PNN
Bangalore (Karnataka) [India], August 11: Skytech Infinite Platform Limited (‘Company’), a Bengaluru-based supplier of complete turnkey industrial automation options, specialising within the design, engineering, manufacturing, provide, set up, commissioning and upkeep of automation management panels and built-in management programs, introduced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Friday, August 14, 2026 and can shut on Tuesday, August 18, 2026. The Company is proposed to be listed on the NSE Emerge platform. The Issue is a Book Built IPO comprising a recent subject of as much as 29,45,600 fairness shares of face worth of Rs.10 every, with the Price Band mounted at Rs.73 to Rs.77 per fairness share.
* IPO to open for subscription from August 14 to August 18, 2026; proposed itemizing on NSE Emerge
* Fresh subject of as much as 29.46 lakh fairness shares; proceeds to help working capital necessities and common company functions
* FY26 complete earnings grew 15.34% YoY to Rs.52.14 crore, whereas PAT elevated 13.21% to Rs.4.20 crore
The Issue Size is as much as Rs.22,68,11,200 and the Lot Size is 1,600 fairness shares. Finshore Management Services Limited is the Book Running Lead Manager to the Issue, whereas Integrated Registry Management Services (P) Limited is the Registrar to the Issue. The foundation of allotment might be finalized in session with the National Stock Exchange of India Limited, the Designated Stock Exchange, following the closure of the Issue.
The Company intends to utilise as much as Rs.16.81 crore from the Issue proceeds in the direction of assembly its working capital necessities. A portion of the proceeds can even be utilised in the direction of assembly issue-related bills, whereas the stability might be utilised for common company functions, topic to the relevant regulatory limits. The quantity to be utilised in the direction of issue-related bills and common company functions might be decided upon finalisation of the Issue Price and up to date within the Red Herring Prospectus / Prospectus previous to submitting with the Registrar of Companies.
Mr. Paramashivam Deiveekan, Managing Director, Skytech Infinite Platform Limited, stated, ‘Over the years, Skytech Infinite has constructed its power in industrial automation via end-to-end challenge capabilities spanning design, engineering, panel meeting, testing, set up and commissioning. Our customer-specific strategy and relationships with established international automation and instrumentation gamers have helped us construct a presence throughout manufacturing, utilities and infrastructure. The proposed IPO will strengthen our working capital place and help our skill to execute bigger challenge necessities whereas increasing our presence throughout our goal markets. We stay centered on engineering excellence, well timed execution and delivering dependable automation options to our clients.’
Financially, Skytech Infinite reported a robust efficiency in FY26, with complete earnings rising 15.34% year-on-year to Rs.52.14 crore, in comparison with Rs.45.21 crore in FY25. Revenue from operations grew 14.41% to Rs.51.65 crore, whereas EBITDA elevated to Rs.6.65 crore from Rs.6.13 crore in FY25. Profit After Tax stood at Rs.4.20 crore, registering a development of 13.21% over Rs.3.71 crore within the earlier fiscal. The Company’s improved efficiency was supported by development in operational volumes, new contracts and better offtake from current clients.
Going ahead, Skytech Infinite goals to construct on its established capabilities in industrial automation by increasing its buyer base, strengthening its presence throughout manufacturing, utilities and infrastructure sectors and pursuing alternatives in new geographies. With its end-to-end execution capabilities, established trade relationships and deal with customer-specific automation options, the Company stays dedicated to scaling its operations whereas delivering sustainable long-term development.
About Skytech Infinite Platform Limited
Skytech Infinite Platform Limited is a Bengaluru-based supplier of complete turnkey industrial automation options, with capabilities spanning design, engineering, manufacturing, provide, set up, commissioning and upkeep of automation management panels and built-in management programs. With over 15 years of expertise, the Company caters to clients throughout manufacturing, utilities and infrastructure sectors, providing customised automation options based mostly on particular challenge necessities. Its choices embrace PCC panels, MCC panels, VFD panels, APFC panels, PLC panels and Control Desk panels and different customised automation options. The Company has developed relationships and authorisations with established international automation and instrumentation gamers, together with Mitsubishi Electric, Exor India, Endress+Hauser and Euroteck. Skytech Infinite operates from its manufacturing facility in Bengaluru and focuses on delivering dependable, technically compliant and application-specific automation options to its clients.
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