Skytech Infinite Platform IPO
Listed -3.9%14–18 Aug 2026
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Our IPO analysis
What stands out in the offer document
The five questions
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1How it makes money₹80 of every ₹100 of sales comes from its "EPC Contract" segment.
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2Is it growing, and is profit turning into cash?Sales rose 17% from 2024 to 2026 (₹44.1 cr → ₹51.6 cr). Over 3 years it made ₹9.3 cr of profit and brought in ₹2.2 cr of cash from operations.
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3How much cushion does it have?It owes ₹0.49 for every ₹1 of its own money. The line for manufacturing is ₹2.
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4What you pay, and who gets the moneyAll the money raised goes to the company. At ₹77 you pay about ₹13 for every ₹1 of last year's profit.
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5Who controls it, and what is on record?Promoters own 100% now and 70% after the IPO. The document discloses 2 legal matters.
From the draft document. The final prospectus may change it.
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Latest update:
Listed at ₹74 vs ₹77 issue price (-3.9%) · Day-one close ₹70 · Subscribed 1.98× (QIB 1.1× · NII 0.8× · Retail 3.4×) · Price band ₹73–₹77 · Closed 18 Aug 2026 · Listed 21 Aug 2026 (Confirmed)
How it actually listed
₹74 on open, against a ₹77 issue price -3.9%
It ended its first day at ₹70 (-8.7% against the issue price), per the NSE's price archive.
We were not recording a grey-market premium before it listed.
What Skytech Infinite Platform does
Skytech Infinite Platform Limited specializes in providing comprehensive turnkey automation solutions, encompassing Design, Engineering, Supply, Installation & Commissioning (I&C), and Maintenance of various types of Control Panels from conceptualization to completion.
Skytech Infinite Platform financials
Rs crore · Annual| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 44 | 45 | 52 | |
| Operating Profit | 3 | 6 | 7 | |
| OPM % | 7.0% | 13.6% | 12.9% | |
| Net Profit | 1 | 4 | 4 | |
| Total Debt | 4 | 5 | 9 |
Skytech Infinite Platform IPO offer structure
Fresh issue: ₹23 cr
The fresh issue alone, not the total raise: the document we read does not state the offer-for-sale part.
The document states these as share counts against a blank amount, because the price band is announced separately. Converted here at the cap of ₹77, with each count cited to its page.
Use of proceeds- Working Capital Requirement: ₹17 cr
- Issue Related Expenses
- General Corporate Expenses
Skytech Infinite Platform promoters and holding
- Mr. Paramashivam Deiveekan: Promoter and Managing Director
- Mrs. Suma Deiveekan: Promoter and Executive Director
Skytech Infinite Platform risks and strengths
- We majorly sell our products in Karnataka and any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations. (p.25)
- Our Company depends upon a Single Manufacturing Unit, making us vulnerable to local disruptions and operational failures. (p.25)
- Our raw material procurement is geographically concentrated, making us vulnerable to regional disruptions. (p.25)
Skytech Infinite Platform market and competition
The India industrial automation market is moderately fragmented. Global majors Siemens, ABB India, Schneider Electric, and Rockwell Automation anchor high-end segments, offering integrated portfolios from drives to cloud analytics.
Skytech Infinite Platform outlook, as the document states it
The company is planning an ambitious expansion strategy aimed at capturing new markets and scaling its operations to meet the growing demand for its products through this incremental working capital in hand via IPO. As part of this plan, the company will enter new geographies while simultaneously increasing its footprint in existing markets, expanding product portfolio, and addressing the associated financial requirements to support this growth.
Skytech Infinite Platform IPO: common questions
When does the Skytech Infinite Platform IPO open and close?
The Skytech Infinite Platform IPO is open from 14 Aug 2026 to 18 Aug 2026.
What is the Skytech Infinite Platform IPO price band?
The price band is ₹73–₹77 per share.
How much is the Skytech Infinite Platform IPO subscribed?
As of 10 Oct 2026 the total subscription is 1.98×.
When does the Skytech Infinite Platform IPO list?
The listing date is 21 Aug 2026.
How do I check the Skytech Infinite Platform IPO allotment status?
On the allotment status page published by Integrated Registry Management, this issue's registrar, and on the exchange's basis of allotment. Those are the primary sources. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. We do not hold allotment data and cannot look yours up. How allotment is actually decided →
Skytech Infinite Platform IPO allotment status
Listed 21 Aug 2026. Allotment is decided and published by the registrar, not by us. This issue's registrar is Integrated Registry Management.
Check your allotment on the registrar's own page ↗
We do not hold allotment data and cannot look yours up. If the issue was oversubscribed, retail allotment was decided by lottery, so a valid application does not mean shares. How allotment is actually decided →