Updating soon
Valuation
Market Cap
₹75.62 Cr
P/E Ratio
12.58x
P/B Ratio
2.78x
Skytech IPO Dates
Open
Close
Allotment
Refunds
Credit
Listing
Conflicting IPOs
IPOs with overlapping timeline
Business Overview
Skytech Infinite Platform Limited, incorporated in 2009 and based in Bangalore, provides turnkey industrial automation solutions spanning design, engineering, supply, installation & commissioning and maintenance of customized control panels. Operating from a 10,000 sq. ft. in-house facility, it manufactures Automation Control Panels integrating PLCs, drives, switchgear and sensors. Its portfolio includes PCC, MCC, APFC, VFD, PLC and Control Desk Panels, serving Power, Water, Energy, Machine Tools, Infrastructure, HVAC, Chemicals & Pharmaceuticals and Automotive sectors. An ISO-certified business with over 15 years of operating history, Skytech serves clients across India and exports to Bhutan, Thailand, China, Singapore and the USA. Its proprietary Techno Modular Design differentiates it from traditional welded panel manufacturers.
Lots & IPO Size
Skytech IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Ind (Min) | 2 | 3,200 | ₹2,46,400 |
| Ind (Max) | 2 | 3,200 | ₹2,46,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,69,600 |
| S-HNI (Max) | 8 | 12,800 | ₹9,85,600 |
| B-HNI (Min) | 9 | 14,400 | ₹11,08,800 |
Market Maker
₹1.49 L
Employee
₹0.00
Shareholder
₹0.00
Skytech IPO Size
Total
₹23 Cr
Fresh Issue
₹23 Cr
(0.29 Cr
Shares)
Offer For Sale
₹0
(0.00
Shares)
Objects of the Issue
Working Capital Requirements
General Corporate Purposes & issue expenses
Total
Key Risk Factors
The company sells its products predominantly in Karnataka, and any adverse developments affecting operations in this region could materially and adversely impact its revenue and results.
Key Risk Factors
The company sells its products predominantly in Karnataka, and any adverse developments affecting operations in this region could materially and adversely impact its revenue and results.
The company depends upon a single manufacturing unit, making it vulnerable to local disruptions, breakdowns or operational disturbances at that facility.
The company's raw material procurement is geographically concentrated, making it vulnerable to regional supply disruptions and price volatility.
Certain discrepancies have been noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies.
The company, its Directors, Promoters and Group Companies are parties to certain legal proceedings; any adverse outcome could affect its business, financial condition and reputation.
There have been instances of delayed filing of returns and depositing of statutory dues with regulatory authorities, which may attract penalties.
The company's revenues are highly dependent on clients located in India, and any decline in the Indian economy could adversely affect its business.
The company's clientele spans varied industrial segments such as Power, Furnace, Water, Pump Manufacturing, Oil & Gas, Pharma, Steel, Renewables and Transportation; a downturn in these industries could adversely affect operations.
The company's registered office and factory are located on leased premises; inability to renew these leases on commercially suitable terms may materially affect the business.
The company cannot assure that its projects will be free from defects, which may adversely affect its business, financial condition, results of operations and prospects.
Skytech IPO Details Live GMP
GMP
₹0
Est. Price
₹77
Est. Gain
0.00%
| Date | GMP (₹) | Est. Price |
|---|
Skytech IPO Peer Comparison
There are no comparable listed peers in India as per the company
Skytech IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue | 51.65 | 45.14 | 44.13 |
| PAT | 4.20 | 3.71 | 1.35 |
| Net Worth | 19.02 | 14.81 | 11.10 |
| Borrowings | 9.25 | 5.39 | 3.90 |
| Assets | 47.57 | 30.05 | 26.00 |
| NAV (₹) | 27.66 | 20.09 | 17.72 |
| EPS (₹) | 6.12 | 5.40 | 21.61 |
Key Performance Indicators (KPIs)
EBITDA
12.87%
PAT
8.14%
ROE
22.11%
ROCE
25.45%
Debt to Equity
0.49
All the data pertains to FY 2025-26. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Skytech IPO Financial Statements
(Rs. in crores)
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Revenue from Ops | 51.65 | 45.14 | 44.13 |
