Swastika Castal is launching its IPO on July 21, 2025, with the offer closing on July 23, 2025. This is a Fixed Price Issue, aiming to raise approximately ₹14.07 crores. The issue includes a fresh equity issue worth ₹14.07 crores, while the number of equity shares under the Offer for Sale (OFS) is yet to be disclosed. Each share has a face value of ₹10, and the IPO is priced at ₹65 per share.
The allocation structure is as follows: 50% for retail investors, 50% for HNIs, and 0% reserved for QIBs. The allotment is expected to be finalized by July 24, 2025, and the shares are likely to be listed on the BSE on July 28, 2025.
The company reported a revenue of ₹30.31 crores in FY 2025, up from ₹23.35 crores in FY 2024. Net profit also saw a substantial rise, coming in at ₹2.63 crores in 2025 compared to ₹0.65 crores in 2024.