Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

SEBI has approved the Initial Public Offer (IPO) of Swastika Infra Ltd. on August 8, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Swastika Infra Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Srujan Alpha Capital Advisors LLP is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Swastika Infra IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Apr 1, 2025 |
| SEBI/Exchange approval received | Fri, Aug 8, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in August 2019, Swastika Infra Limited is an Engineering, Procurement, and Construction (EPC) company specializing in power distribution infrastructure projects (EPC Power Projects) and the sale of electrical products.
As of February 28, 2025, the company had 104 full-time employees.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 156.06 | 143.26 | 97.96 | 81.69 |
| Total Income | 100.52 | 211.33 | 154.32 | 59.54 |
| Profit After Tax | 5.97 | 13.98 | 10.25 | 2.95 |
| NET Worth | 55.52 | 49.57 | 35.59 | 20.57 |
| Reserves and Surplus | 30.77 | 24.82 | 10.84 | 0.57 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of incremental working capital requirements of the Company. | 145.00 |
| 2 | General corporate purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 25.15% |
| Debt/Equity | 0.88 |
| RoNW | 32.84% |
| PAT Margin | 6.67% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 84% |
Lead Manager Reports
Swastika Infra IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Swastika Infra IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Swastika Infra IPO using UPI as a payment gateway. Zerodha customers can apply in Swastika Infra IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Swastika Infra IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Swastika Infra IPO dates are not announced. Please check back again after some time.
Swastika Infra IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Swastika Infra IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Swastika Infra IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Swastika Infra IPO allotment status.
The Swastika Infra IPO listing date is not yet announced. The tentative date of listing is .