Archive · 28 Aug 2026
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.
- When
- The filing was reported in the articles; borrowings were measured as of June 30, 2026.
- Where
- The proposed IPO is in India and the DRHP was filed with the Securities and Exchange Board of India.
- Why
- The proceeds are intended mainly for repayment or prepayment of borrowings, along with general corporate purposes.
- 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