Swastika Infra IPO: GMP, subscription and allotment status

MainboardMUFG IntimeOpens23 Sept

0grey-market premium

GMP
0
0.0%as of 19 Sept, 17:10 IST
Est. listing
185
0.0% on issue price
Price band
185
Lot
81 shares
Min. 14,985

Allotment

Expected 28 Sept.

Allotment ~28 Sept

Dates

2325 Sept · allot 28 · list 30

Refunds and shares in your demat account on 29 Sept.

Issue details

Segment
Mainboard
Face value
₹10
Issue type
Book Built Issue
Fresh issue
₹128.50 Crores
Offer for sale
17,50,000 Equity Shares
Listing at
BSE & NSE
Registrar
MUFG Intime
NSE symbol

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 81 shares
14,985
Retail Maximum
13 lots, 1,053 shares
1,94,805
S-HNI Minimum
14 lots, 1,134 shares
2,09,790
S-HNI Maximum
66 lots, 5,346 shares
9,89,010
B-HNI Minimum
67 lots, 5,427 shares
10,03,995

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding of incremental working capital requirements of the Company.
128.09 Cr
General Corporate Purpose

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹505.57 Cr+43.4% on 2025

Profit, ₹ crore

₹41.43 Cr+50.9% on 2025

Assets, ₹ crore

₹412.24 Cr+59.4% on 2025

2026
Revenue 505.57
Profit 41.43
2025
Revenue 352.60
Profit 27.46
2024
Revenue 211.33
Profit 13.98

In ₹ crore, for the years the offer document reports.

ROE
35.44%
ROCE
25.76%
EBITDA Margin
14.07%
PAT Margin
8.23%
Debt-to-equity ratio
0.73
Earnings Per Share (EPS)
₹15.70 (Basic)
Return on Net Worth (RoNW)
35.44%
Net Asset Value (NAV)
₹57.69

Listed peers

Rajesh Power Services Limited
P/E 10.1
EPS 79.5
Vikran Engineering Limited
P/E 14.6
EPS 4.1

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
50%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Babulal Gupta, Vinay Gupta, Ruchira Gupta, Biren Parnami, Manoj Modiand Vatsalya Gupta
Promoter holding
76.51% before the IPO, 57.41% after
Lead managers
Srujan Alpha Capital Advisors LLP, PhillipCapital (India) Private Limited

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

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Frequently asked questions

What is the GMP of Swastika Infra IPO today?
The grey-market premium is ₹0, which points to a listing around ₹185 (0.0% on the issue price), as of 17:10 IST on 19 September 2026. GMP is unofficial and doesn't guarantee a listing price.
When does Swastika Infra IPO open and close?
Bidding runs from 23 September 2026 to 25 September 2026.
What is the Swastika Infra IPO allotment date?
Allotment is expected on 28 September 2026.
When will Swastika Infra IPO list?
Listing is expected on 30 September 2026.
What is the lot size and minimum investment for Swastika Infra IPO?
One lot is 81 shares, so the minimum investment at the upper price of ₹185 is ₹14,985.
How do I check Swastika Infra IPO allotment status?
MUFG Intime is the registrar. Once allotment is out, check it by PAN on the MUFG Intime website or right here.