Bengaluru-based Skytech Infinite Platform is turning to the public market to fuel its next phase of growth, with the industrial automation company set to open its Rs 22.68 crore initial public offering (IPO) on August 14.
The IPO will close on August 18 and is entirely a fresh issue of 29.45 lakh equity shares. The company's shares are proposed to be listed on the NSE Emerge with a tentative listing date fixed on August 21, according to the draft red herring prospectus.