Swastika Infra IPO is a planned public offering combining a fresh issue (~₹160 crore) with an offer‐for‐sale of ~19.2 lakh shares by existing shareholders. SEBI has cleared the DRHP, and the IPO is expected to open in July 2025 with a yet-to-be-announced price band and lot size. Investors will watch subscription, GMP (grey market premium), allotment status, and anticipated listing on BSE/NSE for potential listing gains.