Skytech Infinite Platform IPO
Skytech Infinite Platform LtdSME
This IPO has listed.
- Open date
- 14 Aug 2026
- Close date
- 18 Aug 2026
- Min. Investment
- ₹2,46,400
- Lot Size
- -
- Fresh Issue
- ₹22.68 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- -
Subscription rate
- Qualified Institutional Buyers1.06x
- Non-Institutional Investors0.75x
- Retail-Individual Investors3.36x
- Total1.99x
Schedule
- Completed: IPO open date14 Aug 2026
- Completed: IPO close date18 Aug 2026
- Completed: Allotment date19 Aug 2026
- Completed: Funds unblock or debit20 Aug 2026
- Completed: Tentative listing date21 Aug 2026
About
Promoter shareholding in Skytech Infinite Platform Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Suma Deiveekan | 41,24,945 | 60.00% | 41,24,945 | 42.00% |
| Paramashivam Deiveekan | 27,50,000 | 40.00% | 27,50,000 | 28.00% |
Skytech Infinite Platform IPO Strengths & Risks
- Experienced promoters having deep knowledge to scale up the business.
- Established and proven track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with our customers.
- Quality Assurance & Control.
- Risks Relating to the Business: The company majorly sells its products in Karnataka and any adverse developments affecting the company's operations in these regions could have an adverse impact on its revenue and results of operations.
- Risks Relating to the Business: The Company depends upon a Single Manufacturing Unit, making it vulnerable to local disruptions and operational failures.
- Risks Relating to the Business: The company's raw material procurement is geographically concentrated, making it vulnerable to regional disruptions.
- Risks Relating to the Business: There are certain discrepancies noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies.
- Risks Relating to the Business: The Company, Directors, Promoters and Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.
- Risks Relating to the Business: There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
- Risks Relating to the Business: The company's revenue is highly dependent on clients located in India. Any decline in the economic health of India could adversely affect its business, financial condition and results of operations.
- Risks Relating to the Business: The company's clientele comes from various Industrial Segments, such as, Power, Furnace, Water, Pump Manufacturing, Oil and Gas, Pharma, Steel, Renewable, Software, Transportation etc. and therefore any downturn in these industries may adversely affect the revenue and operating profit of the company.
- Risks Relating to the Business: The company's registered office and factory is located on premises taken on lease. If the company is unable to renew these leases or relocate on commercially suitable terms, it may have a material adverse effect on its business, results of operation and financial condition.
- Risks Relating to the Business: The company cannot assure that its projects will be free from defects, which may adversely affect the company's business, financial condition, results of operations, and prospects.
- Risks Relating to the Business: The company's business is substantially dependent on existing customers and a limited number of key customers, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on the company's business and results of operations.
- Risks Relating to the Business: The Company has negative cash flow in recent fiscals, details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
- Risks Relating to the Business: The company's business is dependent on certain suppliers and the loss of one or more of them would have a material adverse effect on the business.
- Risks Relating to the Business: The company's business is dependent on information technology systems and the secure handling of confidential information, and any system disruptions, cybersecurity incidents or non-compliance with data protection laws may adversely affect its business.
- Risks Relating to the Business: The company's insurance coverage may not be adequate to protect it against certain risks, which could adversely affect its business, results of operations and financial condition.
- Risks Relating to the Business: The company's management will have broad discretion in how its apply the Net Proceeds of the Issue and there is no assurance that the Objects of the Offer will be achieved within the time frame expected, or at all, or that the deployment of Net Proceeds in the manner intended by it will result in an increase in the value of your investment.
- Risks Relating to the Business: The company's inability to manage its inventory and foresee accurate demand for the company's products for a future period may adversely affect its reputation, business, results of operation and the company's financial performance.
- Risks Relating to the Business: The company's operations is dependent on high working capital requirements, and any inability to secure sufficient working capital may adversely affect its business, results of operations, and financial condition.
