Swastika Castal Limited is a specialized player in the aluminum casting industry. Starting with a single foundry, the company has evolved into a modern manufacturer with advanced machining, inspection, and testing facilities backed by a skilled team of metallurgists and engineers.
Core expertise:
Swastika produces high-quality aluminum castings using:
- Sand casting: For large, complex designs up to 250 kg.
- Gravity die casting: For precise components up to 80 kg with superior surface finish.
- Centrifugal casting: For specialized cylindrical parts.
To ensure the highest standards, the company operates an in-house heat treatment facility, giving it control over mechanical properties, dimensional accuracy, and cost-effectiveness.
Product portfolio:
Swastika’s diverse castings serve critical applications, including:
- Electrical equipment and transmission: Terminals, connectors, and conductors.
- Railways and diesel engines: Robust and reliable components.
- Industrial applications: Gearboxes, air compressors, insulators, textile machinery parts, and more.
The company supplies original equipment (ready-to-use components) to reputable domestic brands and exports to Europe, Japan, and the United States.
Swastika Castal IPO – Details
| IPO Opening Date | 21 July 2025 |
| IPO Closing Date | 23 July 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 21,64,000 Shares Worth ₹14.37 Crore Fresh Issue: 21,64,000 Shares Worth ₹14.37 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹65 Per Share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Accurate Securities & Registry Private Limited |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Swastika Castal IPO – Date Schedule
| IPO Open Date | 21 July 2025 |
| IPO Close Date | 23 July 2025 |
| Basis of Allotment | 24 July 2025 |
| Initiation of Refund | 25 July 2025 |
| Credit of Shares to Demat | 25 July 2025 |
| IPO Listing Date | 28 July 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 23, 2025 |
Swastika Castal IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,60,000 |
| Individual investors (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 |
Competitive Strengths
- Diverse Product Offerings.
- Global Reach.
- Commitment to Quality.
- Leadership Expertise.
- Sustainability Focus.
Company Promoters
- Varun Sharda
- Indra Sharda
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹24.41 Cr | ₹23.57 Cr | ₹0.58 Cr | ₹9.64 Cr |
| 31 March 2024 | ₹23.35 Cr | ₹22.43 Cr | ₹0.65 Cr | ₹8.97 Cr |
| 31 March 2025 | ₹30.31 Cr | ₹26.83 Cr | ₹2.63 Cr | ₹9.12 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.39 | 3.23 |
| P/E (x) | 14.80 | 20.14 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure for the acquisition of Plant & Machinery and the Construction of Shed & Building. | ₹5.00 |
| Working Capital Requirements. | ₹5.00 |
✅Strengths
- Diverse product portfolio: sand, gravity, and centrifugal castings.
- In-house heat treatment & advanced quality facilities.
- Experienced promoters & skilled engineering team.
- Strong ties with large domestic & international clients.
⚠️Risks
- High dependence on a few major customers.
- Works mainly on purchase orders – no long-term contracts.
- Volatile raw material prices (especially aluminum).
- Labour dependency & need to adopt new technologies.
- Group company losses and unregistered trademark may impact reputation.
Swastika Castal IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.49% |
Swastika Castal IPO Prospectus
- Swastika Castal IPO DRHP
- Swastika Castal IPO RHP
Company Contact Information
| Swastika Castal Ltd. 117A, Chittaranjan Avenue, Kolkata, West Bengal, 700073 Phone: +91 63539-26282 Email: compliance@aluminiumcasting.net Website: https://sclcasting.com/ |
Swastika Castal IPO Registrar
| Accurate Securities & Registry Private Limited Phone: +91-79-48000319 Email: swastika.ipo@accuratesecurities.com Website: https://www.accuratesecurities.com/ipo-details.php |
Swastika Castal IPO Lead Manager(s)
| 1. Horizon Management Private Limited |
Swastika Castal IPO FAQ
| What is Swastika Castal IPO? Swastika Castal IPO is a SME IPO. The issue is priced at ₹65 per equity share. The IPO is to be listed on BSE SME. |
| When Swastika Castal IPO will open? The IPO is to open on 21 July 2025 for NII, and Retail Investors. |
| What is the Swastika Castal IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| How to Apply the Swastika Castal IPO? You can apply Swastika Castal IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Swastika Castal IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Swastika Castal IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Swastika Castal IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Swastika Castal IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Swastika Castal IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Swastika Castal IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Swastika Castal IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Swastika Castal IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the Swastika Castal IPO Size? Swastika Castal IPO size is ₹14.07 Crore. |
| What is the Swastika Castal IPO Price Band? Swastika Castal IPO Price Band is ₹65. |
| What is Swastika Castal IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 4000 Shares with ₹2,60,000 amount, while the maximum bid is 4000 Shares with ₹2,60,000. |
| What is the Swastika Castal IPO Allotment Date? Swastika Castal IPO allotment date is 24 July 2025. |
| What is the Swastika Castal IPO Listing Date? Swastika Castal IPO listing date is 28 July 2025. The IPO is to be listed on the BSE SME. |
