PNN
Mumbai (Maharashtra) [India], July 18:Swastika Castal LimitedA prominent producer of aluminum castings, based in Vadodara, Gujarat, the company is recognized for its skills in sand casting, gravity die casting, and centrifugal casting. It has declared the launch of its IPO on July 21, 2025, with an intended issue size of ₹14.07 Crores, and the shares are expected to be listed on BSE Limited's SME Platform.
Equity Share Allocation
* Market Maker - 1,10,000 Shares of Equity
* Retail Individual Investors (RII) - 10,28,000 Shares of Equity
* Others - 10,26,000 Equity Shares
The funds received from the IPO will be used for capital spending on purchasing equipment and machinery, building sheds and structures, covering working capital needs, and for general company purposes.
The public subscription period will begin on Monday, July 21, 2025, and end on Wednesday, July 23, 2025.
Horizon Management Private Limited serves as the Lead Manager for the offering, while Accurate Securities & Registry Private Limited acts as the Registrar for the issue.
Mr. Varun Sharda, Founder and Chief Executive Officer ofSwastika Castal Limited, expressed: "Swastika Castal LimitedHis entry into the capital markets represents a significant turning point in our path of exact engineering, creativity, and worldwide growth. For many years, we have positioned ourselves as a reliable producer of high-accuracy aluminum castings, supplying essential industries throughout India, Europe, Japan, and the United States.
Boasting extensive knowledge in sand casting, gravity die casting, and centrifugal casting, along with state-of-the-art production systems and ISO-certified procedures, we provide customized, high-performance solutions for industries such as automotive, rail, power transmission, and oil & gas.
Highlights:
* New Issue Size - 21,64,000 Equity Shares of ₹ 10 each
* Amount Issued - ₹ 14.07 Crores
* Issue Cost - ₹ 65 Per Share
* Trading Unit - 2,000 Equity Shares
Our travels have been influenced by ongoing investment in state-of-the-art equipment, trained personnel, and thorough testing procedures that comply with international quality requirements. Under the direction of seasoned management, we regularly deliver dependable and accurate solutions for a wide range of customers.
The funds generated from this IPO will allow us to increase manufacturing capabilities, improve working capital, and boost our international footprint. As we move into this new stage of growth, we are dedicated to delivering long-term value and reinforcing Swastika Castal's standing as a reliable leader in aluminum castings that supports the 'Make in India' initiative.
Mr. Sanjay Dubey, the chief executive officer of Horizon Management Private Limited, stated,
The aluminum casting sector is set for substantial expansion fueled by growing industrialization, infrastructure projects, and increased need in areas like automotive, rail transport, power distribution, and heavy equipment. Improvements in production techniques and a focus on enhanced accuracy and quality are also boosting the market's prospects at both national and international levels.
In this scenario, businesses that utilize technological advancement and uphold strict quality controls are most prepared to take advantage of the expanding prospects.Swastika Castal Limited, with its emphasis on accurate manufacturing and dedication to excellence, is ideally positioned to take advantage of these positive trends in the sector.
We are pleased to be a part ofSwastika Castal LimitedTheir IPO process and the confidence that the raised capital will enable them to enhance their operational strengths and expand their footprint in a fast-changing market. This collaboration presents an intriguing chance to back a company ready for long-term growth and value development.
About The Company:
Swastika Castal LimitedOne of the top manufacturers of aluminum castings, known for its proficiency in various casting methods such as sand casting, gravity die casting, and centrifugal casting. Supported by a competent technical team and ISO 9001:2008 certified procedures, the company ensures reliable quality and tailored solutions, gaining the confidence of multinational clients worldwide. Swastika provides ready-to-use aluminum parts to customers in India, Europe, Japan, and the United States, serving essential industries like automotive, railways, textiles, electricals, and power transmission. Its strong manufacturing system, based on advanced technology, modern equipment, and thorough testing facilities, has established the company as a globally competitive and dependable supplier in the aluminum casting sector. Through its emphasis on engineering excellence, operational accuracy, and customer-focused innovation, Swastika Castal continues to enhance its position in both local and global markets.
For the fiscal year 2025, the company reported a Revenue of ₹ 2,966.12 Lakhs, an EBITDA of ₹ 455.46 Lakhs, and a PAT of ₹ 263.49 Lakhs.
Note: Some statements in this document that are not historical facts are considered forward-looking statements. These forward-looking statements are influenced by various risks and uncertainties, including government actions, local, political, or economic changes, technological challenges, and numerous other factors that could lead to results differing significantly from what is anticipated in these statements. The Company will not be held accountable for any actions taken based on these statements and does not commit to updating these forward-looking statements publicly to reflect future events or situations.
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