Swastika Infra Launches IPO of INR 128.50 crore - Wire & Cable India
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Swastika Infra Launches IPO of INR 128.50 crore

Swastika Infra has launched its IPO with a fresh issue of INR 128.50 crore and an OFS of 17.50 lakh equity shares. The issue is priced at INR 175–185 per share and will remain open until September 25, 2026.

Sep 24, 2026

swastika

Swastika Infra Limited, a Jaipur-based Power T&D EPC company, has launched its IPO, comprising a fresh issue of INR 128.50 crore and an Offer for Sale (OFS) of 17.50 lakh equity shares. The issue opened on September 23, 2026, and is priced at INR 175–185 per share. The company provides turnkey EPC solutions across the power transmission and distribution infrastructure segment, including underground cabling, substations, electrification and related works.

Also Read: Orient Cables Fixes Price Band to Raise INR 552 Crore through IPO

The company plans to utilise the fresh issue proceeds primarily towards incremental working capital requirements, with the balance allocated for general corporate purposes.

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