Sterling and Wilson

Mumbai, India Founded: 1927 • Age: 99 yrs
Energy storage systems for renewables are designed and developed.
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About Sterling and Wilson

Sterling and Wilson is a company based in Mumbai (India) founded in 1927.. The company has 2,500 employees as of March 31, 2024. Sterling and Wilson offers products and services including EPC Services, Operation and Maintenance, and Energy Storage Solutions. Sterling and Wilson operates in a competitive market with competitors including Fluence, Statcon Energiaa, QuantSolar, GPES and APS Tech Systems, among others.

  • Headquarter Mumbai, India
  • Employees 2500 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sterling And Wilson Renewable Energy Limited
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $736.21 M (USD)
    107.61
    as on Mar 31, 2024
  • Net Profit
    $9.52 M (USD)
    138.42
    as on Mar 31, 2024
  • EBITDA
    $31.66 M (USD)
    3999.28
    as on Mar 31, 2024
  • Latest Funding Round
    $179.93 M (USD), Post-IPO

    Dec 14, 2023

  • Investors
  • Employee Count
    2500

    as on Mar 31, 2024

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IPO & Listings of Sterling and Wilson

Sterling and Wilson is a publicly listed company on the NSE with ticker symbol SWSOLAR in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: SWSOLAR . Sector: Industrial services · India

Products & Services of Sterling and Wilson

Sterling and Wilson offers a comprehensive portfolio of products and services, including EPC Services, Operation and Maintenance, and Energy Storage Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Engineering, procurement, and construction for solar projects

Maintenance and operation of solar energy installations

Development of hybrid and storage systems for energy projects

People of Sterling and Wilson
Headcount 1000-5000
Employee Profiles 37
Employee Profiles
People
Avinash Zagade
Deputy General Manager Wind O&m
People
Abhijeet Singh Teotia
Deputy Manager
People
Muthuraj Nadar
Manager - Human Resource
People
Bidyasagar Mohapatra
Deputy Manager - Operations

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Funding Insights of Sterling and Wilson

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $179.9M
  • First Round

    (10 Oct 2021)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Post-IPO - Sterling and Wilson Valuation

investors

Oct, 2021 Amount Post-IPO - Sterling and Wilson Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sterling and Wilson

Sterling and Wilson has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Bandhan Bank, Goldman Sachs and BNP Paribas. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward early to medium-sized companies.
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Operates as an investment management firm for financial assets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sterling and Wilson

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sterling and Wilson

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sterling And Wilson Comparisons

Employees
+
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Competitors of Sterling and Wilson

Sterling and Wilson operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fluence, Statcon Energiaa, QuantSolar, GPES and APS Tech Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Energy storage systems are supplied for industrial renewable applications.
domain founded_year HQ Location
Manufactures power converters and inverters for energy, defense, and industrial applications.
domain founded_year HQ Location
Solar energy projects are developed by QuantSolar in India.
domain founded_year HQ Location
Energy storage systems and solar products are provided by GPES.
domain founded_year HQ Location
Specializes in power infrastructure, backup systems, and UPS for various sectors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sterling And Wilson

Frequently Asked Questions about Sterling and Wilson

When was Sterling and Wilson founded?

Sterling and Wilson was founded in 1927 and raised its 1st funding round 94 years after it was founded.

Where is Sterling and Wilson located?

Sterling and Wilson is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Sterling and Wilson?

Sanjay Jadhav is the current CEO of Sterling and Wilson.

How many employees does Sterling and Wilson have?

As of Mar 31, 2024, the latest employee count at Sterling and Wilson is 2,500.

What is the annual revenue of Sterling and Wilson?

Annual revenue of Sterling and Wilson is $736.21M as on Mar 31, 2024.

What does Sterling and Wilson do?

Founded in 1927 in Mumbai, India, the company operates in the renewable energy sector. Energy storage systems are designed and developed for storing and generating renewable power. Hybrid energy solutions are provided, integrating solar PV, diesel generators, and battery storage. Operations focus on engineering and implementation services across various geographies. Leadership is provided by CEO Sanjay Jadhav.

Who are the top competitors of Sterling and Wilson?

Sterling and Wilson's top competitors include Fluence, GPES and QuantSolar.

What products or services does Sterling and Wilson offer?

Sterling and Wilson offers EPC Services, Operation and Maintenance, and Energy Storage Solutions.

Is Sterling and Wilson publicly traded?

Yes, Sterling and Wilson is publicly traded on NSE under the ticker symbol SWSOLAR.

Who are Sterling and Wilson's investors?

Sterling and Wilson has 10 investors. Key investors include Bandhan Bank, Goldman Sachs, BNP Paribas, Aditya Birla Capital, and Authum Investment & Infrastructure.

What is Sterling and Wilson's ticker symbol?

The ticker symbol of Sterling and Wilson is SWSOLAR on NSE.

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