Skytech Infinite Platform IPO
ListedSMEInfrastructure Developers & Operators
2.04×
Subscribed
Price band
₹77 – ₹77
Lot size
1,600
1 lot = ₹1,23,200
Issue size
₹22.68 Cr
Open – close
14 Aug 2026
to 18 Aug 2026
Listing
21 Aug 2026
Listing gain
-3.90%
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
Strong4 of 7 dimensions read
The disclosed numbers are strong — 2 of 4 signals read positive
Strength73/100
- Undemanding valuation12.6× earnings at the upper band, with no peer set published to compare against
- Modest operating marginEBITDA margin of 12.9%
- Fresh capital for the business100.0% of the issue is fresh capital raised by the company itself
- Institutional book coveredQIB portion subscribed 1.06×
Every line above is arithmetic on a figure shown elsewhere on this page - no model, no opinion. It describes the quality of the offering as disclosed, and is pulled toward neutral to reflect how much the document leaves unsaid. It is not a prediction of the listing price, and it is not advice to apply.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens14 Aug 2026
- Closes18 Aug 2026
- Allotment19 Aug 2026
- Listing21 Aug 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB1.06x
Non-institutionalNII / HNI0.72x
Big NIIabove ₹10L0.42x
Small NII₹2L – ₹10L1.31x
Retail individualRII3.36x
1,600 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 18 Aug 2026.
Chance of allotment
Retail3.36× subscribed
~1 in 3.4
Minimum 2 lots · 3,200 shares · ₹2,46,400 blocked
Retail is 3.36× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 3.4 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII0.72× subscribed
Full allotment
Minimum 1 lot · 1,600 shares · ₹1,23,200 blocked
The HNI portion is under-subscribed at 0.72×, so applications should be allotted in full.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹77 – ₹77
Face value₹10
Lot size1,600shares
Minimum application₹1,23,200at cut-off
Total issue size₹22.68 Cr
Fresh issue₹22.68 Cr
Listing atSME platform
Company & valuation
P/E at upper band12.59×
EPS₹6.12post-issue
NAV per share₹27.66
EBITDA margin12.87%
ROCE25.45%
Debt/Equity0.49
RoNW22.11%
PAT Margin8.14%
EBITDA Margin12.87%
NAV27.66
ISININE0VFE01017
RegistrarINTEGRATED
0.0% of this issue is an offer for sale. The rest is fresh capital that goes into the company itself.
Who gets what
How the issue is split between investor categories, and what each may bid.
| Category | Shares | % of issue |
|---|---|---|
| QIB | 28,800 | 0.98% |
| NII (HNI) | 13,72,800 | 46.61% |
| bNII > ₹10L | 9,15,200 | 31.07% |
| sNII < ₹10L | 4,57,600 | 15.54% |
| Retail | 13,95,200 | 47.37% |
| Market Maker | 1,48,800 | 5.05% |
Total issue 29,45,600 shares. Indented rows sit inside the category above them and are not added to it.
What each category may bid
Individual investors (IND) (Min)₹2,46,4002 lots · 3,200 sh
Individual investors (IND) (Max)₹2,46,4002 lots · 3,200 sh
S-HNI (Min)₹3,69,6003 lots · 4,800 sh
S-HNI (Max)₹9,85,6008 lots · 12,800 sh
B-HNI (Min)₹11,08,8009 lots · 14,400 sh
Lot size alone does not answer "how much do I need" — an S-HNI minimum is several lots, not one.
What the money is for
Stated use of the net proceeds
- 01Working Capital Requirements₹16.81 Cr
- 02General Corporate Expenses₹3.4 Cr
- 03Issue Related Expenses₹2.47 Cr
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
-2.2%
Listed up
1 of 8
Best
+0.4%
Papadmalji Agro Foods Limited
Worst
-17.5%
Himalayan Solar
Ravita Engineering Services Limitedsame segment
6.7× sub+0.0%
Vaibhav Vyapaar Limitedsame segment
3.1× sub-2.0%
R.K. Fashion Accessories Limitedsame segment
2.6× sub-2.4%
Eventions Limitedsame segment
2.3× sub-5.9%
Green Asia Impexsame segment
1.0× sub+0.0%
Papadmalji Agro Foods Limitedsame segment
2.5× sub+0.4%
Dudani Retailsame segment
1.4× sub-13.8%
Himalayan Solarsame segment
1.2× sub-17.5%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Skytech Infinite Platform
Skytech Infinite Platform provides turnkey industrial automation solutions, including design, engineering, supply, installation, commissioning, and maintenance. The company caters to sectors such as power, water, energy, infrastructure, food and beverages, chemicals and pharmaceuticals, automotive, HVAC, and other process industries. Its product portfolio includes power control centre (PCC) panels, motor control centre (MCC) panels, automatic power factor control (APFC) panels, variable frequency drive (VFD) panels, PLC panels, control desk panels, flameproof panels and power distribution board panels. It also provides annual maintenance and migration services for automation and control systems. The company operates a 10,000 sq. ft. manufacturing facility in Lingarajapuram, Bengaluru, Karnataka, where it undertakes panel design, assembly, wiring and testing. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds will go to the company. They will be utilised for the following purposes: Working capital requirements of the company - Rs 16.81 crore Issue-related expenses General corporate purposes
Founded 2009MD Mr. Paramashivam DeiveekanSector Infrastructure Developers & Operators
Offer documents
The primary sources everything above is drawn from
Common questions
How many times is the Skytech Infinite Platform IPO subscribed?
Skytech Infinite Platform is subscribed 2.04× overall (QIB 1.06×, NII 0.72×, retail 3.36×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, INTEGRATED.
What is the minimum investment in the Skytech Infinite Platform IPO?
One lot is 1,600 shares, so a retail application at the ₹77 cut-off price blocks ₹1,23,200. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
What are the chances of allotment in the Skytech Infinite Platform IPO?
The retail portion is subscribed 3.36×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
When is the Skytech Infinite Platform IPO allotment date?
Allotment is scheduled for 2026-08-19, with listing on 2026-08-21. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, INTEGRATED.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.