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Swastika Infra Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹185
₹185
GMP (Grey Market)
+₹5
+2.7%
Est. Listing Price
₹190
Based on GMP
Min. Investment
₹14,985
1 lot × 81 shares
Subscribed
5.86x
Over-subscribed
IPO Details
Open Date
23 Sep 2026
Close Date
25 Sep 2026
Allotment
28 Sep 2026
Listing Date
30 Sep 2026
Exchange
NSE & BSE
Price Band
₹185
Listing Price
See chart
Allotment Status
Price Band
₹185
Per share
Face Value
₹10 per share
 
Lot Size
81 Shares
per lot
Issue Size
86,95,945 shares (agg. up to ₹161 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,985
1 lot
P/E (Pre)
11.78x
 
P/E (Post)
15.24x
 
EPS (Pre)
₹15.70
 
EPS (Post)
₹12.14
 
UPI Deadline
5:00 PM on 25 Sep 2026
Mandate
GMP
+₹5
+2.7% est.
Anchor AllotmentTue, 22 Sep 2026
Basis of AllotmentMon, 28 Sep 2026
Refund InitiationTue, 29 Sep 2026
Demat CreditTue, 29 Sep 2026
Listing DayWed, 30 Sep 2026
UPI Mandate Deadline5:00 PM on 25 Sep 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares69,45,945 shares (agg. up to ₹128 Cr)
Offer for Sale17,50,000 shares of ₹10 (agg. up to ₹32 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Swastika Infra Ltd IPO subscribed 5.86 times overall. Retail: 5.53x. QIB: 2.06x. NII: 19.29x. By 25 Sep 2026.
QIB
2.06x
Over
NII/HNI
19.29x
Over
Retail
5.53x
Over
Total
5.86x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 2.06x
4,347,970
— ₹80.44
NII / HNI
Over 19.29x
1,304,394
— ₹24.13
Retail
Over 5.53x
3,043,581
— ₹56.31
Total 5.86x
8,695,945
100% ₹160.87
IPO Shares Offered
Swastika Infra Ltd IPO total issue size: ₹160.87 Cr. Retail: ₹56.31 Cr. QIB: ₹80.44 Cr. NII: ₹24.13 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 4,347,970 ₹80.44
50.00%
NII 1,304,394 ₹24.13
15.00%
Retail 3,043,581 ₹56.31
35.00%
Total 8,695,945 ₹160.87
100.00%
* Based on upper price band ₹185 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 1,304,394 3,043,581 4,347,975
Allotment price (₹) 185 185 185 185 185 185 185 185
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹56.31 ₹56.31
Times subscribed 2.06x — — — — 19.29x 5.53x 5.86x
Shares allotted — — — — — 1,304,394 3,043,581 4,347,975
No. of allottees — — — — — — — —
* Upper price band ₹185 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
81
Shares per Lot
Issue Price
₹185.00
Upper Band
Min Investment
₹14,985
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2162₹29,970
Retail (Max — 13 Lots)131,053₹194,805
S-HNI (Min — 14 Lots)141,134₹209,790
B-HNI (Min — 68 Lots)685,508₹1,018,980
* Issue Price ₹185 × Lot Size 81 shares
IPO Schedule
Anchor
22 Sep 2026
✓ Done
IPO Open
23 Sep 2026
✓ Done
IPO Close
25 Sep 2026
✓ Done
Allotment
28 Sep 2026
✓ Done
Refunds
29 Sep 2026
✓ Done
Demat Credit
29 Sep 2026
✓ Done
Listing Day
30 Sep 2026
✓ Done
Swastika Infra Ltd — Live Price LIVE
₹185.00
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Issue ₹185.00 GMP: +₹5 Live Price
About Swastika Infra Ltd
Incorporated in August 2019, Swastika Infra Limited is an Engineering, Procurement, and Construction (EPC) company specializing in power distribution infrastructure projects (EPC Power Projects) and the sale of electrical products.Business Verticals:EPC Power Projects: The company provides end-to-end turnkey solutions covering procurement, supply, erection, installation, testing, and commissioning of power infrastructure. The scope of work includes:Underground cabling work – Laying, installation, and commissioning of high-voltage/low-voltage power cables to enhance efficiency and reduce power losses.Construction of substations – Execution of Gas Insulated Substations (GIS) and Air Insulated Substations (AIS), including installation of power transformers, circuit breakers, and ring main units.Rural and urban electrification projects – Expanding electricity access in underserved regions by implementing distribution networks, service connections, and feeder lines under government schemes.Installation of street lighting systems – Enhancing urban and rural infrastructure through public lighting projects.Sale of Products: The company is engaged in the trading of electrical products, including the procurement and sale of power cables and other electrical items. While the primary focus is on EPC projects, this segment remains part of its operations.Projects & Presence:Completed Projects: Since 2012, the company has completed 34 EPC Power Projects across four Indian states, covering 8,519.50 circuit kilometres (CKM) with a total contract value of ₹60,410 Lakhs.Ongoing Projects: As of February 28, 2025, The company has 12 ongoing EPC Power Projects across five Indian states with an aggregate order value of Rs 1,47,815 Lakhs.Notable Projects:System Strengthening Works of Jaipur JCC Circle under Jaipur Discom in Rajasthan.Supply contract for rural electrification work in Dausa District.Rural electrification works in Sikar under Ajmer Discom, Rajasthan.Supply, erection, testing & commissioning of SCADA-compatible equipment in Jaipur City Circle (Divisions III, IV, and V).Operations & Workforce:As of February 28, 2025, the company had 104 full-time employees.
Objects of the Issue
1
Funding of incremental working capital requirements of the Company.
2
General corporate purposes.
Swastika Infra Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹154.3
31 Mar 2023
₹211.3
31 Mar 2024
₹100.5
30 Sep 2024
Profit After Tax (PAT)
₹10.3
31 Mar 2023
₹14.0
31 Mar 2024
₹6.0
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 100.52 211.33 154.32
EBITDA N/A N/A N/A
Profit After Tax (PAT) 5.97 13.98 10.25
Net Worth 55.52 49.57 35.59
Total Assets 156.06 143.26 97.96
Reserves & Surplus 30.77 24.82 10.84
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) 8.23 — —
P/BV Ratio
3.21
RoE
35.44
RoCE
25.76
RoNW
35.44
PAT Margin
8.23
Debt/Equity
0.88
Issue Structure & Shareholding
Total Shares Offered86,95,946
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter HoldingN/A
Post-Issue Promoter HoldingN/A
P/BV Ratio3.21
RoE35.44
RoCE25.76
Debt / Equity0.88
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Srujan Alpha Capital Advisors LLP
PhillipCapital India Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Swastika Infra Ltd IPO subscribed? ▲

