Swastika Castal IPO GMP & Review: Apply or Avoid?

Posted by : sachet | Fri Jul 18 2025

Swastika Castal IPO GMP & Review: Apply or Avoid?

Swastika Castal IPO is open for bidding from 21st July 2025 to 23rd July 2025. It is a bookbuilding IPO of ₹14.07 crore shares and entirely a fresh issue worth ₹ 21.64 lakh shares. The issue will be listed on BSE and SME on its tentative listing date, 28th July 2025 

Swastika Castal IPO Details 

The Swastika Castal IPO date is fixed between 21st July 2025 and 23rd July 2025. The face value of Swastika Castal shares stands at ₹10 per share, and the IPO Issue price is set at ₹65 per share.

Accurate Securities & Registry Private Limited is the registrar of the Swastika Castal IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

IPO Allotment Date24th July 2025
IPO Open Date21st July 2025
IPO Close Date23rd July 2025
Refund Initiation 25th July 2025
Issue Size21,64,000 shares(aggregating up to ₹14.07 Cr)
Face Value₹10 per share
Lot Size2,000 share
Issue Price ₹65 per share
Issue TypeBookbuilding IPO
Listing AtBSE & SME
Listing Date28th July 2025

Swastika Castal  IPO Share Reservation

Swastika Castal IPO is a bookbuilding IPO issue of 21.64 lakh shares worth ₹14.07 crores. Swastika Castal IPO Limited shares will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesReservation Required 
Market Maker Shares Offered1,10,000 (5.08%)
NII (HNI) Shares Offered10,26,000 (47.41%)
Retail Shares Offered10,28,000 (47.50%)
Total Shares Offered57,91,200 (100.00%)

Swastika Castal IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Swastika GMP IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DATEIPO PriceGMP PriceEstimated Listing PriceEstimated Gain
17-07-2025₹65.00₹0₹65.000.00%
16-07-2025₹65.00₹0₹65.000.00%
15-07-2025₹65.00₹0₹65.000.00%
14-07-2025₹65.00₹0₹65.000.00%
13-07-2025₹65.00₹0₹65.000.00%

As of 18th July 2025, Swastika Castal IPO GMP stands at ₹65 per share, which means the share will likely show a listing at ₹65.00 on its tentative listing date, 28th July 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Swastika Castal IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Swastika Castal GMP IPO Review

Check out the detailed Swastika Castal GMP IPO review for a thorough understanding of its potential to report listing gains on 28th July 2025. The Swastika Castal IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Swastika Castal IPO.

Swastika Castal Limited’s revenue soared by 30% from ₹23.35 crores in March 2024  to ₹30.31 crores in March 2025. Moreover, the company’s PAT increased by 305% from ₹0.65 crores in March 2024 to ₹2.63 crores in March 2025

Swastika Castal Ipo has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Swastika Castal IPO for its tentative listing day, which is 28th July 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Swastika Castal IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 14.8
EPS (Earnings Per Share)4.39
RoNW24.70%
ROCE32.74%
ROE28.17%
EBITDA Margin15.36%
Price to Book Value3.66
Market Capitalisation₹53.07 Cr

The PE ratio of Swastika Castal Limited shares is 14.8, and its Earnings Per Share (EPS) stands at 4.39. Thus, the Swastika Castal IPO can potentially deliver gains on its tentative listing date, 28th July 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Swastika Castal Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio14.820.14
EPS 4.393.23

Swastika Castal Limited Peer Comparison

Company NameRevenue (in cr.)PE RatioFace Value (in ₹)EPSRoNW (in %)
Swastika Castal Limited23.3514.80₹104.3917.78
Thaai Casting Limited71.09107.15₹104.7836.81

Swastika Castal IPO Subscription Status

Swastika Castal IPO is to be opened for bidding on 21st July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Swastika Castal IPO Subscription Status. 

Investor CategoryShares OfferedShares SubscribedSubscription to the Times
Market Maker Shares Offered1,10,000 (5.08%)Yet to be announcedYet to be announced
NII (HNI) Shares Offered10,26,000 (47.41%)Yet to be announcedYet to be announced
Retail Shares Offered10,28,000 (47.50%)Yet to be announcedYet to be announced

About Swastika Castal Limited

Swastika Castal was incorporated in 1996 and is involved in the aluminium casting segment of the business. Swastika Castal deals in a variety of products, including electrical equipment and transmission, railway and diesel engines, and industrial appliances. They have a globally connected customer base because of the high-end quality of their products. Their main focus area is to provide high-quality products without compromising sustainability. Here are the major competitive advantages of Swastika Castal Limited.

