Swastika Infra Ltd IPO

About Swastika Infra Ltd

Our Company was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 pursuant to a deed of partnership dated October 23, 1969 Swastika Electricals & Fertilizers and was last re-constituted on February 1, 2019. Swastika Electricals & Fertilizers was thereafter converted from a partnership firm to a private limited Company as `Swastika Infra Private Limited' under the Companies Act, 2013, pursuant to a certificate of incorporation dated on August 6, 2019, issued by the Registrar of Companies, Jaipur, Rajasthan, India. Subsequently, pursuant to a special resolution dated January 6, 2025, our Company was converted to a public limited company, and the name of our Company was changed from `Swastika Infra Private Limited' to `Swastika Infra Limited', and a fresh certificate of incorporation dated January 27, 2025 was issued by the Registrar of Companies, Central Processing Centre.

India's EPC segment is key to the nation's energy landscape. EPC companies ensure efficiency, quality, and timelyproject completion from design to commissioning. India's energy mix, spanning thermal, hydro, nuclear, &renewables, along with electrification and decarbonization goals, positions the Power EPC sector as vital toindustrial and infrastructural growth. Urbanization, population growth, and industrialization drive electricitydemand.According to the Central Electricity Authority (CEA), power consumption in India for the fiscal year 2022-23reached 1,440.310 TWh. The industrial sector was the largest consumer, accounting for 41.23% of the total,followed by the domestic industry at 24.52% and agriculture at 16.93%. Together, these three sectors comprisedover 82% of the total consumption. In 2023, power consumption climbed to about 1,500 TWh. Projections suggestthat by 2030, India's power demand could soar to between 2,060 and 2,699 TWh. When considering utility-leveldemand, which includes T&D losses, estimates range from 2,039 to 2,454 TWh.With electricity demand set to surge, driven by industrial, domestic, and agricultural needs, India's power EPCsegment is on the brink of significant growth. Meeting this demand will necessitate substantial investments inpower infrastructure. EPC players are poised to capitalize on opportunities in large-scale power plants, renewableprojects, grid modernization, and reducing transmission losses. This is further amplified by government policiesbacking energy transition and capacity expansion. As of 2024, India stands as the world's third-largest powergeneration market, following China and the United States.The Indian electricity sector is witnessing rapid expansion. Data from the Indian Climate and Energy Dashboardshows that by 2024, India's installed capacity surpassed 461 GW, bolstered by a 12 GW addition. The generationmix was dominated by fossil fuels at 53.48%, trailed by renewables at 28.4%, hydro at 10.34%, and nuclear at1.80%.The Indian government has set ambitious targets to double the installed capacity in the next decade, with a strongfocus on renewable energy. By 2030, India aspires to achieve a renewable power generation capacity of 500 GW.An estimated investment of USD 225-250 billion is projected to realize this vision. These initiatives not only caterto the escalating electricity demand but also unveil a vast opportunity for the power EPC market in India.

We are an engineering, procurement and construction company, specializing in execution of power T&D infrastructure projects (EPC Power Projects). Our scope of services in EPC Power Projects covers a comprehensive range of activities, ensuring execution from procurement to commissioning. We provide complete solutions on a turnkey basis, including the supply, erection, installation, testing, and commissioning of power infrastructure. Our scope of work extends to (i) underground cabling work, where we handle the laying, installation, and commissioning of high-voltage/low-voltage power cables to enhance efficiency and reduce power losses; (ii) construction of substations (Gas Insulated Substations /Air Insulated Substations/Grid Sub Station), ensuring seamless power distribution through installation of power transformers, circuit breakers, ring main unit, and other essential components; (iii) undertaking rural and urban electrification projects, which involves working towards expanding electricity access in underserved regions by implementing distribution networks, service connections, and feeder lines in compliance with government electrification schemes; (iv) installation of street lighting systems to enhance urban and rural infrastructure; and (v) Renewable energy works.

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