Associated Power Structures Limited IPO

Associated Power Structures is an integrated manufacturing and engineering, procurement and construction (EPC) company engaged in the design and manufacture of lattice structures for power transmission and distribution, wind energy and telecommunication sectors. The Company also undertakes turnkey EPC projects covering the supply, installation, erection and commissioning of transmission and distribution towers, transmission lines and substation structures. It has demonstrated capabilities to execute power transmission and distribution projects up to 800 kV voltage levels and substation projects up to 400 kV. As part of its turnkey offerings, Associated Power Structures undertakes specialized foundation works, including pile-type and well-type foundations, and is among the few companies in India with such capabilities as of March 31, 2025 (Source: CRISIL Report). In the renewable energy segment, the Company designs and manufactures wind turbine lattice structures as well as solar module mounting structures, supporting the growing clean energy infrastructure in India.