How to Skytech Infinite Platform IPO Allotment Status

Skytech Infinite Platform Limited is a Bengaluru-based industrial automation and electrical equipment solutions company incorporated in 2009. The company provides end-to-end automation solutions covering design, engineering, supply, installation, commissioning and maintenance of industrial automation systems.  

Its core operations include the design and assembly of electrical and automation control panels, along with marketing, distribution, trading, servicing and installation of industrial automation, electronic and electrical equipment. The company caters to industries including power, water, energy, automotive, infrastructure, chemicals, pharmaceuticals, and food and beverages.  

Skytech Infinite Platform operates an approximately 10,000 sq. ft. manufacturing and panel assembly facility in Lingarajapuram, Bengaluru. Its business combines manufacturing capabilities with system integration, distribution and after-sales support for industrial automation customers.  

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Skytech Infinite Platform IPO is a book-built SME issue of approximately ₹22.68 crore, comprising an entirely fresh issue of 29.46 lakh equity shares. The shares are proposed to be listed on the NSE Emerge platform.  

The IPO opened for subscription on August 14, 2026 and closed on August 18, 2026. The price band was fixed at ₹73 to ₹77 per share, with a lot size of 1,600 shares. The basis of allotment is scheduled for August 19, 2026, followed by refunds and credit of shares on August 20 and a tentative listing on August 21, 2026.  

Finshore Management Services Limited is the book-running lead manager to the IPO, while Integrated Registry Management Services Private Limited is the registrar.  

Registrar: Integrated Registry Management Services Pvt.Ltd.

NSE: NSE IPO Allotment Status Page 

Skytech Infinite Platform IPO Subscription Status 

Skytech Infinite Platform IPO was subscribed 2.04 times on August 18, 2026, based on the final subscription data provided. The issue crossed full subscription on the closing day, with Individual Investors recording the highest demand.

The QIB category was subscribed 1.06 times on the final day, remaining unchanged from its Day 2 subscription level. 

The NII category was subscribed 0.72 times, meaning the portion remained below full subscription at the close of bidding. 

Individual Investors recorded the strongest demand, with the category subscribed 3.36 times. 

Overall subscription increased from 0.46 times on Day 1 to 0.94 times on Day 2, before closing at 2.04 times on Day 3. Individual Investor demand therefore played an important role in taking the overall issue past full subscription. 

Skytech Infinite Platform IPO Share Price and Investment Details 

Skytech Infinite Platform IPO price band was fixed at ₹73 to ₹77 per share, with a minimum bid lot of 1,600 shares. At the upper end of the price band, one lot represents an investment of ₹1,23,200.  

The IPO comprises a fresh issue of 29.46 lakh equity shares and is proposed for listing on NSE Emerge.  

The final subscription pattern was mixed across categories. Individual Investors subscribed 3.36 times, while QIB demand stood at 1.06 times and the NII category remained undersubscribed at 0.72 times. Overall demand eventually reached 2.04 times. 

Given the moderate oversubscription compared with some heavily subscribed SME issues, allotment competition is likely to be concentrated particularly within the Individual Investor category. Listing performance will ultimately depend on prevailing SME market conditions and investor demand when trading begins. 

Utilisation of IPO Proceeds 

Skytech Infinite Platform proposes to utilise the IPO proceeds primarily towards its working capital requirements, general corporate purposes and issue-related expenses.  

According to the company's offer documents, up to approximately ₹14.96 crore was originally proposed towards working capital requirements. The company expects the additional working capital to support the scale-up of its existing business operations.  

As the IPO is structured entirely as a fresh issue, the proceeds will accrue to the company rather than selling shareholders.  

Business Overview 

Skytech Infinite Platform operates in the industrial automation and electrical equipment sector, offering turnkey solutions that span design and engineering through supply, installation, commissioning and maintenance. Its core capabilities include customised electrical and automation control panels for industrial customers.  

The company's customer industries include power, water, energy, automotive, infrastructure, chemicals, pharmaceuticals and food and beverages. This provides it with exposure to automation and electrical equipment spending across several industrial sectors rather than a single end market.  

Skytech Infinite Platform reported revenue of approximately ₹51.64 crore and profit after tax of approximately ₹4.20 crore in FY26, according to recent IPO analysis. This compares with revenue of around ₹44.12 crore and PAT of ₹1.35 crore in FY24.  

The company also acts as a channel partner and system integrator for industrial automation and instrumentation brands, while its in-house facility supports panel design, wiring and assembly.  

Key strengths include its integrated industrial automation capabilities, in-house panel assembly infrastructure, diversified end-user industries, experience in customised automation solutions and established presence in the Bengaluru industrial ecosystem. 

Investors should also consider risks associated with the company's relatively small scale of operations, dependence on industrial capital expenditure, customer and supplier concentration, working-capital requirements, competition from larger automation companies and system integrators, and the need to keep pace with changes in industrial automation technology.