| Other Income | 0.50 | 0.07 | 0.02 |
| Total Income | 52.14 | 45.21 | 44.15 |
| Materials Consumed | 36.17 | 29.60 | 31.98 |
| Changes in Inventories | -1.34 | 0.85 | 0.44 |
| Employee Expense | 7.55 | 6.38 | 5.98 |
| Finance Costs | 0.68 | 0.68 | 0.59 |
| Depreciation | 0.60 | 0.43 | 0.48 |
| Other Expenses | 2.62 | 2.18 | 2.65 |
| Total Expenses | 46.28 | 40.12 | 42.11 |
| Profit Before Tax | 5.86 | 5.08 | 2.04 |
| Tax Expense | 1.66 | 1.37 | 0.68 |
| Profit After Tax | 4.20 | 3.71 | 1.35 |
| EPS — Basic (₹) | 6.12 | 5.40 | 21.61 |
| EPS — Diluted (₹) | 6.12 | 5.40 | 21.61 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Equity Share Capital | 6.88 | 6.88 | 0.63 |
| Reserves & Surplus | 12.14 | 7.94 | 10.48 |
| Total Equity | 19.02 | 14.81 | 11.10 |
| Total Borrowings | 9.25 | 5.39 | 3.90 |
| Trade Payables | 14.75 | 7.44 | 8.73 |
| Other Liabilities | 4.55 | 2.40 | 2.27 |
| Total Equity & Liab | 47.57 | 30.05 | 26.00 |
| Fixed Assets | 6.29 | 5.79 | 6.20 |
| Inventories | 8.66 | 4.64 | 6.58 |
| Trade Receivables | 27.71 | 15.93 | 10.78 |
| Cash & Bank Bal | 3.29 | 1.83 | 0.64 |
| Other Assets | 1.61 | 1.85 | 1.81 |
| Total Assets | 47.57 | 30.05 | 26.00 |
| Particulars | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Cash Flow from Operating Activities | -1.66 | 0.81 | 3.02 |
| Cash Flow from Investing Activities | -0.07 | -0.43 | 0.07 |
| Cash Flow from Financing Activities | 3.18 | 0.82 | -2.48 |
| Net Change in Cash & Equivalents | 1.46 | 1.19 | 0.62 |
| Cash & Equivalents at End of Period | 3.29 | 1.83 | 0.64 |
Promoter Holding
Promoter
100.00%
Public
0.00%
Suma Deiveekan
60.00%
Paramashivam Deiveekan
40.00%
Management
Paramashivam Deiveekan
Age: 55
MD
Remuneration
₹Approved up to ₹84.00 Lakhs p.a.; paid ₹32.02 Lakhs in FY2025-26
Education
Diploma in Electrical Engineering (Govt. Polytechnic, Chanapatna)
Prior Experience
30 years in the industrial automation/control panel business; co-founder of the Company, redesignated MD w.e.f. 12/04/2021
Suma Deiveekan
Age: 52
WTD
Remuneration
₹Paid ₹22.49 Lakhs in FY2025-26
Education
B.Sc. (Physics, Chemistry, Mathematics), Vijaya College, Bangalore University
Prior Experience
20 years of experience; associated with the Company since inception (2009) as Executive Director
Binil Kurikilamkattu Scaria
Age: 45
CFO
Remuneration
₹Paid ₹20.00 Lakhs in FY2025-26
Education
B.Com, Indira Gandhi National Open University
Prior Experience
Experience in accounts, finance, credit analysis and statutory compliance; appointed CFO w.e.f. Feb 06, 2025
Registrar & Lead Managers
Registrar
Integrated Registry
Lead Managers (1)
Company Details
Name: Skytech Infinite Platform Limited
Address: No. 229/3, Oil Mill Compound, Oil Mill Road Saitpalya, Lingarajapuram, Bangalore, Karnataka, India, 560084
Number: +91 9901303019
Email: harish@skytechinfinite.com
Website: https://www.skytechinfinite.com
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Frequently Asked Questions (FAQs)
What is Skytech IPO?
Skytech IPO is a SME IPO having an issue size of
₹23 Crs.
Skytech IPO is priced at
₹73 - ₹77 per
share.
The
issue opens on 14 Aug 26
and
closes on 18 Aug 26.
When will Skytech IPO open?
Skytech IPO opens on
14 Aug 26 and closes on
18 Aug 26.
What is the GMP of Skytech IPO?
The estimated Grey Market Premium of Skytech IPO is
₹0 per share (0.00%).
What is the lot size of Skytech IPO?
The minimum lot size of Skytech IPO is
1600 shares & the minimum application amount
is
Rs.
123200.
When is the allotment of Skytech IPO?
The allotment date of Skytech IPO is
19 Aug 26.
What is the listing date of Skytech IPO?
The listing date of Skytech IPO is
21 Aug 26.
What is the subscription of Skytech IPO?
Skytech IPO is subscribed
-.
What is the price band of Skytech IPO?
Skytech IPO is priced at
₹73 - ₹77 per
share.
How to check allotment status of Skytech IPO?
Click the allotment link on Skytech IPO page of IPO360.
How to apply Skytech IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Skytech IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Skytech IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Skytech IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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