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Swastika Infra IPO Subscription Status Day 1: Issue Subscribed 1.00 Times

Authored By HDFC SKY | Published at: Sep 23, 2026 06:07 PM IST

Swastika Infra IPO Day 1 subscription stood at 1.00x as of 5:04:13 PM on September 23, 2026, with NII at 1.99x, retail at 0.74x and QIB at 0.71x.

Swastika Infra IPO Subscription Status Day 1

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Mumbai, September 23: Swastika Infra IPO opened for subscription on September 23, 2026, and will close on September 25, 2026. The book-built public issue comprises a fresh issue of 69,45,946 shares aggregating up to ₹128.50 crore and an offer for sale of 17,50,000 shares aggregating up to ₹32.38 crore. The price band is fixed at ₹175 to ₹185 per share, while the lot size is 81 shares.

Swastika Infra IPO Day 1 Subscription Status

The Day 1 subscription data was recorded at 5:04:13 PM on September 23, 2026. The overall public issue subscription and category-wise figures are shown below.

Category Subscription
QIB (Ex Anchor) 0.71x
NII 1.99x
Individual Investors 0.74x
Total 1.00x

The anchor investor portion is excluded from the total public subscription calculation.

Category-wise Swastika Infra IPO Subscription Status

The issue comprises 86,95,946 shares in total. Of this, 43,47,973 shares are reserved for QIBs, 13,04,392 shares for NIIs and 30,43,581 shares for retail investors. The QIB allocation includes 26,08,782 shares allotted to anchor investors and 17,39,191 shares for QIBs excluding the anchor portion.

Investor Category Shares Offered Shares Bid For Total Amount (₹ Cr) Subscription
Anchor 26,08,782 26,08,782 48.262 1.00x
QIB (Ex Anchor) 17,39,191 12,34,035 22.830 0.71x
NII 13,04,392 25,94,511 47.998 1.99x
NII (> ₹10L) 8,69,595 22,62,330 41.853 2.60x
NII (< ₹10L) 4,34,797 3,32,181 6.145 0.76x
Individual Investors 30,43,581 22,47,831 41.585 0.74x
Total Public Issue 60,87,164 60,76,377 112.413 1.00x

The issue had received 24,251 applications at the time of the Day 1 update.

Swastika Infra Day-Wise Subscription Summary

The issue opened for bidding on September 23, 2026. The latest subscription data was recorded at 5:04:13 PM on the opening day.

Date QIB (Ex Anchor) NII NII (> ₹10L) NII (< ₹10L) Retail Total
September 23, 2026 (Day 1) 0.71x 1.99x 2.60x 0.76x 0.74x 1.00x

Swastika Infra IPO Timeline

IPO Milestone Date
Issue Open Date September 23, 2026
Issue Close Date September 25, 2026
Basis of Allotment Date September 28, 2026
Initiation of Refunds September 29, 2026
Credit of Shares September 29, 2026
Listing Date September 30, 2026

Brief Overview Of The IPO

Swastika Infra is raising ₹160.88 crore through a combination of a fresh issue of 69,45,946 shares aggregating up to ₹128.50 crore and an offer for sale of 17,50,000 shares aggregating up to ₹32.38 crore. The book-built IPO has a price band of ₹175 to ₹185 per share and a face value of ₹10 per share. The lot size is 81 shares. The minimum application for retail investors is one lot, comprising 81 shares, requiring ₹14,985 at the upper end of the price band.

Swastika Infra is an engineering, procurement and construction company focused on power transmission and distribution infrastructure projects. Its work includes underground cabling, substations, rural and urban electrification, street lighting and related power infrastructure, along with trading of electrical products. The IPO is scheduled to list on the BSE and NSE platforms on September 30, 2026. Srujan Alpha Capital Advisors LLP is the book running lead manager, while MUFG Intime India Pvt Ltd. is the registrar to the issue.

Source:

  • https://www.nseindia.com/market-data/issue-information?symbol=SWASTIKAIN&series=EQ&type=Active
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