Swastik Castal IPO – Complete Overview
Swastik Castal Limited, a seasoned player in the aluminium casting industry, is launching its SME IPO with a fixed-price issue of ₹14.07 crore. Established in 1996, the company has earned a reputation for delivering high-quality aluminium castings using advanced techniques such as sand casting, gravity casting, and centrifugal casting.
Swastik Castal has carved a niche in the manufacturing sector with its capability to produce complex castings up to 250 kg using sand techniques and gravity castings up to 80 kg with exceptional surface finish and dimensional accuracy.
Business Model and Product Segments
The company’s manufacturing process is powered by in-house heat treatment facilities, which enhance the mechanical performance and dimensional stability of cast parts. This technical edge not only ensures precision manufacturing but also optimizes operational costs.
Key Product Categories:
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Railways & Diesel Engines: Heavy-duty aluminium castings known for durability and structural strength.
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Electrical Equipment & Power Transmission: Precision components used in energy transmission systems.
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General Industrial Applications: Includes air compressor parts, electrical insulators, and customized industrial casting components.
Swastik Castal IPO Details
Key Dates – Swastik Castal IPO Timeline
Swastik Castal IPO GMP (Grey Market Premium) Insight
As per market sources, Swastik Castal IPO GMP is witnessing active interest in the grey market. The GMP trend offers an early glimpse into market sentiment, suggesting potential listing gains. However, investors are advised to look beyond GMP and evaluate company fundamentals and valuation before investing.
(Note: GMP values are dynamic and unofficial; always verify from trusted financial sources.)
Financial Performance Snapshot
While Swastik Castal has not disclosed detailed financials in the public domain as of now, reports indicate:
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Steady revenue growth over the past few years.
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Focus on operational efficiency through automation and heat treatment processes.
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Low debt levels, making it an attractive SME investment.
Further updates on audited financials are awaited from the company’s red herring prospectus (RHP).
Strengths & Risks – A Quick Look
Key Strengths:
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Proven track record in precision aluminium castings.
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Diversified industry presence: railway, energy, industrial sectors.
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Strong in-house capability with automated and heat treatment facilities.
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Experienced management with over two decades in the industry.
Potential Risks:
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Limited scalability due to SME structure.
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Highly competitive casting market.
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Dependence on raw material prices (aluminium volatility).
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Client concentration risk if major revenue comes from a few buyers.
FAQs – Swastik Castal IPO
Q1. What is Swastik Castal IPO GMP today?
Swastik Castal IPO GMP is currently trending around ₹X (as per latest grey market data), indicating positive sentiment. Please verify with updated GMP sources.
Q2. What is the Swastik Castal IPO date?
The IPO opens on July 21, 2025, and closes on July 23, 2025.
Q3. What is the Swastik Castal IPO listing date?
The listing is expected on July 28, 2025, at BSE SME.
Q4. What is the price band for the Swastik Castal IPO?
The IPO is priced at a fixed rate of ₹65 per equity share.
Q5. How to check Swastik Castal IPO allotment status?
Investors can check their allotment status on the official website of Bigshare Services Pvt Ltd.
Conclusion – Should You Invest?
Swastik Castal IPO GMP presents an opportunity for investors seeking exposure in the manufacturing and infrastructure-driven sector. The company’s technical strengths, stable demand, and SME pricing structure make it an interesting pick for risk-tolerant retail investors.
However, as with all SME IPOs, liquidity risks and valuation assessment should not be ignored. If you believe in the company’s long-term vision and have a medium-risk appetite, you may consider applying after reviewing the full RHP and consulting your financial advisor.
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