{"id":11512,"date":"2025-07-17T12:03:43","date_gmt":"2025-07-17T06:33:43","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=11512"},"modified":"2025-11-10T12:37:16","modified_gmt":"2025-11-10T07:07:16","slug":"swastika-castal-ltd-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/swastika-castal-ltd-ipo-opens\/","title":{"rendered":"Swastika Castal Ltd. IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]The SME IPO segment remains active in July 2025, with several companies tapping the market for growth capital. One such offering is from Swastika Castal Ltd., which is set to open its public issue on July 21, 2025. Backed by strong sector demand and a focus on expansion, the company aims to attract investor interest through this fresh issue. As investor appetite for emerging businesses grows, IPOs continue to serve as a vital tool for capital formation. With varied opportunities across industries, careful evaluation remains key.<\/span><\/p>\n

This article outlines key Swastika Castal Ltd. IPO<\/a> details, including issue size, price, important dates, fund utilisation, financials, and industry outlook to help you assess its investment potential.<\/span><\/p>\n

<\/span>About Swastika Castal Ltd.<\/b><\/span><\/h2>\n

Founded in 1996, Swastika Castal Limited operates in the aluminium casting industry, serving various industrial applications. The company focuses on manufacturing high-quality aluminium castings using sand, gravity, and centrifugal casting processes.\u00a0<\/span><\/p>\n

It specialises in sand-casting for complex designs up to 250 kg and gravity casting up to 80 kg, ensuring excellent surface finish and dimensional accuracy. Swastika Castal also has an in-house heat treatment facility that enhances product quality, efficiency, and mechanical stability. Its product range includes components for electrical equipment and transmission, railways and diesel engines, as well as industrial applications such as air compressors and insulators.\u00a0<\/span><\/p>\n

The company\u2019s key strengths lie in its diverse offerings, global reach, strong quality commitment, and experienced leadership. Headquartered in Kolkata, West Bengal, Swastika Castal continues to serve industrial clients with reliable and robust casting solutions.<\/span><\/p>\n

<\/span>Swastika Castal Ltd. IPO Details\u00a0<\/b><\/span><\/h2>\n

Swastika Castal\u2019s IPO is a fresh issue of 21.64 lakh shares, aiming to raise \u20b914.07 crore. The proceeds will be used for capital expenditure, working capital, and general corporate purposes.<\/span><\/p>\n

<\/span>Important IPO Timeline\u00a0<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nMon, Jul 21, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nWed, Jul 23, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/b><\/td>\nThu, Jul 24, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nFri, Jul 25, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nFri, Jul 25, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nMon, Jul 28, 2025<\/span><\/td>\n<\/tr>\n
Cut-off time for UPI confirmation<\/b><\/td>\n5 PM on July 23, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u20b910 per share<\/span><\/td>\n<\/tr>\n
Price Band<\/b><\/td>\n\u20b965 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n2,000 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/b><\/td>\nFresh Capital<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n21,64,000 shares (aggregating up to \u20b914.07 Cr)<\/span><\/td>\n<\/tr>\n
Reserved for Market Maker<\/b><\/td>\n1,10,000 shares (aggregating up to \u20b90.7150 Cr)<\/span><\/p>\n

Horizon Financial Consultants Pvt. Ltd.<\/span><\/td>\n<\/tr>\n

Net Offered to Public<\/b><\/td>\n20,54,000 shares (aggregating up to \u20b913.35 Cr)<\/span><\/td>\n<\/tr>\n
Offer Type<\/b><\/td>\nFixed Price IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nBSE SME<\/span><\/td>\n<\/tr>\n
Shareholding (Pre-Issue)<\/b><\/td>\n60,00,000 shares<\/span><\/td>\n<\/tr>\n
Shareholding (Post-Issue)<\/b><\/td>\n81,64,000 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Lot Size of Swastika Castal Ltd. IPO\u00a0<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Application<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
Individual investors (Retail) (Min)<\/b><\/td>\n2<\/span><\/td>\n4,000<\/span><\/td>\n\u20b92,60,000<\/span><\/td>\n<\/tr>\n
Individual investors (Retail) (Max)<\/b><\/td>\n2<\/span><\/td>\n4,000<\/span><\/td>\n\u20b92,60,000<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/b><\/td>\n3<\/span><\/td>\n6,000<\/span><\/td>\n\u20b93,90,000<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/b><\/td>\n7<\/span><\/td>\n14,000<\/span><\/td>\n\u20b99,10,000<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/b><\/td>\n8<\/span><\/td>\n16,000<\/span><\/td>\n\u20b910,40,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Swastika Castal Ltd. Financials\u00a0<\/b><\/span><\/h2>\n

Swastika Castal Ltd. reported a 30% increase in revenue and a 305% surge in profit after tax (PAT) between the financial years ending March 31, 2024 and March 31, 2025, highlighting significant year-on-year growth in both sales and profitability.<\/span><\/p>\n

<\/span>Key Performance Indicators (as of Mar 31, 2025)\u00a0<\/b><\/span><\/h3>\n