
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
Overall Subscription
7.91x
Total Demand
QIB Multiplier
3.31x
Institutions & Funds
NII / HNI
19.35x
High Net-Worth
Retail (RII)
5.64x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,739,191 | 5,755,941 | 3.31x |
| NIB | 1,304,392 | 25,233,525 | 19.35x |
| HNIs(10L +) | 869,595 | 18,189,522 | 20.92x |
| HNIs (2-10L) | 434,797 | 7,044,003 | 16.20x |
| RETAIL | 3,043,581 | 17,160,822 | 5.64x |
| Total | 7,391,556 | 73,383,813 | 7.91x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 37,575 | 186,297 | 4.96x |
| HNIs(10L +) | 767 | 3,292 | 4.29x |
| HNIs (2-10L) | 383 | 6,104 | 15.94x |
| Total Applications | 38,725 | 195,693 | 5.05x |
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 Swastika Infra Limited IPO aggregate issue size is ₹86,95,946 Crores with an equity price band set at ₹175 to ₹185 per equity share. The retail lot size is 81 shares requiring a minimum capital outlay of approx. ₹14,985.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-28.