| Market Cap (cr): | ₹6,489 Crore | Book Value: | ₹71.94 per share |
|---|---|---|---|
| Lot Size: | 100–300 shares | 52 Week High: | ₹975 per share |
| 52 Week Low: | ₹400 per share | EPS: | ₹71.94 |
| Demat Account: | PB: | 1.5x (approx.) | |
| Face Value: | ₹2 | Debt To Equity: | 0.26 (FY23) |
| No Of Shares: | Approx. 1000 | Url: |
Overview :
The Company Has Been Renamed and Demerged
Before you buy anything, you must understand what "Sterlite Power Transmission Limited" now means. Two separate things happened:
| Entity | What It Is Now |
|---|---|
| Sterlite Power Transmission Limited | Renamed Sterlite Electric Limited — retains the products business: power conductors, EHV cables, OPGW |
| Sterlite Grid 5 Limited (SGL5) | The demerged transmission infrastructure business — India and Brazil transmission assets |
| IndiGrid | A separate listed InvIT (NSE/BSE) sponsored by the group |
The demerger details:
- On 23 May 2024, Sterlite Power received stakeholder approval to demerge into two separate entities
- The scheme was approved on 28 September 2023 with an appointed date of 1 January 2023, subject to NCLT approval and RoC filing
- Swap ratio: 1 equity share of Sterlite Grid 5 for every 1 equity share of SPTL held — a clean, non-dilutive 1:1
What this means for you: if you buy "Sterlite Power Transmission" shares today, confirm precisely which entity you are receiving — Sterlite Electric (products) or Sterlite Grid 5 (transmission assets), or an entitlement to both.
Call Arms Securities at +91-8882245112 and we will confirm exactly what is being transacted.
Read our full Sterlite Grid 5 analysis →
Key Takeaways
- Sterlite Power Transmission Limited — now Sterlite Electric Limited — retains the power products business: conductors, extra-high-voltage (EHV) cables and OPGW (optical ground wire).
- The transmission infrastructure business (India and Brazil assets, ~13,700 circuit km and ~26,100 MVA) was demerged into Sterlite Grid 5 Limited.
- Group financials: revenue grew 50% to ₹4,918 crore in FY24 from ₹3,279 crore in FY23. Operating cash flow turned around from -₹1,876.9 crore (FY24) to +₹527.5 crore (FY25).
- Face value ₹2 per share. No DRHP filed — IPO status is officially "not filed," though market commentary points to a possible 2026–2027 window.
- Watch the standalone-vs-consolidated gap: one reported year showed standalone profit of ₹315 crore (EPS ₹24.47) alongside a consolidated loss of ₹13.78 crore.
Company Overview & Fundamentals
| Parameter | Details |
|---|---|
| Original Name | Sterlite Power Transmission Limited (SPTL) |
| Current Name | Sterlite Electric Limited |
| Retained Business | Power products — conductors, EHV cables, OPGW |
| Demerged Business | Transmission infrastructure → Sterlite Grid 5 Limited |
| Face Value | ₹2 per share |
| Demerger Scheme Approved | 28 September 2023 |
| Appointed Date | 1 January 2023 |
| Stakeholder Approval | 23 May 2024 |
| Swap Ratio | 1:1 (1 SGL5 share per 1 SPTL share) |
| IPO Status | Not filed |
| Related Listed Vehicle | IndiGrid — India’s first power sector InvIT |
The Products Business (Sterlite Electric)
| Product | Application |
|---|---|
| Power Conductors | Overhead transmission and distribution lines — including high-performance and high-temperature low-sag conductors |
| EHV Cables | Extra-high-voltage underground cables for urban transmission |
| OPGW | Optical Ground Wire — combines lightning protection with fibre-optic communication in a single cable |
Why the products business is attractive on its own: every kilometre of transmission line India builds needs conductors. Every urban grid upgrade needs EHV cables. Every modern grid needs OPGW for communications. As India adds renewable capacity and modernises its grid, conductor and cable demand grows structurally — and unlike the infrastructure business, products generate revenue immediately rather than after multi-year construction.
Financial Performance — Group Level
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | ₹3,279 Cr | ₹4,918 Cr (+50%) | — |
| Net Cash from Operations | — | -₹1,876.9 Cr | +₹527.5 Cr ✅ |
| Financing Cash Flow | — | ₹2,875.7 Cr | ₹713.0 Cr |
| Investments (CCDs, pref shares, securities) | — | — | ₹892.6 Cr |
| Capex | — | — | ₹234.5 Cr |
| NCD Redemption | — | — | ₹708.2 Cr |
| Mutual Fund Liquidation | — | — | ₹340.0 Cr |
| Standalone Profit (one reported year) | ₹315 Cr (EPS ₹24.47) | — | — |
| Consolidated Result (same year) | Loss of ₹13.78 Cr | — | — |
Reading These Numbers Like an Analyst
1. Revenue growth of 50% in FY24 to ₹4,918 crore was driven by transmission network expansion and infrastructure project completions — genuine top-line momentum.
