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( As on 18/09/2026 18:50)

Swastika Infra announces launch of initial public offering

Swastika Infra Ltd. has announced public offering of 8695946 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 175.00 per share. The gross proceeds of the issue are expected to be Rs 16,087.50 lakhs.

The company's initial public offer (IPO) will open on 23 September 2026 and is expected to close on 25 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 175.00-185.00 per share.

The IPO includes a fresh Issue of 8695946 Equity Shares of the Company at an price of Rs 185.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 81 shares with bids in multiples of 81.

Swastika Infra Ltd. anticipates using the proceeds of the issue for .

Srujan Alpha Capital Advisors LLP,PhillipCapital (India) Pvt. Ltd.,Srujan Alpha Capital Advisors LLP as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

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