Published on 12/06/2025 10:23 PM
GIC affiliate launches ₹400 crore block deal in Genus Power InfrastructuresThe base deal is valued at approximately ₹400 crore, with an upsize option of ₹250 crore, taking the total potential transaction size to ₹650 crore. Shares of Genus Power Infrastructures Ltd ended at ₹385.25, down by ₹22.70, or 5.56%, on the BSE.By Vivek Iyer | Jomy Jos Pullokaran June 12, 2025, 10:23:04 PM IST (Published)2 Min ReadChiswick Investment Pte. Ltd, an affiliate of Singapore sovereign wealth fund GIC, on Thursday (June 12), has launched a block deal to offload a 3.6% stake in Genus Power Infrastructures Ltd, with an option to increase the sale by an additional 2.28%.
The base deal is valued at approximately ₹400 crore, with an upsize option of ₹250 crore, taking the total potential transaction size to ₹650 crore. The floor price has been set at ₹360 per share, representing a 6.5% discount to the stock’s last closing price.
The company reported a net profit of ₹123 crore in Q4FY25, an over fivefold jump from ₹24.3 crore year-on-year (YoY). The company's revenue more than doubled, reaching ₹936.8 crore against ₹420 crore last year, reflecting strong demand and operational efficiency.
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EBITDA zoomed to ₹196.3 crore, up from ₹51 crore YoY, with margins expanding over 800 bps to 20.95% from 12.16%, highlighting improved profitability.
Jaipur-based Genus Power, a leading manufacturer of smart electricity meters, is part of the $400 million Kailash Group. It has two business divisions — metering solutions and an EPC segment providing a complete range of services to the power sector.
Genus Power Infrastructure is emerging as a key player in India's evolving power distribution sector, leveraging its large-scale operations and comprehensive service offerings, including advanced metering infrastructure (AMI) and facility management systems (FMS) post-installation.
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Shares of Genus Power Infrastructures Ltd ended at ₹385.25, down by ₹22.70, or 5.56%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsGenus Powershare market today