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SWASTIKA CASTAL IPO

₹1,30,000/2000 shares

Minimum Investment

IPO Details

Open Date

21 Jul 25

Close Date

23 Jul 25

Minimum Investment

1,30,000

Lot Size

2000

Price Range

65 to ₹65

Listing Exchange

BSE

Issue Size

14.07 Cr

Listing Date

28 Jul 25

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SWASTIKA CASTAL IPO Timeline

Bidding Start

21 Jul 25

Bidding Ends

23 Jul 25

Allotment Finalisation

24 Jul 25

Refund Initiation

25 Jul 25

Demat Transfer

25 Jul 25

Listing

28 Jul 25

Swastika Castal Limited

Swastika Castal Limited is involved in aluminium casting, producing high-quality components using sand, gravity, and centrifugal casting methods. It specialises in sand casting for intricate designs up to 250 kg and gravity casting for precise parts up to 80 kg. The company’s in-house heat treatment facility enhances product quality and ensures efficiency and cost control. Its product range serves multiple sectors, including electrical equipment and transmission, railways and diesel engines, and various industrial uses such as air compressors, insulators, and other general applications.

Swastika Castal Limited IPO Overview

Swastika Castal IPO is a fixed-price issue amounting to ₹14.07 crore, consisting entirely of a fresh issue of 21.64 lakh equity shares. The IPO will open for subscription on July 21, 2025, and close on July 23, 2025. The allotment is expected to be finalised on July 24, with the tentative listing date set for July 28, 2025, on the BSE SME platform. The issue is priced at ₹65 per share, with a lot size of 2,000 shares. A retail investor must invest a minimum of ₹2,60,000 for 4,000 shares, while HNI investors are required to invest in a minimum of three lots, amounting to 6,000 shares or ₹3,90,000. Horizon Management Private Limited is the book-running lead manager for the IPO, Accurate Securities & Registry Private Limited is the registrar, and Horizon Financial Consultants Pvt. Ltd. is acting as the market maker.

Swastika Castal Limited IPO Details

Particulars Details
IPO Date July 21, 2025 to July 23, 2025
Listing Date July 28, 2025
Face Value ₹10 per share
Issue Price ₹65 per share
Lot Size 2,000 Shares
Total Issue Size 21,64,000 shares (₹14.07 Cr)
Fresh Issue 21,64,000 shares (₹14.07 Cr)
Offer for Sale NA
Issue Type Fixed Price IPO
Listing At BSE SME
Pre-Issue Share Holding 60,00,000 shares
Post-Issue Share Holding 81,64,000 shares
Market Maker Portion 1,10,000 shares (₹0.7150 Cr)

Swastika Castal IPO Reservation

Investor Category Shares Offered
Market Maker 1,10,000 (5.08%)
NII (HNI) 10,26,000 (47.41%)
Retail 10,28,000 (47.50%)
Total 21,64,000 (100.00%)

Investor Category Reservation Limits

Category Limits
Retail Investors 2 lots
Small HNI (sNII) 3 to 7 lots
Big HNI (bNII) 8 lots and above

Swastika Castal IPO Lot Size

Application Type Lots Shares Amount
Retail (Min & Max) 2 4,000 ₹2,60,000
S-HNI (Min) 3 6,000 ₹3,90,000
S-HNI (Max) 7 14,000 ₹9,10,000
B-HNI (Min) 8 16,000 ₹10,40,000

Swastika Castal IPO Promoter Holding

Shareholding Status Percentage
Pre-Issue 100.00%
Post-Issue 73.49%

Objectives of the Proceeds

  • Acquisition of new plant & machinery and shed construction – ₹5.00 Cr
  • Meeting working capital requirements – ₹5.00 Cr

Company Financials (in ₹ Crore)

Particulars 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 30.83 23.82 26.24
Revenue 30.31 23.35 24.41
Profit After Tax 2.63 0.65 0.58
Reserves & Surplus 4.67 6.53 5.89
Total Borrowings 9.12 8.97 9.64

Key Performance Indicators (as of Mar 31, 2025)

KPI Value
ROE 28.17%
ROCE 32.74%
Debt/Equity 0.85
RoNW 24.70%
PAT Margin 8.88%
EBITDA Margin 15.36%
Price to Book Value 3.66
EPS (Pre/Post IPO) 4.39 / 3.23
P/E Ratio (Pre/Post) 14.8 / 20.14

Peer Group Comparison

Company Name EPS (Rs) NAV (Rs) P/E (x) RoNW (%) P/BV Ratio
Swastika Castal Ltd. 4.39 24.70 14.80 17.78 2.71
Peer Groups
Thaai Casting Ltd. 4.78 12.99 107.15 36.81 11.00

SWOT Analysis of SWASTIKA CASTAL IPO

Strength and Opportunities

  • Diverse product portfolio across multiple industries.
  • Robust growth in revenue and profitability.
  • In-house heat treatment enhances product quality.
  • Rising demand in automotive and electrical sectors.

Risks and Threats

  • Limited scale compared to larger competitors.
  • Dependency on cyclical industrial demand.
  • Highly competitive casting industry.
  • Raw material price fluctuations may impact margin.

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About Swastika Castal Limited

Swastika Castal Limited IPO Strengths

  • Offers wide range of castings catering to multiple industrial sectors
  • Rapid revenue and profit growth demonstrating financial resilience
  • Committed to high-quality production via in-house heat treatment facilities
  • Strong leadership and technical expertise driving operational performance
  • Focused on eco-friendly, cost-effective manufacturing processes

How to apply IPO with HDFC SKY?

Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.

1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App

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