Swastika Infra IPO

Upcoming Mainboard
Min Investment
₹14,985
81 Shares
Min Investment
₹14,985 · 81 Shares
Open Sept 23
Close Sept 25
Allotment Sept 28
Refund Sept 29
Demat Sept 29
Listing Sept 30

Market Sentiment

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IPO Details

Issue Price₹175-185 per equity share
Face Value₹10 Per Equity Share
Lot Size 81 shares (Min ₹14,985)
Total Issue Size ₹160.88 crore
Fresh Share₹200.00 crore
Offer For Sale₹32.38 crore
Issue TypeBook Built Issue
Lead Manager Srujan Alpha Capital Advisors LLP , PhillipCapital (India) Private Limited
Registrar MUFG Intime India Private Limited
Listing atBoth

IPO Reservation

Reservation details not available yet
This section updates automatically once data is available.

Return Estimator (GMP*)

Category Investment Expected Profit
1 Lot (81 shares) ₹14,985 +₹0
GMP (Rumour*) +₹0
Exp. Listing ₹185
Return +0.0%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data
EPS (Pre)
Rs 5.65
EPS (Post)
Rs 12.14
P/E (Pre)
12.13x
P/E (Post)
15.24x
ROE
32.84%
ROCE
25.15%
RoNW
32.84%
EBITDA Margin
11.31%
Debt/Equity
0.88
NAV/Share
Rs 20.03
Market Cap
Rs 631 Cr
Revenue Growth
36.94%
Profit Margin
6.62%
Financial Performance
Metric 2022 2023 2024 June 2024
Revenue 59.54 154.32 211.33 100.52
Expense 55.29 140.42 192.50 92.46
Profit (PAT) 2.95 10.25 13.98 5.97
Total Assets 81.69 97.96 143.26 156.06
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV
Rajesh Power Services Limited 17.10 52.34 30.87 55.40
Promoters & Holding Pattern

Promoters: Babulal Gupta, Vinay Gupta, Ruchira Gupta, Biren Parnami, Manoj Modiand Vatsalya Gupta

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 2,07,90,000 76.51%
Promoter Holding Post Issue 1,95,87,000 57.41%

Strengths & Risks

Strengths
  • Revenue grew 37% in the latest reported year.
  • Strong return on equity — 33%.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns

Risk signals for Swastika Infra will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Swastika Infra

Swastika Infra Limited was founded in 1969 and made a reputation in the Power Distribution EPC infrastructure industry. Making large-scale power distribution infrastructure projects, they were turned into power EPC business in 2011. In 2019, they transferred their foundation into a company, as they are innovative and excellent regarding 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.

Company Contact Information

Swastika Infra IPO Limited, Plot No. 14 & 15 , First Floor,, Gajraj Apartment, Opp. Neelam Hotel,, Motilal Atal Road,, Jaipur – 302001, Rajasthan

Objects of the Issue
Purpose Amount (Cr)
Funding of incremental working capital requirements of the Company. 145.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
September 22, 2026
Lock-in End (30 Days, 50%)
October 28, 2026
Lock-in End (90 Days, 50%)
December 27, 2026
Swastika Infra IPO — Quick Take

Swastika Infra has set a price band of Rs 175–Rs 185 per share for an issue size of Rs 161 crore. The Mainboard issue is scheduled to open for subscription on September 23, 2026 — 5 days from now.

Swastika Infra Limited was founded in 1969 and made a reputation in the Power Distribution EPC infrastructure industry. Making large-scale power distribution infrastructure projects, they were turned into power EPC business in 2011.

The issue is promoted by Babulal Gupta, Vinay Gupta, Ruchira Gupta, Biren Parnami, Manoj Modiand Vatsalya Gupta with Srujan Alpha Capital Advisors LLP, PhillipCapital (India) Private Limited acting as lead manager. Net proceeds will primarily be used towards Funding of incremental working capital requirements of the Company. (Rs 145 crore) and General Corporate Purpose.

At the upper end of the price band, the issue is priced at a post-issue P/E of 15.24x. On fundamentals, the company is posting revenue growth of 36.9%, a profit margin of 6.6%, return on equity of 32.8% in its most recent reported period. Listed peers in this segment include Rajesh Power Services Limited (P/E 52.34x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of Swastika Infra IPO is Rs 175 to Rs 185 per share. Face value is Rs 10 per share.

The total issue size of Swastika Infra IPO is Rs 161 crore, comprising fresh issue of Rs 200 crore and offer for sale (OFS) of Rs 32 crore.

Retail investors must apply for a minimum of 1 lot of 81 shares, requiring an investment of Rs 14,985. Maximum retail application is 13 lots (1053 shares, approx Rs 1,94,805).

Swastika Infra IPO opens for subscription on September 23, 2026 and closes on September 25, 2026. Anchor investor bidding is scheduled for September 22, 2026.

The expected allotment date for Swastika Infra IPO is September 28, 2026. Refunds for unsuccessful applicants are expected on September 29, 2026. Shares are scheduled to be credited to demat accounts on September 29, 2026.

Swastika Infra IPO is scheduled to list on September 30, 2026 on both BSE and NSE.

The registrar for Swastika Infra IPO is MUFG Intime India Private Limited. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Swastika Infra IPO are Srujan Alpha Capital Advisors LLP, PhillipCapital (India) Private Limited.

The promoter(s) of Swastika Infra are Babulal Gupta, Vinay Gupta, Ruchira Gupta, Biren Parnami, Manoj Modiand Vatsalya Gupta.

You can apply for Swastika Infra IPO online before 25 Sept 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 14,985 for 1 lot of 81 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Swastika Infra in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 81 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Swastika Infra IPO GMP — What It Means

No active grey market premium has been recorded for Swastika Infra IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Swastika Infra GMP history and trend, or learn how grey market premium works and how reliable it is.

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