IPO Market — India IPO tracker

Skytech Infinite Platform IPO

LISTEDSMESME IPO Dashboard →NEUTRAL

Listing Performance

3.90%

Issue Price

₹77

Listing Price

₹74

Listed On

21 Aug 2026

Price Band
₹73 – ₹77
Lot Size
1600
Lot Value
₹1,23,200
Open Date
14 Aug 2026
Close Date
18 Aug 2026
Min Investment
₹1,23,200
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Skytech Infinite Platform — Live Stock Performance

About Skytech Infinite Platform

HQBangalore, Karnataka
CIN: U51506KA2009PLC049970Registered Office: No. 229/3, Oil Mill Compound, Oil Mill Road Saitpalya, Lingarajapuram, Bangalore, Karnataka, India, 560084Face Value: ₹10www.skytechinfinite.com

Use of IPO Proceeds

Working Capital Requirementsworking capitalFY 2026-27 and FY 2027-28₹16.81 Cr(100.0%)
Issue Related Expensesoffer expenses(0.0%)
General Corporate Purposesgeneral corporate(0.0%)

Total allocation: ₹16.81 Cr (excludes issue expenses)

Promoters

Suma Deiveekan

Promoter and Executive Director · age 52

Bachelor of Science in Physics, Chemistry and Mathematics (B.Sc. PCM) from Vijaya College, Bangalore University

Pre-issue: 60% · Post-issue: 42%

Paramashivam Deiveekan

Promoter

Pre-issue: 40% · Post-issue: 28%

Investment Analysis

Quick Analysis: 6 strengths · 6 risk factors· Exchange: NSE SME

Strengths (6)

  • Diversified automation product portfolio serving multiple industrial sectors
  • Experienced promoters and execution team with deep industry expertise
  • Strong domestic presence across multiple Indian states and sectors
  • Long-standing relationships with clients and suppliers supporting repeat business
  • Strategic facility location enhancing client experience during factory acceptance tests
  • Comprehensive solution offerings through multiple OEM authorizations and partnerships

Risk Factors (6)

  • First public issue with no formal market history; price and post-listing trading cannot be assured.
  • Company operates in competitive technology platform sector with risk of market changes and obsolescence.
  • Significant related party transactions with promoters including director loans create potential conflicts of interest.
  • Small post-issue paid-up capital below ₹10 crore limits financial flexibility and growth capacity.
  • Regulatory changes in technology, data protection, or platform governance could adversely impact operations.
  • Dependence on key management and promoters; loss of leadership poses continuity and performance risks.

📊 Algorithmic Score

Computed from issue structure — GMP, fresh issue %, OFS %, issue size

Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.

✍️ Demand & Risk Analysis

Based on market demand signals — subscription, GMP trend, risk factors

IPO Market Analysis

Listed -3.9%

Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations.

Pre-listing prediction: NEUTRAL

Investor Quota

QIB 50%
NII / HNI 15%
Retail 35%

Approx. shares reserved per category

QIB (50%)14,72,728 shares
NII / HNI (15%)4,41,818 shares
Retail (35%)10,30,909 shares

Estimated from total issue size; actual reserved lots are set in the RHP.

Application Lot Sizes

Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.

CategoryLotsSharesAmount
Retail (min)11,6001,23,200
Retail (max)11,6001,23,200
S-HNI (min)23,2002,46,400
S-HNI (max)812,8009,85,600
B-HNI (min)914,40011,08,800

Subscription Status

Overall subscription(Day 3)
Updated 20 days ago
CategoryDay 1Day 3
QIB
sNII (S-HNI)
bNII (B-HNI)
Retail
Total

Colour: red <1x · green 1–5x · blue 5–10x · orange >10x.

Allotment Statistics

Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.

Basis of Allotment

Category-wise subscription & allotment ratio

View →

IPO Timeline

Issue Opens

14 Aug 2026 · Fri

Issue Closes

18 Aug 2026 · Tue

Bidding Cut-off (UPI Mandate)

18 Aug 2026 · 5:00 PM IST

Allotment

19 Aug 2026 · Wed

Listing

21 Aug 2026 · Fri

IPO Details

RegistrarIntegrated Registry Management Services Private Limited
ExchangeNSE SME
ISIN
Face Value₹10
Issue Size₹22.68 Cr
Fresh Issue
OFS Size
Lead ManagersFINSHORE MANAGEMENT SERVICES LIMITED

3-Year Financial Summary

Revenue trend

FY23FY25

Fiscal YearRevenue (₹Cr)PAT (₹Cr)EPSP/EROE
FY2551.654.26.1222.11%
FY2445.143.71
FY2344.131.35

Detailed Line Items (₹ Cr)

Line ItemFY23FY24FY25
Total Income44.1545.2152.14
EBITDA3.096.136.65
Net Worth11.114.8119.02
Total Borrowings3.95.399.25

From the company's offer document (DRHP/RHP); restated figures where available.

