Skytech Infinite Platform IPO

About Skytech Infinite Platform IPO

The Skytech Infinite Platform IPO, an SME IPO, opens on Friday, August 14, 2026 and closes on Tuesday, August 18, 2026. The allotment of shares will take place on Wednesday, August 19, 2026. The credit of shares to the demat account will take place on Thursday, August 20, 2026. The initiation of refunds will take place on Thursday, August 20, 2026. The listing of shares will take place on Friday, August 21, 2026.

The equity shares of the company are proposed to be listed on the NSE SME platform. The offer consists of a fresh issue component. The fresh issue will include 29,45,600 shares aggregating up to ₹22.68 crore, of which 1,48,800 shares aggregating up to ₹1.15 crore are reserved for the market maker. The net issue to the public is 27,96,800 shares aggregating up to ₹21.54 crore.

Skytech Infinite Platform IPO's price band is set at ₹73 to ₹77 per share. The lot size for an application is 1,600 shares, and the minimum application is 2 lots. The minimum amount of investment required by a retail investor is ₹2,46,400 (3,200 shares) based on the upper price band.

Skytech Infinite Platform Limited provides turnkey industrial automation solutions covering design, engineering, supply, installation, commissioning, and maintenance of control panels. The company manufactures Automation Control Panels that integrate programmable logic controllers, drive systems, switchgear, and sensors.

Objectives of Skytech Infinite Platform IPO

• Working capital requirements.
  
• General corporate purposes.
  

Industry Outlook

India's industrial automation market is expanding fast. It stood at USD 17.28 billion in 2025. The market is projected to reach USD 33.64 billion by 2030, registering a compound annual growth rate of 14.26% over the 2025 to 2030 period. This growth is driven by rising factory modernisation, government-backed manufacturing incentives, and steady adoption of digital control systems across Indian industry.

Programmable systems dominate. By automation type, programmable systems led the market with a 42.10% revenue share in 2024, while integrated hyper-automation is the fastest-growing category, advancing at a 17.01% CAGR to 2030. Industrial control systems accounted for 37.80% of the market by solution in 2024, and software is forecast to grow at a 15.60% CAGR through 2030.

End-user demand is broad-based. Automotive and transportation contributed 23.50% of the market in 2024, and electronics and semiconductors are projected to grow at a 17.40% CAGR between 2025 and 2030. On-premises deployments held a 68.00% share in 2024, yet cloud deployments are recording the fastest growth at a 16.45% CAGR through 2030. Skytech Infinite Platform Limited manufactures control panels and turnkey automation systems that serve these expanding end-user sectors.

About Skytech Infinite Platform

Skytech Infinite Platform Limited was incorporated in 2009 and has an operating history of over 15 years. It manufactures Automation Control Panels that integrate programmable logic controllers, drive systems, switchgear, sensors, and actuators for industrial automation. The Company delivers turnkey solutions spanning design, engineering, supply, installation and commissioning, and maintenance. Its product portfolio includes PCC, MCC, VFD, APFC, PLC, and Control Desk panels.

It runs a single 10,000 sq. ft. manufacturing facility in Bangalore, Karnataka. The Company is certified under ISO 9001:2015 for quality management. Its proprietary Techno Modular Design, built on a 200 mm modular grid, allows panels to be configured, expanded, or rearranged, and differentiates it from traditional welded-panel manufacturers. Panels are treated with zirconium nano pre-treatment and finished with RAL 7035 powder coating for corrosion resistance.

Strengths of Skytech Infinite Platform

• Diversified product portfolio comprising PLC panels, MCC panels, VFD panels, PCC panels, APFC panels and control desk panels, enabling the Company to serve multiple industries and reduce dependence on any single product line.
• Experienced promoters and execution team with expertise in automation, control systems and project execution, supporting design, engineering, installation and commissioning activities.
• Strong domestic presence with products and services supplied across various states in India and exposure to power, water, manufacturing, infrastructure and process industries.
• Long-standing relationships with clients and suppliers supporting repeat business, timely procurement and effective project execution.

Risks of Skytech Infinite Platform

• Reliance on third-party OEMs for key automation components exposes the company to potential supply delays, shortages and pricing fluctuations.
• The company’s primary operations are based in Karnataka, which may limit access to certain markets without channel partners or project-based deployments.
• The company may face challenges in retaining skilled engineers, technicians and programmers due to high industry demand for specialised automation expertise.
• The upfront investment required for materials, components and engineering may create working capital pressures, particularly where customer payments are milestone-based or subject to extended approval cycles.

Peer Comparison

The RHP does not provide a peer comparison as there are no publicly listed companies in India with a business model exclusively similar to that of Skytech Infinite Platform Limited.

Anchor Investor Bidding Date

Wednesday, August 13, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details
Integrated Registry Management Services Private Limited
Email: smeipo@integratedindia.in
Phone: 080-23460815/816/817/818

Book Running Lead Manager
Finshore Management Services Limited

Skytech Infinite Platform Contact Details
No. 229/3, Oil Mill Compound, Oil Mill, Road Saitpalya, Lingarajapuram,
Bangalore, Karnataka, India, 560084.
E-mail: harish@skytechinfinite.com
Phone: +91 9901303019

Skytech Infinite Platform Business Model

The company earns its revenue through the design, manufacture, and turnkey supply of industrial Automation Control Panels and related commissioning services. It sells standardised panels such as PCC, MCC, VFD, APFC, and PLC panels, as well as fully customised turnkey automation solutions built to client specifications. Its customers span power, water, energy, infrastructure, food and beverages, chemicals and pharmaceuticals, automotive, and process industries. The company differentiates itself through its proprietary Techno Modular Design and end-to-end delivery, from conceptual design through installation, commissioning, and after-sales lifecycle support. In FY26, existing customers contributed 83.91% of turnover, reflecting a revenue model anchored in repeat business.

Skytech Infinite Platform Growth Trajectory

Skytech Infinite Platform's Total Income for FY26 was ₹52.14 crore, whereas in FY25 and FY24 it was ₹45.21 crore and ₹44.15 crore, respectively.

The Profit After Tax for FY26 was ₹4.20 crore, whereas in FY25 and FY24 it was ₹3.71 crore and ₹1.35 crore, respectively.

Their EBITDA for FY26 was ₹6.65 crore, whereas in FY25 and FY24 it was ₹6.13 crore and ₹3.09 crore, respectively.

Skytech Infinite Platform Market Position

Skytech Infinite Platform Limited operates from a single 10,000 sq. ft. manufacturing facility in Bangalore, Karnataka, and serves customers across India and internationally, including Bhutan, Thailand, China, Singapore, and the USA. The company is certified under ISO 9001:2015 for quality management. In FY26, it served 268 customers, with its top ten customers accounting for 47.23% of revenue from operations.

As of 31 March 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹52.14 crore, ₹4.20 crore, and ₹6.65 crore, respectively.

How to apply for Skytech Infinite Platform IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.