Swastika Infra, a prominent name in the power infrastructure and EPC (Engineering, Procurement, and Construction) sector, has filed its Draft Red Herring Prospectus (DRHP) with SEBI in preparation for its much-anticipated Initial Public Offering (IPO). The company plans to raise Rs 200 crore through a fresh issue of equity shares, along with an Offer For Sale (OFS) of 19.2 lakh shares by existing promoters and shareholders.
Based in Jaipur, Rajasthan, Swastika Infra is well-recognized for delivering robust EPC power distribution projects across multiple Indian states. With an already impressive portfolio, the company has successfully completed 34 major power distribution infrastructure projects, covering an expansive 8,519.50 circuit kilometers of distribution lines as of February 2025.
🔍 Pre-IPO Strategy
Swastika Infra is also considering raising Rs 40 crore in a pre-IPO placement. Should this round be completed successfully, the fresh issue component of the IPO will be reduced proportionally. This pre-IPO move reflects investor confidence in the company’s long-term potential and financial stability.
💸 Fund Allocation Breakdown
Out of the proposed Rs 200 crore from the fresh issue, Rs 145 crore is allocated towards meeting incremental working capital requirements, which is critical for sustaining large-scale EPC operations. The remaining amount will be utilized for general corporate purposes, ensuring business flexibility and growth momentum.
🏗️ Company Operations & Revenue Sources
Swastika Infra specializes in turnkey solutions for power distribution infrastructure, including procurement, installation, and commissioning of distribution lines and substations. In addition to its core EPC services, the company also generates revenue from the sale of power cables and various electrical equipment, adding diversity to its income streams.
Their impressive track record includes projects across four Indian states, and with the upcoming IPO, the company aims to expand its footprint further, aligning with India’s growing power and infrastructure needs.
🧾 Book-Running Lead Managers
The IPO will be managed by Srujan Alpha Capital Advisors LLP and PhillipCapital (India), both reputed book-running lead managers with extensive experience in handling public issues. Their involvement brings credibility and assurance to potential investors.
🔚 Final Insights
With India’s infrastructure sector poised for rapid expansion, Swastika Infra’s IPO comes at a strategic time. Their established expertise in EPC, coupled with a diversified revenue model and strong project execution history, makes this offering one to watch for investors seeking long-term value.
🔎 Additional Information (From Us)
Investors interested in power infrastructure and capital goods sectors should closely monitor this IPO. As the government continues to push electrification and smart grid upgrades, EPC companies like Swastika Infra are set to benefit from increased demand and funding opportunities.
🔸 Stay updated with such financial news only on ApxNews.in — your trusted source for the latest IPO alerts and market trends.
🔸 Also explore deep analysis and financial coverage on our partner site OxBig News Network – Delivering News with Excellence.
