Skytech Infinite Platform
OPENIPO Date: 14 Aug - 18 Aug 2026
Listing Date: 21 Aug 2026
Price Range
Rs.73 - Rs.77
Issue Size
23 Cr
Min Investment
₹1,16,800
Lot Size
1600 Shares
Schedule of Skytech Infinite Platform
Issue open date
14 Aug 2026
Issue close date
18 Aug 2026
UPI mandate deadline
18 Aug 2026 (5 PM)
Allotment finalization
19 Aug 2026
Share credit
20 Aug 2026
Listing date
21 Aug 2026
Mandate end date
2 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 23 Cr |
| Fresh Issue | 22.68 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 19 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 13 Aug 2026 | ₹77 | ₹13 | ₹90 (16.88%) |
| 12 Aug 2026 | ₹77 | ₹0 | ₹77 (0%) |
| 11 Aug 2026 | ₹77 | ₹0 | ₹77 (0%) |
| 10 Aug 2026 | ₹77 | ₹0 | ₹77 (0%) |
Performance Skytech Infinite Platform
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.73 - Rs.77 | .... | .... | .... |
About Skytech Infinite Platform
Skytech Infinite Platform provides turnkey industrial automation solutions, including design, engineering, supply, installation, commissioning, and maintenance. The company caters to sectors such as power, water, energy, infrastructure, food and beverages, chemicals and pharmaceuticals, automotive, HVAC, and other process industries. Its product portfolio includes power control centre (PCC) panels, motor control centre (MCC) panels, automatic power factor control (APFC) panels, variable frequency drive (VFD) panels, PLC panels, control desk panels, flameproof panels and power distribution board panels. It also provides annual maintenance and migration services for automation and control systems. The company operates a 10,000 sq. ft. manufacturing facility in Lingarajapuram, Bengaluru, Karnataka, where it undertakes panel design, assembly, wiring and testing. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds will go to the company. They will be utilised for the following purposes: Working capital requirements of the company - Rs 16.81 crore Issue-related expenses General corporate purposes
| Founded in | 2009 |
| Managing director | Mr. Paramashivam Deiveekan |
| Parent organization |
Financial Overview
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.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |