Swastika Infra IPO GMP

Swastika Infra IPO GMP Today, 22 September 2026

Swastika Infra IPO GMP today is ₹4. The latest grey market premium for the Swastika Infra IPO is reported at ₹4 on 22 September 2026.

The Swastika Infra IPO price band has been fixed at ₹175 to ₹185 per share. Using the upper price band of ₹185 and the current GMP of ₹4, the estimated listing price works out to ₹189 per share.

At a GMP of ₹4, the indicative listing gain is approximately 2.16% over the upper IPO price of ₹185.

Swastika Infra IPO is scheduled to open for subscription on 23 September 2026 and close on 25 September 2026. The tentative listing date is 30 September 2026 on NSE and BSE.

The IPO is a book-building issue comprising a fresh issue of 69,45,946 shares and an offer for sale of 17,50,000 shares. The total issue size is approximately ₹160.88 crore.

The current GMP of ₹4 is an unofficial grey-market indication. GMP may change before listing depending on IPO demand, broader market conditions and investor sentiment.

GMP is not an official price indicator and does not guarantee the actual Swastika Infra IPO listing price.

Swastika Infra IPO Expected Listing Price

Swastika Infra IPO GMP Trend

Swastika Infra IPO GMP is currently reported at ₹4 as of 22 September 2026.

The latest available GMP update indicates a premium of ₹4 over the upper IPO price of ₹185 and implies an estimated listing price of ₹189 per share if the grey-market premium remains unchanged until listing.

* Estimated listing price is calculated by adding the reported GMP to the IPO upper price band. Estimated profit per lot is calculated as GMP × lot size. Latest calculation: ₹4 × 81 shares = ₹324. GMP-based figures are indicative and may differ from the actual listing price.

Swastika Infra IPO Details

Swastika Infra IPO GMP Profit Estimate

Based on the latest GMP of ₹4 and the upper IPO price of ₹185, the estimated listing price is ₹189 per share.

If the GMP remains at ₹4 until listing, one lot of 81 shares would indicate an estimated GMP-based gain of approximately ₹324.

Swastika Infra IPO GMP Update

What Is Swastika Infra IPO GMP?

IPO GMP means Initial Public Offering Grey Market Premium. It refers to the premium at which an IPO may be informally traded in the grey market before the shares begin trading on the stock exchange.

A positive GMP can indicate that grey-market participants are expecting the IPO to list above its issue price. However, grey-market activity is unofficial and the premium can change based on demand, market sentiment and other factors.

The actual Swastika Infra IPO listing price may be higher or lower than the GMP-based estimate. Investors should not use GMP alone as the basis for an investment decision.

Swastika Infra IPO Company Overview

Swastika Infra Ltd. was incorporated in August 2019 and operates as an engineering, procurement and construction (EPC) company specializing in power transmission and distribution infrastructure.

The company undertakes turnkey EPC activities including supply, erection, installation, testing and commissioning of power infrastructure projects. Its capabilities cover underground cabling, GIS, AIS, grid substations, rural and urban electrification, street lighting and renewable energy works.

As of 31 July 2026, the company had completed 36 EPC Power Projects across 6 states, covering approximately 18,579.47 km of distribution lines, with an aggregate contract value of ₹76,467 lakh.

The company had 18 ongoing EPC Power Projects across 6 states, with an aggregate order value of approximately ₹2,03,665 lakh as of 31 July 2026.

Swastika Infra serves government utility clients across multiple states and has undertaken projects supported by government programmes, including projects funded by the World Bank or supported by the Ministry of Power.

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