Swastika Castal IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jul 21 to Jul 23 2025
Price Band
₹65
Current GMP
₹67.0(+3.08%)
Subscription
5.08 times
IPO Details
| IPO Date | July 21, 2025 to July 23, 2025 |
| Listing Date | July 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹65 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 21,64,000 shares (aggregating up to ₹14.07 Cr) |
| Reserved for Market Maker | 1,10,000 shares (aggregating up to ₹0.7150 Cr)Horizon Financial Consultants Pvt. Ltd. |
| Net Offered to Public | 20,54,000 shares (aggregating up to ₹13.35 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 60,00,000 shares |
| Share Holding Post Issue | 81,64,000 shares |
IPO Date
July 21, 2025 to July 23, 2025
Listing Date
July 28, 2025
Face Value
₹10 per share
Issue Price
₹65 per share
Lot Size
2,000 Shares
Sale Type
Fresh Capital
Total Issue Size
21,64,000 shares (aggregating up to ₹14.07 Cr)
Reserved for Market Maker
1,10,000 shares (aggregating up to ₹0.7150 Cr)Horizon Financial Consultants Pvt. Ltd.
Net Offered to Public
20,54,000 shares (aggregating up to ₹13.35 Cr)
Issue Type
Fixed Price IPO
Listing At
BSE SME
Share Holding Pre Issue
60,00,000 shares
Share Holding Post Issue
81,64,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Non-Institutional Buyers*** | 2.42 |
| Individual Investors (IND category bidding for 2 Lots) | 7.75 |
| Total ** | 5.08 |
Anchor Investors
1
Market Maker
1
Non-Institutional Buyers***
2.42
Individual Investors (IND category bidding for 2 Lots)
7.75
Total **
5.08
Day Wise Sub
| Day | NII* | Individual Investors | Total |
|---|---|---|---|
| Day 1 Jul 21, 2025 | 1.00 | 2.24 | 1.62 |
| Day 2 Jul 22, 2025 | 1.25 | 4.50 | 2.88 |
| Day 3 Jul 23, 2025 | 2.42 | 7.75 | 5.08 |
DayDay 1
Jul 21, 2025
NII*1.00
Individual Investors2.24
Total1.62
DayDay 2
Jul 22, 2025
NII*1.25
Individual Investors4.50
Total2.88
DayDay 3
Jul 23, 2025
NII*2.42
Individual Investors7.75
Total5.08
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 28-07-2025 | 65.00 | 10(15.38%) | 75 |
| 27-07-2025 | 65.00 | 0(0.00%) | 65 |
| 26-07-2025 | 65.00 | 0(0.00%) | 65 |
| 25-07-2025 | 65.00 | 0(0.00%) | 65 |
| 24-07-2025 | 65.00 | 0(0.00%) | 65 |
| 23-07-2025 | 65.00 | 0(0.00%) | 65 |
| 22-07-2025 | 65.00 | 0(0.00%) | 65 |
| 21-07-2025 | 65.00 | 0(0.00%) | 65 |
| 20-07-2025 | 65.00 | 0(0.00%) | 65 |
| 19-07-2025 | 65.00 | 0(0.00%) | 65 |
| 18-07-2025 | 65.00 | 0(0.00%) | 65 |
| 17-07-2025 | 65.00 | 0(0.00%) | 65 |
| 16-07-2025 | 65.00 | 0(%) | (%) |
Date28-07-2025
Price65.00
GMP10(15.38%)
Estimate List Price75
Date27-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date26-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date25-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date24-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date23-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date22-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date21-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date20-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date19-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date18-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date17-07-2025
Price65.00
GMP0(0.00%)
Estimate List Price65
Date16-07-2025
Price65.00
GMP0(%)
Estimate List Price(%)
IPO Important Dates
| IPO Open Date | Mon, Jul 21, 2025 |
| IPO Close Date | Wed, Jul 23, 2025 |
| Tentative Allotment | Thu, Jul 24, 2025 |
| Initiation of Refunds | Fri, Jul 25, 2025 |
| Credit of Shares to Demat | Fri, Jul 25, 2025 |
| Tentative Listing Date | Mon, Jul 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 23, 2025 |
