Swastika Infra is a Mainboard IPO scheduled to open on September 23, 2026, and close on September 25, 2026. The IPO has an issue size of approximately ₹160.88 crore, with a price band of ₹175 to ₹185 per share.
Swastika Infra IPO open date is September 23, 2026 and the IPO will close on September 25, 2026. Swastika Infra IPO is a Book Built Issue. The company to raise around ₹160.88 crores via IPO that comprises fresh issue of ₹128.50 crores and offer for sale up to 17,50,000 equity shares with face value of ₹10 each.
Swastika Infra IPO price band is ₹175 to ₹185 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Swastika Infra IPO to list on BSE, NSE on September 30, 2026. The allotment of Swastika Infra IPO date is September 28, 2026.
The company reported revenue of ₹505.57 crores in 2026 against ₹352.60 crore in 2025. The company reported profit of ₹41.43 crores in 2026 against profit of ₹27.46 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.
Swastika Infra IPO – Key Details
| Particular | Details |
|---|---|
| Company Name | Swastika Infra |
| IPO Type | Mainboard IPO |
| IPO Open Date | September 23, 2026 |
| IPO Close Date | September 25, 2026 |
| Price Band | ₹175 – ₹185 per share |
| Issue Size | ₹160.88 Crore |
| Issue Type | Book Built Issue |
| Listing | BSE & NSE |
| Lot Size | As per final issue documents |
| Allotment | September 28, 2026 |
| Tentative Listing | September 30, 2026 |
The company is among the mainboard IPOs scheduled to enter the Indian primary market during the week of September 23, 2026.
About Swastika Infra
Swastika Infra operates in the infrastructure and construction-related segment. The company has been expanding its business and is raising capital through the public issue to support its stated corporate requirements.
According to recent IPO reports, the company recorded FY2026 revenue of around ₹503.57 crore, while its revenue growth has also been highlighted in coverage of its IPO.
Swastika Infra IPO Price Band
The IPO price band has been fixed at ₹175 to ₹185 per share.
Investors should use the upper price of ₹185 when calculating the application amount once the final market lot is confirmed in the issue documents.
Swastika Infra IPO GMP Today
The Swastika Infra IPO GMP is being tracked ahead of the September 23 opening. GMP represents an unofficial grey-market premium and can change frequently before listing. It is not an official exchange price and does not guarantee the actual listing price.
For accurate GMP updates, investors should check the latest figure on the day of application rather than relying on an older quote.
Swastika Infra IPO Important Dates
| Event | Date |
|---|---|
| IPO Opens | September 23, 2026 |
| IPO Closes | September 25, 2026 |
| Allotment | September 28, 2026 |
| Refund/Unblocking | September 29, 2026 |
| Demat Credit | September 29, 2026 |
| Listing | September 30, 2026 |
These dates are based on currently reported IPO schedules and may be revised.
Swastika Infra IPO – What Investors Should Check
Before applying for the IPO, investors should review:
- Company's revenue and profit
- Debt and financial position
- IPO valuation
- Use of IPO proceeds
- Promoter and management details
- Infrastructure-sector risks
- Customer and project concentration
- Subscription data
- Latest GMP
- Risks disclosed in the RHP
The RHP and final offer documents should be used for the most authoritative information about the issue.
About Company
Incorporated in August 2019, Swastika Infra Limited is an Engineering, Procurement, and Construction (EPC) company specializing in power distribution infrastructure projects and the sale of electrical products.
The company provides end-to-end turnkey solutions for power infrastructure, covering procurement, supply, erection, installation, testing, and commissioning. Its EPC activities include underground cabling, construction of GIS and AIS substations, rural and urban electrification projects, and installation of street lighting systems.
The company also undertakes the trading of electrical products, including power cables and other electrical items. While EPC Power Projects remain its primary focus, the sale of electrical products forms part of its business operations.
Strengths
Strong Project Execution Capabilities: The company has strong project management and execution capabilities, supporting its ability to undertake end-to-end power distribution infrastructure projects.
Growing Government-Funded Order Book: The company has a growing order book comprising projects funded by central government and multilateral institutions. This provides visibility for its ongoing and future project execution.
Consistent Financial Performance: The company has demonstrated strong and consistent financial performance, supporting its operations and growth across its EPC power infrastructure business.
Risk Factors
Dependence on Government Projects: The company's revenue is majorly concentrated from projects undertaken or awarded by government utilities. Adverse changes in government policies could result in contracts being foreclosed, terminated, restructured, or renegotiated, which may materially affect its business and results of operations.
Large-Scale Project Execution Risk: The company's present order book consists of certain large-scale projects. Any delay or impediment in the execution of these projects could adversely affect its financial position.
Order Book Concentration Risk: The company's order book includes certain large-scale projects, making timely execution important for its financial performance. Any significant delay or impediment affecting these projects may adversely impact its financial position.
Conclusion
Swastika Infra IPO 2026 is a ₹160.88 crore Mainboard issue with a price band of ₹175–₹185 per share. The IPO is scheduled for September 23–25, 2026. Investors should examine the company's financials, valuation, offer documents, subscription figures and associated risks before making an investment decision
Swastika Infra IPO FAQ
What is Swastika Infra IPO?
Swastika Infra IPO is a Mainboard public issue with an issue size of approximately ₹160.88 crore.
When will Swastika Infra IPO open?
The IPO is scheduled to open on September 23, 2026.
When will Swastika Infra IPO close?
The IPO is scheduled to close on September 25, 2026.
What is the Swastika Infra IPO price?
The price band is ₹175 to ₹185 per share.
What is Swastika Infra IPO GMP today?
GMP is an unofficial grey-market indicator and may change during the IPO period. Investors should check the latest available GMP before applying.
When is Swastika Infra IPO allotment?
The tentative allotment date is September 28, 2026.
When will Swastika Infra shares be listed?
The tentative listing date is September 30, 2026.