Swastika Castal Limited
Fixed Price IPO · BSE
- Price band
- ₹65 - ₹65
- Lot size
- 2,000 shares
- Issue amount
- ₹14.07 cr
- Total subscription
- 5.08×
- Opens
- 21 Jul 2025
- Closes
- 23 Jul 2025
- Allotment
- 25 Jul 2025
- Listing
- 28 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 21,64,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,30,000
- Fresh issue
- ₹14.07 cr
- Offer for sale
- ₹0 cr
- Registrar
- Accurate Securities & Registry Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,30,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 60,00,000
- Shares after issue
- 81,64,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 4,000 | ₹2,60,000 |
| sHNI | 3 | 6,000 | ₹3,90,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| Individual | 256 | 1,989 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 6.67 | 0.86 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.39 | 1.08 | 0.97 |
| ROE | 28.17 | 8.43 | 8.24 |
| ROCE | 32.74 | 14.75 | 14.62 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 14.8 | 0 | 0 |
| POST IPO(PE) | 20.14 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1996, Swastika Castal Limited is engaged in the business of aluminum casting, primarily operating within the manufacturing sector. The company focuses on producing high-quality aluminum castings using techniques such as sand casting, gravity casting, and centrifugal casting. It specializes in sand casting for complex designs weighing up to 250 kg and gravity casting for components up to 80 kg, delivering precise products with excellent surface finish and dimensional accuracy. Swastika Castal also operates an in-house heat treatment facility, allowing for enhanced quality control, operational efficiency, and cost-effectiveness while ensuring consistent mechanical properties and dimensional stability. The company's product range includes critical components for electrical equipment and transmission systems, robust castings for railways and diesel engines, and parts used in various industrial applications such as air compressors and insulators.
Strengths
- Integrated Manufacturing Process: Full control from design to delivery ensures accuracy and uniform quality
- Affordable High-Quality Production: Offers premium castings at competitive pricing without compromising standards
- Efficient Delivery Network: Ensures timely and reliable fulfillment for both large-scale and custom orders
Risk factors
- Client Dependency Risk: Overreliance on a limited customer base may affect revenue stability if major clients are lost
- Associated Company Exposure: Losses in group company Swastika Metcast Pvt. Ltd. may impact brand image and business confidence
- Production Inefficiency Concern: Fluctuating demand may result in underutilized manufacturing capacity and operational inefficiencies
Promoters
Varun Sharda
Indra Sharda
Registrar & documents
Lead manager
Horizon Management Private Limited
Registrar & contacts
Accurate Securities & Registry Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
117A, Chittaranjan Avenue, Kolkata Kolkata, West Bengal, 700073
+91 63539-26282
[email protected]Company website ↗Understanding SWASTIKAAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.