Swastika Infra IPO closes at 7.60x subscription
In short
Swastika Infra’s IPO got 4.81 crore bids for 63.35 lakh shares on offer and finished 7.60 times subscribed. That points to strong demand for the issue.
The report does not say the price band, allotment date, or listing day. Those details are still unknown.
What the reporting says
Swastika Infra’s IPO received bids for 4.81 crore shares against 63.35 lakh shares on offer, ending with 7.60 times subscription. The subscription tally is the only reported detail in the available summary, and no issue price, allotment date, or listing timeline is stated. The immediate consequence appears to be strong demand, but the next steps are not reported.
Why it matters
Swastika Infra’s IPO closed with bids for 4.81 crore shares against 63.35 lakh shares available, translating to 7.60x subscription. The available reporting only establishes demand at the close of the offer. It does not state pricing, investor category breakdown, or what the subscription level means for allotment or listing.