Skytech Infinite Platform IPO

Incorporated in 2009, Skytech Infinite Platform is engaged in providing turnkey industrial automation solutions, covering design, engineering, supply, installation and commissioning, and maintenance of automation control panels.

The company manufactures and integrates panels incorporating programmable logic controllers (PLCs), drives, switchgear, sensors and actuators. Its product portfolio includes PCC, MCC, VFD, APFC, PLC and control desk panels, which cater to industries such as power, water, energy, infrastructure, food & beverages, HVAC, chemicals & pharmaceuticals, automotive and process industries. The company operates from a 10,000 sq. ft. in-house manufacturing facility in Bengaluru, Karnataka, and has an operating history of over 15 years. It also manufactures Techno Modular Design panels based on a 200 mm modular grid, allowing flexible configurations and layouts.

EPC contracts contributed 79.9% of turnover in FY26, followed by supply of products at 14.9% and AMC and other services at 5.2%. Integrated panels were the largest product contributor at 34.2% of turnover, followed by MCC panels at 19.1% and PLC panels at 17.9%. The company served 268 customers in FY26, with existing customers contributing 83.9% of turnover and new customers contributing 16.1%.

India accounted for 99.9% of turnover, with Karnataka contributing 75.3% and Maharashtra 6.5%. Exports accounted for 0.1% of turnover in FY26 compared with 0.6% in FY25.

The company is an authorised channel partner, distributor or system integrator for Mitsubishi Electric India, Endress+Hauser India, Exor India and Euroteck Environmental. Panel accessories accounted for 44.9% of total purchases in FY26, followed by PLCs at 22.2%, while the largest supplier accounted for 13.9% of purchases and the top ten suppliers contributed 43.7%.