IPO Details

About Company

Swastika Infra Ltd., incorporated in 2005, is a prominent player in the Indian infrastructure sector, focusing on construction and development of residential and commercial properties. The company operates under the Swastika Group, which has diversified interests across various sectors including real estate, hospitality, and retail. Swastika Infra boasts a robust product portfolio comprising residential complexes, commercial spaces, and infrastructure projects such as roads and bridges. With a manufacturing capacity that supports large-scale construction activities, the company has established a significant geographic presence across key Indian cities, including Mumbai, Pune, and Bangalore. Its distribution network is well-developed, utilizing a combination of direct sales and partnerships with local real estate agents, ensuring effective market penetration. As per the latest financials, Swastika Infra reported a total income of ₹500 crores, with a net profit of ₹50 crores, reflecting an EBITDA margin of 15%. The company has a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%, while maintaining a Debt-Equity ratio of 0.5, indicating a balanced approach towards leveraging. The objectives of the IPO include funding expansion initiatives, enhancing its project pipeline, and repaying existing debt to strengthen its balance sheet. Post-issue, the market capitalization is projected to be around ₹1,200 crores, with an expected Earnings Per Share (EPS) of ₹5 and a Price-to-Earnings (P/E) ratio of 24. Investor sentiment appears cautiously optimistic, driven by the company's growth prospects and the overall recovery in the real estate sector.