Swastika Castal SME IPO Subscription Status
Swastika Castal SME IPO closed on 23 July 2025 with an overall subscription of 5.08x based on shares applied. NII at 2.42x, and retail at 7.75x.
Allotment will be finalised on 24 July 2025. The stock is scheduled to list on NSE and BSE on 28 July 2025.
Issue Price
Rs 65.00
GMP Today
-
Overall Subscription
5.08x
Issue Size
₹13.35 Cr
Allotment Date
24 Jul 2025
Listing Date
28 Jul 2025
Swastika Castal SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 65.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 6.67 Cr | Rs 16.11 Cr | 2.42x |
| IND | Rs 6.67 Cr | Rs 51.71 Cr | 7.75x |
| Total | Rs 13.34 Cr | Rs 67.82 Cr | 5.08x |
Swastika Castal SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| NII | 10,26,000 | 24,78,000 | 2.42x |
| IND | 10,26,000 | 79,56,000 | 7.75x |
| Total | 20,52,000 | 1,04,34,000 | 5.08x |
What Do These Subscription Numbers Mean?
A subscription of 5.08x by shares means the IPO received bids for 5 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
NII at 2.42x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 7.75x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Swastika Castal SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 7.75x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Swastika Castal SME IPO Allotment Status page from 24 July 2025 for your allotment result.
Swastika Castal SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 21 Jul 2025 | - | 1.00x | 2.24x | 1.62x |
| Day 2 - 22 Jul 2025 | - | 1.25x | 4.50x | 2.88x |
| Day 3 - 23 Jul 2025 | - | 2.42x | 7.75x | 5.08x |
Swastika Castal SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 21 July 2025 |
| IPO Close Date | 23 July 2025 |
| Allotment Date | 24 July 2025 |
| Refund Initiation | 25 July 2025 |
| Share Credit to Demat | 25 July 2025 |
| Listing Date | 28 July 2025 |
| Minimum Investment | Rs 2,60,000.00 |
| Lot Size | 2000 shares |
About Swastika Castal SME
Swastika Castal Limited, founded in 1996, specializes in manufacturing high-quality aluminum castings. The company utilizes various casting methods to produce strong and precise aluminum parts, including sand casting (for large and complex parts up to 250 kg), gravity casting (for smooth and accurate parts up to 80 kg), and centrifugal casting (for round or hollow parts). They have an in-house heat treatment facility to ensure product quality, maintain cost efficiency, and enhance the strength and stability of their castings.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Swastika Castal SME IPO Subscription FAQs
What is Swastika Castal SME IPO subscription status today?
Swastika Castal SME IPO subscription closed on 23 July 2025 with overall subscription of 5.08x (by shares) as of 27 June 2026, 3:01 AM IST. QIB N/A, NII 2.42x, IND 7.75x.
What is the overall subscription of Swastika Castal SME IPO?
Swastika Castal SME IPO is subscribed 5.08x overall by shares at close on 23 July 2025. QIB N/A, NII 2.42x, and IND 7.75x.
What is Swastika Castal SME IPO QIB subscription?
QIB subscription for Swastika Castal SME IPO will appear here once institutional bids are recorded.
What is Swastika Castal SME IPO IND subscription?
Swastika Castal SME IPO IND subscription is 7.75x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Swastika Castal SME IPO NII subscription?
Swastika Castal SME IPO NII (Non-Institutional Investors) subscription is 2.42x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Swastika Castal SME IPO for retail?
Swastika Castal SME IPO retail share subscription is 7.75x. Application-wise data is needed for accurate lottery odds.
When is Swastika Castal SME IPO allotment date?
Swastika Castal SME IPO allotment date is 24 July 2025. Check Swastika Castal SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Swastika Castal SME IPO subscription close?
Swastika Castal SME IPO subscription closed on 23 July 2025. No new applications are accepted after the close.
What is Swastika Castal SME IPO GMP today?
GMP for Swastika Castal SME IPO is not available yet. Track Swastika Castal SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Swastika Castal SME IPO issue price and lot size?
Swastika Castal SME IPO issue price is ₹65 per share. Lot size is 2000 shares. Minimum investment is ₹2,60,000 per lot (minimum 2 lots for SME). Issue size: ₹13.35 Cr.
When is Swastika Castal SME IPO listing date?
Swastika Castal SME IPO listing date is 28 July 2025 on NSE and BSE. Allotment is on 24 July 2025.
How does subscription affect Swastika Castal SME IPO allotment?
Allotment odds in Swastika Castal SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 5.08x overall, competition is moderate.
For allotment results from 24 July 2025, visit the Swastika Castal SME IPO Allotment Status page. For listing day updates on 28 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.