Swastika Infra Ltd IPO is subscribed 5.86 times by Sep 25, 2026. Retail: 5.53x. QIB: 2.06x. NII: 19.29x.

Investor CategorySubscription
Qualified Institutional (QIB)2.06x
Non Institutional (NII/HNI)19.29x
Retail Individual5.53x
Total Subscription5.86x
What is Swastika Infra Ltd IPO retail subscription status? ▼

The Swastika Infra Ltd IPO retail category is subscribed 5.53 times as of 25 Sep 2026. The retail portion is oversubscribed.

How to subscribe Swastika Infra Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 Sep 2026 and closes 25 Sep 2026. Min investment: ₹14,985 (1 lot = 81 shares). UPI mandate: 5:00 PM on 25 Sep 2026.

How many times Swastika Infra Ltd IPO subscribed? ▼

The Swastika Infra Ltd IPO subscribed 5.86x overall. QIB: 2.06x, NII: 19.29x, Retail: 5.53x. Applications: from NSE/BSE.

How to check Swastika Infra Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Sep 2026. Refunds: on 29 Sep 2026.

When Swastika Infra Ltd IPO will be listed? ▼

The Swastika Infra Ltd IPO listing date is 30 Sep 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹185. Estimated listing: ₹190. GMP: +₹5.

When Swastika Infra Ltd IPO close? ▼

The Swastika Infra Ltd IPO closes on 25 Sep 2026, Friday. UPI mandate: 5:00 PM on 25 Sep 2026. Allotment: 28 Sep 2026. Listing: 30 Sep 2026.