IPO Open Date
Mon, Jul 21, 2025
IPO Close Date
Wed, Jul 23, 2025
Tentative Allotment
Thu, Jul 24, 2025
Initiation of Refunds
Fri, Jul 25, 2025
Credit of Shares to Demat
Fri, Jul 25, 2025
Tentative Listing Date
Mon, Jul 28, 2025
Cut-off time for UPI mandate confirmation
5 PM on July 23, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,60,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,60,000 |
| HNI (Min) | 3 | 6,000 | ₹3,90,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares4,000
Amount₹2,60,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares4,000
Amount₹2,60,000
ApplicationHNI (Min)
Lots3
Shares6,000
Amount₹3,90,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 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 |
| EBITDA | 4.55 | 2.48 | 2.33 |
| Net Worth | 10.67 | 8.03 | 7.39 |
| Reserves and Surplus | 4.67 | 6.53 | 5.89 |
| Total Borrowing | 9.12 | 8.97 | 9.64 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 202530.83
31 Mar 202423.82
31 Mar 202326.24
Period EndedRevenue
31 Mar 202530.31
31 Mar 202423.35
31 Mar 202324.41
Period EndedProfit After Tax
31 Mar 20252.63
31 Mar 20240.65
31 Mar 20230.58
Period EndedEBITDA
31 Mar 20254.55
31 Mar 20242.48
31 Mar 20232.33
Period EndedNet Worth
31 Mar 202510.67
31 Mar 20248.03
31 Mar 20237.39
Period EndedReserves and Surplus
31 Mar 20254.67
31 Mar 20246.53
31 Mar 20235.89
Period EndedTotal Borrowing
31 Mar 20259.12
31 Mar 20248.97
31 Mar 20239.64
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| Swastika Castal Limited | 4.39 | 4.39 | 24.70 | 14.80 | 17.78 | 2.71 |
| Thaai Casting Limited | 4.78 | 4.78 | 12.99 | 107.15 | 36.81 | 11.00 |
Company NameSwastika Castal Limited
EPS (Basic)4.39
EPS (Diluted)4.39
NAV (per share) (Rs)24.70
P/E (x)14.80
RoNW (%)17.78
P/BV Ratio2.71
Company NameThaai Casting Limited
EPS (Basic)4.78
EPS (Diluted)4.78
NAV (per share) (Rs)12.99
P/E (x)107.15
RoNW (%)36.81
P/BV Ratio11.00
IPO Reservation
| Market Maker Shares Offered | 1,10,000 (5.08%) |
| NII (HNI) Shares Offered | 10,26,000 (47.41%) |
| Retail Shares Offered | 10,28,000 (47.50%) |
| Total Shares Offered | 21,64,000 (100.00%) |
Market Maker Shares Offered
1,10,000 (5.08%)
NII (HNI) Shares Offered
10,26,000 (47.41%)
Retail Shares Offered
10,28,000 (47.50%)
Total Shares Offered
21,64,000 (100.00%)
Information about company
Incorporated in 1996, Swastika Castal Limited is engaged in the business of aluminum casting.
The company operates primarily in the manufacturing sector, focusing on producing high-quality aluminum castings through processes such as sand, gravity, and centrifugal casting.
The company specializes in sand-casting for complex designs (up to 250 kg) and gravity casting (up to 80 kg) for precise, high-quality components with excellent surface finish and accuracy.
The company has an in-house heat treatment facility, ensuring superior quality, efficiency, and cost-effectiveness with precise control over mechanical properties and dimensional stability.
Products:
Electrical Equipments and Transmission: Critical components for electrical equipments and transmission.
Railways and Diesel Engines: Reliable and robust castings for transportation and heavy machinery.
Industrial Applications: Includes air compressors, insulators, and general industrial applications.
Competitive Strengths:
Diverse Product Offerings
Global Reach
Commitment to Quality
Leadership Expertise
Sustainability Focus
Objectives of IPO
The Company Swastika Castal IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building
5.00
2
Working Capital Requirements
5.00
Disclaimer
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