Swastika Infra IPO Opens with Moderate Subscription and Anchor Investor Support
Swastika Infra's IPO opened on September 23, 2026, with a price band of Rs 175-185 per share, aiming to raise Rs 160.88 crore through a fresh issue and offer for sale. The IPO received an 11% subscription on its first day, led by retail investors, and raised Rs 48.26 crore from six anchor investors at the upper price band. The company plans to use Rs 90 crore for working capital and the rest for corporate purposes. Analysts remain neutral, citing dependence on government projects and customer concentration, with listing expected on September 30.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 46/100.
Outlets measured: businessstandard, economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (52–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 22 Sept, 05:05 pm. Other outlets followed.