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  3. Swastika Castal IPO
Swastika Castal logo

Swastika Castal

BSE SMEListed
BSE SMEListed

IPO Timeline

Issue open date

21 Jul 2025

Issue close date

23 Jul 2025

UPI mandate deadline

23 Jul 2025

Allotment finalization

24 Jul 2025

Refund initiation

25 Jul 2025

Share credit

25 Jul 2025

Listing date

28 Jul 2025

Mandate end date

7 Aug 2025

Lock-in end date for anchor investors (50%)

23 Aug 2025

Lock-in end date for anchor investors (remaining)

24 Oct 2025

Grey Market Premium Trend

₹10
Current GMP
₹75
Est. Listing Price
15.4%
Est. Listing Gain
₹65 - ₹65
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
27 Jul₹10₹7515.38%
26 Jul₹0₹650.00%
25 Jul₹0₹650.00%
24 Jul₹0₹650.00%
23 Jul₹0₹650.00%
22 Jul₹0₹650.00%
21 Jul₹0₹650.00%
20 Jul₹0₹650.00%
19 Jul₹0₹650.00%
18 Jul₹0₹650.00%
17 Jul₹0₹650.00%
16 Jul₹0₹650.00%
15 Jul₹0₹650.00%

Key Dates

Open
21 Jul 2025
Close
23 Jul 2025
Listing
28 Jul 2025

Quick Stats

Issue Size:14cr
Lot Size:2000 shares

Issue Details

Issue Size:14cr
Face Value:₹10
Listing At:BSE SME

Reservation

50%
NII
50%
Retail

Additional Resources

RHPRead(Opens in a new tab)
DRHPRead(Opens in a new tab)

About the Company

Incorporated in 1996, Swastika Castal is engaged in manufacturing of high-quality aluminium castings utilizing sophisticated production techniques such as sand casting, gravity die casting and centrifugal casting, serving both domestic and international markets. The company focuses especially on clients in the electrical and railway sectors, including several MNCs. With experienced promoter and in-house manufacturing facility, Swastika Castal has built a reputation as a reliable supplier.

Strengths

  • In-house advanced manufacturing facility
  • Diversified product portfolio, catering to multiple end-user industries especially electrical and railways
  • Diversified casting and production capabilities, following quality compliance and industry standards
  • Reputed clients base, domestically and internationally
  • Promoter’s expertise in aluminium casting and manufacturing sector

Risks

  • Customer concentration with Top 5 contributing over 80% of revenue
  • Single manufacturing plant, high exposure to localized disruption
  • Reliance on promoters for customer acquisition and retention, absence of dedicated marketing team
  • Dependence on few key raw material suppliers and past issues in statutory compliance

Swastika Castal IPO – Frequently Asked Questions

  • The price band for the Swastika Castal IPO is set at ₹65 to ₹65 per share.
  • The Swastika Castal IPO opens on July 21, 2025 and closes on July 23, 2025.
  • The tentative listing date for the Swastika Castal IPO is July 28, 2025.
  • You can apply for the Swastika Castal IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Swastika Castal, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Swastika Castal IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).