Sterlite Electric IPO
Sterlite Electric IPO is heading to the Indian primary market, following the company's submission of its Draft Red Herring Prospectus (DRHP) to SEBI. The issue will be managed by Axial Capital Pvt.Ltd., Motilal Oswal Investment Advisors Ltd. and Nuvama Wealth Management Ltd. as the book-running lead managers, while MUFG Intime India Pvt.Ltd. acts as the registrar. While the official IPO dates, price band, and lot size are yet to be finalized, investors can review the initial Sterlite Electric IPO DRHP for comprehensive details.
Free Demat with Zero AMC*
Sterlite Electric IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 1,16,91,880.5 crores |
| Non-Institutional Investors (NIIs) | 15% | 23,38,376.1 crores |
| Retail Individual Investors (RIIs) | 10% | 15,58,917.4 crores |
About Sterlite Electric Limited IPO
Sterlite Electric IPO Strengths & Weaknesses
No Data Found
Sterlite Electric IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 1,55,89,174 shares (aggregating up to To be announced) |
| Fresh Issue | 38,96,685.5 shares (aggregating up to ₹77,93,371 crores) |
| Offer for Sale | 38,97,901.5 shares of ₹2 (aggregating up to ₹77,95,803 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 62.69 shares |
| Post-Issue Shareholding | 0 shares |
Sterlite Electric IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Sterlite Electric ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Sterlite Electric IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Sterlite Electric IPO Contact & Registrar Details
Contact Details
Address
4 th Floor Godrej Millennium 9 Koregaon Road, Pune
Phone Number
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Sterlite Electric Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Axial Capital Pvt.Ltd. | Motilal Oswal Investment Advisors Ltd. | Nuvama Wealth Management Ltd. |
