Swastika Castal IPO Allotment Status: Issue Subscribed 5.08x, Check Latest GMP, Steps To Verify Status
The bidding window for the Swastika Castal SME IPO was open from July 21, 2025, to July 23, 2025. The basis of allotment will be finalised today, July 24, 2025. Here’s how you can check the IPO allotment status.
Procedure to Check Swastika Castal IPO Allotment Status Online On BSE
- Click here to visit the application status page
- In Issue Type, “Equity”
- In Issue Name, select “ Swastika Castal LIMITED”
- Enter your “Application No.” or “PAN No”
- Click on “I am not a Robot”
- Click “Submit”
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Procedure to Check Swastika Castal IPO Allotment Status on Accurate Securities & Registry Private Limited (Registrar to the issue)
- Visit the IPO allotment verification status page here.
- Select “ Swastika Castal LIMITED” under “Select Company”.
- Enter any of the following details.
- DPID/Client ID
- Application Number
- PAN
- Click “Submit Now”.
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IPO Details
Swastika Castal IPO is a book-building issue of ₹14.07 crores, consisting entirely of a fresh issue of 21.64 lakh equity shares. The price band is set at ₹65 per share. The tentative listing on BSE is July 28, 2025.
Horizon Management Private Limited is the book-running lead manager, and Accurate Securities & Registry Private Limited is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used to fund:
- Capital expenditure for plant & machinery and construction of shed & building
- General corporate purposes
- Working capital requirements
Swastika Castal IPO – Overall Subscription Status
(July 23, 2025, end of the day)
|
Category |
Subscription (times) |
|
Non-Institutional Investors |
2.42 |
|
Retail Individual Investors (RIIs) |
7.75 |
|
Total |
5.08 |
Swastika Castal IPO GMP Details
As of 24 July 2025, Swastika Castal IPO GMP stood at Nil. The shares are expected to list at par with the issue price of ₹65.
|
Source: Business Standard Report dated 24 July, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Swastika Castal Business Overview
Swastika Castal specialises in the manufacturing and supply of high-quality aluminium castings. Their sand casting operations are designed to manage heavy and integrated castings, capable of producing components weighing up to 250 kgs. The company also specialises in centrifugal casting, with the capability to produce components up to 70 kilograms.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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