Skytech Infinite Platform SME IPO
Skytech Infinite Platform IPO — date, price band, GMP & allotment 2026
Skytech Infinite Platform Limited provides turnkey industrial automation solutions from Bangalore. It designs, makes and installs control panels such as PCC, MCC, VFD and PLC panels, and is an authorised partner of Mitsubishi Electric India and Endress + Hauser India.
Stock price
Skytech Infinite Platform is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 16 September.
- Open 14 Aug 2026
- Close 18 Aug 2026
- Allotment 19 Aug 2026
- Refund/credit 20 Aug 2026
- Listing 21 Aug 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 14 to 18 Aug, 2026 |
|---|---|
| Price Band | ₹73 – ₹77 |
| Face Value | ₹10 |
| Lot Size | 1600 Shares |
| Issue Size | ₹22.68 Cr |
| Sale Type | Fresh capital only |
| Listing On | NSE SME |
| Registrar | Integrated Registry Management Services Private Limited |
| Min Investment | ₹ 2,46,400 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1600 shares at the ₹77 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3,200 | ₹2,46,400 |
| Retail (max) | 2 | 3,200 | ₹2,46,400 |
| HNI (min) | 3 | 4,800 | ₹3,69,600 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 8
- 01Profit has grown for three years, from Rs 1.35 crore in FY2024 to Rs 3.71 crore in FY2025 and Rs 4.20 crore in FY2026.
- 02Total income rose 15% in FY2026, from Rs 45.21 crore to Rs 52.14 crore.
- 03The company is an authorised partner of established names such as Mitsubishi Electric India and Endress + Hauser India, which helps in getting orders.
- 04It works across many industries including power, water, pharma, food, automotive and infrastructure, so it is not tied to one sector.
- 05It does the complete job from design to installation and maintenance, which brings repeat service income after the panel is sold.
- 06Net worth improved from Rs 11.10 crore in FY2024 to Rs 19.02 crore in FY2026.
- 07Industrial automation demand is supported by new factory setups and by older plants upgrading their control systems.
- 08The company has been in this business since 2009, so it has a track record of over 15 years.
Risks · 8
- 01Growth is slow and profit growth has almost stopped. Total income moved only from Rs 44.15 crore in FY2024 to Rs 45.21 crore in FY2025, and profit rose just 13% in FY2026 from Rs 3.71 crore to Rs 4.20 crore.
- 02Borrowing rose 72% in one year, from Rs 5.39 crore to Rs 9.25 crore.
- 03Almost the entire issue money, Rs 16.81 crore out of Rs 22.68 crore, goes into working capital. Nothing significant is being spent on new capacity.
- 04This is an order based business. If new orders do not come in a quarter, there is no income to fall back on.
- 05The company depends on tie ups with equipment makers such as Mitsubishi and Endress + Hauser. If any of these partnerships ends, it will affect the business.
- 06It is a small company with 87 employees and one location in Bangalore, competing against large automation companies.
- 07Panel making needs bought out items such as PLCs, drives and switchgear. Price rise or supply delay in these parts affects both cost and delivery.
- 08This is an SME issue. One lot is 1,600 shares, which is about Rs 1.23 lakh at the upper band of Rs 77, and SME shares usually trade in low volume after listing.
Three years of numbers
All figures in ₹ crore, as reported in the Skytech Infinite Platform offer document.
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 47.57 | 30.05 | 26.00 |
| Total Income | 52.14 | 45.21 | 44.15 |
| Profit After Tax | 4.20 | 3.71 | 1.35 |
| EBITDA | 6.65 | 6.13 | 3.09 |
| NET Worth | 19.02 | 14.81 | 11.10 |
| Reserves and Surplus | 12.14 | 7.94 | 10.48 |
| Total Borrowing | 9.25 | 5.39 | 3.90 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Skytech Infinite Platform RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Skytech Infinite Platform IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹4.28 |
| Market Cap at Offer Price (₹ Cr) | ₹75.56 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹77 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹16.81 Cr of the issue is earmarked to named objects.
About the company
Control panels are the central boxes from which factory machinery is run and monitored. The company builds panels that bring together PLCs, drive systems, switchgear and sensors so that a plant runs more efficiently. Its product range includes PCC panels, APFC panels, MCC panels, VFD panels, PLC panels and control desk panels.
The company serves many industries including power, water, energy, machine tools, infrastructure, food and beverages, HVAC, chemicals and pharmaceuticals, automotive and other process industries. It is an authorised partner of Mitsubishi Electric India, Endress + Hauser India, Exor India and Euroteck Environmental. Its office, factory and warehouse are in Bangalore, Karnataka, and as on 31 March 2026 it had 87 employees.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 9901303019
044-28140801/28140803
Check allotment status
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Finshore Management Services Limited
4 issues handledBest listing: Grover Jewells (+9.1%). Weakest: Leapfrog Engineering Services (-4.3%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Skytech Infinite Platform?
The current Grey Market Premium is ₹1, or 1.30% over the issue price.
What is the Skytech Infinite Platform IPO price band?
₹73 to ₹77, on a face value of ₹10.
When is the allotment?
The basis of allotment is 19 August 2026, with listing on 21 August 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Integrated Registry Management Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
