Invenia – STL Networks Ltd, a leading digital infrastructure and IT services provider, has officially debuted on the National Stock Exchange of India (NSE) and BSE Limited (BSE) following its strategic demerger from Sterlite Technologies Ltd. (STL). This listing represents a major milestone in STL’s value creation journey, positioning Invenia to address the growing demand for next-generation digital infrastructure.
While STL will retain its focus on optical networking and data centre solutions, its former Global Services Business has now been rebranded as Invenia – STL Networks. The new entity is set to scale its portfolio of system integration, connectivity, managed services, and cybersecurity solutions across telecom, enterprise, and public sector markets. The demerger, approved by the NCLT-Mumbai Bench, entitled STL shareholders to one Invenia equity share for every STL share held as of April 24, 2025.
Invenia, as an independent entity, has quickly demonstrated its strength by securing large-scale contracts that underscore both its technical expertise and rapid growth trajectory. These projects reflect the company’s ability to execute complex, national-level initiatives and establish itself as a trusted partner in India’s digital infrastructure expansion.
Among its most notable achievements is the BharatNet III project in Jammu & Kashmir, valued at ₹2,631 crore. Awarded in collaboration with Dilip Buildcon, the project encompasses both capital expenditure and long-term operations, making it one of the largest and most impactful connectivity initiatives in the region.
Invenia has also made significant progress in the data centre space through its ₹359 crore contract with PowerGrid Teleservices. The project involves the supply, installation, and maintenance of a pilot data centre in Manesar, reflecting the company’s capabilities in building secure and scalable digital infrastructure.
Further strengthening its portfolio, Invenia has undertaken the MSSS Smart City Project in Bihar, a ₹205 crore system integration assignment awarded by RailTel. Delivered in partnership with Niveshan Technologies, this initiative highlights Invenia’s growing role in advancing smart city development and integrated digital ecosystems across India.
For the financial year ending March 31, 2025, Invenia reported revenues of ₹1,180 crore, an EBITDA of ₹81 crore, and an open order book exceeding ₹4,249 crore. The company is well positioned to benefit from India’s focus on 5G, BharatNet, and smart city infrastructure.
Pankaj Mallik, CEO of Invenia, said “Our listing on India’s stock exchanges marks the beginning of an independent growth journey driven by scale, innovation, and execution excellence. With projects like BharatNet, we are delivering national-scale impact while creating sustainable value for our stakeholders. Invenia is committed to building secure, future-ready digital infrastructure that empowers enterprises, governments, telecom operators, and cloud providers to thrive in a digital-first economy.”
Invenia is a digital infrastructure and IT services company enabling telecom operators, governments, defence networks, and enterprises across India and the UK. Its expertise spans connectivity, system integration (network, data centre, cloud, cybersecurity), managed services, and AI-enabled solutions. Guided by its purpose of empowering innovation through next-generation infrastructure, Invenia creates long-term value for customers, investors, and employees while driving progress in the digital economy.
