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Swastika Castal IPO
5.06xsubscribed

Swastika Castal IPO

listed
₹2.60LMin. investment

Swastika Castal Limited IPO Details

Price range₹65.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹14Cr
Draft Red Herring Prospectus
Read

Swastika Castal IPO Subscription Status

Date
QIB
NII
Retail
Total
21-Jul-25
0.0 times (X)
0.89 times (X)
2.25 times (X)
1.57 times (X)
22-Jul-25
0.0X
1.23X
4.5X
2.86X
23-Jul-25
0.0X
2.36X
7.75X
5.06X

As on 21-Jul-25, 5:30 PM

Swastika Castal IPO Timeline

  1. Pre-apply
    18 Jul 2025
  2. Bid start
    21 Jul 2025
  3. Bid end
    23 Jul 2025
  4. Allotment
    24 Jul 2025
  5. Release of funds
    25 Jul 2025
  6. Demat transfer
    25 Jul 2025
  7. Listing
    28 Jul 2025

About Swastika Castal Limited

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.

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Objectives of Swastika Castal Limited IPO

Working Capital Requirements
39.10%
The company will utilise ₹5.50 crore to fund its working capital requirements.
Capital expenditure requirements
35.55%
₹5.00 cr will be used for plant, machinery, and construction.
General corporate purposes
11.35%
The company will utilise ₹1.60 crore towards general corporate purposes.

Swastika Castal IPO Contact Details

Company NameSwastika Castal Limited

How to apply for Swastika Castal IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Swastika Castal Limited IPO FAQs