Hyderabad / New Delhi: Invincible US Infrastructure Pvt. Ltd., led by entrepreneur Rohit Sethi, is preparing to step into a significantly larger league. In just half a decade, the company has grown from a modest engineering setup into a multi-segment infrastructure enterprise. It is now planning to raise around ₹100 crore as part of its transition into a public limited company, sources aware of the development said.
This move comes at a time when India’s infrastructure and capital goods sectors are witnessing strong revival, supported by government-led capital expenditure, rising private investment, and increased reliance on domestically produced industrial equipment.
A Five-Year Journey Built on Execution
Established in 2021, Invincible US Infrastructure’s expansion has been driven by a sharp focus on execution, asset-backed growth, and disciplined capital deployment. Under Rohit Sethi’s leadership, the company steadily expanded its manufacturing base and engineering capabilities, catering to industries such as cement, steel, power generation, and industrial infrastructure.
Unlike rapid expansions fueled by aggressive borrowing, the company’s growth has been balance-sheet oriented. As of now, Invincible reports an estimated net worth of nearly ₹78 crore, reflecting steady asset creation and operational scaling.
Capital Raise Aligned with Long-Term Vision
Industry observers believe the proposed ₹100-crore fundraise is a logical next step rather than an aggressive leap. While net worth reflects capital accumulated over time, fresh funding is intended to support future expansion into long-gestation infrastructure assets.
The shift from a private limited structure to a public limited company will allow Invincible to tap a broader investor base, improve governance standards, and create flexibility for future capital market participation.
According to a source familiar with the plan, the restructuring is aimed at supporting projects that require patient capital and longer investment horizons.
Riding the Capital Goods Upswing
Invincible’s core operations lie in heavy engineering and fabrication, supplying critical equipment and structural systems to industrial and infrastructure projects. With India’s infrastructure push accelerating, the capital goods segment has seen rising order books and improved capacity utilisation.
Unlike precious metals, whose prices fluctuate with global uncertainty, capital goods demand is closely linked to on-ground project execution. Analysts also point out that Indian manufacturers are relatively insulated from external disruptions due to localised supply chains and operational resilience.
Strategic Expansion into Solar and Data Centres
Beyond manufacturing, the company is now entering renewable energy and data centre infrastructure—two sectors with strong long-term demand visibility. Invincible has already executed pilot solar projects and is now scaling up both captive and utility-scale solar capacity.
This renewable push is closely tied to its data centre ambitions. As digital consumption surges across banking, fintech, e-commerce, and cloud services, data centres are emerging as a critical backbone of India’s digital economy.
These facilities typically operate under long-term contracts, often spanning 10 to 15 years, with predictable rental income and annual escalation clauses—making them attractive, stable assets.
Solar Power as a Competitive Advantage
Electricity accounts for a major share of data centre operating costs, sometimes exceeding half of total expenses. By integrating solar power into its data centre strategy, Invincible aims to lower energy costs, protect margins, and ensure stable cash flows.
Captive renewable power also reduces exposure to grid tariff volatility and improves the overall credit profile of such projects, making them more appealing to lenders and institutional investors.
Prudent, Asset-Backed Growth Strategy
The planned ₹100-crore raise is expected to be primarily equity-led, with debt financing introduced only once revenue streams are well established. This conservative capital structure is designed to keep leverage in check while funding long-term assets.
With in-house engineering, fabrication, and project execution capabilities, Invincible is positioned to manage costs and timelines more effectively than developers who rely heavily on external contractors.
The Road Ahead
With a solid net worth built over five years, a forthcoming capital raise, and a clear pivot toward solar-powered data centres, Invincible US Infrastructure is evolving into a hybrid infrastructure platform focused on recurring revenues and asset ownership.
Formal announcements regarding the fundraise and corporate restructuring are expected in the near future. As India’s infrastructure and digital ecosystems continue to expand, industry watchers will be keen to see how Rohit Sethi and his team execute this next phase of growth.