  • Diverse Product Offerings
  • Global Reach
  • Commitment to Quality
  • Leadership Expertise
  • Sustainability Focus

Swastika Castal Limited Financials

The company’s financial analysis is essential before applying for the Swastika Castal  IPO. Look at the table to learn about Swastika Castal Limited’s financials. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets30.8323.8226.24
Revenue30.3123.3524.41
Profit After Tax2.630.650.58
EBITDA4.552.482.33
Net Worth10.678.037.39
Reserves and Surplus4.676.535.89
Total Borrowing9.128.979.64

Explanation

Swastika Castal Limited’s revenue soared by 30% from ₹23.35 crores in March 2024  to ₹30.31 crores in March 2025. Moreover, the company’s PAT increased by 305% from ₹0.65 crores in March 2024 to ₹2.63 crores in March 2025

Swastika Castal IPO Bidding Requirements

Investors can bid for a Minimum of 4,000 shares in multiples of 2,000 Shares thereof. The following table depicts the Minimum and Maximum Investment by Individual Investors minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual Investors (Retail) (Min)24,000₹2,60,000
Individual Investors (Retail) (Max)24,000₹2,60,000
S-HNI (Min)36,000₹3,90,000
S-HNI (Max)714,000₹9,10,000
B-HNI (Min)816,000₹10,40,000

Swastika Castal IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.

Use the lot size calculator to find how many shares you should apply!

Also Read : Oyo IPO GMP & Review: Apply or Avoid?

Swastika Castal Limited IPO Promoter Holdings

Have a look at the tablSharda and Indra Sharda.e below to check the holdings of Swastika Castal  Limited’s promoters:

Shareholding Pre-Issue100.00%
Shareholding Post-Issue73.49%

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue

Aim of  Swastika Castal IPO

The primary aim of the Swastika Castal IPO is to raise ₹14.07 crores. On the other hand, Swastika Castal has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Swastika Castal IPO.

  • To meet the capital expenditure for the acquisition of Plant & Machinery and the construction of Shed & Building
  • To fund the incremental working capital requirements of the company.

Should I Invest in Swastika Castal IPO?

”SCL leads in aluminium casting and manufacturing. It marked growth in its top and bottom lines for the reported periods. The sudden boost in its bottom line for FY25 raises eyebrows and concerns over its sustainability. Based on its recent financial data, the issue appears aggressively priced. Small post-IPO equity base indicates a longer gestation period for migration. Well-informed/cash surplus investors may park moderate funds for the long term” ~Dilip Davda (Chief Editor at Chittorgarh)

Explore the pros and cons of the Swastika Castal to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Swastika Castal IPO

  • Wide range of products
  • Globally connected
  • offers Long-term growth
  • High-end quality products
  • Skilled personnel

Cons of Swastika Castal  IPO

  • Business process is limited to the aluminium segment only.

How to Apply for Swastika Castal  IPO?

Check the steps mentioned below to apply for the Swastika Castal Ltd.

  • Step 1: Conduct thorough research on the Swastika Castal Limited IPO GMP, subscription status, issue size, lot size, and other details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Make a bid for two lots of 4,000 shares worth ₹2,60,000.
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Swastika Castal IPO from more than one demat account to increase your allotment chances. 

How to Check Swastika Castal IPO Allotment Status?

You can check for the Swastika Castal IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

  • Visit the BSE Official Site
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Swastika Castal IPO.  
  • Choose whether to proceed with the PAN number or the application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal.
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Swastika Castal IPO allotment status.

Let’s Wrap

Swastika Castal IPO is a bookbuilding issue of shares worth ₹14.07 crores. The shares of Swastika Castal Limited will be listed on BSE and SME on its tentative listing date of 21st July 2025. Researching the Swastika Castal IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

Also Read : Jio IPO Details: Everything You Should Know About

FAQs on Swastika Castal IPO

How is the Swastika Castal IPO?

Ans. Currently, on 18th July 2025, the Swastika IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹65 per share. It is a bookbuilding IPO of 21.64 lakh shares worth ₹14.07 crores. The face value of each share of Swastika Castal Limited is ₹10. 

What is the Swastika castal IPO price?

