6 days ago
Temasek-Backed Sembcorp Green Infra Files ₹3,750 Crore IPO
Sembcorp Green Infra wants to raise money by selling new shares to the public.
It has asked India’s market regulator, Sebi, to approve a ₹3,750 crore IPO.
The company will receive all the money because existing shareholders are not selling shares in this offering.
It plans to use about ₹3,000 crore to repay or reduce loans.
Its total borrowings were ₹12,522.68 crore as of June 30, 2026.
Sembcorp Green Infra develops renewable-energy projects.
It has wind, solar, hybrid and storage projects in its portfolio.
Some projects are already operating, while others are still being built.
It is also constructing a large battery-storage system.
Sembcorp Green Infra has filed a DRHP with Sebi for a ₹3,750 crore IPO.
The IPO will consist entirely of newly issued shares, with no offer-for-sale component.
The company plans to use an estimated ₹3,000 crore of proceeds to repay or prepay borrowings.
Its consolidated outstanding borrowings were ₹12,522.68 crore as of June 30, 2026.
The company has 7.64 GW/GWh of renewable capacity, including 4.04 GW/GWh under construction and 1,433 MWh of BESS capacity under construction.
- Who
- Temasek-backed Sembcorp Green Infra Ltd., promoted by Sembcorp Industries’ subsidiary Sembcorp Utilities Pte Ltd.
- What
- The company filed a draft red herring prospectus for a ₹3,750 crore initial public offering.
- Where
- The proposed IPO is in India and the DRHP was filed with the Securities and Exchange Board of India.
- When
- The filing was reported in the articles; borrowings were measured as of June 30, 2026.
- Why
- The proceeds are intended mainly for repayment or prepayment of borrowings, along with general corporate purposes.
Key facts
- IPO size
- ₹3,750 crore
- Issue structure
- Fresh issue only; no offer-for-sale component
- Planned debt repayment
- An estimated ₹3,000 crore from the net proceeds
- Outstanding borrowings
- ₹12,522.68 crore on a consolidated basis as of June 30, 2026
- Renewable portfolio
- 7.64 GW/GWh, including 3.60 GW/GWh operational and 4.04 GW/GWh under construction
- Battery storage
- 1,433 MWh, or about 1.43 GWh, of BESS capacity under construction
- Revenue
- FY26 revenue was reported as ₹2,654.95 crore in one article and approximately ₹2,653 crore in another, compared with ₹2,318.2 crore in FY25
Quotes
Sembcorp Green Infra Ltd
The company making disclosures in its draft red herring prospectus
“Our company and subsidiaries have entered into various financial arrangements with banks and financial institutions. The loan facilities entered into by our company and subsidiaries include borrowing in the form of, inter alia, term loans and short-term/working capital loans.”
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“We propose to utilise an estimated amount of ₹30,000 million from the Net Proceeds towards repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company and by some of our Subsidiaries”
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