Skytech Infinite Platform IPO: Rs 22.68 Cr Raise in August
By ThePip Desk
Skytech Infinite Platform launches IPO on August 14, 2026, aiming to raise Rs 22.68 crore by offering 29,45,600 shares at Rs 73-77 each. Details inside.
Skytech Infinite Platform is set to launch an Initial Public Offering (IPO) this August, aiming to raise Rs 22.68 crore.
The issue will offer 29,45,600 shares, with subscription opening on August 14, 2026, and closing on August 18, 2026.
IPO Key Figures
- **Total Raise:** Rs 22.68 crore
- **Shares Offered:** 29,45,600 shares
- **Price Band:** Rs 73 – 77 per equity share
- **Face Value:** Rs 10 per share
- **Listing Platform:** SME Platform of NSE
- **Issue Open Date:** August 14, 2026
- **Issue Close Date:** August 18, 2026
The company’s shares are priced 7.30 times its face value on the lower side and 7.70 times on the higher side. Finshore Management Services is serving as the book running lead manager for the offering.
Company Overview
Skytech Infinite Platform specializes in comprehensive turnkey automation solutions. This includes design, engineering, supply, installation, commissioning, and maintenance of various control panels.
They manufacture Automation Control Panels, integrating Programmable Logic Controllers (PLCs), drive systems, switchgear, and sensors. This setup aims to streamline industrial automation processes and optimize commissioning solutions for improved performance.
Industry Reach & Operations
The company’s robust control solutions serve a wide range of industries. These include Power, Water, Energy, Machine Tools, Infrastructure, Motor Management, Food & Beverages, HVAC, Chemicals & Pharmaceuticals, Automotive, and Process Industries.
An ISO-certified company, Skytech Infinite Platform has an operating history of over 15 years. They operate from a 10,000 sq. ft. in-house manufacturing facility, equipped for designing, manufacturing, and distributing electrical panels and control systems.