The Swastika Infra IPO began on 23-September-2026. It will close on 25-September-2026. The Total IPO Size is 161 Crores. The company set its IPO price at Rs 185 per share.
There are three basic categories in Swastika Infra IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Swastika Infra are an engineering, procurement and construction company, specializing in execution of power T&D infrastructure projects (“EPC Power Projects”).
They provide complete solutions on a turnkey basis, including the supply, erection, installation, testing, and commissioning of power infrastructure. Our scope of work extends to (i) underground cabling work, where we handle the laying, installation, and commissioning of high-voltage/low-voltage power cables to enhance efficiency and reduce power losses; (ii) construction of substations (Gas Insulated Substations /Air Insulated Substations/Grid Sub Station), ensuring seamless power distribution through installation of power transformers, circuit breakers, ring main unit, and other essential components; (iii) undertaking rural and urban electrification projects, which involves working towards expanding electricity access in underserved regions by implementing distribution networks, service connections, and feeder lines in compliance with government electrification schemes; (iv) installation of street lighting systems to enhance urban and rural infrastructure; and (v) Renewable energy works.
Swastika Infra IPO Promoters
Babulal Gupta, Vinay Gupta, Ruchira Gupta, Biren Parnami, Manoj Modi and Vatsalya Gupta are the promoters of the company.
Swastika Infra IPO Date, Details & Price Band
The Swastika Infra IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 23-September-2026 |
| IPO Closing Dates | 25-September-2026 |
| Price | 175-185 Rs |
| Fresh Issue | 129 Crores |
| Offer for sale | 32 Crores |
| Total IPO size | 161 Crores |
| Face Value | 10 INR per share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Pre IPO Market Cap | 631.22 Cr (on Upper Price) |
Swastika Infra IPO Market Lot
The Swastika Infra IPO minimum market lot is 81 shares, with a ₹14,985 application amount.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 81 | ₹14,985 |
| Retail Maximum | 13 | 1053 | ₹1,94,805 |
| S-HNI Minimum | 14 | 1134 | ₹2,09,790 |
| S-HNI Maximum | 66 | 5346 | ₹9,89,010 |
| B-HNI Minimum | 67 | 5427 | ₹10,03,995 |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 412.24 | 505.57 | 41.43 |
| 31-Mar-25 | 258.54 | 352.60 | 27.45 |
| 31-Mar-24 | 143.26 | 211.33 | 13.98 |
Swastika Infra IPO GMP & Grey Market Premium
The Swastika Infra IPO GMP (Grey Market Premium) has started today. Check the Latest Swastika Infra IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Swastika Infra IPO Prospectus
The Swastika Infra IPO Prospectus is Available on the Swastika Infra/BSE and SEBI websites, as well as on our Portal. Please click here to download the Swastika Infra IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investors List | Download |
Swastika Infra IPO Allotment Date & Details
| Allotment Date | 28-September-2026 |
| Initiation of refunds | 29-September-2026 |
| Transfer of shares to Demat accounts | 29-September-2026 |
| Listing Date | 30-September-2026 |
| Check Allotment Status | Click here |
Swastika Infra IPO Registrar
MUFG INTIME INDIA PRIVATE LIMITED
(Formerly known as Link Intime India Private Limited)
C-101, 1st Floor, 247 Park, Lal Bhadur Shastri Marg, Vikhroli (West),
Mumbai 400 083, Maharashtra, India
Telephone: +91 810 811 4949
Email: swastikainfra.ipo@in.mpms.mufg.com
Website: www.linkintime.co.in
Investor Grievance Email: swastikainfra.ipo@in.mpms.mufg.com
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR00000405
Swastika Infra IPO Contact Address
Swastika Infra IPO Ltd.
Address : Plot no.14 &15, First Floor,
Gajraj Apartment Motilalatal Road Opposite Hotel Neelam Jaipur,
Rajasthan, 302001
+91 9116135709
cs@swastikainfra.com
Swastika Infra IPO Lead Managers
PHILLIPCAPITAL (INDIA) PRIVATE LIMITED
Registered Address: No.1, 18th Floor, Urmi Estate, 95,
Ganpatrao Kadam Marg, Lower Parel
West, Mumbai – 400 013, Maharashtra,
India
Telephone: +91 22 2483 1919
Contact Person: Sudhir Salian
E-mail: projectinfra-pc@phillipcapital.in
Website: www.phillipcapital.in/
Investor Grievance E-mail:
mbcustomeraffairs@phillipcapital.in
SEBI Registration No.: INM000012458
SRUJAN ALPHA CAPITAL ADVISORS LLP
Registered Address: 112A, 1st floor, Arun Bazar, S.V. Road, Beside Bank of
India, Malad (West), Mumbai – 400 064, Maharashtra, India
Corporate Office: 1814/1815, 9, Business Bay, Mindspace, Chincholi
Bunder, Malad West, Mumbai- 400064, Maharashtra
Telephone: +91 22 4014 3173
Contact Person: Jinesh Doshi
E-mail: projectinfra@srujanalpha.com
Website: www.srujanalpha.com
Investor Grievance E-mail: partners@srujanalpha.com /
jinesh@srujanalpha.com
SEBI Registration No.: INM000012829