Skytech Infinite Platform Limited will open its SME IPO on August 14, aiming to raise Rs 22.68 crore at a price band of Rs 73–77 per share. The industrial automation firm plans to use the funds for working capital as it prepares for an NSE Emerge listing.
Bengaluru-based Skytech Infinite Platform Limited is entering the public market with its initial public offering (IPO) scheduled to open for subscription on August 14, 2026. The company is raising Rs 22.68 crore through a fresh issue of 29.45 lakh equity shares, with the offering closing on August 18, 2026.
The price band for the IPO is set between Rs 73 and Rs 77 per share. Investors who wish to participate must bid in lot sizes of 1,600 shares, which implies a minimum investment of Rs 1,23,200 at the upper price band. The company is expected to list its shares on the NSE Emerge platform on August 21, 2026.
Skytech Infinite specializes in providing industrial automation solutions, including the design, engineering, manufacturing, and maintenance of control panels and integrated systems. The company plans to use the net proceeds from the IPO to meet its working capital requirements. This capital is intended to support the execution of larger projects and facilitate expansion into new geographic regions and sectors.
In terms of financial performance, the company recorded growth in the fiscal year 2026 (FY26). Its total income rose to Rs 52.14 crore, compared to Rs 45.21 crore in the previous year, marking a 15.34% increase. Similarly, the company reported a profit after tax of Rs 4.20 crore for FY26, up from Rs 3.71 crore in FY25.
Investors should be aware of certain risks associated with the company’s business model and the nature of this offering. As an SME (Small and Medium Enterprise) IPO, the stock may experience lower liquidity and higher price volatility compared to larger, mainboard-listed companies. From a business perspective, the company faces geographic concentration risk, as a significant share of its revenue is currently derived from the Karnataka region. This exposes the company to regional economic changes. Additionally, the company relies on a single manufacturing site for its production, meaning any operational disruptions at this facility could affect delivery timelines. Investors may also want to monitor the company's reliance on specific raw material suppliers and its ability to maintain profit margins if supply chain costs increase.