The Swastika Castal IPO is an upcoming SME public issue, open for subscription from July 21 to July 23, 2025, with an aggregate issue size of ₹14.07 crore, entirely comprised of a fresh share offering. Headquartered in Kolkata, Swastika Castal specializes in aluminium casting, catering to diverse industrial sectors requiring quality cast products. The company intends to utilize the IPO proceeds for business expansion, modernization, and working capital. The Swastika Castal IPO will be listed on the BSE SME platform, enabling investors to participate in India’s expanding manufacturing and metals industry.
₹00
₹65
₹67.00
Expert Opinions
The Swastika Castal IPO has generated favorable market interest, supported by the company’s consistent financial growth and established niche in the aluminum casting sector. Swastika Castal’s strengths lie in its diversified product portfolio serving key industries like electrical equipment, railways, and exports to Europe and the USA, demonstrating adaptability and a steadily expanding client base. The company reported a sharp increase in FY 2025 revenue to ₹30.31 crore and net profit to ₹2.63 crore, signaling growing operational scale and profitability.
However, notable challenges include its relatively small scale in a competitive market, customer concentration risks, and sensitivity to raw material price volatility. The FY 2025 valuation for the Swastika Castal IPO is marked by a robust Return on Equity (ROE) of 28.17%, ROCE of 32.74%, and Net Asset Value (NAV) of ₹17.78, reflecting capital-efficient operations. In the long term, Swastika Castal’s prudent reinvestment strategy and experienced management support growth, though monitoring sector dynamics is essential for sustainability.
Investor Considerations
Investors evaluating the Swastika Castal IPO should recognize the company’s solid fundamentals, with FY 2025 revenue rising to ₹30.31 crore and profit after tax surging to ₹2.63 crore, reflecting agile operations and effective cost management. The aluminum casting sector is experiencing steady growth, supported by increased demand in infrastructure, automotive, and export markets. The IPO’s FY 2025 valuation shows a Price to Book Value of 3.66, a healthy PAT margin of 8.88%, and a Debt/Equity ratio of 0.85, indicating controlled leverage and financial prudence.
Growth prospects are promising due to capacity expansion funded by IPO proceeds and a strategy focused on product diversification and strengthening exports. However, investors should weigh risks such as sector competition, customer concentration, and raw material price volatility. The Swastika Castal IPO is better suited for long-term investors seeking exposure to India’s manufacturing growth, rather than short-term speculative gains due to the company’s SME scale and cyclicality risks.
| Date | GMP | Trend |
|---|---|---|
| 25 Jul 2025 10.45 | ₹00 | --- |
| 24 Jul 2025 10.35 | ₹00 | --- |
| 23 Jul 2025 10.49 | ₹00 | --- |
| 22 Jul 2025 10.45 | ₹00 | --- |
| 21 Jul 2025 10.33 | ₹00 | --- |
| 20 Jul 2025 13.03 | ₹00 | --- |
| 19 Jul 2025 12.10 | ₹00 | --- |
| 18 Jul 2025 10.35 | ₹00 | --- |
| 17 Jul 2025 10.35 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Swastika Castal IPO’s listing performance. With a final GMP of ₹0, it suggested a flat listing around the issue price of ₹65. The stock listed slightly higher at ₹67, delivering a modest gain of 3.08%. This resulted in a small prediction error of 3.08%, where the GMP missed the slight positive direction but still indicated a near-flat debut, demonstrating fair reliability in this case.
Swastika Castal IPO Current GMP is ₹00.
Swastika Castal IPO Expected Returns is 0.00%.
Swastika Castal IPO estimated listing price is ₹65.