The Economic Times

Swastika Infra IPO Day 3: Issue subscribed over 1.6x; GMP signals 5% premium Check key details

Swastika Infra IPO entered its final bidding day on September 25, 2026, after securing 1.64 times subscription by Day 2. The Rs 160.88-crore issue has a price band of Rs 175185, with the GMP around 5%. Proceeds will primarily fund working capital. FY26 revenue and profit rose 43% and 52%, respectively, reflecting strong growth.