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Here are the important dates you need to know in order to participate in this IPO
Offer Start Date
21st Jul
Offer End Date
23rd Jul
Allotment Date
24th Jul
Refund Initiation
25th Jul
Demat Transfer
25th Jul
Listing Date
28th Jul
Swastika Castal Limited, incorporated in 1996, is engaged in the business of aluminium casting, serving various industrial sectors. The company primarily focuses on manufacturing aluminium castings using sand casting, gravity die casting, and centrifugal casting methods. With in-house heat treatment capabilities, the company ensures dimensional stability and mechanical precision in its products. Swastika Castal caters to the needs of electrical equipment, railway components, diesel engines, air compressors, and insulators, supplying castings for both domestic and international markets. Its production facilities are equipped with advanced machinery, inspection, and testing units, supported by a qualified team of metallurgists and professionals.
Over the years, the company has built long-standing relationships with multinational corporations and large domestic clients, particularly in the electrical and railway industries. Its ability to offer customised casting solutions with a strong focus on quality and consistency has enabled it to maintain a stable presence in the aluminium casting segment.
| Pre-Issue | Post-Issue | |
|---|---|---|
| Promoter Group | 100% | 73.49% |
| Public Group | 0% | 26.51% |
| QIB Shares Offered | 0 (0%) |
| NII (HNI) Shares Offered | 10,26,000 (47.41%) |
| Retail Shares Offered | 10,28,000 (47.5%) |
| Anchor Investor Shares Offered | 0 (0%) |
| Total Shares Offered | 21,64,000 |
| Total Shares With Anchor Investor | 21,64,000 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,60,000 |
| Retail (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 |
| ACCURATE SECURITIES & REGISTRY | |
|---|---|
| Phone Number | +91 79-48000319 |
| Email Id | investors@accuratesecurities.com |
| Website | |
1. Horizon Management Pvt Ltd
| March 31, 2025 | March 31, 2024 | March 31, 2023 | |
|---|---|---|---|
| Net Worth | ₹10.67 Cr | ₹8.03 Cr | ₹7.39 Cr |
| Reserves and Surplus | ₹4.67 Cr | ₹6.53 Cr | ₹5.89 Cr |
| Total Borrowing | ₹9.12 Cr | ₹8.97 Cr | ₹9.64 Cr |
| Category | No. of shares offered | No. of shares bid | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0 | 0 | 0 |
| Non Institutional Investors (NIIs) | 10,26,000 | 25,88,000 | 2.5224 |
| Retail Individual Investors (RIIs) | 10,28,000 | 79,56,000 | 7.7393 |
| Total | 21,64,000 | 1,05,44,000 | 4.8725 |
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Between April 2024 and January 2025, global production of primary aluminium metal stood at approximately 60.634 million tonnes.
During the same period, worldwide consumption reached about 60.229 million tonnes.
This resulted in a surplus of nearly 0.405 million tonnes in the aluminium market.
For the period January to March 2025 (Q1 of CY 2025), global consumption is projected at 18.109 million tonnes.
Expected global production in this quarter is around 17.879 million tonnes, indicating a possible deficit of 0.230 million tonnes.
India’s contribution to global primary aluminium production during Apr-Jan 2025 was estimated at around 5.8%.
Aluminium casting involves the process of pouring molten aluminium into moulds to produce components with detailed shapes.
These components are widely used in sectors such as automotive, electrical equipment, aerospace, and renewable energy.
In 2022, die casting accounted for the highest share of revenue in the aluminium casting market.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Swastika Castal IPO.
Swastika Castal Ltd IPO is a SME IPO of 21,64,000 equity shares of a face value of ₹10 aggregating up to ₹14.07 Crores. The issue is priced at ₹65 to ₹65 per share. The minimum order quantity is 2000 Shares. The IPO opens on July 21, 2025, and closes on July 23, 2025. ACCURATE SECURITIES & REGISTRY is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.
The Swastika Castal Ltd IPO opens on July 21, 2025 and closes on July 23, 2025.
Swastika Castal Ltd lot size is 2000 shares, and the minimum amount required is ₹2,60,000.
You can apply in Swastika Castal Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:
The finalization of Basis of Allotment for Swastika Castal Ltd IPO will be done on July 24, 2025, and the allotted shares will be credited to your demat account by July 25, 2025.
The Swastika Castal Ltd listing date is July 28, 2025.
The registrar of Swastika Castal Ltd IPO is ACCURATE SECURITIES & REGISTRY
Horizon Management Pvt Ltd will be the book-running lead manager of this IPO.
The fresh issue size is ₹14.07 Crores equity shares.
Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹2,60,000 amount.
To apply for Swastika Castal Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.
The price of each Swastika Castal Ltd share will be ranging in between ₹65 to ₹65 per share.
The cut-off time for the UPI mandate confirmation is 5:00 PM, July 23, 2025.
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