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Swastika Infra Launches Rs 161 Crore IPO with Listing Expected September 30

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Swastika Infra Launches Rs 161 Crore IPO with Listing Expected September 30

Analysed 23 Sept 2026·7 sources analysed·Jaipur, India·Business
Swastika Infra Launches Rs 161 Crore IPO with Listing Expected September 30PreviousNext

Swastika Infra Limited, a Rajasthan-based EPC company specializing in power transmission and distribution projects, launched its IPO on September 23, 2026, with a price band of Rs 175-185 per share. The Rs 161 crore issue includes a fresh issue of Rs 128.5 crore and an offer for sale of Rs 32.38 crore. The IPO received nearly full subscription on day one, with anchor investors contributing Rs 48.26 crore. Proceeds will fund working capital and general corporate purposes. Listing is expected on September 30, 2026.

Sentiment
51%
TBN's observations

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 (51/100). 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 of 3 sources · Published under editorial oversight by The Balanced News
Analysed 23 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (51/100)

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.

22 Sept, 05:05 pm3 sources · 12 h23 Sept, 05:24 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    moneycontrol22 Sept, 05:05 pm
    Swastika Infra raises Rs 48.26 crore from anchor investors ahead of Rs 161 crore IPO- Moneycontrol.com
  2. 2
    economictimes23 Sept, 03:35 am
    Swastika Infra IPO opens today: GMP signals 5 listing gain, check key details
  3. 3
    businessstandard23 Sept, 05:24 am
    Swastik Infra IPO: Analysts decode risks, valuation rationale, strategy

Who's involved

Institutions and figures named across source coverage.

Corporate
Minerva VenturesAsas Global Fund Incorporated Venture Capital CompanyPhillipCapital India Private LimitedSwastika Infra LimitedSrujan Alpha Capital Advisors Limited Liability PartnershipShine Star Build-CapLongthrive Capital Venture Capital CompanyKrone FinstockPhillipCapital IndiaLink Intime India Private LimitedSwyom India Alpha FundSwastika Infra

Story context

Category
Business
Location
Jaipur, India
Sources analysed
7
Last analysed
23 Sept 2026
Key entities
Initial public offeringIndian rupeeEngineering, procurement, and constructionIndiaSwastikaLakhCroreNational Stock Exchange of IndiaWorking capitalBombay Stock ExchangeElectric power transmissionElectrification