Skytech Infinite Platform Limited is currently trading at ₹77 per share on the NSE, representing no change from its listing price. According to latest trading data, the stock opened at ₹77 and maintained this level throughout the trading session. The counter showed minimal volatility with no significant price movements, indicating stable market sentiment following its debut performance.
Skytech Infinite Platform made its debut on the NSE at ₹74 per share, representing a 3.90% discount to its initial public offer price of ₹77. According to reports from Business Standard, the stock traded at ₹70.30 during the session, marking an 8.70% discount to the issue price. The counter hit a high of ₹74 and a low of ₹70.30, with approximately 3.10 lakh shares changing hands at the counter. The latest trading data shows the stock continues to trade within this range, reflecting the initial market response to the listing.
The company's IPO was subscribed 2.09 times and opened for bidding on 14 August 2026, closing on 18 August 2026. As reported by Business Standard, the price band was fixed between ₹73 to ₹77 per share, with the issue comprising a fresh issue of 29,45,600 equity shares. The promoter and promoter group shareholding diluted to 70.01% from 100% pre-issue. The company's management team includes Suma Deiveekan as Managing Director, Ramaprasad Bellur Kumar as Executive Director, and Raghu Vamsi Alampalli as Non Executive Director.
According to Business Standard, Skytech Infinite Platform recorded revenue from operations of ₹51.65 crore and net profit of ₹4.20 crore for the period ended 31 March 2026. The company provides turnkey industrial automation solutions, covering design, engineering, manufacturing, installation, commissioning and maintenance of automation control panels. As of 30 June 2026, the company had 85 employees, including its directors.
The stock is currently frozen at its lower limit of 5% over its listing price, as reported by Business Standard. The company intends to utilize the net proceeds for working capital requirements and general corporate expenses. The industrial automation solutions integrate PLCs, drives, switchgear, sensors and actuators to improve industrial automation and system performance. The latest trading data continues to reflect this cautious market sentiment following the debut performance.
