Registered Office:
No.14 & 15 1st Flr Gajraj Aprt,Motilal Atal Road,
Jaipur - 302001,
Rajasthan, India.
Phone : +91 91161 35709
Fax : NA
Initial public offering of 86,95,945 equity shares of face value of (Rs) 10 each ("Equity Shares") of Swastika Infra Limited ("the Company" or the "Issuer") for cash at a price of (Rs) 185 per equity share (including a securities premium of (Rs) 175 per equity share) ("Offer Price") aggregating up to (Rs) 160.88 Crores comprising a fresh issue of 69,45,945 equity shares aggregating to (Rs) 128.50 Crores by the company ("Fresh Issue") and an offer for sale of 17,50,000 equity shares of face value (Rs) 10 each aggregating (Rs) 32.38 Crores comprising up to 2,73,500 equity shares aggregating up to (Rs) 5.06 Crores by Vinay Gupta, 2,73,500 equity shares aggregating (Rs) 5.06 Crores by Ruchira Gupta, 3,28,000 equity shares aggregating (Rs) 6.07 Crores by Biren Parnami, 3,28,000 equity shares aggregating (Rs) 6.07 Crores by Manoj Modi (Collectively, the "Promoter Selling Shareholders"), 2,73,500 equity shares aggregating up to (Rs) 5.06 Crores by Ishaan Bhartia and 2,73,500 equity shares aggregating up to (Rs) 5.06 Crores by Ishita Bhartia (Collectively, the "Other Selling Shareholders". The promoter selling shareholders and the other selling shareholders collectively, the "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale") (Offer for sale together with the fresh issue, the "Offer"). The offer will constitute 24.24% of the post-offer paid-up equity share capital of the company.
The company, in consultation with the brlms, may consider a pre-ipo placement, aggregating up to (Rs) 40.00 crores prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20 % of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).
Price Band: (Rs) 185 per equity share of face value of (Rs) 10/- each.
The floor price is 18.5 times of the face value of the equity shares.
Bids can be made for a minimum of 81 equity shares of face value of (Rs) 10/- each and in multiples of 81 equity shares of face value of (Rs) 10/- each thereafter.
Opens On
Closes On
Application
Allotment
23-Sep-26
25-Sep-26
185.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
81
Further Multiples of :
81
(Rs.Cr)
Lead Managers to the Issue
Project Cost
109.39
Phillip Capital (India) Pvt Ltd