Sembcorp Industries mulls ₹3,750 cr IPO for India unit in Dec 2026: Firm profile; top details investors should know

Sembcorp Industries is considering an IPO for its Indian renewable energy subsidiary, Sembcorp Green Infra, as early as December 2026, seeking to raise up to ₹3,750 crore through a fresh issue with no offer-for-sale component, subject to regulatory approval. The subsidiary has more than 75 assets across 18 states and a 7.6 GW gross renewable portfolio, including 3.60 GW of operational capacity and 2.61 GW plus 1,433 MWh of storage capacity under construction as of March 31, 2026. FY26 revenue rose 14.4% to ₹2,652.50 crore and profit after tax increased 24.2% to ₹371.08 crore, while IPO proceeds will be used to repay specified borrowings.