A big IPO announcement could come soon from Bihar.
The state government is planning to list its power transmission company in the stock market.
According to a PTI report, Bihar Energy Secretary Manoj Kumar Singh confirmed that preparations are underway.
Discussions with merchant bankers have already started.
If launched, this will be the first government-owned company from Bihar to be listed, likely on the NSE.
What We Know About the IPO Plan
The exact size of the IPO has not been decided yet.
Officials said that once merchant bankers are appointed, they will guide the government on how much money can be raised and how the IPO process will move forward.
The company has been profitable for the past 10 years, which makes it a strong candidate for listing.
The government also wants the public to participate in the company’s growth through this IPO.
How the Funds Will Be Used
The money raised from the IPO will be used to expand the company’s operations within Bihar.
Key plans include:
Increasing network capacity
Building an intra-state transmission corridor
Managing higher electricity demand
This expansion is expected to strengthen the state’s power infrastructure.
Financial Performance of the Company
The company has shown solid financial growth.
Total revenue in FY2025: ₹1,968 crore
Net profit: ₹286 crore
These strong numbers are one of the main reasons the government is confident about the IPO.
When Will the IPO Launch?
As of now, there is no official date for the IPO launch.
However, with preparations already in progress, an announcement could be made in the coming days.
This IPO could become an important opportunity for investors, especially those interested in government-backed companies and the power sector.
