Swastika Castal IPO
smelistedAbout the company
Incorporated in 1996, Swastika Castal Ltd. manufactures aluminium castings using sand casting (up to 250 kg), gravity die casting (up to 80 kg), centrifugal casting (up to 70 kg), and pressure die casting at its Gujarat-based facility. It manufactures a wide range of precision-engineered aluminium cast components including Gas Insulated & Air Insulated Switchgear, Railway & Tap Changer Parts, Firefighting Pump Parts, etc. In FY25, 65.8% of revenue came from domestic sales and 34.2% from exports, primarily to North America (34.06%). Its clientele includes MNCs and large Indian firms.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed21 Jul 2025Bidding starts for all investor categories
IPO Closes
Completed23 Jul 2025Last day to place your bid
Basis of Allotment
Completed24 Jul 2025Share allotment finalised
Refund Initiation
Completed25 Jul 2025Refunds credited for non-allottees
Credit to Demat
Completed25 Jul 2025Allotted shares credited to demat account
Listing on Exchange
Completed28 Jul 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹130,000 | 1 | ₹130,000 | 1 lot only |
| HNI | 2 | 4000 | ₹260,000 | 2 | ₹260,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,076,923 | 7 | 0 | 0.00x | 100% |
| NII | 15% | 323,077 | 2.1 | 0 | 0.00x | 100% |
| Retail | 35% | 753,846 | 4.9 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