2. The FY25 operating cash turnaround is the most important number. Moving from -₹1,876.9 crore to +₹527.5 crore is a swing of over ₹2,400 crore, indicating projects transitioning from the cash-consuming build phase to the cash-generating operating phase.
3. The standalone-vs-consolidated divergence must be understood. One reported year showed standalone profit of ₹315 crore (EPS ₹24.47) alongside a consolidated loss of ₹13.78 crore. This is a normal pattern for transmission developers — project SPVs carry construction-phase losses that consolidate into group results — but always check which basis a quoted figure uses.
4. Capital deployment remains heavy. FY25 saw ₹892.6 crore invested in compulsorily convertible debentures, preference shares and other securities, plus ₹234.5 crore capex — partially offset by redeeming ₹708.2 crore of NCDs and liquidating ₹340 crore of mutual funds.
5. Leverage is structural to the model. Transmission and power infrastructure is financed with high debt because cash flows are contracted. High leverage is not automatically a red flag here — but it does create interest-rate and refinancing sensitivity.
Why Consider These Shares?
- India’s transmission and grid supercycle — every gigawatt of renewable capacity needs evacuation infrastructure and conductors
- Products business generates immediate revenue — unlike infrastructure, no multi-year build lag
- 50% revenue growth in FY24 demonstrates real momentum
- Operating cash flow turned positive in FY25 — a genuine inflection
- Clean 1:1 demerger swap — non-dilutive for existing shareholders
- IndiGrid monetisation channel — the group sponsors India’s first power-sector InvIT, providing a valuation benchmark and asset buyer
- Brazil diversification in the demerged transmission entity
Risks to Consider — Read Carefully
- Entity confusion is the biggest practical risk. Sterlite Electric / Sterlite Grid 5 / IndiGrid are three different things. Confirm exactly what you are buying before paying.
- High leverage — power infrastructure is debt-heavy; rising rates compress equity returns.
- Consolidated losses have occurred even in years with standalone profit.
- Share price weakness has been noted in market commentary, attributed to leverage concerns, weak institutional participation and reporting disruption from the demerger itself.
- No DRHP filed. IPO status is officially "not filed." Market talk of a 2026–2027 window is speculation.
- NCLT and regulatory completion risk on the demerger scheme — verify current status.
- Execution risk — land acquisition, forest clearances and construction overruns are standard hazards.
- Commodity exposure — aluminium and copper prices directly drive conductor and cable costs.
- Thin OTC liquidity with a wide price band.
How to Buy from Arms Securities
Call/WhatsApp +91-8882245112 first — we will confirm exactly which entity is available and what you would be receiving. Then: confirm price and lot → share CMR → pay via NEFT/RTGS → shares credited in 24–48 hours.
FAQs
What is the current price of Sterlite Power Transmission unlisted shares?
Prices move with OTC demand and the share has shown a wide range. Critically, confirm which entity you are transacting in — Sterlite Electric or Sterlite Grid 5. Call +91-8882245112 for today’s confirmed quote and entity clarification.
What happened to Sterlite Power Transmission Limited?
It was renamed Sterlite Electric Limited and retains the products business — power conductors, EHV cables and OPGW. Its transmission infrastructure business (India and Brazil assets) was demerged into Sterlite Grid 5 Limited under a scheme approved on 28 September 2023 with an appointed date of 1 January 2023. Stakeholder approval for the demerger was received on 23 May 2024.
What is the demerger swap ratio?
1:1 — shareholders of Sterlite Power Transmission Limited receive one equity share of Sterlite Grid 5 for every one equity share held, subject to NCLT approval and RoC filing.
What is the difference between Sterlite Electric, Sterlite Grid 5 and IndiGrid?
Sterlite Electric (formerly SPTL) holds the products business — conductors, EHV cables, OPGW. Sterlite Grid 5 holds the transmission infrastructure assets in India and Brazil, roughly 13,700 circuit km and 26,100 MVA. IndiGrid is a separate listed Infrastructure Investment Trust on NSE and BSE, sponsored by the group.
Is Sterlite Power profitable?
