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Swastika Infra Ltd IPO

NSE & BSE Bookbuilding IPO Fresh capital cum OFS Closed
GMP +₹5 +2.7% Est. Listing ₹190 P&L/Lot +₹405
Issue Price
₹185
Face ₹10
GMP
+₹5
+2.7% premium
Est. Listing
₹190
GMP based
Subscribed
5.86
⚠️ Moderate
Min Amount
₹14,985
1 lot · 81 shares
Lot Size
81
shares / lot
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Sep 2026
Wed Completed
Done
Close Date
25 Sep 2026
Fri Completed
Done
Allotment
28 Sep 2026
Mon Completed
Done
Refund
29 Sep 2026
Tue Completed
Done
Demat Credit
29 Sep 2026
Tue Completed
Done
Listing Date
30 Sep 2026
Wed Completed
Issue Details
Pricing & Size
Issue Price
₹185 Face ₹10
Lot Size
81 shares
Min Investment
₹14,985
Total Issue Size
86,95,945 shares (agg. up to ₹161 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
4347970.00
NII / HNI
1304394.00
Retail
3043581.00
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
-
Post-Issue Shareholding
-
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 81 ₹14,985
HNI / NII 67 5427 ₹10,03,995
Objects of Issue
2 objectives
1
Funding of incremental working capital requirements of the Company.
145.00 Cr
2
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Srujan Alpha Capital Advisors LLP
PhillipCapital India Pvt.Ltd.
IPO Timeline
Open
23 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
28 Sep
✓ Done
Listing
30 Sep
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
022-49186000
Email
swastikainfra.ipo@in.mpms.mufg.com
Company Contact
Email
cs@swastikainfra.com
Phone
+91 9116135709
Address
Plot no.14 &15, First Floor, Gajraj Apartment Motilalatal Road, Opposite Hotel Neelam, Jaipur, Rajasthan, India Jaipur, Rajasthan, 302001
Grey Market Premium
LIVE
Current GMP
+₹5
+2.7% vs Issue Price
Issue Price
₹185
Est. Listing
₹190
Lot Size
81 shares
P&L / Lot
+₹405
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
5.86
Overall Sub.
⚠️ Moderate
2.06
QIB
5.53
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2.06× 43,47,970 89,63,055 ₹165.82 Cr
NII / HNI (Total) 19.29× 13,04,394 2,51,56,899 ₹465.40 Cr
Retail Investors 5.53× 30,43,581 1,68,25,887 ₹311.28 Cr
Market Maker * 1× — — —
Total ** 5.86× 86,95,945 5,09,45,841 ₹942.50 Cr
* Based on ₹185.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
43,47,970
NII
13,04,394
Retail
30,43,581
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue100.52211.33154.32
PAT5.9713.9810.25
EBITDA———
Net Worth55.5249.5735.59
Total Assets156.06143.2697.96
Reserves30.7724.8210.84
Borrowings———
Key Financial Ratios
35.44
ROE
Return on Equity
25.76
ROCE
Return on Capital Employed
35.44
RONW
Return on Net Worth
8.23
PAT Margin
PAT / Revenue
0.88
D/E Ratio
Debt to Equity
3.21
P/BV
Price to Book Value
15.70
Pre EPS
EPS Pre-Issue
12.14
Post EPS
EPS Post-Issue
11.78
Pre P/E
P/E Pre-Issue
15.24
Post P/E
P/E Post-Issue
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.

Frequently Asked Questions
What is the issue price of Swastika Infra Ltd IPO?
The issue price of Swastika Infra Ltd IPO is ₹185 per share, face value ₹10.
What is the lot size?
Minimum lot size is 81 shares, requiring ₹14,985.
What are the IPO dates?
Opens 23 Sep 2026, closes 25 Sep 2026.
When is the listing date?
Tentative listing: 30 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹5, estimated listing ₹190 (+2.7%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Swastika Infra Ltd IPO · Expected 28 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Sep 2026
Refund Initiation
29 Sep 2026
Demat Credit
29 Sep 2026
Listing Date
30 Sep 2026
Quick Facts
Closed
GMP Signal
Bullish
+₹5
+2.7%
Issue Price
₹185
Face ₹10
Lot Size
81
shares / lot
Min Amount
₹14,985
1 lot
Est. Listing
₹190
GMP +₹5
Subscription
Overall5.86×
QIB2.06×
NII19.29×
Retail5.53×
Key Dates
Open
23 Sep Done
Close
25 Sep Done
Listing
30 Sep Done
Registrar
MUFG Intime India Pvt.Ltd
A
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