Gretex Corporate Services has filed a Draft Red Herring Prospectus (DRHP) for Sky Alloys and Power Limited. The filing was submitted to the main board platforms of the National Stock Exchange of India Limited and BSE Limited. This move marks a significant step in the proposed public offering process for Sky Alloys and Power Limited.

The DRHP was filed on June 24, 2026. The submission facilitates the potential listing of Sky Alloys and Power Limited on both the National Stock Exchange of India Limited and BSE Limited, subject to regulatory approvals.

Gretex Corporate Services Limited is headquartered at A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown, Senapati Bapat Marg, Near Indiabulls, Dadar (West), Mumbai – 400013. The company serves as the registrar and share transfer agent for the proposed issue.

Promoter Arvind Harlalka, along with the promoter group and Persons Acting in Concert, declared a 61.639% shareholding in Gretex Corporate Services as on March 31, 2026. The group holds a total of 1,48,91,621 equity shares, representing a majority stake in the company. This disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The declaration confirms that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026. The filing provides a detailed breakdown of the shareholding distribution among various promoter and promoter group entities.

Bonanza Agency LLP holds the largest portion of the promoter stake with 1,01,61,049 shares, accounting for 42.058% of the total shareholding. Talent Investment Company Private Limited holds 13.667% of the shares. The document notes that Talent Investment Company Private Limited was allotted 11,26,320 equity shares upon conversion of warrants into equity, along with corresponding bonus shares, though the company is currently awaiting trading approval from stock exchanges.

The remaining promoter and promoter group entities include individual shareholders and Hindu Undivided Families (HUFs). Arvind Harlalka personally holds 1.742% of the shares, while other family members such as Alok Harlalka, Rajkumari Harlalka, Anita Harlalka, Harsh Harlalka, Sumeet Harlalka, Sashi Harlalka, and Pooja Harlalka hold smaller percentages. Additionally, Arvind Harlalka HUF, Sumit Harlalka HUF, and Alok Harlalka HUF collectively hold a portion of the stake.

Shareholding Pattern

Talent Investment Company Private Limited was allotted 11,26,320 equity shares upon conversion of warrants into equity, along with the corresponding bonus shares on such conversion. However, the Company is currently awaiting trading approval from the stock exchanges and post listing approval is received corporate action will be completed.