Upcoming

Swastika Castal Ltd IPO

Swastika Castal Ltd. is engaged in the manufacturing of aluminium casting components used in the automotive and engineering sectors. The company offers a range of pressure die-cast parts and precision-machined components for two-wheelers, four-wheelers, and industrial applications. With a focus on quality and customer satisfaction, it serves OEMs and Tier-I suppliers across India.

DRHP Final Prospectus

Min Investment

₹2,60,000

Lot Size

4,000 Shares

Price Range

₹65.0

Issue Size (₹ Cr.)

₹14.07

IPO Type

BSE SME

Key Metrics

Face Value

₹ 10

GMP

₹ 0.0

Subscription

EPS

₹ 3.23

P/E Ratio

20.14 x

RoNW

24.70%

ROE

28.17%

Debt to Equity (₹ Cr.)

0.85

Timeline

IPO Open21/07/2025Monday

IPO Close23/07/2025Wednesday

Allotment24/07/2025Thursday

Refund25/07/2025Friday

Listing28/07/2025Monday

Strengths

Experienced Industry Presence The company has a long-standing presence in aluminium casting, with years of technical know-how in sand, gravity, and centrifugal castings.
Diverse Product Applications Its products serve multiple sectors such as railways, transmission, and heavy machinery, reducing dependency on any one industry.
Strong Return Ratios Swastika Castal reports healthy return metrics, reflecting efficient operations and good capital utilization.
Planned Use of IPO Funds The IPO proceeds are set to improve production capacity and invest in advanced machinery, aiding future scalability.
Export Potential With a customer base that includes international buyers, the company has exposure to global markets, boosting growth potential.

Weaknesses

Regional Dependence The company operates mainly in specific areas, exposing it to regional market risks and limiting its reach.
Debt Burden High financial leverage may impact long-term sustainability and flexibility in meeting future obligations.
Equity Dilution Risk Any future issue of shares may reduce the ownership percentage of current investors.
Low Trading Liquidity SME listing status may lead to low share liquidity and limited investor participation.
Regulatory Exposure Being subject to Indian laws, foreign investors may face restrictions or limited shareholder rights.