Swastika Castal IPO is a fixed price of ₹14.07 crores. The issue is entirely a fresh issue of 21.64 lakh shares.
Swastika Castal IPO bidding opened for subscription on July 21, 2025 and will close on July 23, 2025. The allotment for the Swastika Castal IPO is expected to be finalized on Thursday, July 24, 2025. Swastika Castal IPO will be list on BSE SME with a tentative listing date fixed as Monday, July 28, 2025.
Swastika Castal IPO price is ₹65 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,60,000 (4,000 shares). The minimum lot size investment for HNI is 3 lots (6,000 shares) amounting to ₹3,90,000.
Incorporated in 1996, Swastika Castal Limited is engaged in the business of aluminum casting. The company operates primarily in the manufacturing sector, focusing on producing high-quality aluminum castings through processes such as sand, gravity, and centrifugal casting.
The company specializes in sand-casting for complex designs (up to 250 kg) and gravity casting (up to 80 kg) for precise, high-quality components with excellent surface finish and accuracy. The company has an in-house heat treatment facility, ensuring superior quality, efficiency, and cost-effectiveness with precise control over mechanical properties and dimensional stability.
Products:
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.