Swastika Infra IPO

Engineering - Construction - Listed on 30 September 2026

+8.1% listing gain
Issue Price (Upper)
Rs 185
Listing Price
Rs 200
Closing Price (NSE)
-
Total Subscription
7.43x

Swastika Infra IPO listing summary

Swastika Infra (Engineering - Construction) closed its IPO window in 2026 and listed on NSE and BSE on 30 September 2026 at an upper band issue price of Rs 185, opening at Rs 200 for a listing gain of +8.1%. The IPO was subscribed 7.43x overall - QIB 3.22x, HNI/NII 18.50x, Retail 5.39x. The total issue size was Rs 161.38 Cr (Fresh Issue Rs 129 Cr, OFS Rs 32.38 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

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About Swastika Infra

Engineering - Construction

Swastika Infra is an engineering, procurement and construction company focused on power distribution infrastructure projects and related electrical products. Its EPC business accounted for the majority of FY2026 revenue, with projects spanning underground cabling, substations, electrification, street lighting and renewable-energy infrastructure.

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About Swastika Infra IPO

Issue structure, listing outcome and context

The IPO had a total size of about ₹161.38 crore, comprising a ₹129 crore fresh issue and ₹32.38 crore offer for sale, priced at ₹185 per share at the upper end. The shares listed on NSE at ₹200 on 30 September 2026, an 8.11% gain over the issue price.

Listing day performance

Listing Gain (Open)
+8.11%
Listing Gain (Close)
-
Day Change After Listing
-
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB3.22x
HNI / NII18.50x
Retail5.39x
Overall7.43x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.96x
Day 21.64x
Day 3 (Final)7.43x

Swastika Infra IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 9+4.90%
Day 2Rs 2+1.10%
Day 3Rs 4+2.20%
Day 4Rs 7.5+4.10%
Day 5Rs 6.5+3.50%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
1.1%-4.9%
IPOGyani AI Prediction
2.3%
Actual Listing Gain
+8.1%

Prediction Accuracy: 5.8 pp (Reasonably accurate)

Issue & financials

Issue SizeRs 161.38 Cr
Fresh IssueRs 129 Cr
OFSRs 32.38 Cr
IPO PE15.24
Peer / Sector PE12.35
PE vs Sector Ratio1.23
Latest EBITDA (Cr)70.85
Debt / Equity0.73

Market context at listing

How the broader market moved around the Swastika Infra IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-
Nifty 1W Return-
Nifty 1M Return-
Nifty during IPO window-

Swastika Infra IPO - FAQs

What was the listing gain of Swastika Infra IPO?

Swastika Infra IPO listed at +8.1% versus the upper issue price of Rs 185 on 30 September 2026.

How many times was Swastika Infra IPO subscribed?

Swastika Infra IPO was subscribed 7.43x overall. QIB portion was subscribed 3.22x, HNI / NII 18.50x and Retail 5.39x.

What was the IPO GMP for Swastika Infra?

IPO GMP started at Rs 9 on Day 1 and moved to Rs 6.5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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