The floor price of Rs 613.69 is at a premium of 5.16% to the scrip’s previous closing price of Rs 583.60 on the BSE.

The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue.

Sterlite Technologies provides advanced connectivity solutions and offers end-to-end products and services for AI-ready infrastructure, FTTx, rural broadband, enterprise and data centre networks. On a consolidated basis, the company reported a net profit of Rs 59 crore in Q4 FY26 compared with a net loss of Rs 40 crore in Q4 FY25. Revenue from operations increased 36.98% year-on-year to Rs 1,441 crore during the quarter.