Skytech Infinite Platform rhp: IPO Review & Key Dates

Skytech Infinite Platform is an industrial automation company offering turnkey services across design, engineering, supply, installation, commissioning, and maintenance. The company’s product range includes Power Control Centre panels, Motor Control Centre panels, Variable Frequency Drives, Automatic Power Factor Control panels, Programmable Logic Controllers, and control desk panels.

The 2026 offering is a book-built issue intended for listing on the NSE SME platform. It consists of a fresh issue rather than an offer for sale, meaning the stated proceeds are directed toward the company’s planned objectives instead of selling shares held by existing shareholders.

The published schedule places the subscription period in mid-August 2026. Bids are scheduled to open on August 14 and close on August 18, while allotment is planned for August 19. Refund processing and demat credit are expected on August 20, followed by the proposed NSE SME listing on August 21.

Investors should verify the final timetable through the applicable exchange, registrar, and issue documents before acting. IPO schedules can be affected by procedural updates, and the UPI mandate cutoff is especially important for applications submitted on the final bidding day.

The price band is ₹73 to ₹77 per share, while each lot contains 1,600 shares. Individual investors are required to apply for a minimum of two lots according to the supplied issue details. At the upper price band, this equals 3,200 shares and an application amount of ₹2,46,400.

The stated HNI categories require larger applications. A small HNI application begins at three lots, or 4,800 shares, while a big HNI application begins at nine lots, or 14,400 shares. These amounts create a high entry threshold, so position sizing is a central consideration.

The financial figures below are presented in ₹ lakh. Revenue and profit after tax increased across the three reported periods in the supplied material, while total assets also rose. The available KPI information lists ROCE for the reported years; a complete ROE comparison was not provided in the source data.

As of August 12, 2026, the reported grey market premium was ₹0. Using the upper issue price of ₹77, that figure implied an estimated listing price of ₹77 and an estimated listing gain of 0%. GMP is an unofficial sentiment indicator, not a guaranteed listing outcome, and it can change before listing.

The reservation table allocates shares among market makers, qualified institutional buyers, non-institutional investors, and retail investors. The market-maker reservation is listed separately from the broader investor categories.

Business Strengths

Skytech Infinite Platform operates in industrial automation, a field serving sectors such as power, water, energy, automotive, pharmaceuticals, infrastructure, and food and beverages. Its flexible product offering allows standard and customized configurations for different client requirements.

The company also reports an ISO 9001:2015-certified quality system and a 10,000-square-foot manufacturing facility. A centrally located assembly and testing facility may support factory acceptance testing when customers need to inspect equipment before delivery.

Key Risks

The supplied IPO review identifies leased premises as a material business risk. The registered office and factory operate from leased locations, so non-renewal could create relocation costs, disruption, or additional operating complexity.

Additional SME-market considerations include the relatively high minimum application amount and the possibility of limited liquidity after listing. Investors should read the prospectus and assess customer concentration, working-capital requirements, order visibility, margins, and valuation before making a decision.

The stated IPO objectives include working-capital requirements and general corporate purposes. The working-capital allocation is listed at ₹1,681.30 lakh. This makes cash-cycle analysis particularly relevant for a project-based industrial automation business, where procurement, installation, commissioning, and customer payments can occur at different times.

Use the following framework to organize a review rather than relying on the issue price or grey market alone.

For primary issue details, refer to the Skytech Infinite Platform IPO review and issue summary. Confirm any changes through current exchange and registrar information before submitting an application.