Swastika Castal IPO subscribed over 5.08x on Day 3

Swastika Castal IPO subscribed over 5.08x on its last day of subscription, wherein QIB subscribed 0.00x, NII subscribed 2.42x, and RII subscribed 7.75x.

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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 5.08x on its last day till 5.00 PM on 23 July 2025.

  • Swastika Castal IPO subscription QIB investors portion is 0.00x, while NII subscribed 2.42x, and RII investors subscribed 7.75x. 
  • The company has received bids for 1,04,34,000 shares against 20,52,001 shares on offer on the last day of subscription.
  • Swastika Castal IPO subscribed over 5.08x on day 3. 
  • Swastika Castal IPO subscribed over 2.88x on day 2. 
  • Swastika Castal IPO subscribed over 1.62x on its day 1.

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 Wednesday, July 23, 2025. That indicates the IPO is trading at ₹65 with a ₹0 premium in the grey market against the issue price of ₹65.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.