Skytech Infinite Platform Limited logo

IPO details · Updated

Skytech Infinite Platform Limited

ClosedSMENSE: SKYTECH
Check Allotment
Price Band
₹73 – ₹77
Lot Size
1,600 shares
Min. Investment
₹1,23,200
Issue Size
₹22.68 Cr
Offer Dates
14 Aug – 18 Aug 2026
Listing
21 Aug 2026

Issue Details

Full details →
Total Issue Size
₹22.68 Cr
29,45,600 shares
Fresh Issue
₹22.68 Cr
29,45,600 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
NSE SME
Shares Pre-Issue
68,75,000
Shares Post-Issue
98,20,600

IPO Timeline

  1. Offer opens

    14 Aug 2026

  2. Offer closes

    18 Aug 2026

  3. Allotment

    19 Aug 2026

  4. Listing

    21 Aug 2026

Issue Allocation

Share of the offer reserved for each investor category

  • QIB1.0%28,800 shares
  • HNI46.6%13,72,800 shares
  • Retail47.4%13,95,200 shares
  • MarketMaker5.1%1,48,800 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB28,80030,528
1.06x
NII13,72,8009,88,416
0.72x
Retail13,95,20046,87,872
3.36x
Total27,96,80057,06,816
2.04x

Lot Size & Investment

1 lot = 1,600 shares

Retail (min)

2 lots · 3,200 shares

Retail (max)

2 lots · 3,200 shares

S-HNI (min)

3 lots · 4,800 shares

ApplicationLotsSharesAmount
Retail23,200₹2,46,400
Small HNI (S-HNI)34,800₹3,69,600
Big HNI (B-HNI)914,400₹11,08,800

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets47.5730.0526
Total Income52.1445.2144.15
Profit After Tax4.23.711.35
EBITDA6.656.133.09
Net Worth19.0214.8111.1
Reserves & Surplus12.147.9410.48
Total Borrowing9.255.393.9

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25
ROCE (%)25.4533.1
EPS (₹)6.12

About Skytech Infinite Platform Limited

Incorporated in 2009, Skytech Infinite Platform Limited is engaged in providing turnkey industrial automation solutions, covering design, engineering, supply, installation & commissioning (I&C), and maintenance of a wide range of control panels. The company specializes in manufacturing automation control panels that integrate PLCs, drive systems, switchgear, and sensors to enhance process efficiency and operational performance. Its panels function as centralized systems for managing and monitoring industrial machinery, ensuring improved reliability and productivity. Skytech Infinite Platform serves diverse industries including power, water, energy, machine tools, infrastructure, motor management, food & beverages, HVAC, chemicals & pharmaceuticals, automotive, and process industries. Its product portfolio includes PCC panels, APFC panels, MCC panels, VFD panels, PLC panels, and control desk panels. The company is an authorized partner of Mitsubishi Electric India Private Limited, Endress + Hauser (India) Private Limited, Exor India Pvt. Ltd., and Euroteck Environmental (P) Limited. As of March 31, 2026, the company has a workforce of 87 employees. Its registered office, factory, and warehouse are located in Bangalore, Karnataka.

Objects of the Issue

  • Working Capital Requirements (₹16.81 Cr)
  • General Corporate Purposes (₹3.40 Cr)
  • Issue Expenses (₹2.47 Cr)

Promoters

  • <p>Paramashivam Deiveekan
  • Suma Deiveekan</p>

Company Information

Book running lead managers
  • Finshore Management Services Ltd.
Registered office
No. 229/3,, Oil Mill Compound, Oil Mill, Road Saitpalya, Lingarajapuram,, Bengaluru, Karnataka, 560084
Market maker
Prabhat Financial Services Ltd.

Official Documents

Opens the source filing in a new tab

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.