Aureate Tradde IPO is a SME IPO of 38,98,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is . The Aureate Tradde IPO open and close dates are not available as of now. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Swastika Infra IPO Details Details
Swastika Infra Limited is coming up with a book-built IPO of ₹160.88 crore, comprising a fresh issue of 69.46 lakh equity shares aggregating to ₹128.50 crore and an Offer for Sale (OFS) of 17.50 lakh shares aggregating to ₹32.38 crore. The IPO will open for subscription on September 23, 2026, and close on September 25, 2026. The basis of allotment is expected to be finalized on September 28, 2026, while the shares are tentatively scheduled to list on both BSE and NSE on September 30, 2026. The company has fixed the price band at ₹175–₹185 per share. The minimum application size for retail investors is 81 shares, translating into a minimum investment of ₹14,985 at the upper end of the price band. Srujan Alpha Capital Advisors LLP is acting as the Book Running Lead Manager (BRLM) to the issue, while MUFG Intime India Private Limited has been appointed as the Registrar. Of the total IPO size, ₹128.50 crore will be raised through the fresh issue, with the proceeds accruing to the company for the purposes specified in its Red Herring Prospectus (RHP). The remaining ₹32.38 crore represents the Offer for Sale, and the proceeds from this portion will go to the respective selling shareholders rather than to the company. Investors should carefully review the RHP, including Swastika Infra's business model, financial performance, order book, competitive strengths, risk factors, proposed utilization of fresh-issue proceeds, and details of the selling shareholders, before making an investment decision.
IPO Details
| IPO Date | 23 Sep 26 |
| Listing Date | 30 Sep 26 |
| Face Value | ₹10 per share |
| Price Band | ₹175 to ₹185 |
| Lot Size | 81 |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | ₹161 Cr |
| Fresh Issue |
₹129 Cr
|
| Offer for Sale | |
| Share Holding Pre Issue | 2,71,74,242 shares |
| Share Holding Post Issue | 3,41,20,188 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
About Swastika Infra IPO Details.
Incorporated in August 2019, Swastika Infra Limited is an Engineering, Procurement and Construction (EPC) company specializing in power transmission and distribution (T&D) infrastructure projects. The company provides end-to-end turnkey EPC solutions covering the supply, erection, installation, testing, and commissioning of power infrastructure.
Its key areas of operations include underground cabling, Gas Insulated Substations (GIS), Air Insulated Substations (AIS), grid substations, rural and urban electrification, street lighting, and renewable energy projects. Its projects also involve the installation of critical electrical infrastructure such as power transformers, circuit breakers, Ring Main Units (RMUs), and other equipment required for power transmission and distribution networks.
As of July 31, 2026, Swastika Infra had completed 36 EPC power projects across six Indian states, covering approximately 18,579.47 km of distribution lines, with an aggregate contract value of ₹764.67 crore. At the same date, the company had 18 ongoing EPC power projects across six states, representing an aggregate order value of approximately ₹2,036.65 crore.
The company has executed projects for several government power utilities, including WBSEDCL, MGVCL, APDCL, GED, HPSEBL, UHBVN, JVVNL, UPCL, AVVNL, RSDCL, MSEDCL, and RRVPNL. A significant portion of its projects are either funded by the World Bank or supported by the Ministry of Power, Government of India, reflecting its exposure to large-scale public power infrastructure development.
Swastika Infra follows an asset-light business model, under which a significant portion of erection activities is undertaken through third-party contractors. Meanwhile, its centralized procurement team manages the sourcing and supply of construction materials and electrical equipment. The company's in-house project engineers and managers supervise project execution, quality control, design specifications, and adherence to project timelines.
As of July 31, 2026, the company had 182 full-time employees, including 65 engineers and technicians across electrical, mechanical, and civil disciplines, as well as 52 project execution supervisors and other personnel involved in project implementation.
Competitive Strengths
Experienced promoters and management team with expertise in the power infrastructure and EPC sectors.
Asset-light operating model supported by centralized procurement and third-party execution capabilities.
Strong order book, providing visibility for future project execution.
Proven execution track record across multiple Indian states and power infrastructure projects.
Established relationships with government utilities and infrastructure clients.
Strong project management and execution capabilities across EPC power projects.
Diversified capabilities spanning power transmission, distribution, substations, electrification, and renewable energy infrastructure.
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|---|
| Assets | 412.24 | 258.54 | 143.26 | |
| Total Income | 505.57 | 352.60 | 211.33 | |
| Profit After Tax | 41.43 | 27.45 | 13.98 | |
| EBITDA | 70.85 | 43.89 | 23.71 | |
| Net Worth | 156.78 | 77.02 | 49.57 | |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of incremental working capital requirements of the Company. | 128.09 |
| 2 | General Corporate Purposes | 0.00 |
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | - |
|---|---|---|
| ROE | 35.44%% | -% |
| ROCE | 25.76%% | -% |
| Debt/Equity | - | - |
| RoNW | 35.44%% | -% |
| PAT Margin | 8.23%% | -% |
| EBITDA Margin | 14.07%% | -% |
Key Performance Indicator (KPI)
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 15.25 | - |
| The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP. | ||
IPO Registrar
- MUFG Intime India Pvt.Ltd.
- 022-49186000
- swastikainfra.ipo@in.mpms.mufg.com
- Visit Website
IPO Lead Manager(s)
Contact Details
Swastika Infra Ltd. Address
Plot no.14 &15, First Floor, Gajraj Apartment Motilalatal Road Opposite Hotel Neelam Jaipur, Rajasthan, 302001
- +91 9116135709
- cs@swastikainfra.com
- Visit Website
IPO FAQs
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What is the Aureate Tradde IPO?
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How to apply in Aureate Tradde IPO through Zerodha?
Zerodha customers can apply online in Aureate Tradde IPO using UPI as a payment gateway. Zerodha customers can apply in Aureate Tradde IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aureate Tradde IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ' Aureate Tradde IPO ' row and click the 'Bid' button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
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When Aureate Tradde IPO will open?
The Aureate Tradde IPO dates are not announced. Please check back again after some time.
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What is the lot size of Aureate Tradde IPO?
Aureate Tradde IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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How to apply for Aureate Tradde IPO?
You can apply in Aureate Tradde IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
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Is online banking secure?
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When is Aureate Tradde IPO allotment?
The finalization of Basis of Allotment for Aureate Tradde IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aureate Tradde IPO allotment status.
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When is Aureate Tradde IPO listing date ?
The Aureate Tradde IPO listing date is not yet announced. The tentative date of listing is .