Skytech Infinite Platform IPO GMP, Subscription & Allotment Status Today
Skytech Infinite Platform provides comprehensive turnkey automation solutions from conceptualization to completion. The company manufactures automation control panels, integrating programmable logic controllers (PLCs), drive systems, switchgear, and sensors from its 10,000 square foot facility in Bangalore. Its product offerings include Power Control Center (PCC), Motor Control Center (MCC), Variable Frequency Drive (VFD), Automatic Power Factor Control (APFC), PLC, and Control Desk panels, constructed using a specialized 200 mm Techno Modular Design grid. Skytech generates revenue through engineering, procurement, and construction (EPC) contracts, direct product sales, and lifecycle services such as Annual Maintenance Contracts (AMCs). Serving diverse sectors including power, water, infrastructure, pharmaceuticals, and manufacturing, the company caters to clients across India and select international markets.
- Price Band
- ₹73.00 - ₹77.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 18 Aug 2026
- Listing Date
- 21 Aug 2026
Complete IPO information
| Current GMP | ₹2 |
|---|---|
| Estimated Listing Gain | +2.60% |
| Price Band | ₹73.00 - ₹77.00 |
| Issue Price | Approx ₹77.00 Crores |
| Listing Price | Est. ₹79 |
| Lot Size | 1,600 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE SME |
| Retail Quota | TBA |
| Overall Subscription | 2.04x |
| Listing Date | 21 Aug 2026 |
| Minimum Investment | ₹2,46,400 |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 0.29 | 0.30 | 1.06x |
| NII | 13.73 | 9.87 | 0.72x |
| Retail | 13.95 | 46.91 | 3.36x |
| Overall Subscription | 27.97 | 57.09 | 2.04x |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Skytech Infinite Platform is priced at ₹77 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,46,400 to participate in this SME issue.
The latest recorded Grey Market Premium for Skytech Infinite Platform stands at ₹2, implying an estimated listing gain of around 2.60% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Skytech Infinite Platform's IPO was subscribed 2.04x overall, with a category-wise breakdown of Retail 3.36x, QIB 1.06x, NII 0.72x.
Among the strengths highlighted in Skytech Infinite Platform's IPO documents: Offers a comprehensive automation portfolio including PCC, MCC, VFD, APFC, PLC, and Control Desk panels.; Provides end-to-end quality and reliability in turnkey automation certified under ISO 9001:2015..
Investors should also weigh the risk factors Skytech Infinite Platform has disclosed, including: Revenue is geographically concentrated, with over 75% generated from Karnataka in Fiscal 2026..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
Daily GMP status
Trend chart builds up as more daily GMP snapshots are recorded.
| Date | GMP | Change | Gain |
|---|---|---|---|
| 18 Aug 2026 | ₹1.50 | - | 1.95% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,46,400 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,46,400 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹3,69,600 |
| S-HNI Maximum | 8 Lot | 12,800 | ₹9,85,600 |
| B-HNI Minimum | 9 Lot | 14,400 | ₹11,08,800 |
Objects of the Issue & Official Documents
Important takeaways before applying
Strengths
- Offers a comprehensive automation portfolio including PCC, MCC, VFD, APFC, PLC, and Control Desk panels.
- Provides end-to-end quality and reliability in turnkey automation certified under ISO 9001:2015.
- Led by experienced promoters and a skilled management team with up to 30 years of industry experience.
- Possesses a proven track record of over 15 years delivering turnkey automation across industrial sectors.
- Holds strategic channel partnerships and product authorizations with global OEMs like Mitsubishi Electric.
Risks
- Revenue is geographically concentrated, with over 75% generated from Karnataka in Fiscal 2026.
- Depends entirely on a single manufacturing unit in Bangalore, making operations vulnerable to local disruptions.
- Raw material procurement is geographically concentrated, with over 84% sourced from three states in Fiscal 2026.
- Relies on a limited number of key customers, with top ten clients accounting for over 47% of revenue in Fiscal 2026.
- Generated negative net cash flow from operating activities in Fiscal 2026 due to higher working capital needs.
Skytech Infinite Platform IPO Details
The Skytech Infinite Platform IPO is a book-built SME public issue with an issue size of approximately ₹22.68 crores. As per the provided IPO details, the issue consists entirely of a fresh issue of equity shares.
The IPO is scheduled to open for subscription on August 14, 2026 and close on August 18, 2026. The price band has been fixed at ₹73 to ₹77 per equity share, while the face value is ₹10 per share. The equity shares are proposed to be listed on the NSE SME platform.
| Particular | Details |
|---|---|
| IPO Open Date | August 14, 2026 |
| IPO Close Date | August 18, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹73 to ₹77 Per Share |
| Issue Size | Approx ₹22.68 Crores |
| Fresh Issue | Approx ₹22.68 Crores |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
Skytech Infinite Platform IPO Reservation
The Skytech Infinite Platform IPO has a category-wise allocation for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors and Anchor Investors.
As per the provided reservation details, 28,800 shares, representing approximately 0.98% of the issue, are allocated to QIBs excluding anchor investors. The NII category has been allocated 13,72,800 shares, or approximately 46.61%, while retail investors have been allocated 13,95,200 shares, representing approximately 47.37% of the issue.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 28,800 Shares | 0.98% |
| NII Shares Offered | 13,72,800 Shares | 46.61% |
| Retail Shares Offered | 13,95,200 Shares | 47.37% |
Skytech Infinite Platform IPO Dates
The Skytech Infinite Platform IPO opens for subscription on August 14, 2026 and closes on August 18, 2026. Investors can submit their applications during this IPO subscription period.
