Swastika Infra IPO Details
Swastika Infra IPO Summary
Swastika Infra IPO opens for subscription on 23 Sep 2026 and closes on 25 Sep 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 30 Sep 2026.
Swastika Infra IPO price band has been fixed at ₹175 – ₹185 per share. The face value is ₹10 per share with a lot size of 81.
Swastika Infra IPO total issue size comprises 86,95,946 shares (aggregating up to ₹160.87 Cr). This includes a fresh issue of 69,45,946 shares (aggregating up to ₹128.50 Cr). Offer for Sale consists of 17,50,000 shares (aggregating up to ₹32.38 Cr).
Swastika Infra IPO carries a ₹3 (1.62%) GMP, reflecting investor sentiment.
Swastika Infra IPO Lot Size :Retail Minimum is 1 lot (81 shares) amounting to ₹14,985. Retail Maximum is 13 lots (1,053 shares) amounting to ₹1,94,805. SHNI Minimum is 14 lots (1,134 shares) amounting to ₹2,09,790. SHNI Maximum is 66 lots (5,346 shares) amounting to ₹9,89,010. BHNI Minimum is 67 lots (5,427 shares) amounting to ₹10,03,995.
Swastika Infra IPO Details
Swastika Infra IPO Dates
- 23 Sep 2026Opening dateOpen
- 25 Sep 2026Closing dateClose
- 28 Sep 2026Allotment Date Allotment
- 29 Sep 2026Initiation of RefundsRefund
- 29 Sep 2026Credit of SharesCredit
- 30 Sep 2026Listing dateListing
Swastika Infra IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 81 | ₹14,985 |
| Retail Maximum | 13 | 1053 | ₹1,94,805 |
| SHNI Minimum | 14 | 1134 | ₹2,09,790 |
| SHNI Maximum | 66 | 5346 | ₹9,89,010 |
| BHNI Minimum | 67 | 5427 | ₹10,03,995 |
Swastika Infra IPO Reservation
Promoter Holding
Documents
Swastika Infra IPO Valuations
Swastika Infra Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 156.06 | 143.26 | 97.96 | 81.69 |
| Total Income | 100.52 | 211.33 | 154.32 | 59.54 |
| Profit After Tax | 5.97 | 13.98 | 10.25 | 2.95 |
| NET Worth | 55.52 | 49.57 | 35.59 | 20.57 |
| Reserves and Surplus | 30.77 | 24.82 | 10.84 | 0.57 |
| Amount in ₹ Crore | ||||
About Swastika Infra IPO
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.
Strength Of Swastika Infra IPO
- Strong project management and execution capabilities
- Growing Order Book with Central Government and Multilateral Institution-Funded Projects.
- Strong and consistent financial performance.
- Asset Light Model.
- Experience Promoters, Directors, and Management Team.
Risk Of Swastika Infra IPO
- Our revenue is majorly concentrated from projects undertaken or awarded by government utilities. Any adverse changes in the government policies may lead to our contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on our business and results of operations.
- Our present orderbook consist large-scale projects. Any delay or impediment to such projects may have adverse impact on our financial position.
- We enter into related party transactions in the ordinary course of our business and we cannot assure you that such transactions will not adversely affect our business, results of operations, profitability and margins, cash flows and financial condition.
- Our credit rating was downgraded during the Fiscal 2022.
- Our ability to access capital at attractive costs depends on our credit ratings. Non-availability of credit ratings or a poor rating may restrict our access to capital and thereby adversely affect our business and results of operations. In past, we have been classified as "Issue not Cooperating" by certain credit rating agencies due to non-renewal of mandate of such agencies.
- EPC Power projects are typically awarded to us on satisfaction of prescribed qualification criteria and following a competitive bidding process. Our business and our financial condition may be adversely affected if new EPC power projects are not awarded to us or if contracts awarded to us are prematurely terminated.
- We may not be able to adequately protect our intellectual property, which could harm the value of our brand and services.
- Our ongoing projects are exposed to various implementation risks and uncertainties and may be delayed, modified or cancelled for reasons beyond our control and in the last three financial years and the stub period, we have experienced delays in completion of most of our projects.
- We have sustained negative cash flows from operating activities in the past and may experience earnings declines or operating losses or negative cash flows from operating activities in the future.
- Our business is subject to seasonal variations and we may not able to accurately forecast our project schedule which could have an adverse effect on our cash flows, business, results of operations and financial condition.
Objectives Swastika Infra IPO
- Funding incremental working capital requirements of our Company
- General corporate purposes
Company Contact Details
Swastika Infra Limited
Plot no.14 &15, First Floor, Gajraj Apartment
Motilalatal Road, Opposite Hotel Neelam,
Jaipur – 302 001, Rajasthan, India
Phone: +91 9116135709
Email: cs@swastikainfra.com
Website: https://swastikainfra.com/
Registrar Contact Details
Swastika Infra FAQs
The Swastika Infra IPO is a MAINBOARD public issue comprising 8695946 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹160.87 Cr. The issue price has been fixed at ₹185 per equity share, and the minimum application size is 81 shares.
The IPO opens for subscription on 23 Sep 2026, and closes on 25 Sep 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹3 (1.62%).
Quick Links
Comments