Results diverge by reporting basis. One reported year showed standalone profit of ₹315 crore (EPS ₹24.47) alongside a consolidated loss of ₹13.78 crore — reflecting construction-phase project SPVs. Group revenue grew 50% to ₹4,918 crore in FY24, and operating cash flow turned positive in FY25 at +₹527.5 crore from -₹1,876.9 crore. Always verify which basis a quoted figure uses.
Will Sterlite Power do an IPO?
No DRHP has been filed and the IPO status is officially "not filed." Market commentary points to a possible 2026–2027 listing window, but this is speculation. Assume a multi-year horizon with OTC-only liquidity, and note that any listing would carry SEBI’s 6-month pre-IPO lock-in.
Also Read: Sterlite Grid 5 Unlisted Shares | Power Exchange India (PXIL) Unlisted Shares | Apollo Green Energy Unlisted Shares
+91-8882245112 | contact@armssecurities.com | [www.armssecurities.com]
Disclaimer applies to all pages in this batch: Informational purposes only; not investment advice. Financial figures compiled from publicly available sources and may be dated — request current filings before investing. Unlisted shares carry illiquidity and valuation risks. Consult a SEBI-registered advisor.
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Entity Summary, Analysis & FAQ
Entity Clarification (keep prominent)
The company has been renamed and demerged. Confirm what you are buying.
| Entity | What it holds now |
|---|---|
| Sterlite Electric Limited (formerly Sterlite Power Transmission) | The products business — power conductors, EHV cables, OPGW |
| Sterlite Grid 5 Limited | The demerged transmission infrastructure — India and Brazil assets, ~13,700 circuit km, ~26,100 MVA |
| IndiGrid | A separate listed InvIT on NSE/BSE, sponsored by the group |
Demerger facts: approved 28 September 2023, appointed date 1 January 2023, stakeholder approval 23 May 2024. Swap ratio 1:1 — one Sterlite Grid 5 share per Sterlite Power Transmission share held.
Call +91-8882245112 — we confirm exactly which entity is available and what you would receive.
Read our full Sterlite Grid 5 analysis →
The Products Business Is Genuinely Attractive on Its Own
| Product | Application |
|---|---|
| Power Conductors | Overhead transmission and distribution lines — including high-performance and high-temperature low-sag conductors |
| EHV Cables | Extra-high-voltage underground cables for urban transmission |
| OPGW | Optical Ground Wire — combines lightning protection with fibre-optic communication in a single cable |
Why products beat infrastructure on cash timing:
Every kilometre of transmission line India builds needs conductors. Every urban grid upgrade needs EHV cables. Every modern grid needs OPGW for communications.
Critically: products generate revenue immediately — unlike infrastructure, which consumes cash for 2–4 years of construction before earning anything.
As India adds renewable capacity and modernises its grid, conductor and cable demand grows structurally.
Reading the Financials Correctly
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | ₹3,279 Cr | ₹4,918 Cr (+50%) | — |
| Operating cash flow | — | −₹1,876.9 Cr | +₹527.5 Cr ✅ |
The FY25 operating cash turnaround is the single most important number — a swing of over ₹2,400 crore, indicating projects transitioning from the cash-consuming build phase to the cash-generating operating phase.
The standalone-vs-consolidated trap: one reported year showed standalone profit of ₹315 crore (EPS ₹24.47) alongside a consolidated loss of ₹13.78 crore. This is normal for transmission developers — project SPVs carry construction-phase losses that consolidate into group results. Always check which basis a quoted figure uses.
FAQ
Is there an IPO?
No DRHP has been filed and the IPO status is officially “not filed.” Market commentary points to a possible 2026–2027 listing window, but this is speculation. Assume a multi-year horizon with OTC-only liquidity.
What is the face value? ₹2 per share.
Why has the share price been weak?
Market commentary has attributed weakness to leverage concerns, weak institutional participation, and reporting disruption from the demerger itself.
Is high leverage a red flag here?
Not automatically. Transmission projects are financed with high debt because cash flows are contracted under 25–35 year Transmission Service Agreements. But it does create interest-rate and refinancing sensitivity.
What is IndiGrid’s role?
IndiGrid is India’s first power-sector Infrastructure Investment Trust, listed on NSE and BSE and sponsored by the group. It provides a ready buyer for mature assets and a public valuation benchmark.
Can I sell my Sterlite shares?
Yes — but confirm which entity you hold first. Call +91-8882245112.
