Swastika Infra Shares List at 8% Premium on NSE
Swastika Infra made a strong stock market debut on Wednesday, September 30, 2026, with its shares listing at an 8.11% premium on the NSE. The stock opened at ₹200 apiece on both the NSE and the BSE against its IPO issue price of ₹185 per share.
The company’s ₹160.87 crore IPO was open for subscription from September 23 to September 25, 2026, and witnessed strong investor interest. The issue was subscribed 7.60 times by the end of the bidding period.
Swastika Infra IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹160.87 crore
- Fresh Issue: Up to ₹128.50 crore
- Offer for Sale (OFS): Up to ₹32.38 crore
- Face Value: ₹10 per equity share
- Price Band: ₹175 to ₹185 per share
- Lot Size: 81 shares
- Minimum Investment Amount (Retail Investor): ₹14,985 (81 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Srujan Alpha Capital Advisors LLP., Phillip Capital India Private Limited
- Registrar: MUFG Intime India Private Limited
Explore other Upcoming IPOs on BSE and NSE.
Swastika Infra IPO Overall Subscription Status
[September 25, 2026, 7:00 P.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
3.22x |
|
Non-Institutional Investors (NIIs) |
18.50x |
|
Retail Individual Investors (RIIs) |
5.39x |
|
Total |
7.60x |
About Swastika Infra Limited
Incorporated in 2019, Swastika Infra Limited is an EPC company focused on power transmission and distribution infrastructure. It provides turnkey services, including procurement, supply, installation, testing, and commissioning of electrical infrastructure.
Its portfolio covers underground cabling, gas-insulated and air-insulated substations, rural and urban electrification, street lighting, and renewable energy infrastructure.
As of July 31, 2026, the company had completed 36 projects across six Indian states, executed 18,579.47 km of distribution lines, and had an order book of 18 ongoing projects worth ₹2,036.65 crore.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
487.82 |
339.04
|
188.28 |
|
EBITDA |
70.85 |
43.89 |
23.71 |
|
Profit After Tax (PAT) |
41.43 |
27.45 |
13.98 |
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