In today’s briefing:
- Sterlite Electric Ltd Pre-IPO Tearsheet
- Tata Capital IPO Trading – No Tata Premium This Time
Sterlite Electric Ltd Pre-IPO Tearsheet
- Sterlite Electric (1408581D IN) is looking to raise about US$169m in its upcoming India IPO. The deal will be run by Axis Capital, Motilal Oswal, Nuvama.
- Sterlite Electric Limited, formerly known as Sterlite Power Transmission Limited, is a manufacturer and provider of system integration solutions, primarily focused on the power transmission and distribution (T&D) industry.
- Its product portfolio spans high-performance conductors, composite core conductors, and extra high-voltage cables, catering to both domestic and global markets.
Tata Capital IPO Trading – No Tata Premium This Time
- Tata Capital Limited raised around US$1.7bn in its India IPO, which will begin to trade today.
- Tata Capital Limited (TCL) is the flagship financial services company of the Tata group and a subsidiary of Tata Sons Private Limited.
- We have looked at the past performance in our previous note. In this note, we talk about the trading dynamics.
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