6 days ago
Sembcorp Green Infra Files ₹3,750 Crore IPO Papers
Sembcorp Green Infra wants to raise money through a stock-market offering.
It has submitted the required draft papers to SEBI.
The proposed IPO is worth ₹3,750 crore.
The company has renewable-energy projects in 13 states and Union territories.
Some projects are already working, while others are still being built.
Its projects use wind, sunlight, batteries and combinations of these technologies.
The company’s revenue and EBITDA were higher in FY26 than in FY24.
Several investment banks will help manage the IPO.
Sembcorp Green Infra has filed draft IPO papers with SEBI for an issue worth ₹3,750 crore.
The company operates 84 projects and has 21 projects under construction across 13 states and Union territories.
Its portfolio includes wind, solar, hybrid and storage projects, including BESS, RTC and FDRE solutions.
Revenue from operations rose to ₹2,653 crore in FY26 from ₹2,249 crore in FY24, while EBITDA increased to ₹2,099 crore.
The IPO will be managed by seven book-running lead managers, including Axis Capital, Citigroup and Kotak Mahindra Capital Company.
- Who
- Sembcorp Green Infra.
- What
- It filed draft papers with SEBI for a ₹3,750 crore initial public offering.
- Where
- The company’s projects are spread across 13 Indian states and Union territories.
- When
- The filing date is not specified; financial figures are provided for FY24 and FY26, and credit ratings are stated as of March 31.
- Why
- The articles do not specify the purpose of the proposed IPO proceeds.
Key facts
- IPO size
- ₹3,750 crore
- Project portfolio
- 105 projects: 84 operational and 21 under construction
- Geographic presence
- 13 states and Union territories
- FY26 revenue
- ₹2,653 crore, compared with ₹2,249 crore in FY24
- FY26 EBITDA
- ₹2,099 crore, compared with ₹1,823 crore in FY24
- Battery storage under construction
- 1,433 MWh
- Credit ratings
- AA+ (Stable) long-term ratings from CRISIL, ICRA and India Ratings as of March 31