Ans. The Swastika Castal  IPO issue price is set at ₹65 per share. Retail investors can apply for a minimum of 2 lots consisting of 4000 shares worth ₹2,60,000. Moreover, HNIs are required to bid for a minimum of 3 lots (6000 shares) worth ₹3,90,000

Is the Swastika Castal IPO good?

Ans. Swastika Castal Limited’s revenue soared by 30% from ₹23.35 crores in March 2024  to ₹30.31 crores in March 2025. Moreover, the company’s PAT increased by 305% from ₹0.65 crores in March 2024 to ₹2.63 crores in March 2025. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the Swastika Castal IPO?

Ans.  Accurate Securities & Registry Private Limited is the registrar of the Swastika Castal IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Swastika Castal allotment and refund, you can contact Accurate Securities & Registry Private Limited. investor@accuratesecurities.com or+91-79-48000319

What is the issue size of the Swastika Castal IPO? 

Ans. Swastika Casita IPO is a bookbuilding IPO for 21.64 lakh shares worth ₹14.07 crore. Moreover, the IPO is set to open on 21st July 2025 and will be closed on 23rd July 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Swastika Castal IPO, download the Swastika Castal IPO RHP and Swastika Castal IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

Upcoming IPOs

IPO NamesExpected Year of IPO
PhonePe IPO2025
Bajaj Energy IPO2025
OYO IPO2025
NSDL IPO2025
Flipkart IPO2025
Zepto IPO2025
boAt IPO2025
Meesho IPO2025
Jio IPO2026
NSE IPO2025

Current & Previous IPOs

CompanyIPO OpenIPO CloseType
Anthem Biosciences Limited14th July 202516th July 2025Mainboard
Spunweb Nonwoven Limited14th July 202516th July 2025SME
Smartworks Coworking Spaces Limited10th July 202514th July 2025Mainboard
CFF Fluid Control Limited9th July 202511th July 2025SME
GLEN Industries Limited8th July 202510th July 2025SME
Chemkart India Limited7th July 20259th July 2025SME
Travel Food Services Limited7th July 20259th July 2025Mainboard
Smarten Power Systems Limited7th July 20259th July 2025SME
Meta Infotech Limited4th July 20258th July 2025SME
Cryogenic OGS Limited3rd July 20257th July 2025SME
Happy Square Outsourcing Services Limited3rd July 20257th July 2025SME
Crizac Limited3rd July 20257th July 2025Mainboard
Silky Overseas Limited30th June 20252nd July 2025SME
Pushpa Jewellers Limited30th June 20252nd July 2025SME
Cedaar Textile Limited30th June 20252nd July 2025SME
Marc Loire Fashions Limited30th June 20252nd July 2025SME

Read Our Articles on the Best Stocks

Tech Stocks in India to Invest in 2025 | Tech Sector Stocks 

Best Battery Stocks in India to Invest in 2025 | Battery Sector Stocks 

Best Shipping Stocks in India to Invest in 2025 | Shipping Sector Stocks 

Paint Stocks in India to Invest in 2025 | Paint Sector Stocks 

Paper Stocks in India to Invest in 2025 | Paper Sector Stocks 

Best Semiconductor Stocks in India 2025 

Best Large Cap Stocks in India 2025 

Green Energy Penny Stocks

Best Cement Stocks To Invest In India

Also Explore

Best Stocks Multibagger Stocks Penny StocksFundamentally Strong Stocks Sector-Wise StocksPSU /Government Stocks
For the Next 10 YearsFor the Next 5 YearsSolar Penny StocksOn BSESolar Energy SectorPSU Stocks List
Long Term Below 100 rsTop 5 Penny StocksFor Long-TermHospitality Sector PSU Stocks in 2025
Best Bike StocksFor 2025Best Penny Stocks in IndiaPenny SharesHotel SectorGovernment Stocks in 2024
Best Liquor StocksHigh-Growth StocksFor 2025Agriculture SectorGovernment Stocks List
Best Railway StocksUnder 500Penny Stocks Pharma SectorGovernment Stocks in 2025
Best Auto StocksFor 2026Oil and Gas Sector

Univest Screeners

ExclusiveIndicesBreakouts
Buy in the Short TermNifty Small Cap 100Daily Fresh Breakouts
Buy in the Long TermNifty MidcapWeekly Breakouts
FII Holdings ChangeNifty BankOversold Stocks
Golden CrossoverSensexNearing Breakout
Upcoming DividendsNifty Fin Service
DII Holdings ChangeBankex
High Dividend StocksNifty Mid Cap 100
Earnings AnnouncedNifty 50
Fundamentally Strong 
Top Gainers
Top Losers
Low Debt Mid Caps
Cash-Rich Small Caps
Volume Shockers
52-Week High 
52-Week Low

