Skytech Infinite PlatformIPO Review — Financials, Valuation & Peers
A data-only look at the Skytech Infinite Platform IPO: restated financials, valuation ratios, the RHP peer group and third-party analyst views. ipostation does not rate IPOs — nothing here is a recommendation.
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.
Promoters & Shareholding
Promoters: <p>Paramashivam Deiveekan, Suma Deiveekan</p>
- Holding (pre-issue)
- 100%
- Holding (post-issue)
- 70.01%
- Dilution
- 29.99%
Analysis in brief
Margin and return profile
The offer document gives a read on the operating engine behind the issue. Skytech Infinite Platform operates at an EBITDA margin of 12.87% and a net (PAT) margin of 8.14% — the share of revenue retained at the operating and the net level respectively. Capital efficiency reads at a return on capital employed (RoCE) of 25.45%. These are offer-document figures for the latest reported period (as of 31 Mar 2026); they describe the business as disclosed, not how the stock will trade.
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.
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.
Frequently asked questions
- 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%.
- 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.