
Emerging SME Services · BSE
Incorporated in 1996, Swastika Castal Limited is engaged in the business of aluminum casting, primarily operating within the manufacturing sector. The company focuses on producing high-quality aluminum castings using techniques such as sand casting, gravity casting, and centrifugal casting. It specializes in sand casting for complex designs weighing up to 250 kg and gravity casting for components up to 80 kg, delivering precise products with excellent surface finish and dimensional accuracy. Swastika Castal also operates an in-house heat treatment facility, allowing for enhanced quality control, operational efficiency, and cost-effectiveness while ensuring consistent mechanical properties and dimensional stability. The company's product range includes critical components for electrical equipment and transmission systems, robust castings for railways and diesel engines, and parts used in various industrial applications such as air compressors and insulators.
Price Band
₹65
Issue Size
₹14.07 Cr
Lot Size
2000 shares
GMP
+15.4%
Est. Listing
₹75
at current GMP
Subscribed
5.08x
overall
Open
21 Jul 2025
Close
23 Jul 2025
Allotment
25 Jul 2025
Refund
26 Jul 2025
Demat Credit
27 Jul 2025
Listing
28 Jul 2025
Last updated: 10 Nov 2025
Current Premium
Issue Price (Upper)
₹65
Band: ₹65
Estimated Listing Price
₹75
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,30,000
Estimated Profit / Lot
₹20,000
2000 × ₹10
Grey Market Premium trend
+₹10
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹10 | 15.4% | ₹75 |
| 30 Oct 2026 | +₹10 | 15.4% | ₹75 |
| 29 Oct 2026 | +₹9 | 13.8% | ₹74 |
GMP is unofficial market data. Not a guarantee of listing performance.
Swastika Castal Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹14.07 Crores. The shares are offered at a price band of ₹65 to ₹65 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-07-23, the basis of allotment is scheduled to be finalized on 2025-07-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Accurate Securities & Registry Private Limited) or the BSE allotment checking window.
The latest grey market premium for Swastika Castal Limited IPO is ₹10, which indicates an expected listing price of ₹75.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.