Explore Webstories on Univest 

1. Best Time To Buy Dividend Stocks

2. How RBI Policies Affect Dividend Stocks

3. Can Dividend Stocks Beat Inflation

4. What Is The Dividend Aristocrat List

5. Which Indian Psus Offer The Best Dividends

6. Large Cap Vs Small Cap Dividend Stocks

icon

100% Safe & Secure Platform.

Univest encrypts all data and transactions to ensure a completely secure experience for our members.

Copyright

2025 Univest. All rights reserved. | Designed with ❤️ in India
About Univest
About: Univest is a cutting-edge stock market platform designed to help traders and investors maximize their returns with expert-driven advisory services and seamless trading execution. Whether you're a seasoned trader or just starting, Univest simplifies your investment journey with actionable trade recommendations, AI-powered portfolio insights, and a fully integrated brokerage experience. With Univest, you gain access to proven stock market advisory, offering expert trade ideas for stocks, futures, options, and commodities. Our one-click trade execution feature eliminates slippage, ensuring instant execution through our advisory-first brokerage. Smart portfolio management allows you to identify underperforming stocks, optimize your investments, and receive real-time alerts. Additionally, Univest provides seamless investment opportunities beyond stocks, including mutual funds, bonds, fixed deposits, and insurance (coming soon). Join over 40 lakh active investors who trust Univest to make informed and profitable trading decisions. Start investing smarter today! 🚀  
Attention Investors : To ensure a smooth trading experience and prevent unauthorized transactions, investors must update their mobile number and email ID with their stockbroker or depository participant. As per regulatory requirements, investors are required to pay a stipulated amount as an upfront margin for trading in the Cash/FO segment. We encourage all investors to regularly check their securities in the Consolidated Account Statement (CAS) issued by depository to verify their holdings.Always verify alerts and transaction details received directly from the exchange or NSDL before proceeding with any trades. Please do not make payments through unverified email links, WhatsApp, or SMS. Always trade through a registered stockbroker and verify all details before making financial decisions.
 
Disclaimer: Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. For more disclaimer /disclosure, visit https://univest.in/stock-broker or Univest App.We collect and use your contact information for legitimate business purposes, including providing updates on our products and services. We do not sell or rent your contact information to third parties. By submitting your details, you authorize us to contact you via Call/SMS, even if you are registered under DND. This authorization remains valid for 12 months.For grievances, please contact us at hello@unibrokers.in .
 
Univest Stock Broking Disclosures
Univest Stock Broking Private Limited - SEBI Reg. No. INZ000317437 (Stock Broker), NSE TM Code: 90392, BSE TM Code: 6866, MCX TM Code: 57290 and ICCL- Self Clearing Member Code: 6866, SEBI Reg. No. IN-DP-779-2024 (Participant), NSDL DP ID: IN304748.
 Risk Disclosures on Derivatives
1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Attention Investors: As per NSE circular dated July 6, 2022: https://nsearchives.nseindia.com/content/circulars/INSP52900.pdf, BSE circular dated July 6, 2022: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220706-55, MCX circular dated July 11, 2022: https://www.mcxindia.com/docs/default-source/circulars/english/2022/july/circular-418-2022.pdf?sfvrsn=9401991_0, investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. 
Investors are further cautioned to avoid practices like:
a. Sharing 
i) trading credentials – login id and passwords including OTPs.
ii) trading strategies,
iii) position details.
b. Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c. Writing/ selling options or trading in option strategies based on tips, without basic knowledge and understanding of the product and its risks.
d. Dealing in unsolicited tips through platforms like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e. Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
 Kindly read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets: https://nsearchives.nseindia.com/content/circulars/INSP49434.pdf
Kindly, read the advisory as prescribed by the Exchange with reference to their circular: NSE/ISC/51035 dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: https://www.nseindia.com/resources/exchange-communication-circulars# 
Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from NSDL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Univest Stock Broking Private Limited and offering such services, please send us an email at hello@unibrokers.in
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number. Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL every month.
Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the- indian-securities-market_74794.html. ODR portal for Investors - https://smartodr.in/login.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.
General
arrow down