Swastika Castal IPO Details
The Swastika Castal IPO is a fixed price issue with a total issue size of ₹14.07 cr, comprising of fresh issue of 2164000 equity shares. Swastika Castal IPO opened for subscription on Jul 21, 2025 and closed on Jul 23, 2025. Swastika Castal IPO has set the price at ₹65 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹260,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jul 24, 2025, and listed on both the NSE and BSE on Jul 28, 2025.
Accurate Securities & Registry Private Limited has been appointed as the registrar. are the Book Running Lead Manager for the issue.
Before investing in the Swastika Castal IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 65 – 65
- Lot Size
- 2000
- Issue Size
- ₹14.07 Cr
- Minimum Investment
- ₹260000 (4000 Shares)
- Listing Date
- 28 July 2025
Current GMP
₹10 (+15.38%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Swastika Castal Limited
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.
Swastika Castal IPO Promoters
- Varun Sharda
- Indra Sharda
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.49%
Swastika Castal IPO Objective
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
Book Running Lead Managers
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 with a total issue size of ₹14.07 crore. The Swastika Castal IPO price band is ₹65 to 65 per share. The Swastika Castal IPO subscription opens on Mon, Jul 21, 2025, and closes on Wed, Jul 23, 2025. The Swastika Castal IPO will be listed on the BSE. Accurate Securities & Registry Private Limited is the registrar for the Swastika Castal IPO.
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 per share.
Swastika Castal IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
The minimum investment for Swastika Castal IPO is ₹260000, based on one lot of 2000 shares at the upper price band of ₹65 per share.
Investors can apply for the Swastika Castal IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jul 23, 2025. The application amount remains blocked until the Swastika Castal IPO allotment is finalized.
Swastika Castal IPO issue size is ₹14.07 crores.
Swastika Castal IPO allotment date is Wed, Jul 1, 2026.
The registrar for Swastika Castal IPO is Accurate Securities & Registry Private Limited. Investors can go to Accurate Securities & Registry Private Limited website to check Swastika Castal IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.