Related Companies & Guides
Energy and power cluster: - Sterlite Grid 5 Limited — the demerged transmission entity - Power Exchange India (PXIL) — 37% net margins, market coupling catalyst - Nayara Energy — Vadinar 20 MMTPA refinery - Apollo Green Energy — ₹3,000 Cr order book - Greenzo Energy India — green hydrogen electrolysers - ESL Steel
Guides: DRHP Filed Companies 2026 • Pre-IPO Shares Guide • Best Unlisted Shares 2026
How to Buy Sterlite Power Transmission Unlisted Shares — Complete Process
Buying Sterlite Power Transmission unlisted shares takes 24–48 hours from first call to shares landing in your demat account. Arms Securities has executed off-market transfers since 1990 — we are among the founder members of India’s unquoted stock market.
Step 1 — Get today’s live buy price
Call or WhatsApp +91-8882245112 or email contact@armssecurities.com with the company name (Sterlite Power Transmission) and the quantity or investment amount you have in mind. We reply with today’s confirmed buy price, available quantity and minimum lot size.
Unlisted share prices are not exchange-quoted — they move with OTC supply and demand — so a live quote matters more than any published figure.
Step 2 — Confirm the deal terms
We lock in the price per share, total quantity and consideration, settlement timeline (typically T+1 to T+2) and applicable stamp duty (0.015% on off-market transfers). Nothing moves until you confirm in writing on WhatsApp or email.
Step 3 — Share your demat details
Send your Client Master Report (CMR) — a one-page PDF from your broker’s app or Depository Participant containing your DP ID, Client ID, beneficiary name, depository (NSDL or CDSL) and PAN.
You do not need a special account. Sterlite Power Transmission shares are credited to your existing demat account — the same one you use for listed shares.
Step 4 — Transfer payment
Pay by NEFT, RTGS or IMPS to Arms Securities’ verified bank account. We share full details in writing with the deal confirmation. Never pay to an account shared verbally or by an unverified number — always confirm on +91-8882245112.
Step 5 — Receive shares in your demat account
We initiate the off-market transfer through NSDL or CDSL. Shares are credited within 24–48 hours of payment confirmation. You receive SMS and email from the depository, and the holding appears in your regular demat statement.
Documents required to buy Sterlite Power Transmission shares
| Document | Format | Notes |
|---|---|---|
| PAN Card | Scan or photo | Mandatory for all securities transactions |
| Client Master Report (CMR) | PDF from your DP | Contains DP ID, Client ID, beneficiary details |
| Aadhaar / Address Proof | Scan or photo | For KYC |
| Cancelled Cheque | Scan or photo | Bank account verification |
| Payment Confirmation | UTR / screenshot | After NEFT/RTGS transfer |
Everything can be submitted digitally on WhatsApp or email. No physical paperwork, no courier, no branch visit.
Minimum investment in Sterlite Power Transmission shares
Minimum investment depends on the prevailing price and the minimum lot available at that moment — both change. Call +91-8882245112 for today’s exact minimum. For allocations above ₹10 lakh, see our bulk unlisted share transactions service.
Is it legal and safe to buy Sterlite Power Transmission unlisted shares?
Yes — trading in unlisted shares is completely legal in India.
| Safeguard | How it works |
|---|---|
| Official depository system | Every transfer runs through NSDL or CDSL — the same infrastructure that settles listed shares |
| Your own demat account | Shares are credited directly in your name. Nothing is held on your behalf by us |
| Audit trail | The depository generates an electronic record of every transfer |
| Stamp duty compliance | 0.015% collected by the depository under the Indian Stamp Act 2019 |
| PAN-linked | All holdings are reported against your PAN for tax purposes |
One caution: SEBI has warned investors against unauthorised electronic platforms offering unlisted securities. Deal only with established intermediaries who settle through the depository system and who you can speak to on a phone number.
Buy Sterlite Power Transmission shares — call/WhatsApp +91-8882245112
Related: buy unlisted shares in India • off-market share transfer • our transfer procedure • how to buy unlisted shares — step-by-step guide
Sell Your Sterlite Power Transmission Unlisted Shares — We Buy
Arms Securities buys Sterlite Power Transmission unlisted shares. If you hold them and want to exit, we provide a firm bid, handle the entire transfer, and pay by NEFT/RTGS within 24 hours of receiving the shares.
We buy in every format
| You hold | How we handle it |
|---|---|
| Demat shares | Standard off-market transfer via DIS — fastest route |
| Physical share certificates | Authentication, valuation, transfer deed or dematerialisation |
| Inherited shares | Full transmission support — name transfer from the deceased holder |
| Bulk blocks | Large quantities executed discreetly with preferential pricing |
| NRI holdings | FEMA-compliant documentation and repatriation guidance |
Why sellers come to Arms Securities
Most brokers cannot help you. Your regular stockbroker can only trade listed shares on the exchange. Unlisted shares have no exchange — you need a dealer with an actual buyer network.
