Swastika Castal Ltd IPO
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Swastika Castal Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 21.64 L | TBA | ₹ 10.28 L | ₹ 60 L | BSE | ₹ 14.07 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 21 Jul, 25 | 23 Jul, 25 | 4000 | ₹ 2,60,000 | Fixed Price - SME | 28 Jul, 25 |
Swastika Castal Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Castings & Forgings |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 2.52x | 1026000 | 2588000 |
| Retail | 7.74x | 1028000 | 7956000 |
| Employee | 0x | 0 | 0 |
| Total | 4.87x | 2164000 | 10544000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Swastika Castal Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 4.09 | 1.51 | 1.39 |
| EBITDA | 4.71 | 2.09 | 1.94 |
| PAT | 2.63 | 0.65 | 0.58 |
| Total Assets | 20.83 | 14.53 | 17.19 |
| Share Capital | 6.00 | 1.50 | 1.50 |
| Total Borrowings | 9.20 | 7.19 | 8.57 |
| Operating Activities (Net Cash) | 3.25 | 1.23 | 1.13 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 9.20 | 7.19 | 8.57 |
| Net Cashflow | 0.86 | 1.25 | 1.82 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Swastika Castal Ltd
Swastika Castal Limited (the Company) was incorporated on June 10, 1996 as a Public Limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by Registrar of Companies, West Bengal.
The world production of Primary Aluminium Metal during Apr'2024-Jan'2025 was about 60.634 million tonnes against world consumption of 60.229 million tonnes, resulting in a surplus of 0.405 million tonnes. During Jan'25-Mar'25 (Q1-CY 2025), the world consumption of Primary Aluminium Metal is expected to be 18.109 million tonnes against world production of around 17.879 million tonnes, implying a deficit of 0.230 million tonnes. The share of India in the world primary Aluminium production was around 5.8% during Apr-Jan-2025. Aluminium casting represents a sophisticated manufacturing process where molten aluminium is carefully poured into precisely engineered molds, enabling the creation of intricate and complex components essential for various high-performance industries, including automotive manufacturing, electrical quipments, aerospace applications, and renewable energy systems. In 2022, the die casting segment was the largest revenue generator, and is anticipated to grow at a CAGR of 5.4% during the forecast period. Die casting is one of the aluminium casting processes where molten metal is forced under high pressure into the mold cavity. This mold cavity is made by using hardened tools steel dies that have a specific shape and size of the desired casting. Generally, die castings are made from non-ferrous metals such as zinc, magnesium, lead, and others.
The Company started its operation in the year 1996 with the object of business of aluminium castings by setting up a foundry. Presently the company has advanced machinine, inspection and testing facilities in India which is backed with an efficient team of metallurgists and professionals. The Company have long expertise in offering tailored casting products to the domestic and international clients. The Company has built a strong reputation for delivering high-quality aluminium castings, earning the trust of several long-standing multinational corporations (MNCs) as its customers.
Peer Comparison:
- Thaai Casting Ltd
Swastika Castal Ltd IPO Key Points
Strengths
- Product Spectrum & Portfolio.
- Strong Promoters and Board of Directors.
- Experienced and Skilled Execution Team.
- Ensuring Satisfactory Customer Experience through high quality products.
Risk
- Substantial portion of its revenues are dependent on few customers and the loss of, or a significant reduction in purchases by any one or more such customers could adversely affect its financial performance.
- Financial and Market Risks.
- Our design and engineering team designs our products as per the specifications provided by the Customers. Any variation from the customer specification may lead to increase in cost or reduce margins.
Strategy
- Bulk Procurement Approach.
- Supply Chain Risk Management.
- Storage Facility Features.
- Inventory Optimization.
- Product Spectrum & Portfolio.
- Strong Promoters and Board of Directors.
- Experienced and Skilled Execution Team.
- Ensuring Satisfactory Customer Experience through high quality products.
How To Apply for Swastika Castal Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