- Risks Relating to the Business: The company is subject to government regulation, and failures to obtain, maintain, or renew statutory and regulatory approvals may adversely affect its business and results of operations.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares by the company's Promoters is lower than the Issue Price.
- Risks Relating to the Business: The company has certain contingent liabilities, which, if materialized, may affect its financial condition and results of operations.
- Risks Relating to the Business: The company is dependent on Promoters, directors and key managerial personnel of its Company for success whose loss could seriously impair the ability to continue to manage and expand business efficiently.
- Risks Relating to the Business: The company operates in a highly competitive industry, and its inability to compete effectively with existing or new competitors may adversely affect the company's business, financial condition, and results of operations.
- Risks Relating to the Business: The success of the company's business strategy depends on its ability to strengthen the company's reputation and expand its product portfolio. Failures to maintain or enhance the company's reputation and consumer trust may materially and adversely affect its business.
- Risks Relating to the Business: The company's actual results could differ from the estimates and projections used to prepare its financial statements.
- Risks Relating to the Business: The company's business is dependent on authorizations from third-party companies, and any modification, suspension, or termination of these arrangements could adversely affect its operations and financial performance.
- Risks Relating to the Business: The company's operations is manpower intensive, and its business is dependent on skilled engineers; any shortage, strike, or disruption in the workforce could adversely affect the company's operations and financial performance.
- Risks Relating to the Business: The company's operations is exposed to risks of accidents or mishaps, which could result in damage, loss of life, or disruption to its business.
- Risks Relating to the Business: The company's business could be adversely affected by employee misconduct or errors, which may impact its financial condition, results of operations, and reputation.
- Risks Relating to the Business: The company's funding requirements and the proposed deployment of the Net Proceeds are based on management estimates and have not been independently appraised.
- Risks Relating to the Business: In addition to the company's existing indebtedness for its operations, the company may be required to obtain further loan during the course of business. There can be no assurance that its would be able to service the company's existing and/or additional indebtedness.
- Risks Relating to the Business: The company's lenders has charged over its movable, immovable properties and book debts in respect of finance availed by it.
- Risks Relating to the Business: The Company does not has any listed peer companies for comparison of performance and therefore, investors must relies on their own examination of accounting ratios of the Company for the purposes of investment in the Issue.
- Risks Relating to the Business: The company is subject to risks arising from interest rate fluctuations, which could adversely affect its business, financial condition and results of operations.
- Risks Relating to the Business: The company may not be successful in implementing its business strategies.
- Risks Relating to the Business: The Logo used by the Company is currently not registered under Trade Marks Act, 1999. Failure to protect its intellectual property rights may adversely affect the company's competitive business position, financial condition and profitability.
- Risks Relating to the Business: Industry information included in this Red Herring Prospectus has been derived from www.ibef.org and other publicly available sources. There can be no assurance that such third-party statistical, financial and other industry information is either complete or accurate.
- Risks Relating to the Business: An inability to renew quality accreditations in a timely manner or at all, or any deficiencies in the quality of the company's products may adversely affect its business prospects and financial performance.
- Risks Relating to the Business: Major fraud, lapses of internal control or system failures could adversely impact the company's business.
- Risks Relating to the Business: Risk of the company's recent improvement in profit after tax margin not being sustainable.
- Risks Relating to the Business: The Company has entered into certain related party transactions and may continue to do so in the future.
- Risks Relating to the Business: The company has not made any alternate arrangements for meeting its regular working capital requirements. If the company's operations does not generates the necessary cash flow, its working capital requirements may negatively affect the company's operations and financial performance.
- Risks Relating to the Business: Lack of experience of the company's directors as directorship with any listed entity may impact the business operations and performance of the company.
- Risks Relating to the Business: Risk that rising employee attrition or inability to retain skilled personnel may adversely affect the company's operations and performance.
- Risks Relating to the Business: Risk of workplace injuries or operational incidents despite the non-hazardous nature of the company's operations, which may have an adverse impact on its business, operations and financial results.
