Closed SME IPO SKYTECH

Skytech Infinite Platform IPO GMP & Allotment

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.

IPO Price Band
₹73.00 - ₹77.00
Lot Size
1,600 Shares
Bidding Closes
18 Aug 2026
Listing Date
21 Aug 2026
Quick Answer & Highlights

Skytech Infinite Platform IPO GMP Today & Key Takeaways

Last updated: 18 Aug 2026

As of 18 Aug 2026, the latest Grey Market Premium (GMP) for Skytech Infinite Platform IPO is ₹2, pointing to an estimated listing price of Est. ₹79 (+2.6% expected listing gain over the upper price band of Rs 77.00). Public bidding has closed. The basis of allotment is expected on 19 Aug 2026, ahead of stock exchange listing on 21 Aug 2026.

As of 18 Aug 2026, the latest Grey Market Premium (GMP) for Skytech Infinite Platform IPO is ₹2, pointing to an estimated listing price of Est. ₹79 (+2.6% expected listing gain over the upper price band of ₹77.00). Bidding has closed. The basis of allotment is expected on 19 Aug 2026, ahead of stock exchange listing on 21 Aug 2026.

Key Metric Figure Status / Context
Current GMP ₹2 +2.6% vs upper band (18 Aug 2026)
Est. Listing Price Est. ₹79 +2.60% Est. Listing Gain
Price Band ₹73.00 - ₹77.00 SME IPO
Retail Minimum Investment ₹2,46,400 2 Lot (1,600 Shares)
Bidding Window 14 Aug 2026 – 18 Aug 2026 Closed
Allotment & Listing Dates Allotment: 19 Aug 2026 Listing: 21 Aug 2026
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IPO Details

Complete IPO information

Skytech Infinite Platform IPO Details and Specifications
IPO Open Date 14 Aug 2026
IPO Close Date 18 Aug 2026
IPO Price Band ₹73.00 - ₹77.00
Lot Size 1,600 Shares
Current GMP ₹2
Estimated Listing Gain +2.60%
Issue Size Approx ₹22.68 Cr
Fresh Issue -
Issue Type SME
IPO Listing NSE SME
Retail Quota TBA
Registrar TBA
Overall Subscription 2.04x
Minimum Investment ₹2,46,400
DRHP Draft Prospectus PDF
RHP Draft Prospectus -
Demand Tracker

Subscription Status

Skytech Infinite Platform IPO Subscription Demand Status Breakdown
Category Shares Reserved Shares Applied Subscription (x)
QIB 0.29 0.3 1.06xx
NII 13.73 9.87 0.72xx
Retail 13.95 46.91 3.36xx
Overall Subscription 27.97 57.09 2.04xx
Analysis

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.

Timeline

IPO roadmap at a glance

✓
Bidding Opens 14 Aug 2026
✓
Bidding Closes 18 Aug 2026
03
Allotment Next 19 Aug 2026
04
Listing 21 Aug 2026
Skytech Infinite Platform IPO Timeline and Important Dates Schedule
Event / Milestone Scheduled Date Status
Bidding Opens 14 Aug 2026 Completed
Bidding Closes 18 Aug 2026 Completed
Allotment 19 Aug 2026 Next Milestone
Listing 21 Aug 2026 Pending
Grey Market Premium

Daily GMP status

Trend chart builds up as more daily GMP snapshots are recorded.

Skytech Infinite Platform IPO Daily Grey Market Premium (GMP) Trend & Price History
Date GMP Change Gain
18 Aug 2026 ₹1.50 - 1.95%
Swipe to see more →
Market Lot

Application size breakdown

Skytech Infinite Platform IPO Market Lot & Application 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
Swipe to see more →
Fund Utilization

Objects of the Issue & Official Documents

Issue Notes

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.
Analysis

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%
Note: The above table summarizes the provided category-wise reservation for the Skytech Infinite Platform IPO. The anchor investor allocation is currently shown as unavailable.
Analysis

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
Note: The above table summarizes the Skytech Infinite Platform IPO timeline, including the opening date, closing date, allotment, refunds, demat credit and listing date.
Analysis

Skytech Infinite Platform IPO Dates

Particular Dates
IPO Open Date 14 Aug 2026
IPO Close Date 18 Aug 2026
Basis of Allotment 19 Aug 2026
Refunds -
Credit to Demat Account -
IPO Listing Date 21 Aug 2026

Note: The timeline for Skytech Infinite Platform IPO is tentative and subject to change.

Analysis

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 ₹-
Note: The above table summarizes the proposed utilisation of the Skytech Infinite Platform IPO proceeds. Investors should evaluate the company's working capital needs, financial position, business growth and overall use of IPO proceeds while assessing the issue.
Analysis

Skytech Infinite Platform Objects of the Issue & Utilisation of Proceeds

To Be Updated Soon

Analysis

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.
Amount in ₹ Crores: The above table summarizes Skytech Infinite Platform's revenue, expenses, Profit After Tax (PAT) and total assets from FY2024 to FY2026. Investors should evaluate the company's revenue growth, profitability, margins, working capital requirements and IPO valuation while assessing the issue.
Analysis

Skytech Infinite Platform Company Financials

To Be Updated Soon

Analysis

Skytech Infinite Platform Company Valuation – FY2026

To Be Updated Soon

Analysis

Skytech Infinite Platform IPO Peer Group Comparison

To Be Updated Soon

Comparison

Compare Skytech Infinite Platform IPO with similar IPOs

FAQ

Skytech Infinite Platform IPO FAQs

Skytech Infinite Platform IPO GMP today is Rs 2. Investors can use this GMP along with price band and subscription status for a better IPO review.
Based on the latest Grey Market Premium (GMP) of Rs 2 and an issue price of Rs 77, the estimated listing price for Skytech Infinite Platform IPO is Rs 79.00 (approx 2.60% listing gain). Actual listing price is determined by market demand on the listing day.
Skytech Infinite Platform IPO price band is Rs 73.00 to Rs 77.00. Check the latest issue price, lot size and GMP together before applying.
Skytech Infinite Platform IPO open date is 14 Aug 2026, close date is 18 Aug 2026, and listing date is 21 Aug 2026.
Skytech Infinite Platform IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,46,400.
Skytech Infinite Platform is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Skytech Infinite Platform IPO subscription status currently shows Retail 3.36x, QIB 1.06x, NII 0.72x, Overall 2.04x.
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.
Skytech Infinite Platform IPO issue size is 22.68 and the expected allotment date is 19 Aug 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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