Mumbai, Sept. 28 -- The initial public offer (IPO) of Swastika Infra was subscribed 7.60 times. The issue received bids for 4,81,51,260 shares against 63,35,001 shares on offer.

Qualified institutional buyers (QIBs) subscribed 3.22 times, the non-institutional investor (NII) category subscribed 18.50 times and Retail individual investors (RIIs) subscribed 5.39 times.

The IPO of Swastika Infra opened for subscription on 23 September 2026 and closed on 25 September 2026. The price band was fixed at Rs 175 to Rs 185 per share. The equity shares are proposed to be listed on the BSE and NSE.

The IPO comprised a fresh issue of shares worth Rs 128.50 crore and an offer for sale of 17.50 lakh equity shares by promoters, promoter group members ...