31 Mar 2023
Assets26.24
Total Income24.41
EBITDA2.33
Profit After Tax0.58
NET Worth7.39
Reserves and Surplus5.89
Total Borrowing9.64
At a glance
Updated 2026-09-11The shares listed at ₹67.00, a 3.08% move from the issue price. Swastika Castal is a SME IPO with an issue size of ₹14.07 crore, proposed for listing on BSE SME. The offer opens on 21st Jul 2025 and closes on 23rd Jul 2025. The issue structure includes a fresh issue of ₹13.35 crore. The current listing schedule points to 28th Jul 2025.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹14.07 Cr
Fresh issue₹13.35 Cr
Face value₹10
Price band—–—
Allotment24th Jul 2025
Listing28th Jul 2025
Listing performance
Full performance ↗Issue price₹65.00
Listing price₹67.00
Current price—
Listing gain3.08%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹10.00
GMP / upper priceNO DATA
Est. listing₹75.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st Jul 2025
Closes23rd Jul 2025
Allotment24th Jul 2025
Refund25th Jul 2025
Demat25th Jul 2025
Listing28th Jul 2025
Subscription demand
Full bidding ↗Total5.08×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | — |
Company
Incorporated1996
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building | ₹5.00 Cr |
| Working Capital Requirements | ₹5.50 Cr |
| General Corporate Purposes | ₹1.60 Cr |
| Issue Expenses | ₹1.97 Cr |
| Total | ₹14.07 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue30.31₹ Cr · +29.8% vs prior year
EBITDA4.55₹ Cr · +83.5% vs prior year
PAT2.63₹ Cr · +304.6% vs prior year
Assets30.83₹ Cr · +29.4% vs prior year
Net Worth10.67₹ Cr · +32.9% vs prior year
Borrowing9.12₹ Cr · +1.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets23.82
Total Income23.35
EBITDA2.48
Profit After Tax0.65
NET Worth8.03
Reserves and Surplus6.53
Total Borrowing8.97
31 Mar 2025
Assets30.83
Total Income30.31
EBITDA4.55
Profit After Tax2.63
NET Worth10.67
Reserves and Surplus4.67
Total Borrowing9.12
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 28.17% |
| ROCE | 32.74% |
| Debt / Equity | 0.85% |
| RoNW | 24.70% |
| PAT Margin | 8.88% |
| EBITDA Margin | 15.36% |
| Price to Book Value | 3.66 |
Valuation & shareholding
Pre-IPO EPS4.39
Post-IPO EPS3.23
Pre-IPO P/E14.8
Post-IPO P/E20.14
Promoter holding pre100%
Promoter holding post73.49%
Market cap₹53.07 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Swastika Castal IPO | — | 20.14 x | — | — |
| Poojaa Precision IPO | — | 19.43 x | — | — |
| Msafe Equipments IPO | — | 11.95 x | — | — |
| Kanishk Aluminium IPO | — | 19.03 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Capital Expenditure for acquisition of Plant & Machinery and Construction of Shed & Building | ₹5.00 Cr |
| Working Capital Requirements | ₹5.50 Cr |
| General Corporate Purposes | ₹1.60 Cr |
| Issue Expenses | ₹1.97 Cr |
| Total | ₹14.07 Cr |
Registrar & lead managers
Registrar
Accurate Securities & Registry...Lead managers
- Horizon Management Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-11.
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