Swastika Castal IPO
Open SmeCurrent GMP
₹10 (+15.38%)
Price Band
₹ 65 – 65
Lot Size
2000
Issue Size
₹14.07 Cr
Minimum Investment
₹260000 (4000 Shares)
Listing Date
28 July 2025
Subscription
5.13x
About the Company
Founded in 1996, Swastika Castal Limited is a trusted name in the aluminium casting industry, delivering precision-engineered components from its base in India to clients across the globe. The company specializes in high-quality aluminium castings, utilizing advanced manufacturing processes such as sand casting, gravity die casting, and vertical centrifugal casting—a technique it pioneered to enhance structural integrity, minimize defects, and optimize material efficiency.
Swastika Castal’s sand casting capabilities handle complex designs up to 250 kg, while gravity casting supports components up to 80 kg with excellent surface finish and dimensional accuracy. Centrifugal casting capacity extends to 70 kg. To ensure product excellence, the company operates state-of-the-art facilities equipped with in-house heat treatment, machining, and inspection systems, offering full control over mechanical properties, stability, and quality.
Product Applications
Swastika Castal serves a wide range of industries, offering critical aluminium castings for:
- Electrical Equipment & Transmission – Precision parts for power and transmission systems.
- Railways & Diesel Engines – Durable castings for transportation and heavy-duty applications.
- Industrial Machinery – Components for air compressors, insulators, and various industrial systems.
- Automotive & Textile Sectors – High-performance castings tailored to industry-specific requirements.
Core Strengths
- Diverse Product Portfolio
- International Market Presence (exports to Europe and the USA)
- ISO 9001:2008 Certified Quality Systems
- Experienced Leadership & Skilled Workforce
- Sustainability-Focused Operations
With a team of 79 professionals and a robust network of vendors, Swastika Castal continues to expand its global footprint, delivering reliable, custom-engineered aluminium castings that meet stringent industrial standards and customer expectations.
Promoters
- Varun Sharda
- Indra Sharda
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.49%
Objects of the Issue
The Company Swastika Castal IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building
- Working Capital Requirements
Address / Contact Info
Swastika Castal Ltd.
117A,Chittaranjan Avenue,
Kolkata West Bengal, 700073
Phone: +91 63539-26282
Email: compliance@aluminiumcasting.net
Website: https://sclcasting.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 21 July 2025
IPO Close Date
Wednesday, 23 July 2025
Basis of Allotment
Thursday, 24 July 2025
Initiation of Refunds
Friday, 25 July 2025
Credit of Shares to Demat
Friday, 25 July 2025
Listing Date
Monday, 28 July 2025 — NSE & BSE
Important Dates
Open Date
21 July 2025
Close Date
23 July 2025
Basis Of Allotment
24 July 2025
Listing Date
28 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 30.83 | 23.82 | 26.24 |
| Revenue | 30.31 | 23.35 | 24.41 |
| Profit After Tax | 2.63 | 0.65 | 0.58 |
| Net Worth | 10.67 | 8.03 | 7.39 |
| Reserve & Surplus | 4.67 | 6.53 | 5.89 |
| Total Borrowings | 9.12 | 8.97 | 9.64 |
EPS Pre
4.39%
EPS Post
3.23%
P/E Pre
14.80
P/E (Post Issue)
20.14x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 28.17 |
| ROCE % | 32.74 |
| Debt / Equity | 0.85 |
| RoNW % | 24.7 |
| PbW | 0 |
| Pat Margin % | 8.88 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 1026000 | 49.95 | 0 |
| Retail Investors | 1028000 | 50.05 | 0 |
| Total | 2054000 | 100 | 0 |
Subscription Status ( Wed, 23 Jul 25 01:45 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 1026000 | 2588000 | 2.52x |
| Retail Investors | 1028000 | 7956000 | 7.74x |
| Total | 2054000 | 10544000 | 5.13x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 260,000.00 |
| Retail (Max) | 2 | 4,000 | 260,000.00 |
| S-HNI (Min) | 3 | 6,000 | 390,000.00 |
| S-HNI (Max) | 7 | 14,000 | 910,000.00 |
| B-HNI (Min) | 8 | 16,000 | 1,040,000.00 |
Registrar
Accurate Securities & Registry Private Limited
91 79-48000319
investors@accuratesecurities.com
https://www.accuratesecurities.com/
Book Running Lead Managers
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Swastika Castal IPO is a Fixed price IPO worth ₹14.07 crores. The price band is ₹65 to 65 per share. The IPO opens on Mon, Jul 21, 2025 and closes on Wed, Jul 23, 2025. It will be listed on BSE and NSE. Accurate Securities & Registry Private Limited is the registrar.
The Swastika Castal IPO opens on Mon, Jul 21, 2025 and closes on Wed, Jul 23, 2025
Swastika Castal IPO Price Band is ₹65 to 65.
Swastika Castal IPO lot size is 2000, and the minimum amount required for application is ₹260000.
The minimum investment for Swastika Castal IPO is approximately ₹260000 based on the upper price band.
To apply for the Swastika Castal IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Jul 23, 2025. After submission, funds are blocked until the basis of allotment of Swastika Castal IPO is finalised.
Swastika Castal IPO issue size is ₹14.07 crores.
Swastika Castal IPO allotment date is Sat, Jun 27, 2026.
The registrar for Swastika Castal IPO is Accurate Securities & Registry Private Limited. Investors can go to Accurate Securities & Registry Private Limited website for IPO allotment status, refund processing, and other queries related to Swastika Castal IPO through their official website or helpline.
The Swastika Castal IPO GMP (Grey Market Premium) is ₹10 as of Mon, Jul 28, 2025. Based on the upper price band of ₹65 per share, the estimated Swastika Castal IPO listing price is ₹75, indicating a potential listing gain of approximately 31% over the issue price.