Swastika Infra Limited
ListedEPC Power Projects · Mainboard IPO · INE1QJA01015
Price band
₹175 – ₹185
Lot size
81 shares
Min. investment
₹14,985
Issue size
₹161 Cr
Face value
₹10
Registrar
MUFG Intime India Pvt.Ltd.
Issue timeline
Bidding opens
23 Sept 2026
Bidding closes
25 Sept 2026
Allotment
28 Sept 2026
Listing
30 Sept 2026
Final subscription
7.91x
overall
1,95,693
applications
₹891 Cr
bid value
| Category | Sub. (x) | Offered | Bid for | ₹ Cr* |
|---|---|---|---|---|
| Qualified Institutional (QIB) | 3.31x | 17,39,191 | 57,55,941 | 106 |
| Non-Institutional >₹10L (bNII) | 20.92x | 8,69,595 | 1,81,89,522 | 337 |
| Non-Institutional ₹2–10L (sNII) | 16.2x | 4,34,797 | 70,44,003 | 130 |
| Retail (RII) | 5.64x | 30,43,581 | 1,71,60,822 | 317 |
| Total | 7.91x | 60,87,164 | 4,81,50,288 | 891 |
Combined NSE + BSE subscription, sourced from the exchanges and updated periodically. * bid value approx (shares bid × cut-off price). Final subscription confirmed after the issue closes.
About the company
Swastika Infra Limited is an Engineering, Procurement, and Construction (EPC) company specializing in power distribution infrastructure projects and the sale of electrical products.
Issue details
Issue size
₹161 Cr
Fresh issue
₹129 Cr
Offer for sale
₹32 Cr
Industry
EPC Power Projects
Promoter holding (pre)
76.51
Promoter holding (post)
57.41
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 211.33 | 352.60 | 505.57 |
| EBITDA | 23.71 | 43.89 | 70.85 |
| Profit after tax | 13.98 | 27.45 | 41.43 |
| Net worth | 49.57 | 77.02 | 156.78 |
| Total assets | 143.26 | 258.54 | 412.24 |
| Total borrowing | 43.82 | 111.02 | 114.64 |
Objects of the issue
- Funding of incremental working capital requirements of the Company.
- General corporate purposes.
Strengths
- End-to-end turnkey solutions for power infrastructure.
- Experience in executing large-scale projects.
- Diverse portfolio including rural and urban electrification.
Risks
- Dependence on government contracts for revenue.
- Competition from other EPC companies.
- Fluctuations in raw material prices.
Documents
Calculate your bid
At cut-off price ₹185
Lots
1
- Shares
- 81
- Amount
- ₹14,985
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login