Business Overview
Swastika Infra is a mainboard IPO with an issue size of ₹160.88 Cr. The issue will be available for subscription from 2026-09-23 to 2026-09-25, with listing expected on 2026-09-30.
23 Sept 2026 – 25 Sept 2026
₹175-185
₹161 Cr
81
30 Sept 2026
NSE, BSE
Swastika Infra is a prominent corporate entity operating in the Infrastructure & Construction Engineering segment. Incorporated in India, the enterprise specializes in civil infrastructure development, residential/commercial construction contracts, and capital equipment execution. Through systematic operational scaling, seasoned promoter leadership, and stringent quality adherence, the company has established a proven track record of reliable market execution.
The company is raising capital through this public issue of ₹161 Cr on the BSE & NSE Mainboard exchange platform. The bidding window opens on 23 Sept 2026 and closes on 25 Sept 2026, with equity shares offered within a price band of ₹175 to ₹185 per share.
NSE, BSE
Mainboard Tierkfintech
Official RegistryDisclosed in RHP
Book Running Merchant₹2 per share
Equity Par ValueProceeds generated from the net public issue of ₹161 Cr will be utilized by Swastika Infra towards the following statutory corporate objectives:
₹9.5
+5.1% Expected₹195
Cap Price + GMP+₹770
81 shares × GMPModerate
High: ₹9.5 · Low: ₹9.5Exchange data verified as of 10:23 pm
Understanding Allotment Odds:
Retail allotment is decided by a SEBI electronic lottery if the category is oversubscribed (>1.0x). HNI / NII allotment is proportional for small HNI and big HNI tiers.
Retail investors can apply for a maximum of 13 lots (up to ₹2 Lakh). Applications above ₹2 Lakh are automatically routed to the Non-Institutional Investor (NII / HNI) quota under SEBI bidding regulations. Cut-off price is mandatory for retail validity.
11.78x
Based on upper price band
₹676 Cr
Post-issue valuation
₹2 per share
Par equity value
18.40%
Weighted 3-year average
₹70
Per share prior to issue
₹16
Diluted FY25/26 annualised
The total public issue of ₹161 Cr comprises a Fresh Issue for capital expansion and working capital requirements, alongside an Offer for Sale (OFS) by promoter entities. Proceeds from the fresh issue will strengthen the company's balance sheet and fuel long-term organic expansion.
Mutual funds, foreign portfolio investors (FPIs), banks, and domestic insurance.
Divided into Small HNI (1/3rd, ₹2L–₹10L) and Big HNI (2/3rds, >₹10L).
Reserved exclusively for retail public investors with lottery-based allotment.
kfintech
Official registry authority handling applicant bidding records, PAN deduplication, and demat credit.
Swastika Infra is a mainboard IPO with an issue size of ₹160.88 Cr. The issue will be available for subscription from 2026-09-23 to 2026-09-25, with listing expected on 2026-09-30.
Issue size of 160.88 Cr suggests a small offering. Overall subscription of 1x indicates moderate investor demand. Current grey-market premium of ₹9.5 (5.1%) signals mild market sentiment.
Price band set at ₹175–185 per share, a 6% range. Minimum retail investment of ₹14,985.
QIB portion subscribed 0.71x — institutional demand is muted. NII portion subscribed 1.99x reflecting moderate high-net-worth interest. Retail portion subscribed 0.74x indicating subdued retail participation. Overall subscription of 1x. GMP of ₹9.5 (5.1%) implies an estimated listing price of ₹194.5.
Mainboard IPO — regulated by SEBI with higher disclosure standards.
This analysis is generated algorithmically from available data. It is not investment advice. Please consult a registered financial advisor before making investment decisions.