Skytech Infinite Platform Ltd IPO
Infrastructure Developers & Operators
Price Band
₹73 – ₹77
Lot Size
1600
Minimum Bid Quantity
3200
Minimum Investment
₹246400
Issue Size
₹22.68Cr
Opens
2026-08-14
Closes
2026-08-18
Listing
21-08-2026
Subscription Status
Qualified Institutional Buyers
1.06 x
Non-Institutional Investor
0.75 x
Retail Individual Investor
3.35 x
Total
1.98 x
IPO Details
Issue Type
EQUITY
Face Value
₹10
Tick Size
1
ISIN
INE0VFE01017
Pre-Apply Available
No
Daily Bidding Time
10:00:00 - 17:00:00
About the Company
Skytech Infinite Platform provides turnkey industrial automation solutions, including design, engineering, supply, installation, commissioning, and maintenance. The company caters to sectors such as power, water, energy, infrastructure, food and beverages, chemicals and pharmaceuticals, automotive, HVAC, and other process industries. Its product portfolio includes power control centre (PCC) panels, motor control centre (MCC) panels, automatic power factor control (APFC) panels, variable frequency drive (VFD) panels, PLC panels, control desk panels, flameproof panels and power distribution board panels. It also provides annual maintenance and migration services for automation and control systems. The company operates a 10,000 sq. ft. manufacturing facility in Lingarajapuram, Bengaluru, Karnataka, where it undertakes panel design, assembly, wiring and testing. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds will go to the company. They will be utilised for the following purposes: Working capital requirements of the company - Rs 16.81 crore Issue-related expenses General corporate purposes
Pros
- • The company has a diversified automation portfolio comprising PCC, MCC, VFD, PLC, APFC, Control Desk, Flameproof and Power Distribution Board panels. It also undertakes turnkey automation projects covering design, engineering, supply, installation, commissioning, and maintenance.
- • Skytech Infinite Platform is ISO 9001:2015 certified for quality management systems.
- • The company claims to have experience in providing automation solutions across sectors such as power, water, energy, infrastructure, automotive, chemicals and pharmaceuticals, HVAC and process industries.
Cons
- • The company has a high geographical concentration of revenue in Karnataka. Sales from Karnataka accounted for 75.39%, 63.13% and 58.34% of its sales in FY26, FY25 and FY24, respectively. Any adverse economic, regulatory, competitive, or other developments in Karnataka could adversely affect its business, revenue, and results of operations.
- • The company is dependent on a single manufacturing facility located in Bengaluru, Karnataka. Any prolonged shutdown, equipment failure, power disruption, natural disaster or other location-specific disruption at this facility could interrupt production and project execution and adversely affect its business, financial condition and results of operations.
- • The company's raw material procurement is geographically concentrated in Karnataka, Maharashtra, and Haryana. These three states accounted for 84.56%, 91.71% and 90.25% of its total purchases in FY26, FY25 and FY24, respectively. Any disruption in these regions could affect the availability and pricing of raw materials, delay project execution, and adversely affect its operations and financial performance.
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