Swastika Castal IPO subscribed over 1.62x on Day 1
Swastika castal's IPO subscription started on Monday, July 21, 2025, and the IPO will close on July 23, 2025, as per the schedule. The price band is ₹65 per share with a face value of ₹10.
Swastika Castal IPO Subscription Status
Swastika Castal IPO subscribed over 1.62x on its first day.
About Swastika Castal Company
Swastika Castal Limited, founded in 1996, is one of the growing companies involved in the business of aluminum casting. The company is engaged in the manufacturing of high-quality aluminum castings using advanced techniques like sand casting, gravity casting, and centrifugal casting. Swastika Castal mainly focuses on sand casting for complex parts up to 250 kg, and gravity casting for high-precision components up to 80 kg. Their castings are known for their great surface finish, accuracy, and quality. Our in-house heat treatment facility ensures to offer high quality, better efficiency, and cost savings, with accurate control over the strength and shape stability of the products.
Swastika Castal Financial Report
The company reported revenue of ₹30.31 crores in 2025 against ₹23.35 crores in 2024. The company reported a profit of ₹2.63 crores in 2025 against a profit of ₹0.65 crores in 2024.
Swastika Castal IPO GMP:
Swastika Castal IPO GMP was ₹0 as of Monday, July 21, 2025. That indicates the IPO is trading at ₹115 with a ₹0 premium in the grey market against the issue price of ₹65.
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