Valuation at Issue Price

Issue P/E

12.6x

Price ÷ EPS

EPS (FY25)

₹6

Earnings per share

RoNW

22.11%

Return on net worth

ROCE

25.45%

as reported in filing

EBITDA margin

12.9%

EBITDA ÷ revenue

Price/NAV

2.78x

Price ÷ NAV (as reported)

Company Fundamentals

11 sections extracted from this filing

Capital Structure

Authorised Capital₹10.00 Cr
Issued Capital₹6.88 Cr
Paid-up Capital₹6.88 Cr
Equity Shares (Pre-Issue)68,75,000
Equity Shares (Post-Issue)
Preference Shares0
ESOP Outstanding0

Source: Skytech Infinite Platform offer document (DRHP/RHP).

Shareholding Pattern

Pre-Issue

  • Suma Deiveekan(Promoter)+60.00%
  • Paramashivam Deiveekan(Promoter)+40.00%
  • Public+0.00%
Total+100.00%

Post-Issue

Post-Issue not disclosed in this filing.Not separately disclosed in Skytech Infinite Platform's filing.

Source: Skytech Infinite Platform offer document (DRHP/RHP).

Reservations & OFS

Investor Reservation

  • QIB+50.00%
  • NII / HNI+15.00%
  • Retail+35.00%

OFS Selling Shareholders

No offer-for-sale component (or sellers not disclosed).

Source: Skytech Infinite Platform offer document (DRHP/RHP).

Board & Management

Board of Directors (5)
  • Paramashivam Deiveekan₹0.32 Cr p.a.

    Managing Director

  • Suma Deiveekan

    Executive Director

  • Ramaprasad Bellur Kumar

    Non-Executive Director

  • Venumuddala Vivek Reddy

    Independent Director

  • Raghu Vamsi Alampalli

    Independent Director

Key Managerial Personnel (2)
  • Binil Kurikilamkattu Scaria₹0.20 Cr p.a.

    Chief Financial Officer

    Master of Commerce from Kannur University

    Around 20 years of experience in accounting operations, tax compliance, and financial matters

  • Harish Kumar Sreekantan₹0.16 Cr p.a.

    Company Secretary and Compliance Officer

    Bachelor of Commerce from Bangalore University, Bengaluru; Qualified Company Secretary and Associate member of the Institute of Company Secretaries of India

    More than 15 years overall experience, approximately 8 years of post-qualification experience in corporate secretarial and compliance matters

Source: Skytech Infinite Platform offer document (DRHP/RHP).

Industry & Market

Market Size (TAM)
₹1728.00 Cr
Growth (CAGR)
+14.26%
Key Competitors
SiemensABB IndiaSchneider ElectricRockwell Automation

Per Mordor Intelligence, a report commissioned by the company (not independent).

Material Litigation

TypeAgainstMattersAmount (₹Cr)
TaxCompany10.029
CivilCompany10.766

The company has one criminal case filed against RKP Drives India Private Limited for a bounced cheque of ₹13.64 lakh and one commercial suit seeking recovery of ₹76.64 lakh in outstanding dues for goods supplied since 2022-23. Additionally, the company received a GST demand order of ₹2.93 lakh which is under appeal.

Registrar (RTA)

SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.

Registrar:Integrated Registry Management Services Private Limited

Lead Managers (BRLMs)

Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).

Documents

Frequently Asked Questions

When is the Skytech Infinite Platform IPO opening?

The Skytech Infinite Platform IPO opens on 14 Aug 2026 and closes on 18 Aug 2026. Check this page for the latest updates as we refresh every 30 minutes.

What is the price band of the Skytech Infinite Platform IPO?

The price band for the Skytech Infinite Platform IPO is ₹73 to ₹77. The final price is announced after the book-building process and is confirmed before listing.

What is the lot size and minimum investment for the Skytech Infinite Platform IPO?

The minimum lot size is 1600 shares with a minimum investment of ₹1,23,200. Retail investors can apply for up to the retail limit defined by SEBI.

What is the GMP of Skytech Infinite Platform IPO today?

The latest Grey Market Premium for Skytech Infinite Platform is ₹1 (+1.30%). GMP is unofficial data and is not a guarantee of listing price.

When will the Skytech Infinite Platform IPO list on NSE and BSE?

The Skytech Infinite Platform IPO is expected to list on 21 Aug 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.

How can I check the Skytech Infinite Platform IPO allotment status?

The registrar for this IPO is Integrated Registry Management Services Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.

Is the Skytech Infinite Platform IPO a mainboard or SME issue?

Skytech Infinite Platform is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.

How do I apply for the Skytech Infinite Platform IPO?

You can apply for the Skytech Infinite Platform IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.

What is the expected listing price of Skytech Infinite Platform IPO?

Based on the current GMP of ₹1, the expected listing price of Skytech Infinite Platform is ₹78 (issue price ₹77 + GMP ₹1). Note that GMP is unofficial grey market data and actual listing price may differ.

Should I subscribe to Skytech Infinite Platform IPO?

Based on our algorithmic analysis, Skytech Infinite Platform IPO is rated NEUTRAL with medium confidence. Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations. This is not investment advice — please read the DRHP and consult a financial advisor before investing.

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Financial Disclaimer: The information on this page is for educational purposes only and does not constitute investment advice. IPO investments are subject to market risks. Grey Market Premium (GMP) figures are unofficial and not endorsed by SEBI, NSE, or BSE. Past performance is not indicative of future returns. Please read the RHP and consult a SEBI-registered advisor before investing.