Skytech Infinite Platform
Skytech Infinite Platform is a provider of industrial automation solutions specializing in the design, engineering, supply, and maintenance of automation control panels. The company operates in the industrial automation sector, serving diverse industries including power, water, energy, and pharmaceuticals.
Price Band
₹73 - ₹77
Lot Size
3200 Shares
Issue Size
₹22.68 Cr
Fresh Issue
₹22.68 Cr
OFS
N/A
AI Sentiment Score
Listing Price
Listed Aug 21
Est. Listing: ₹78 (+1.3%)
📅 IPO Timeline
✓
Open
Aug 14
✓
Close
Aug 18
✓
Allotment
Aug 19
✓
Refund
Aug 20
✓
Demat
Aug 20
✓
Listing
Aug 21
✨ AI Analysis & Prediction
-0.2%
predicted listing gain
The listing gain is adjusted slightly upward from the 1.3% GMP due to a very small float size and strong financial ratios (ROE/ROCE), but is severely capped by extremely weak institutional (QIB) and HNI demand, which typically prevents a significant listing pop.
💪 Strengths
- Strong return ratios with ROE at 22.11% and ROCE at 25.45%
- 100% Fresh Issue structure indicating promoter commitment
⚠️ Weaknesses
- Very low institutional (QIB) and HNI demand
- Small scale of operations relative to larger industrial players
🚀 Opportunities
- Expansion into emerging industrial automation needs in diverse sectors
- Potential to scale revenue further given the historical growth trend
🛡️ Threats
- High competition in the control panel and automation market
- Dependence on industrial Capex cycles
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Working Capital Requirements | ₹16.81 |
| General Corporate Purposes | ₹5.87 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 44.13 Cr | Rs 45.14 Cr | Rs 51.65 Cr |
| Net Profit / PAT (₹ Cr) | Rs 1.35 Cr | Rs 3.71 Cr | Rs 4.20 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 3.09 Cr | Rs 6.14 Cr | Rs 6.64 Cr |
| Borrowings (₹ Cr) | Rs 3.90 Cr | Rs 5.39 Cr | Rs 9.25 Cr |
| Total Assets (₹ Cr) | Rs 26.00 Cr | Rs 30.05 Cr | Rs 47.57 Cr |
| ROCE % | 17.18% | 32.82% | 26.11% |
Debt/Equity
0.49
📋 Live Subscription Status
QIB
1.06x
NII
0.72x
Retail
3.36x
Total
2.04x
Updated: Aug 22, 2026 8:12 AM
💼 Reservation Quota
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Founded in 2009, Skytech Infinite Platform has established itself over more than a decade as a specialist in industrial automation solutions. The company focuses on the creation of automation control panels that integrate Programmable Logic Controllers (PLC), drive systems, switchgear, and sensors to enhance industrial efficiency and monitoring.
Its comprehensive product portfolio includes various specialized panels such as PCC, APFC, MCC, VFD, PLC, and control desk panels. These products are engineered to help machines operate automatically, reducing manual intervention and increasing operational precision across industrial plants.
The company's business model caters to a wide spectrum of sectors, including power, water, energy, machine tools, infrastructure, motor management, food & beverages, HVAC, chemicals, pharmaceuticals, automotive, and process industries. This diversification allows the firm to mitigate sector-specific downturns.
Based in Bengaluru, Karnataka, the company leverages its technical expertise to provide end-to-end services from design and engineering to installation and commissioning (I&C). This full-lifecycle approach ensures high customer retention and operational reliability for its clients.
The company is promoted by Paramashivam Deiveekan and Suma Deiveekan, who have steered the organization from its inception in 2009 to its current scale as an SME contender in the automation space.
Skytech Infinite Platform is launching an SME IPO on the NSE SME exchange to raise approximately ₹22.68 Crores. The issue is structured as a 100% fresh issue of equity shares with a price band of ₹73 to ₹77 per share. The IPO is open for subscription from August 14, 2026, to August 18, 2026, with the listing scheduled for August 21, 2026. The minimum investment lot is 3,200 shares, amounting to ₹2,46,400.
The proceeds from the fresh issue are primarily earmarked for working capital requirements, with ₹16.81 Crores allocated for this purpose to support operational growth. The absence of an Offer for Sale (OFS) indicates that the promoters are not offloading shares, which is generally viewed as a positive signal of promoter commitment.
Financial performance has shown a steady upward trajectory. Revenue grew from ₹44.15 Crores in FY24 to ₹45.21 Crores in FY25, reaching ₹52.14 Crores in FY26. Net Profit (PAT) also demonstrated growth, increasing from ₹1.35 Crores in FY24 to ₹3.71 Crores in FY25, and further to ₹4.20 Crores in FY26.
From a valuation perspective, the company reports an EPS of ₹6.12 for FY26. While a specific P/E ratio was not provided in the comparison, the company highlights strong efficiency metrics with an ROE of 22.11% and a ROCE of 25.45%. There are no direct listed peers available for a comparative valuation gap analysis.
Key investment strengths include the 100% fresh issue structure and healthy return ratios. However, risks include the company's relatively small scale and the lack of institutional appetite, as seen in the low QIB subscription levels.
Investors should view this IPO as a long-term play based on the growth in PAT and revenue. While the fundamentals appear stable, the low subscription velocity among institutional investors suggests limited immediate listing momentum.