date, issue size and retail parts etc. All the important information about Sterlite Power IPO is given below.
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| Sterlite Power IPO |
Sterlite Power Transmission Ltd IPO
Sterlite Power Transmission Limited is a leading private sector power transmission infrastructure developer and technology supplier. The IPO of Sterlite Power Limited is expected in 2022. Sterlite Power Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1250 crore through IPO (Initial public offering).
Sterlite Power IPO will open on January 2022 and close on January 2022. The price band of the Sterlite Power IPO is ₹- to ₹-. The company is looking to raise around ₹1250 crores through an initial public offering (IPO). Sterlite Power IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Sterlite Power IPO listing date is - January 2022. Sterlite Power Limited IPO GMP (Grey Market Premium) is given below.
Sterlite Power Limited has given good financial performance. The company has made a profit of ₹870.12 crores in the financial year 2021. Sterlite Power IPO Size is ₹1250 crores. In this IPO, approx ₹- Crores will be sold under OFS (Offer for sale) and approx ₹- Crores will be sold under fresh issue. The IPO of Sterlite Power will be listed on NSE and BSE. Sterlite Power IPO face value is ₹- per equity share.
We will talk about Sterlite Power's financial, benefits, and risks of investing in the company.
Read About
What is Sterlite Power IPO GMP Today?
Sterlite Power IPO GMP is ₹.
What is the Sterlite Power IPO Date?
Sterlite Power IPO Opening date is January 2022.
What is Sterlite Power IPO Expected Return?
Sterlite Power IPO Expected Returns is approx -%.
About Sterlite Power
The company was incorporated in the year 2015. Currently, Sterlite Power is a leading integrated power transmission developer and solution provider globally. Sterlite Power has led the way in adopting the latest, cutting-edge global best practices in legacy power transmission. The Sterlite Power team is at the forefront of creating and adopting new, more efficient technologies and enhancing the company's capabilities.
Sterlite Power Transmission is the largest private partner in terms of project portfolio under the interstate TBCB route. In which the company has a market share of 26% in the transmission projects awarded through the TBCB route. In the year 2019, the company had bagged an order of approximately US$46.7 million for the supply of ACCC (Aluminum Conductor Composite Core) conductors. Simultaneously, an agreement was signed with Indigrid for the sale of four transmission assets to Indigrid.
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Important Links:
- Sterlite Power Website
- Sterlite Power DRHP
- Sterlite Power RHP
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To serve the general corporate purpose.
Sterlite Power GMP Today (Grey Market Premium)
[Note: Sterlite Power IPO GMP has not started yet]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
Sterlite Power IPO Date and Price Band Details
Sterlite Power IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of Sterlite Power IPO is ₹- to ₹-per share. Sterlite Power IPO issue size is Rs 1250 crores. Sterlite Power Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.
| IPO Open: | January 2022 |
| IPO Close: | January 2022 |
| Listing Date: | January 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹1250 Crores |
| Fresh Issue: | Approx ₹- Crores |
| Offer For Sale: | Approx ₹- Crores |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Sterlite Power IPO Market Lot & Size
Sterlite Power IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | - Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
Sterlite Power IPO Allotment & Listing Date
| Ipo Opening Date: | January 2022 |
| IPO Closing Date: | January 2022 |
| Basis of Allotment: | January 2022 |
| Refund Date: | January 2022 |
| Credit to Demat Account: | January 2022 |
| Listing Date: | January 2022 |
Sterlite Power IPO Review
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Sterlite Power Ipo Review
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Review For Short term
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Strength
- Sterlite Power Transmission Limited is a leading private sector power transmission infrastructure developer and technology supplier.
- Apart from India, Sterlite Power Transmission Limited is also working in Brazil.
- Expanding with the use of technology and innovative ideas.
- Sterlite Power Transmission Ltd. provides solutions across the entire transmission infrastructure value chain.
- The company has wide expertise with an experienced board, management, and skilled technical staff.
- The company has professional management and a highly experienced team.
- The company has a track record of consistently strong financial success, the company has earned a profit of Rs.870.12 crore in FY 2011.
Risks
- Some of the company's projects are under construction, those projects are likely to cost more or get delayed.
- The company has a significant amount of outstanding debt.
- The company requires a large amount of capital to operate its business, if for any reason the disruption in timely funding sources may adversely affect the operations of the company.
- The company has seen considerable growth in recent years, and the big question is whether the company will be able to sustain its growth in the future.
- A large portion of a company's product revenue comes from a few customers.
- Companies rely on third-party contractors to build and develop their projects.
- The impact of the COVID-19 pandemic on the company is still unknown, which could be risky for the company.
- The areas the company operates in are extremely competitive, and excessive competition can have a negative impact on their business.
Sterlite Power Financials
Sterlite Power Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹12,267.17 | ₹3,571.46 | -₹524.80 |
| 2020 | ₹9,145.72 | ₹5,158.32 | ₹942.97 |
| 2021 | ₹6,754.27 | ₹3,816.96 | ₹870.12 |
Promoters
The promoters of the company are:
- Anil Agarwal
- Twin Star Overseas Limited
Contact Details of Sterlite Power
Sterlite Power Transmission Limited
4th Floor, Godrej Millennium, 9 Koregaon Road,
Pune 411 001, Maharashtra, India
Tel: +91 11 499 622 00
E-mail: secretarial.grid@sterlite.com
Website: www.sterlitepower.com
Sterlite Power Lead Managers
- Axis Capital Limited
- JM Financial Limited
- ICICI Securities Limited
Sterlite Power IPO Registrars
KFin Technologies Private Limited
Selenium, Tower B, Plot No- 31 and 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad, Rangareedi 500 032,
Telangana, India
Tel: +91 40 6716 2222/ 180034 54001
E-mail: sptl.ipo@kfintech.com
Website: www.kfintech.com
Conclusion
Sterlite Power Transmission Limited is the largest private partner in terms of project portfolio under the interstate TBCB route. The company's presence is not only in the country, they started operations in Brazil in 2017. Keeping in view the financial position of the company, Sterlite Power Limited has a good financial track record.
The company has made a profit of ₹870.12 crores in the financial year 2021. Our suggestion will be updated when the Sterlite Power IPO price band and other IPO details are announced. Sterlite Power Limited's financial statements and other information are provided above.
Sterlite Power IPO FAQs
What is Sterlite Power IPO GMP Today?
Sterlite Power IPO GMP is ₹- as of today.
What is Sterlite Power IPO Opening Date?
Sterlite Power IPO Opening date is January 2022.
What is the Sterlite Power IPO Closing Date?
Sterlite Power IPO Closing date is January 2022.
What is the Sterlite Power IPO Allotment date?
Sterlite Power IPO Allotment Date is January 2022.
What is the Sterlite Power IPO Listing Date?
Sterlite Power IPO Date is January 2022.
What is Sterlite Power IPO Kostak Rate?
Sterlite Power IPO Kostak rate is ₹-.
What is Sterlite Power IPO Expected Returns?
Sterlite Power IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Sterlite Power Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Sterlite Power Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
- We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO.
- Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header.
- We are not involved in the buying or selling of IPO form.
- Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.
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