Mumbai, Sept. 23 -- The initial public offer (IPO) of Swastika Infra was subscribed 0.96 times on the first day of bidding on 23 September 2026, according to stock exchange data at 17:00 IST. The issue received bids for 60,73,866 shares against 63,35,001 shares on offer.

The IPO of Swastika Infra opened for subscription on 23 September 2026 and will close on 25 September 2026. The price band has been fixed at Rs 175 to Rs 185 per share. The minimum bid is 81 shares. The equity shares are proposed to be listed on the BSE and NSE.

The IPO comprises 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 and other selling shareholders. The post-issue promoter and ...