your motor will draw about 114 A, your overload has to be set at (127 A) as the overload is usually set at "115%-130%" of the rated current of a motor.....this percentage depends on the the motor's power.
Sorry, but 75000/(√3 x 380) = 114A. There is then the matter of PF and efficiency to be considered, which makes it closer to 135-140A.
As the OP's name seems Indian, i assumed she is from India, and if so, the relay will have to be set to the actual motor current, if it sees the full motor current. If it is used in a star-delta starter, the relay will see In/√3 ≈ 80A. Then there is the matter of whether it is a Class 10A, 10, 20 or 30 starter depending on the starting duration. More info from the OP will help in deciding all these.
If i am wrong in assuming the OP's nationality, location and sex, my apologies
__________________
Nothing worthwhile can ever be taught, it can only be learnt.
I agree, most solid state overload relays require that the setting be at the motor nameplate FLC, the 115-130% is already factored into their trip curves.
__________________
** All I every really wanted to be, was... A LUMBERJACK!.**
The answers were already given for your question. This , you need for a project record or actual installation at the site??
If this relay is required for site installation, collect the motor data sheet from the motor manufacturer. Then note the required fields live FLC,starting time etc and forward the details to the Over load relay manufacturers. Specify your requirement for S/C,O/C etc. He will suggest you the required relay.