- Skytech Infinite Platform prospectus: Review the SME IPO structure, timetable, valuation inputs, and company background.
- Issue terms: The price band is ₹73–₹77, with a 1,600-share lot size and a two-lot retail minimum.
- Financial profile: FY 2026 revenue reached ₹5,214.10 lakh, while profit after tax was ₹420.47 lakh.
- Risk focus: SME volatility, leased premises, working-capital needs, and neutral grey-market sentiment require careful review.
Skytech Infinite Platform Prospectus Overview
The Skytech Infinite Platform prospectus should be read as an SME IPO reference covering the company’s fresh issue, proposed use of funds, operating model, financial record, and risk factors. Skytech Infinite Platform is an industrial automation company rather than a game or entertainment property. Its services cover design, engineering, supply, installation and commissioning, and maintenance for industrial electrical and automation systems.
The available issue summary, published on August 12, 2026, describes a book-built IPO planned for the NSE SME platform. The offering consists of a fresh issue with no offer-for-sale component. Figures below are presented in Indian rupees and should be checked against the final exchange filing, prospectus, registrar notice, and broker application screen before any decision.
| Item | Details |
|---|---|
| Company | Skytech Infinite Platform |
| Issue type | Book-built SME IPO |
| Proposed exchange | NSE SME |
| Issue structure | Fresh issue |
| Price band | ₹73–₹77 per share |
| Face value | ₹10 per share |
| Total shares | 29,45,600 |
| Approximate issue size | ₹22.68 crore, rounded to about ₹23 crore |
| Lot size | 1,600 shares |
| Retail minimum | 2 lots, or 3,200 shares |
| Retail amount at ₹77 | ₹2,46,400 |
| Lead manager | Finshore Management Services Ltd. |
| Registrar | Integrated Registry Management Services Pvt. Ltd. |
Business Model
Skytech Infinite Platform supplies turnkey industrial automation solutions for several industrial sectors.
Product Range
Core products include PCC, MCC, VFD, APFC, PLC, and control desk panels.
Operating Footprint
The company reports an ISO-certified 10,000 sq. ft. manufacturing facility and domestic and overseas customers.
Treat the summary figures as an orientation point. Confirm the final prospectus, issue advertisement, and exchange disclosures before submitting an application.
IPO Dates, Bidding Window, and Application Size
The published schedule places the Skytech Infinite Platform IPO bidding window between August 14 and August 18, 2026. Allotment is planned for August 19, followed by refunds and demat credit on August 20. The proposed NSE SME listing date is August 21, 2026.
The timeline matters because UPI mandates, application corrections, and bid revisions must generally be completed within the issue window. Investors should also allow time for their bank or broker to process the mandate before the stated cutoff.
| Event | Scheduled date or time | Practical meaning |
|---|---|---|
| Bidding opens | August 14, 2026 | Applications begin |
| Bidding closes | August 18, 2026 | Final day to submit or revise bids |
| UPI mandate cutoff | 5:00 PM, August 18, 2026 | Mandate should be accepted before the cutoff |
| Allotment | August 19, 2026 | Basis of allotment is expected |
| Refunds begin | August 20, 2026 | Unallotted application funds may be released |
| Demat credit | August 20, 2026 | Allotted shares are expected to reach demat accounts |
| Proposed listing | August 21, 2026 | Scheduled NSE SME listing date |
Review the Final Issue Documents
Check the final prospectus or offer document, financial statements, objects of the issue, promoter details, litigation disclosures, and risk factors. Pay particular attention to information that may have changed after the August 12 summary.
Calculate the Required Funds
The minimum individual application is two lots, equal to 3,200 shares. At the upper price of ₹77, the stated application amount is ₹2,46,400.
Submit the Bid Through an Approved Channel
Enter the correct PAN, demat details, bid quantity, and price choice through your broker or other permitted application route. Review every field before confirmation.
Approve the UPI Mandate
Accept the mandate within the required time and keep sufficient funds available. A submitted bid may not be effective if the mandate is not confirmed.
Check Allotment and Listing Updates
Review the registrar or exchange update after allotment. If shares are not allotted, monitor the refund and release of blocked funds.
| Application category | Minimum lots | Shares | Amount at ₹77 |
|---|---|---|---|
| Individual investor | 2 | 3,200 | ₹2,46,400 |
| S-HNI | 3 | 4,800 | ₹3,69,600 |
| S-HNI maximum stated | 8 | 12,800 | ₹9,85,600 |
| B-HNI minimum | 9 | 14,400 | ₹11,08,800 |
The stated retail minimum is substantial for an SME issue. Do not commit funds solely because an IPO has a scheduled listing or a published price band.
Financials, KPIs, and Grey-Market Context
The financial information supplied for the issue shows growth in revenue, assets, and profit after tax across the reported financial years. Revenue increased from ₹4,414.85 lakh in FY 2024 to ₹5,214.10 lakh in FY 2026. Profit after tax rose from ₹135.09 lakh to ₹420.47 lakh over the same comparison.
