Swastika Castal Ltd. has announced public offering of 2164000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 55.00 per share. The gross proceeds of the issue are expected to be Rs 1,406.60 lakhs.
The company's initial public offer (IPO) will open on 21 July 2025 and is expected to close on 23 July 2025, subject to customary closing conditions.
The IPO includes a fresh Issue of 2164000 Equity Shares of the Company at an price of Rs 65.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.
Swastika Castal Ltd. anticipates using the proceeds of the issue for .
Horizon Management Pvt. Ltd. as lead manager & Accurate Securities & Registry Pvt. Ltd. is the registrar, to the issue.