The IPO, which ran from July 21 to July 23, was a publication with a fixed price that consisted entirely of shares of new shares, a total of 21.64 Lakh shares.
About the company
Swastika Castal, recorded in 1996, is active in the aluminum gike sector, specialized in sand casting, gravitational casting and centrifugal casting techniques. The company produces a diverse range of castings that are used in electrical transmission equipment, railways, diesel machines and general industrial applications.
Due to the internal heat treatment facility and design capacity, Swastika Castal can offer end-to-end solutions, including high-quality, precise and dimensionally stable aluminum components.
The company serves both domestic and international customers and uses a strategy that combines diversified products, sustainable activities and technical innovation.
Financial snapshot
The company reported a turnover from 30% to RS 30.31 Crore in FY25 and an increase of 305% in net profit to RS 2.63 Crore compared to the previous year.
Despite healthy financial data and sectoral in the back, the absence of a gray market premium suggests Sentiment prior to the list.
Horizon Management was the main manager and accurate effects and register acted as clerk of the issue.
((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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