- Risks Relating to the Business: Customer complaints or product-related issues may impact the company's business and reputation.
- Risks Relating to the Business: The company's inability to introduce new products or adapt to evolving customer preferences and regulatory requirements may adversely affect its competitiveness, business operations and future growth.
- Risks Relating to the Business: The company's reliance on design and development activities is important for its future growth, and any shortfall in these efforts may affect the company's competitiveness.
- Risks Relating to the Business: The company's operations is subject to environmental, labour, health and safety regulations, and any non-compliance may affect its business.
- Risks Relating to the Business: The activities carried out at its facilities may cause injury to people or damage to property, which could affect the company's operations.
- Risks Relating to the Business: The company does not has a credit rating, and this may restrict its access to certain financing options or increase the company's borrowing costs.
- Risks Relating to the Business: Competition for skilled employees and rising manpower costs may affect the company's profitability.
- Risks Relating to the Business: The company's business involves product warranties and returns obligations, which may affect its financial performance.
- Risks Relating to the Business: Risks arising from sanctions, changes in trade policies and the imposition of non-tariff barriers that may adversely affect the company's business.
- Risks Relating to the Business: Upon completion of the Issue, the company's Promoters may continue to retain significant control, which will allow them to influence the outcome of matters submitted to the shareholders for approval.
- Risks Relating to the Business: In the event there is any delay in the completion of the Issue, there would be a corresponding delay in the completion of the objects of this Issue which would in turn affect the company's revenue and results of operations.
- Risks Relating to the Business: There is no guarantee that the company's Equity Shares will be listed on the EMERGE Platform of National stock Exchange of India Limited in a timely manner or at all.
- Risks Relating to the Business: The requirements of being a public listed company may strain its resources and impose additional requirements.
- Risks Relating to the Business: Listing of the company's Equity Shares may subject it to surveillance measures such as ASM or GSM, which could affect market perception and trading in the company's shares.
- Risks Relating to the Business: The Issue Price of the company's Equity Shares may not be indicative of the market price of its Equity Shares after the Issue.
- Risks Relating to the Business: After this Issue, the price of the company's Equity Shares may be volatile, or an active trading market for its Equity Shares may not be sustained.
- Risks Relating to the Business: The investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.
- Risks Relating to the Business: There are restrictions on daily movements in the price of the Equity Shares, which may adversely affect a shareholder's ability to sell, or the price at which it can sell, Equity Shares at a particular point in time.
- Risks Relating to the Business: Any future issuance of Equity Shares may dilute the investors' shareholdings or sales of the company's Equity Shares by its Promoters or Promoter Group may adversely affect the trading price of the company's Equity Shares.
- Risks Relating to the Business: The Company has not paid any dividends till now and there can be no assurance that its will pay dividends in future.
- Risks Relating to the Business: The company's ability to pay dividends in the future will depends upon its future earnings, financial condition, cash flows, working capital requirements, capital expenditure and restrictive covenants in the company's financing arrangements.
- Risks Relating to the Business: The investors may be restricted in their ability to exercise pre-emptive rights under Indian law and may be adversely affected by future dilution of their ownership position.
- Risks Relating to the Business: You may be subject to Indian taxes arising out of capital gains on sale of Equity Shares.
- Risks Relating to the Business: The Bidders are not permitted to cancel their bids or lower the size of Bids in terms of quantity of Equity Shares or Bid Amount) at any stage.
- Risks Relating to the Business: Foreign investors may be restricted in their ability to purchase or sell Equity Shares.
- Risks Relating to the Business: Rights of shareholders under Indian law may be more limited than under the laws of other jurisdictions.
- Risks Relating to the Business: The company's Equity Shares is quoted in Indian Rupees in India, and therefore investors may be subject to potential losses arising out of exchange rate risk on the Indian Rupee and risks associated with the conversion of Indian Rupee proceeds into foreign currency.
