All details for Swastika Castal IPO: Dates, price, subscription, financials, objectives, KPIs, registrar, and company overview.
Price: â‚ą65 | Allotment July 24 | Listing July 28, 2025
Swastika Castal IPO: At a Glance
IPO Timeline
| IPO Activity | Date |
|---|---|
| IPO Open Date | July 21, 2025 |
| IPO Close Date | July 23, 2025 |
| Tentative Allotment | July 24, 2025 |
| Refunds Initiation | July 25, 2025 |
| Credit of Shares to Demat | July 25, 2025 |
| IPO Listing Date | July 28, 2025 |
IPO Reservation
| Investor Category | Shares Offered | Percent |
|---|---|---|
| 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% |
IPO Price & Lot Size
| Issue Price | â‚ą65 per share |
|---|---|
| Market Lot | 2,000 Shares |
| Retail Min | 2 lots (4,000 shares) – ₹2,60,000 |
| Retail Max | 2 lots (4,000 shares) – ₹2,60,000 |
| S-HNI Min | 3 lots (6,000 shares) – ₹3,90,000 |
| S-HNI Max | 7 lots (14,000 shares) – ₹9,10,000 |
| B-HNI Min | 8 lots (16,000 shares) – ₹10,40,000 |
Company Financials (â‚ą Crore)
Bar Chart: Revenue, PAT & Net Worth
Line Chart: Revenue, PAT & Net Worth
| Period Ended | Assets | Revenue | Profit After Tax | EBITDA | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 30.83 | 30.31 | 2.63 | 4.55 | 10.67 | 4.67 | 9.12 |
| 31 Mar 2024 | 23.82 | 23.35 | 0.65 | 2.48 | 8.03 | 6.53 | 8.97 |
| 31 Mar 2023 | 26.24 | 24.41 | 0.58 | 2.33 | 7.39 | 5.89 | 9.64 |
Key Performance Indicators (KPI)
| KPI | Values |
|---|---|
| Market Cap | â‚ą53.07 Cr |
| 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 IPO) | 4.39 |
| EPS (Post IPO) | 3.23 |
| P/E (Pre IPO) | 14.8 |
| P/E (Post IPO) | 20.14 |
Objects of the Issue
| S.No. | Objects | Expected Amount (â‚ą Cr) |
|---|---|---|
| 1 | Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building | 5.00 |
| 2 | Working Capital Requirements | 5.00 |
About Swastika Castal Ltd.
Incorporated: 1996
Business: Aluminium casting manufacturer (sand, gravity, centrifugal casting); complex sand-cast designs up to 250kg; gravity casting up to 80kg.
Facilities: In-house heat treatment for better quality, efficiency & cost-effectiveness.
Products:
- Electrical Equipments & Transmission: Critical components for electrical sector
- Railways & Diesel Engines: Robust castings for transport & heavy machinery
- Industrial Applications: Air compressors, insulators, general industrial
- Diverse Product Portfolio: Sand, gravity, centrifugal casting
- Global Reach: Exporting castings abroad
- Quality Focus: Advanced in-house facilities
- Leadership: Experienced promoters (Varun Sharda & Indra Sharda)
- Sustainability: Efficient, eco-friendly processes
- ISO 9001:2015 certified; strong focus on quality assurance
- Clients include railway, electrical, compressor, and engineering industries
- Exports to Europe, Middle East, Africa
- Continuous product/process development and R&D
Contact Details
117A, Chittaranjan Avenue, Kolkata, West Bengal, 700073
Phone: +91 63539-26282
Email: compliance@aluminiumcasting.net
Website: https://sclcasting.com/
Frequently Asked Questions (FAQ)
The issue price for Swastika Castal IPO is â‚ą65 per share, as announced in the Draft Red Herring Prospectus (DRHP).
The IPO will open for subscription on July 21, 2025, and close on July 23, 2025, as per the announced timeline.
The minimum investment for retail investors is 2 lots (4,000 shares), which amounts to â‚ą2,60,000 at the issue price of â‚ą65 per share.
You can apply for the IPO through:
- Your bank's net banking platform (ASBA facility)
- Brokerage accounts (online or offline)
- Registered investment platforms
- Designated branches of syndicate banks
The exact application process will be detailed in the Red Herring Prospectus (RHP) when the IPO dates are confirmed. Note that bidding at the cut-off price is not allowed for any category.
Swastika Castal Ltd. is an aluminium casting manufacturer specializing in sand, gravity, and centrifugal casting, producing complex sand-cast designs up to 250kg and gravity castings up to 80kg. Their revenue sources include:
- Manufacturing critical components for electrical equipment and transmission
- Producing robust castings for railways and diesel engines
- Supplying castings for industrial applications (air compressors, insulators, general industrial)
- Exporting castings to Europe, Middle East, and Africa
The company leverages in-house heat treatment facilities for enhanced quality and efficiency, serving railway, electrical, compressor, and engineering industries.
Key risks to consider include:
- Market risk: Dependence on demand from electrical, railway, and industrial sectors, sensitive to economic fluctuations
- Financial risk: Moderate debt levels with a debt-to-equity ratio of 0.85
- Competition: Intense competition from other aluminium casting manufacturers
- Regulatory risks: Compliance with environmental and manufacturing regulations
- Operational risk: Dependence on in-house facilities and raw material availability
Investors should review the risk factors in the RHP before investing.
As per the DRHP, the net proceeds from the IPO (â‚ą14.07 Cr) will be used for:
- Capital expenditure for acquisition of plant & machinery and construction of shed & building (â‚ą5.00 Cr)
- Working capital requirements (â‚ą5.00 Cr)
Specific allocations will be detailed in the RHP.
Swastika Castal has:
- Revenue growth from â‚ą24.41 Cr (FY23) to â‚ą30.31 Cr (FY25)
- PAT growth from â‚ą0.58 Cr (FY23) to â‚ą2.63 Cr (FY25)
- Net worth growth from â‚ą7.39 Cr (FY23) to â‚ą10.67 Cr (FY25)
- EBITDA growth from â‚ą2.33 Cr (FY23) to â‚ą4.55 Cr (FY25)
- ISO 9001:2015 certification and exports to Europe, Middle East, and Africa
- Continuous product and process development through R&D
The company’s focus on quality and diverse product portfolio drives its growth in the aluminium casting industry.
As of March 31, 2025:
- Total borrowings: â‚ą9.12 crore
- Debt-to-equity ratio: 0.85
- EBITDA: â‚ą4.55 Cr, supporting debt servicing capacity
The company maintains a moderate debt-to-equity ratio, supported by steady revenue and EBITDA growth.
The book running lead managers for Swastika Castal IPO are not specified in the provided data. They will be announced in the RHP and are responsible for managing the IPO process, including investor roadshows, price discovery, and allocation.
