Swastika Castal IPO
GMP, Subscription, Price, Dates & Financial Details
Castings/forgings
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…
Open Date
Mon, 21 Jul 2025
Close Date
Wed, 23 Jul 2025
Issue Price
₹ 65
Lot Size
2000
Issue Size
₹ 14.07 Cr
Minimum Investment
₹ 260,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Swastika Castal IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹14.07 Crore, comprising a fresh issue of 21.64 Lakh equity shares aggregating to ₹14.07 Crore.
The Swastika Castal IPO remained open for subscription from July 21, 2025, to July 23, 2025. The basis of allotment was finalized on July 24, 2025, and the company's shares were listed on BSE SME Platform on July 28, 2025.
The company had fixed the price at ₹65 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹260,000 (based on the upper price band) to apply for one lot.
Accurate Securities & Registry Private Limited served as the registrar to the issue. acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Swastika Castal Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Swastika Castal IPO Timeline (Tentative)
- IPO Open Date
- Mon, 21 Jul 25
- IPO Close Date
- Wed, 23 Jul 25
- Basis of Allotment
- Thu, 24 Jul 25
- Initiation of Refunds
- Fri, 25 Jul 25
- Credit of Shares to Demat
- Fri, 25 Jul 25
- Listing Date
- Mon, 28 Jul 25 — NSE & BSE
Open Date
21 July 2025
Close Date
23 July 2025
Basis Of Allotment
24 July 2025
Listing Date
28 July 2025
IPO Subscription
Check Live Subscription →The Swastika Castal IPO has received bids for 1,05,44,000 shares against 20,54,000 shares offered, resulting in an overall subscription of 5.13x. the NII category is subscribed 2.52x, Retail Investors 7.74x, and QIBs 0x.
QIB
0x
NII
2.52x
RII
7.74x
Total
5.13x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,28,000 shares, representing 50.05% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 10,26,000 shares (49.95%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 1,026,000 | 49.95% |
| Retail Investors | 1,028,000 | 50.05% |
| Total | 2,054,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Swastika Castal Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 28.17 |
| ROCE % | 32.74 |
| Debt / Equity | 0.85 |
| RoNW % | 24.7 |
| Pat Margin % | 8.88 |
Peers Comparison
No Peer Comparision Available
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
Swastika Castal Limited Address / Contact Details
Swastika Castal Ltd.
117A,Chittaranjan Avenue,
Kolkata West Bengal, 700073
Phone: +91 63539-26282
Email: compliance@aluminiumcasting.net
Website: https://sclcasting.com/
IPO Snapshot
Swastika Castal IPO Lot Size
The Swastika Castal IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,60,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,60,000.
| 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 |
Issue Reservation
- NII — 49.95%
- RII — 50.05%
Book Running Lead Managers
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Swastika Castal 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.
When will the Swastika Castal IPO open for subscription?
The Swastika Castal IPO opens on Mon, Jul 21, 2025 and closes on Wed, Jul 23, 2025
What is Swastika Castal IPO Price Band?
Swastika Castal IPO Price Band is ₹65 to 65 per share.
What is Swastika Castal IPO Lot Size?
Swastika Castal IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
What is the minimum investment for Swastika Castal IPO?
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.
How to apply for Swastika Castal IPO?
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.
What is Swastika Castal IPO Issue Size?
Swastika Castal IPO issue size is ₹14.07 crores.
What is the Swastika Castal IPO Allotment Date?
Swastika Castal IPO allotment date is Thu, Jul 24, 2025.
Who is the Swastika Castal IPO Registrar?
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.
What is the Swastika Castal IPO GMP?
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 15.38% over the issue price.
Who is the Swastika Castal IPO Lead Manager?
The book-running lead managers (BRLMs) for the Swastika Castal IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Swastika Castal IPO Red Herring Prospectus (RHP).