The Skytech Infinite Platform IPO allotment is expected to be finalized on August 19, 2026. Refunds for unsuccessful applicants and credit of shares to the demat accounts of successful applicants are scheduled for August 20, 2026. The IPO is scheduled to list on the NSE SME platform on August 21, 2026.
| IPO Event | Date |
|---|---|
| IPO Open Date | August 14, 2026 |
| IPO Close Date | August 18, 2026 |
| Basis of Allotment | August 19, 2026 |
| Refunds | August 20, 2026 |
| Credit to Demat Account | August 20, 2026 |
| IPO Listing Date | August 21, 2026 |
Skytech Infinite Platform IPO Promoters and Holding Pattern
The promoters of Skytech Infinite Platform are Paramashivam Deiveekan and Suma Deiveekan. Before the IPO, the promoter and promoter group hold 68,74,945 equity shares, representing approximately 100% of the pre-issue shareholding.
Following completion of the IPO, the promoter and promoter group holding is expected to dilute to approximately 70.01%, while other shareholders are expected to hold approximately 29.99%. The company's total number of equity shares is expected to increase from 68,75,000 shares before the IPO to 98,20,600 shares after the issue.
Promoters of Skytech Infinite Platform
- Paramashivam Deiveekan
- Suma Deiveekan
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 68,74,945 | 100% | – | 70.01% |
| Others* | 55 | -% | – | 29.99% |
| Total | 68,75,000 | 100% | 98,20,600 | 100% |
Skytech Infinite Platform IPO Objects of the Issue & Utilisation of Proceeds
Skytech Infinite Platform proposes to utilise a major portion of the IPO proceeds towards meeting the company's working capital requirements. The remaining proceeds will be available for general corporate purposes, subject to applicable limits and requirements.
The company proposes to deploy approximately ₹16.81 crores towards working capital. This funding is intended to support the company's day-to-day operational requirements and provide additional financial resources for its ongoing business activities.
| Purpose | Amount |
|---|---|
| Working Capital Requirements | ₹16.81 Crores |
| General Corporate Purposes | ₹- |
Skytech Infinite Platform About Ipo
Since its founding in 2009, Skytech Infinite Platform has been involved in offering industrial automation solutions, which include design, engineering, supply, installation & commissioning (I&C), and maintenance of a wide range of control panels. The firm specializes in making automation control panels that combine PLC (Programmable Logic Controller), Drive systems, switchgear, and sensors to help machines work automatically and efficiently and help monitor industrial machines.
Its product portfolio includes PCC panels, APFC panels, MCC panels, VFD panels, PLC panels, and control desk panels. Its solutions are useful to a wide range of industries, including power, water, energy, machine tools, infrastructure, motor management, food & beverages, HVAC, chemicals & pharmaceuticals, automotive, and process industries.
Skytech Infinite Platform IPO Company Financial Report
Skytech Infinite Platform recorded steady improvement in its financial performance between FY2024 and FY2026. Revenue increased from ₹44.15 crores in FY2024 to ₹45.21 crores in FY2025 and further reached ₹52.14 crores in FY2026.
The company's profitability improved at a faster pace during the same period. Profit After Tax (PAT) increased from ₹1.35 crores in FY2024 to ₹3.71 crores in FY2025 and reached ₹4.20 crores in FY2026. Total assets also expanded from ₹26.00 crores in FY2024 to ₹47.57 crores in FY2026.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹44.15 Cr. | ₹41.04 Cr. | ₹1.35 Cr. | ₹26.00 Cr. |
| 2025 | ₹45.21 Cr. | ₹39.01 Cr. | ₹3.71 Cr. | ₹30.05 Cr. |
| 2026 | ₹52.14 Cr. | ₹45.00 Cr. | ₹4.20 Cr. | ₹47.57 Cr. |
Skytech Infinite Platform IPO Valuation – FY2026
The Skytech Infinite Platform IPO valuation can be evaluated using key financial indicators such as Earnings Per Share (EPS), Return on Equity (ROE), Return on Capital Employed (ROCE), EBITDA Margin, PAT Margin, debt-to-equity ratio, Return on Net Worth (RoNW) and Net Asset Value (NAV).
For FY2026, Skytech Infinite Platform reported an ROE of 22.11% and ROCE of 25.45%. The company's EBITDA margin stood at 12.87%, while the PAT margin was 8.14%. Basic EPS stood at ₹6.12 per share, RoNW was 22.11%, and NAV stood at ₹27.66 per share.
| KPI | Values |
|---|---|
| ROE | 22.11% |
| ROCE | 25.45% |
| EBITDA Margin | 12.87% |
| PAT Margin | 8.14% |
| Debt to Equity Ratio | 0.49 |
| Earning Per Share (EPS) | ₹6.12 (Basic) |
| Price / Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 22.11% |
| Net Asset Value (NAV) | ₹27.66 |
Peer Group Comparison
- There are no publicly listed companies in India.
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Ltd.
Skytech Infinite Platform IPO FAQs
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