GMP IPO Watch
Skytech Infinite Platform IPO 2026: Final Day Subscription, ₹22.68 Crore Issue, Industrial Automation Business & Financial Analysis
Skytech Infinite Platform IPO closes on August 18, 2026 at a price band of ₹73–₹77 per sha...
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S
SME IPO
LISTED
NSE SME
SKYTECH
Skytech Infinite Platform IPO
Skytech Infinite Platform IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹2
+2.6%
Est. Listing: ₹79.00
Price Band
₹73 - ₹77
Per equity share
Lot Size
1600 Shares
Min Invest: ₹2,46,400
Issue Size
₹22.68 Cr
Total Public Offering
Issue Dates
13 August 2026 – 17 August 2026
Bidding period
Subscription
2.04x
Total overall demand
Skytech Infinite Platform IPO Details
Key facts at a glance| IPO Open Date | 13 August 2026 | IPO Close Date | 17 August 2026 |
|---|---|---|---|
| Basis of Allotment | 18 August 2026 | Listing Date | 20 August 2026 |
| Price Band | ₹73 - ₹77 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,46,400 |
| Total Issue Size | ₹22.68 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Skytech Infinite Platform IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 13 August 2026 | Confirmed |
| IPO Close Date | 17 August 2026 | Confirmed |
| Basis of Allotment | 18 August 2026 | Tentative |
| Initiation of Refunds | 20 August 2026 | Tentative |
| Credit of Shares to Demat | 20 August 2026 | Tentative |
| IPO Listing Date | 20 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 18 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Skytech Infinite Platform IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,46,400 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,46,400 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹3,69,600 |
| S-HNI (Max) | 8 Lots | 12,800 Shares | ₹9,85,600 |
| B-HNI (Min) | 9 Lots | 14,400 Shares | ₹11,08,800 |
Skytech Infinite Platform IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹2 +2.6%
Estimated Listing Price
₹79.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 18 Aug 2026 | ₹1.5 | ₹78.50 | +1.95% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Skytech Infinite Platform IPO Subscription Status
Demand breakdown by investor category
Retail
3.36x
QIB
1.06x
NII / HNI
0.72x
Total
2.04x
About Skytech Infinite Platform
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.
Key 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.
Key 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 Reservation & Share Quotas
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.
Skytech Infinite Platform IPO Important 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.
Skytech Infinite Platform IPO Important 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.
Skytech Infinite Platform 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.
Skytech Infinite Platform Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Skytech Infinite Platform 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.
Skytech Infinite Platform Company Financial Report
To Be Updated Soon
Skytech Infinite Platform Company Valuation & Key Performance Indicators
To Be Updated Soon
Skytech Infinite Platform Peer Group Comparison
To Be Updated Soon
Skytech Infinite Platform IPO FAQs
Skytech Infinite Platform IPO opens for subscription on 13 August 2026 and closes on 17 August 2026.
The price band for Skytech Infinite Platform IPO is set at ₹73.00 to ₹77.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,46,400).
The latest Grey Market Premium (GMP) for Skytech Infinite Platform IPO is ₹2. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Skytech Infinite Platform IPO is tentatively scheduled for 18 August 2026, and shares are expected to list on the stock exchanges on 20 August 2026.
The registrar details will be confirmed in the official prospectus.
Skytech Infinite Platform IPO Analysis & Articles
