Swastika Infra
Mainboard · book built · SWASTIKAIN · INE1QJA01015
GMP 3 hours ago · bids 7 min ago
- Minimum
- ₹14,985
- Band
- ₹175–₹185
- Issue size
- ₹160.88 Cr
- GMP
- ₹8 (+4.32%)
- Subscribed
- 0.53×
GMP rumours
₹8(+4.32%)
Ranged ₹3–₹10 since 18 Sept
Implied ₹648 per lot, if the rumour holds — 81 shares × ₹8.
18 Sept · ₹323 Sept · ₹8
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid | Subscribed | Chance |
|---|---|---|---|
| Retail (up to ₹2 lakh) | 16.89 L | 0.53× | 1 in 1 |
| sHNI (₹2–10 lakh) | 2.29 L | 0.50× | 1 in 1 |
| bHNI (₹10 lakh +) | 18.50 L | 2.03× | 1 in 2 |
| Institutional (QIB) | 2.70 L | 0.15× | 1 in 1 |
| All categories | 40.39 L | 0.64× | — |
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount | Share of book | Can be allotted |
|---|---|---|---|
| Retail (up to ₹2 lakh) | ₹31.25 Cr | 41.8% | 39,290 |
| sHNI (₹2–10 lakh) | ₹4.25 Cr | 5.7% | 400 |
| bHNI (₹10 lakh +) | ₹34.22 Cr | 45.8% | 167 |
| Institutional (QIB) | ₹5 Cr | 6.7% | — |
| All categories | ₹74.71 Cr | — | — |
Captured
Reported figures
| ₹ crore | FY 24 | FY 25 | FY 26 |
|---|---|---|---|
| Revenue | 209.58 | 350.76 | 503.57 |
| EBITDA | 23.71 | 43.88 | 70.84 |
| Profit after tax | 13.98 | 27.44 | 41.42 |
| Total assets | 143.26 | 258.54 | 412.24 |
What the money is for
- Working capital requirement
- 69.7%
- General corporate purposes
- 30.2%
Priced against its peers
- This issue, P/E
- 11.78
- Sector P/E
- 39.87
- Irb Infrastructure Developers Ltd
- 3.81
- Larsen and Toubro Ltd
- 33.29
- Rail Vikas Nigam Ltd
- 63.03
A lower P/E than the sector is not a recommendation — it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures as reported by the company. Check them against the prospectus in Documents — that filing is the authority, and this panel is a convenience until we read it directly.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum | Ceiling |
|---|---|---|---|
| Retail | 1 lot · ₹14,985 | 13 lots · ₹1,94,805 | ₹2,00,000 |
| sHNI | 14 lots · ₹2,09,790 | 66 lots · ₹9,89,010 | ₹10,00,000 |
| bHNI | 67 lots · ₹10,03,995 | — | no upper limit |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue size
- ₹160.88 Cr
- Face value
- ₹10
- Lot size
- 81 shares
- Listing on
- BSE · NSE
- Daily window
- 10:00 – 17:00 IST
Timeline
- Opens
- 23 Sept
- Closes
- 25 Sept
- Basis of allotment
- 28 Sept
- Refunds
- 29 Sept
- Listing
- 30 Sept
Documents