Swastika Infra IPO
Swastika Infra opens for subscription on 23 Sept 2026 and closes on 25 Sept 2026, at a price band of ₹175 – ₹185 with a lot of 81 shares. Listing is expected on 30 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
23 Sept 2026
Closes
25 Sept 2026
Allotment
28 Sept 2026
Listing
30 Sept 2026
IPO details
| Price band | ₹175 – ₹185 |
|---|---|
| Lot size | 81 shares |
| Minimum investment | ₹14,985 |
| Issue size | ₹160.88 crore |
| Face value | ₹10 per share |
| Board | Mainboard |
| Listing at | BSE & NSE |
| Retail quota | 35% |
| EPS | ₹15.7 |
| RoNW | 35.44% |
Grey market premium (GMP)
Last reported GMP: ₹6 (3.2%), an unofficial estimated listing price near ₹191 or about ₹486 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 7.80 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.71× | 1.99× | 0.74× | 1× |
| Day 2 | 1.02× | 2.71× | 1.66× | 1.7× |
| Day 3 | 3.31× | 19.3× | 5.44× | 7.8× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 81 | ₹14,985 |
| Retail (max) | 13 | 1,053 | ₹1,94,805 |
| sHNI (min) | 14 | 1,134 | ₹2,09,790 |
| sHNI (max) | 66 | 5,346 | ₹9,89,010 |
| bHNI (min) | 67 | 5,427 | ₹10,03,995 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 211.33 | 192.5 | 13.98 |
| FY25 | 352.6 | 315.58 | 27.46 |
| FY26 | 505.57 | 450.23 | 41.43 |
About Swastika Infra
Swastika Infra Limited was founded in 1969 and made a reputation in the Power Distribution EPC infrastructure industry. After completing large-scale power distribution infrastructure projects, it transitioned into the power EPC business in 2011. In 2019, they transferred their foundation into a company, as they are innovative and excellent in their work.
Due to 12 years of expertise in EPC, they are advanced in the conceptualization, design, supply, installation, testing, and commissioning of power projects on a turnkey basis. Their team of 100 employees, including 70 skilled professionals, is the foundation of its operations. Further, they are committed to shaping a strong future through sustainable and efficient energy solutions.
Objects of the issue
- Funding of incremental working capital requirements of the Company.
- General Corporate Purpose
Allotment status and registrar
MUFG Intime India Private Limited is the registrar. After 28 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: + 91 810 811 4949 · nsdl.ipo@linkintime.co.in
Lead managers and offer documents
- Srujan Alpha Capital Advisors LLP
- PhillipCapital (India) Private Limited
Swastika Infra IPO: FAQs
When does the Swastika Infra IPO open and close?
The Swastika Infra IPO opens on 23 Sept 2026 and closes on 25 Sept 2026.
What is the Swastika Infra IPO price band?
The price band is ₹175 – ₹185 per share (face value ₹10).
What is the Swastika Infra IPO lot size?
One lot is 81 shares, so the minimum investment is ₹14,985 at the upper price band.
When is the Swastika Infra IPO allotment date?
Allotment is expected on 28 Sept 2026. Check the status on the registrar's site (MUFG Intime India Private Limited) or the BSE/NSE allotment pages using your PAN.
When will Swastika Infra shares list?
Listing is expected on 30 Sept 2026 on BSE & NSE.
What is the Swastika Infra IPO GMP today?
The grey market premium was about ₹6 (3.2%) when this page was last updated, implying an unofficial estimated listing near ₹191. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.