BusinessPhoto: Mint MarketsSembcorp Plans ₹3,750 Cr IPO for Indian Renewable Unit in Dec 2026
Singapore-based Sembcorp Industries is planning an IPO for its Indian renewable energy subsidiary, Sembcorp Green Infra Ltd., aiming to raise up to ₹3,750 crore. The IPO could launch as early as December 2026, pending regulatory approval. The company operates 7.6 GW of renewable assets across 18 Indian states and will use proceeds to repay borrowings. Backed by Temasek Holdings, the IPO involves a fresh equity issue with no offer-for-sale.
Mint Markets·




