IPO Issue Details
Issue Price / Price Band₹65 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size21,64,000 shares (aggregating up to ₹14.07 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 21 Jul 2025
Subscription CloseWed, 23 Jul 2025
Anchor AllotmentSun, 20 Jul 2025
Basis of AllotmentThu, 24 Jul 2025
Initiation of RefundsFri, 25 Jul 2025
Credit of Shares to DematFri, 25 Jul 2025
Listing DateMon, 28 Jul 2025
UPI Mandate Deadline2025-07-23
Application & Investment Details
Retail — Min (2 Lots)₹2,60,000 — 4000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (3 Lots)₹3,90,000 — 6000 shares
EPS (Pre-IPO)₹4.39
EPS (Post-IPO)₹3.23
P/E Ratio (Pre-IPO)14.8x
P/E Ratio (Post-IPO)20.14x
Net Offer to Public20,54,000 shares (aggregating up to ₹13.35 Cr)
Reserved for Market Maker1,10,000 shares (aggregating up to ₹0.7150 Cr)
Pre-IPO Promoter Holding60,00,000 shares
Post-IPO Promoter Holding81,64,000 shares
About Swastika Castal Ltd.
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 OfferingsGlobal ReachCommitment to QualityLeadership ExpertiseSustainability Focus
Objects of the Issue
Swastika Castal Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building
5.00
2
2 Working Capital Requirements
5.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
60,00,000 shares
Post-IPO Promoter Holding
81,64,000 shares