Skytech Infinite Platform Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Skytech Infinite Platform Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹77
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,23,200
Issue Size
₹22.68 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
49.89%
QIB Quota
1.03%
NII Quota
49.08%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Skytech Infinite Platform Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
70.01%
Issue Type
Book Building - SME
ISIN
INE0VFE01017
About the Company
Our company is engaged in the manufacturing of Automation Control Panels, with a focus on integrating Programmable Logic Controllers (PLCs), drive systems, switchgear, and sensors to streamline industrial automation processes and optimizing commissioning solutions for enhanced performance. These panels are meticulously designed and assembled to include components such as PLCs, drives, switchgears, sensors, and actuators. Each element is precisely wired to ensure seamless operation, efficient troubleshooting, and optimized commissioning of automated systems.
Company History
Our Company was originally incorporated as a Private Limited Company in the name of "Skytech Infinite Platform Private Limited" on May 28, 2009 under the provisions of the Companies Act, 1956 bearing Corporate Identification Number U51506KA2009PTC049970 issued by the Registrar of Companies - Bangalore. Subsequently, our company was converted into Public Limited Company under the provisions of the Companies Act, 2013 and the name of our Company was changed to "Skytech Infinite Platform Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated July 09, 2024 bearing Corporate Identification Number U51506KA2009PLC049970 issued by the Registrar of Companies - Central Processing Centre.
Growth Strategy
- Customer-First, Problem-Solving Approach.
- Agility in Project Execution and Resource Mobilization.
- Robust After-Sales Support and Lifecycle Services.
- Expertise in Multi-OEM Integration
- Driving Growth Through Domestic Penetration and Global Outreach.
- Enhancing Operational Excellence Through Execution, Efficiency, and Workforce Development.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 29,45,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Skytech Infinite Platform Limited (the "Company" or "Issuer") at an issue price of Rs. 77 per equity share (including a share premium of Rs. 67 per equity share) for cash, aggregating up to Rs. 22.68 Crores ("Public Issue") out of which 1,48,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 77 per equity share for cash, aggregating Rs. 1.15 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 27,96,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 77 per equity share for cash, aggregating up to Rs. 21.54 Crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 29.99% and 28.48% respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 77/- per equity share of face value of Rs. 10/- each. The floor price is 7.7 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experienced promoters having deep knowledge to scale up the business.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- The company majorly sells its products in Karnataka and any adverse developments affecting the company's operations in these regions could have an adverse impact on its revenue and results of operations.
- The Company depends upon a Single Manufacturing Unit, making it vulnerable to local disruptions and operational failures.
- The company's raw material procurement is geographically concentrated, making it vulnerable to regional disruptions.
- There are certain discrepancies noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies.
- The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.