
Capital Goods · NSE / BSE
Swastika Infra Limited, incorporated in August 2019, is an Engineering, Procurement, and Construction (EPC) company focused on power distribution infrastructure projects and the sale of electrical products. The Company provides end-to-end turnkey solutions covering procurement, supply, erection, installation, testing and commissioning of power infrastructure. Its EPC services include underground cabling, construction of GIS and AIS substations, rural and urban electrification projects, and street lighting installation. Along with EPC power projects, the Company also trades electrical products such as power cables and other electrical items, with EPC activities forming the core of its business.
Price Band
₹175 – ₹185
Issue Size
₹869.59 L Cr
Lot Size
81 shares
GMP
+2.4%
Est. Listing
₹189.5
at current GMP
Subscribed
7.91x
overall
Open
23 Sep 2026
Close
25 Sep 2026
Allotment
28 Sep 2026
Refund
29 Sep 2026
Demat Credit
30 Sep 2026
Listing
30 Sep 2026
Last updated: 25 Sept 2026
Current Premium
Issue Price (Upper)
₹185
Band: ₹175 – ₹185
Estimated Listing Price
₹189.5
Upper price + GMP
Lot Size
81 shares
Min investment ₹14,985
Estimated Profit / Lot
₹364.5
81 × ₹4.5
Grey Market Premium trend
+₹4.5
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹4.5 | 2.4% | ₹189.5 |
| 26 Sep 2026 | +₹4.5 | 2.4% | ₹189.5 |
| 25 Sep 2026 | +₹4 | 2.2% | ₹189 |
GMP is unofficial market data. Not a guarantee of listing performance.
Swastika Infra Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹86,95,946 Crores. The shares are offered at a price band of ₹175 to ₹185 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-25, the basis of allotment is scheduled to be finalized on 2026-09-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Swastika Infra Limited IPO is ₹4.5, which indicates an expected listing price of ₹189.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.