Swastika Infra IPO

Swastika Infra IPO Details

The Swastika Infra IPO is a 100% book building issue, comprising a fresh issue of ₹200 crore and an offer for sale (OFS) of 19.20 lakh equity shares, with a face value of ₹10 per share. The company filed its DRHP with SEBI on March 30, 2025.

The price band and official dates of subscription and listing will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book-running lead manager of the issue is Srujan Alpha Capital Advisors LLP and PhillipCapital (INDIA) Pvt. Ltd., while the registrar to the issue is MUFG InTime India Pvt. Ltd.

Swastika Infra IPO Date & Timeline

Swastika Infra Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on March 30, 2025. However, the specific Swastika Infra IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalise the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.

Swastika Infra IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Swastika Infra IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Swastika Infra Ltd. was formally incorporated on October 23, 1969, to conduct its primary business operations, evolving over the years to meet the growing demands of its sector. The company’s core business involves carrying out operations consistent with its corporate identity and industry classification. Its registered office is located in Jaipur, Rajasthan, with a geographic presence supporting its ongoing commercial activities.

The enterprise has steadily developed over time, culminating in its transition into a public limited company ready to access the capital markets. The scope of services the company provides is in EPC Power Projects, covering a comprehensive range of activities, ensuring execution from procurement to commissioning.

Operations & Product Range

Swastika Infra Ltd.’s operations are aligned with its registered business mandate, providing specific commercial solutions to its target market. The company focuses on delivering value through its established operational framework, serving clients who require the specific services and products it offers. The core operating model is designed to sustain its business activities efficiently, with further elaboration on key products and specialised solutions to be provided in subsequent filings.

Facilities & Capacity

The operational backbone of Swastika Infra Ltd. relies on its established infrastructure, with operational locations situated to optimize service and product delivery. The installed capacity is structured to meet the ongoing demands of its client base. With this issue, the company plans to utilise a portion of its raised capital to enhance its operational footprint and upgrade its facilities, supporting the execution of its strategic goals and maintaining its market position.

Brands & Market Presence

Swastika Infra Ltd. has built a recognised market presence within its specific commercial sector, with its brands and flagship services tailored to address the requirements of its operational domain. Market exposure is predominantly domestic, focusing on expanding its reach within India. The company adheres to industry standards, seeking recognition and certifications that validate its operational quality, helping it secure its standing among peers and clients.

Revenue Streams & Business Model

The primary revenue of Swastika Infra Ltd. is generated through its core business activities and service offerings, with segment-wise contribution reflecting the different operational areas the company engages in. The business model generates recurring revenue by fulfilling the commercial requirements of its target audience. The revenue is generated from its operational hubs, primarily focused on the domestic market, relying on its established operational model to ensure consistent revenue generation.

Management & Shareholding

The promoters of Swastika Infra Ltd. are Babulal Gupta, Vinay Gupta, Ruchira Gupta, Biren Parnami, Manoj Modi and Vatsalya Gupta. Before the IPO, the promoters held around 84% of the stakeholding, but after the IPO, the promoters’ stakeholding will be diluted as the offering included OFS and fresh issue both.

Board & Key Management

The leadership of Swastika Infra Ltd. is led by a team of experts with many years of experience. Babulal Gupta serves as the Chairman and gives strategic direction to the firm. The daily operations are managed by Vinay Gupta, the Managing Director, along with Whole-Time Directors Ruchira Gupta. To ensure good governance, the board includes Independent Directors Dileep Kumar Jain, Ajay Gupta and Madhvi Sharma for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.