Neutral impactCorporate Action

Swastika Infra IPO Day 3: Issue subscribed over 1.6x; GMP signals 5% premium — Check key details

Economic Times 1 hr ago·25 Sept 2026, 4:04 am

Swastika Infra IPO entered its final bidding day on September 25, 2026, after securing 1.64 times subscription by Day 2. The Rs 160.88-crore issue has a price band of Rs 175–185, with the GMP around 5%. Proceeds will primarily fund working capital. FY26 revenue and profit rose 43% and 52%, respectively, reflecting strong growth.

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  • Category: Corporate Action.

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