New Delhi, Dec. 17 -- Amid the rapid rollout of smart meters and ongoing reforms in the power distribution sector, Polaris Smart Metering is looking to expand its business by offering technology solutions to other smart metering companies, scale up its international presence, and explore a public listing of its shares in India.

Yashraj Khaitan, founder and chief executive of the company, told Mint in an interview that the company, which currently holds nearly 10% market share in the Indian smart metering space, aims to double its share in the next three to five years.

Khaitan did not give a timeline for its public listing plans, but emphasized that the company is well-capitalized for expansion. "We are certainly looking at hitting the p...