Swastika Infra IPO Day 3: Issue subscribed over 1.6x; GMP signals 5% premium — Check key details
60-Word AI Digest
Swastika Infra IPO entered its final bidding day on September 25, 2026, after securing 1.64 times subscription by Day 2. The Rs 160.88-crore issue has a price band of Rs 175–185, with the GMP around 5%. Proceeds will primarily fund working capital. FY26 revenue and profit rose 43% and 52%, respectively, reflecting strong growth.
Key Takeaways
- Swastika Infra IPO entered its final bidding day on September 25, 2026, after securing 1.64 times subscription by Day 2.
- The Rs 160.88-crore issue has a price band of Rs 175–185, with the GMP around 5%.
- Proceeds will primarily fund working capital.
Swastika Infra IPO entered its final bidding day on September 25, 2026, after securing 1.64 times subscription by Day 2. The Rs 160.88-crore issue has a price band of Rs 175–185, with the GMP around 5%. Proceeds will primarily fund working capital. FY26 revenue and profit rose 43% and 52%, respectively, reflecting strong growth.
Original Publisher Attribution
This summary was curated from Economic Times.