The source lists ROCE values of 17.48%, 33.10%, and 25.45% for FY 2024, FY 2025, and FY 2026 respectively. The provided material does not clearly populate the ROE row, so no ROE conclusion should be drawn from the summary alone.
| Financial metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total assets, ₹ lakh | 2,599.95 | 3,004.56 | 4,756.84 |
| Revenue, ₹ lakh | 4,414.85 | 4,520.81 | 5,214.10 |
| Profit after tax, ₹ lakh | 135.09 | 371.41 | 420.47 |
| ROCE | 17.48% | 33.10% | 25.45% |
| ROE | Not clearly stated | Not clearly stated | Not clearly stated |
A grey-market premium is unofficial and does not guarantee a listing outcome. The supplied update dated August 12, 2026, recorded a GMP of ₹0 and an estimated listing price of ₹77 at the upper issue price. That indicated neutral grey-market sentiment at that point, not a forecast of actual returns.
| Grey-market reference date | GMP | Estimated listing price | Indicated gain | Trend |
|---|---|---|---|---|
| August 12, 2026 | ₹0 | ₹77 | 0.00% | Neutral |
| August 11, 2026 | ₹0 | ₹77 | 0.00% | Neutral |
| August 10, 2026 | Not stated | Not stated | Not stated | Not stated |
Positive Indicators
Revenue and profit increased across the reported period, while the company offers both standard and customized automation configurations.
Valuation Questions
Investors should compare the issue price with earnings, capital requirements, peer businesses, and the final share count.
Sentiment Check
A ₹0 GMP reading on August 12, 2026, reflected neutral unofficial-market sentiment at that time.
Reported growth is useful context, but it does not by itself establish future earnings, listing performance, or suitability for a particular investor.
Business Profile, Issue Objectives, and Reservations
Skytech Infinite Platform was incorporated on May 28, 2009, and is managed by Paramashivam Deiveekan. The company provides electrical control and industrial automation products to sectors including power, water, energy, automotive, pharmaceuticals, infrastructure, and food and beverages.
Its reported market presence includes India and overseas markets such as the United States, Singapore, Thailand, China, and Bhutan. The company also highlights an ISO 9001:2015-certified quality system and a facility designed to support assembly, testing, and Factory Acceptance Tests.
The stated IPO objective is primarily working capital, with ₹1,681.30 lakh identified for working-capital requirements. The remaining proceeds are described for general corporate purposes in the supplied summary.
| Issue objective | Stated allocation |
|---|---|
| Working-capital requirements | ₹1,681.30 lakh |
| General corporate purposes | Amount not clearly stated in supplied summary |
| Investor category | Reserved shares |
|---|---|
| Market maker | 1,48,800 |
| QIB | 28,800 |
| NII | 13,72,800 |
| Retail investors | 13,95,200 |
| Total | 29,45,600 |
Prospectus Review Checklist:
- Confirm the final price band, issue size, and lot size
- Read the objects of the issue and working-capital disclosures
- Compare FY 2024–FY 2026 revenue, profit, assets, and return ratios
- Review promoter, related-party, litigation, and lease-related disclosures
- Check registrar, allotment, refund, and NSE SME listing updates
A structured review of the business, financials, issue objectives, and risks is more useful than relying on subscription excitement or grey-market commentary alone.
Strengths, Risks, and Prospectus Review Points
The company’s business model has several features that may deserve attention. Its product portfolio supports multiple industrial applications, and customized configurations may help it address client-specific requirements. The reported ISO certification and testing facility may also support quality assurance and customer acceptance procedures.
However, an SME IPO can carry higher liquidity and volatility risks than a larger main-board issue. The supplied risk discussion specifically identifies leased premises as a concern. The registered office and factory operate from leased locations, so non-renewal or relocation could create additional costs and operational disruption.
Key review points include:
| Review area | What to examine |
|---|---|
| Working capital | Why the business requires ₹1,681.30 lakh and how the funds may support operations |
| Customer concentration | Whether revenue depends heavily on a small number of industrial clients |
| Lease exposure | Tenure, renewal terms, rent obligations, and relocation contingencies |
| Project execution | Installation, commissioning, warranty, and maintenance responsibilities |
| Margin quality | Whether profit growth is supported by sustainable operating performance |
| SME liquidity | Potential bid-ask spreads, trading volume, and exit limitations after listing |
| Overseas activity | Currency, compliance, collection, and market-specific operating risks |
The available Skytech Infinite Platform IPO overview was published on August 12, 2026, and provides the issue dates, financial snapshot, reservation figures, and risk summary used for this reference guide. Use the final exchange and registrar documents for filing-level confirmation.
The IPO is described as suitable only for investors comfortable with SME offerings and their associated volatility, concentration, and liquidity risks.
Q: What is the Skytech Infinite Platform prospectus about?
It covers the proposed SME IPO, including the fresh issue structure, price band, timetable, company operations, financial information, issue objectives, reservations, and risk factors.
Q: What is the minimum retail application for this IPO?
The stated minimum is two lots of 1,600 shares each, or 3,200 shares. At the upper price of ₹77, the application amount is ₹2,46,400.
Q: What are the reported financial figures for FY 2026?
The supplied summary reports FY 2026 total assets of ₹4,756.84 lakh, revenue of ₹5,214.10 lakh, profit after tax of ₹420.47 lakh, and ROCE of 25.45%.
Q: Does a ₹0 GMP guarantee a flat listing?
No. GMP is unofficial market sentiment and can change. A ₹0 GMP reading on August 12, 2026, should not be treated as an assured listing result.