Skytech Infinite Platform IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 1.06x |
| NII | 0.72x |
| sNII (₹2L–₹10L) | 1.31x |
| bNII (above ₹10L) | 0.42x |
| Retail (RII) | 3.36x |
| Total | 2.04x |
Bidding day 5 · final figures at close of bidding: 21 Aug 2026, 6:30 pm IST
IPO Details
- Open Date
- 14 Aug 2026
- Close Date
- 18 Aug 2026
- Listing Date
- 21 Aug 2026
- Face Value
- ₹10
- Fresh Issue
- ₹21.54 Cr
- OFS
- ₹0 Cr
- Listing On
- NSE
- Registrar
- —
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,46,400 |
| HNI (Min) | 3 | 4,800 | ₹3,69,600 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| QIB (ex-anchor) | 28,800 | 1.03% |
| NII | 13,72,800 | 49.08% |
| — sNII (< ₹10L) | 4,57,600 | 16.36% |
| — bNII (> ₹10L) | 9,15,200 | 32.72% |
| Retail | 13,95,200 | 49.89% |
| Total | 27,96,800 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 44.15 | 1.35 | 3.09 | 11.1 | 26 | 3.9 | — |
| FY 2025 | 45.21 | 3.71 | 6.13 | 14.81 | 30.05 | 5.39 | — |
| FY 2026 | 52.14 | 4.2 | 6.65 | 19.02 | 47.57 | 9.25 | 6.12 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March.
KPIs & Valuation
- RoNW
- 22.11%
- RoCE
- 25.45%
- Debt / Equity
- 0.49
- EPS (pre-issue)
- ₹6.12
- EPS (post-issue)
- ₹4.28
- EBITDA Margin
- 12.87%
- PAT Margin
- 8.14%
- NAV / share
- ₹27.66
As of 31 Mar 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Working Capital Requirements | ₹16.81 Cr |
| General Corporate Purposes | ₹3.4 Cr |
| Issue Expenses | ₹2.47 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Book Running Lead Manager Fees (including Underwriting commission) | ₹1.38 Cr |
| Registrar to the issue | ₹0.02 Cr |
| Legal Advisor | ₹0.01 Cr |
| Peer Review Auditors | ₹0.09 Cr |
| Market Maker | ₹0.09 Cr |
| Sponsor Bank and Bankers to the Issue | ₹0.01 Cr |
| UPI Bidding charges, Printing and distribution of Issue Stationary, other Miscellaneous expenses | ₹0.04 Cr |
| Regulators Including Stock Exchanges | ₹0.22 Cr |
| Advertising, Marketing & Professional Expenses | ₹0.61 Cr |
Promoters & Shareholding
Promoters: <p>Paramashivam Deiveekan, Suma Deiveekan</p>
- Holding (pre-issue)
- 100%
- Holding (post-issue)
- 70.01%
- Dilution
- 29.99%
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Skytech Infinite Platform IPO
The Skytech Infinite Platform SME IPO runs from 14 Aug 2026 to 18 Aug 2026, offered at a price band of ₹73–77 per share, and is set to list on NSE. The company is looking to raise ₹22.68 crore through the offer. Retail investors bid in lots of 1600 shares, a minimum application of ₹2,46,400.
Issue structure
The IPO is structured entirely as a fresh issue of ₹21.54 crore, so the full proceeds flow to the company to fund its stated objects of the issue.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward working capital requirements (₹16.81 crore), alongside general corporate purposes (₹3.4 crore). In all, 3 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Skytech Infinite Platform reported revenue of ₹52.14 crore and a net profit of ₹4.2 crore. Revenue grew from ₹44.15 crore in FY2024 to ₹52.14 crore in FY2026 (+18.0%). Net worth stood at ₹19.02 crore at the end of FY2026. At the upper band, that puts the issue at roughly 12.6× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Promoters
The promoters of the company are <p>Paramashivam Deiveekan, Suma Deiveekan</p>. Promoter holding stands at 100% before the issue and comes down to 70.01% after listing.
Grey market premium (GMP)
In the unofficial grey market, Skytech Infinite Platform shares are quoted at a premium of ₹1 implying an expected listing around ₹78, about +1.3% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Skytech Infinite Platform IPO was subscribed 2.04 times overall. The strongest demand came from retail investors at 3.36 times, with qualified institutional buyers (QIB) at 1.06× and non-institutional investors (NII) at 0.72×.
Listing performance
Skytech Infinite Platform listed on 21 Aug 2026 at ₹74, a discount of -3.9% over the issue price of ₹77.
What to weigh
When evaluating the Skytech Infinite Platform IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Skytech Infinite Platform
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 August 31, 2025, the company has a workforce of 78 employees. Its registered office, factory, and warehouse are located in Bangalore, Karnataka.
Skytech Infinite Platform — Contact Details
- Registered office
- No. 229/3,, Oil Mill Compound, Oil Mill, Road Saitpalya, Lingarajapuram,, Bengaluru, Karnataka, 560084
- Phone
- +91 9901303019
- Website
- www.skytechinfinite.com/
- Registrar (IPO queries)
- smeipo@integratedindia.in
Frequently asked questions
- What is the Skytech Infinite Platform IPO price band?
- The Skytech Infinite Platform IPO price band is ₹73 to ₹77 per share, with a lot size of 1600 shares.
- What was the Skytech Infinite Platform IPO GMP before listing?
- The final grey market premium recorded before the Skytech Infinite Platform IPO listed was ₹1. The IPO listed on 21 Aug 2026 at ₹74, -3.9% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Skytech Infinite Platform IPO open and close?
- The Skytech Infinite Platform IPO opens on 14 Aug 2026 and closes on 18 Aug 2026.
- When is the Skytech Infinite Platform IPO allotment and listing date?
- Allotment is expected on 19 Aug 2026. The shares are scheduled to list on 21 Aug 2026 on NSE.
- How many times was the Skytech Infinite Platform IPO subscribed?
- The Skytech Infinite Platform IPO was subscribed 2.04 times in total across all investor categories.
- What is the reservation split in the Skytech Infinite Platform IPO?
- Of the total shares offered, retail investors get 49.89%, QIBs 1.03%, non-institutional investors 49.08%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Skytech Infinite Platform and what is their holding?
- The promoters are <p>Paramashivam Deiveekan, Suma Deiveekan</p>. Promoter holding is 100% before the issue and 70.01% after listing.
- What are the objects of the Skytech Infinite Platform IPO?
- The net proceeds go primarily toward working capital requirements, among 3 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Skytech Infinite Platform IPO?
- The book-running lead manager is Finshore Management Services Ltd..
- Is Skytech Infinite Platform a Mainboard or SME IPO?
- Skytech Infinite Platform is an SME IPO, listing on NSE (SME platform).