Swastika Infra Limited IPO Subscription Update: Issue Subscribed 1.64x on Day 2
On the second day, Swastika Infra Limited received bids for 1,03,60,872 shares against 63,35,001 shares available for subscription, according to NSE data.
The retail investor category was subscribed 1.59 while the Non-Institutional Investor (NII) category and Qualified Institutional Buyer (QIB) portion had received 2.58 and 1.00 bids at the time of the update.
Investors can also visit our IPO page to track subscription updates and other upcoming public issues.
Swastika Infra IPO Subscription Details
| Sr. No. | Category | No. of Times of Total Meant for the Category |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 1.00 |
| 2 | Non-Institutional Investors | 2.58 |
| 3 | Retail Individual Investors (RIIs) | 1.59 |
| - | Total | 1.64 |
Swastika Infra IPO Overview & Purpose
Swastika Infra Limited is an engineering, procurement and construction (EPC) company focused on power transmission and distribution infrastructure projects.
Its IPO is worth around Rs 160.88 crore, comprising a fresh issue of Rs 128.50 crore and an offer for sale of Rs 32.38 crore.
- Price Band: Rs 175–Rs 185 per share
- Lot Size: 81 shares
- IPO Size: Rs 160.88 crore
- Fresh Issue: Rs 128.50 crore
- Offer for Sale: Rs 32.38 crore
- IPO Opening Date: September 23, 2026
- IPO Closing Date: September 25, 2026
- Proposed Listing: NSE and BSE
The company plans to use the fresh issue proceeds primarily to meet its working capital requirements.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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