Swastika Castal
28 Jul '25SME
Min. Investment
₹2,60,000
Issue size
₹14.07 Cr
GMP
Locked
Overall subscription: 4.28x
Check allotment status
Expert verdict
IPO dates
21 Jul
Opening
23 Jul
Closing
24 Jul
Allotment
28 Jul
Listing
*Refunds will be initiated on 25 Jul '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹2,60,000 |
| HNI (Min) | 2 | 4000 | ₹2,60,000 |
Subscription (as on 17 October 2025, 06:30 PM)
Overall4.28x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1996|MD: Mr Varun Sharda
- Swastika Castal is a public limited company incorporated in 1996 and is based in Kolkata, West Bengal, with a corporate office in Vadodara, Gujarat. The company specialises in aluminium castings, offering products used in industries like electrical equipment, railways, and industrial applications.
- Swastika Castal manufactures components through various casting processes, including sand casting, gravity casting, and centrifugal casting. These processes enable the production of components with weights ranging from 70 to 250 kg. The company also operates an in-house heat treatment facility to enhance the mechanical properties and quality of its products.
- Swastika Castal serves both the Indian market and exports to parts of Europe and the United States (US). Its manufacturing facility is located in Vadodara, Gujarat. The company has been operational since 1997.
Issue Details & Objective
Lot size
2000 Shares
Price band
₹65 to 65
Face value
₹10 per share
- Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building
- Working Capital Requirements
Financials
Download DRHP (IPO Doc)FAQs
Should I apply for the Swastika Castal IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Swastika Castal IPO?
The issue size of Swastika Castal IPO is ₹14.07 Cr
What are the open and close dates for Swastika Castal IPO?
The Swastika Castal IPO will be open for applications from 21 Jul '25 to 23 Jul '25
What is the lot size and minimum order quantity of Swastika Castal IPO?
The lot size of Swastika Castal IPO is 2000 Shares and its minimum investment amount is ₹2,60,000.
What is the GMP value of Swastika Castal IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Swastika Castal IPO is 0.00
