02 Oct 2025 | 5 Mins Read

Sterlite Electric files for Rs 1,500 crore IPO

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Sterlite Electric plans to raise around Rs 1,500 crore through its initial public offering (IPO). The funds will be used for growth plans, debt repayment, and capital expenditure for expansion at its Vadodara facility. The company is engaged in manufacturing capital goods and providing system integration solutions in the power transmission and distribution sector, with a revenue of Rs 4,956 crore.