Swastika Infra IPO: Opens At Rs175-185 Price Band; Order Book Stands at Rs2,036 Cr
India, Sept. 23 -- A Jaipur-based engineering, procurement and construction company that builds power transmission and distribution infrastructure for state utilities, and its arrival on the mainboard comes at a time when EPC players in the power space have had a reasonably good run with investors. The issue itself is a straightforward retail-sized bet; a minimum application of Rs. 14,985 puts it well within reach of ordinary investors, unlike some of the steeper SME issues doing the rounds this month. So what does the early picture look like, and is there anything in the numbers worth paying attention to before the book closes?
Three Days to Watch, Not One
Swastika Infra's issue opened Wednesday morning and will stay open through Septe...
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