We have been that dealer since 1990. We are among the founder members of India’s unquoted stock market, we deal in physical certificates that most modern platforms refuse to touch, and we maintain a standing book of HNI and institutional buyers across 15+ states.
How to sell Sterlite Power Transmission shares — step by step
Step 1 — Tell us what you hold. Call/WhatsApp +91-8882245112 with the company name, quantity, and whether your shares are in demat or physical form.
Step 2 — Receive our bid. We quote a firm buy price based on current OTC demand. No obligation.
Step 3 — Submit documents.
For demat holdings: Demat account statement / Client Master Report • PAN card copy • Cancelled cheque • Delivery Instruction Slip (DIS)
For physical certificates: Original share certificates • PAN card copy • Address proof • Cancelled cheque • Transfer deed (Form SH-4) • If inherited: death certificate, succession certificate or legal heir documents
Step 4 — Transfer the shares. Demat: Submit a DIS to your DP transferring shares to Arms Securities — A/C 11323830, DP ID IN302365, DP: Shri Parasram Holdings Pvt. Ltd. You can also execute online via CDSL Easiest or NSDL Speed-e. Physical: Courier the certificates with signed transfer deed. We guide you through the exact process.
Step 5 — Receive payment. On confirmation of share receipt, we release payment by NEFT or RTGS — typically within 24 hours.
Selling inherited or old Sterlite Power Transmission share certificates
This is our specialism, and very few dealers in India offer it.
If you have found old Sterlite Power Transmission share certificates among family papers — perhaps belonging to a parent or grandparent — you likely have a valid, transferable asset.
- Do not discard them. Old certificates frequently retain real value.
- Photograph them and send to +91-8882245112. We verify authenticity and current status at no cost.
- We check the company’s position — active, merged, renamed, delisted or dissolved — and tell you honestly what your holding represents today.
- If the shares have value, we quote and buy. If not, we explain the position and the capital-loss tax set-off available to you.
Full physical share certificate guide →
Tax when you sell Sterlite Power Transmission unlisted shares
| Holding Period | Classification | Tax Rate |
|---|---|---|
| More than 24 months | Long-Term Capital Gain (LTCG) | 20% with indexation benefit |
| 24 months or less | Short-Term Capital Gain (STCG) | Your applicable income slab rate |
- No STT (Securities Transaction Tax) applies to unlisted share transactions
- Stamp duty of 0.015% applies on off-market transfers, collected by the depository
- For inherited shares, the holding period includes the original owner’s period — often making gains long-term automatically
- For NRIs, TDS provisions apply; we guide on documentation
If the shares later list, post-listing tax treatment changes to listed-share rules (12-month LTCG threshold), with the holding period counted from your original purchase date.
Complete tax guide on unlisted shares • Capital gains tax on unlisted shares
Consult a Chartered Accountant for your specific situation.
Sell your Sterlite Power Transmission shares — call/WhatsApp +91-8882245112 for a firm bid
Related: sell unlisted shares in India • physical & demat share assistance
Trust & Contact Block
Why Buy and Sell Sterlite Power Transmission Shares Through Arms Securities?
| Arms Securities | Typical online platform | |
|---|---|---|
| Years in business | 35+ years (since 1990) | 3–8 years |
| Market standing | Founder member of India’s unquoted stock market | Recent entrant |
| Physical certificates | ✅ Full handling — authentication, transmission, demat | ❌ Usually refused |
| Delisted / suspended shares | ✅ Specialism | ❌ Not offered |
| Inheritance / transmission | ✅ Complete support | ❌ Not offered |
| We buy as well as sell | ✅ Two-way market | ⚠️ Often buy-side only |
| Direct phone access | ✅ Speak to a dealer | ⚠️ Ticket systems |
| HNI clients served | 2,300+ | — |
| Geographic reach | 15+ states | — |
Our pre-IPO track record
Arms Securities identified and supplied pre-IPO shares in companies that became genuine multibaggers for our clients:
DLF • D-Mart (Avenue Supermarts) • Nazara Technologies • LUX Industries • ISGEC Heavy Engineering • L&T Infotech (now LTIMindtree)
The full 35-year Arms Securities story • Arms Securities vs UnlistedZone • ⭐ Client success stories
Contact: +91-8882245112 (Call/WhatsApp) • +91-9899131155 • +91-11-47000023 contact@armssecurities.com • www.armssecurities.com Mon–Fri 9:30–18:00 • Sat 10:00–14:00
Related guides: What are unlisted shares in India • Best unlisted shares to buy in 2026 • Full unlisted share price list • Unlisted shares FAQ • Contact Arms Securities
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