Swastika Castal shares to list today. Check GMP ahead of debut
Swastika Castal is set to launch on the Bombay Stock Exchange SME platform on Monday. The Initial Public Offering saw good subscription numbers last week. The company reported strong financial growth for fiscal year 2025. However, the stock shows no grey market premium. The IPO consisted of fresh equity shares. The company specializes in aluminum casting for various industries.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
an hour ago
- India Today
Brigade Hotel Ventures IPO allotment: Step-by-step guide to check status
The share allotment for Brigade Hotel Ventures IPO is expected to be finalised on Tuesday, July 29, 2025. The public issue, which opened for subscription on July 24 and closed on July 28, received a decent response from investors across to stock exchange data, the IPO was subscribed 4.76 times overall. The retail investor portion was subscribed 6.83 times, while the Qualified Institutional Buyer (QIB) category was subscribed 5.74 times. The Non-Institutional Investor (NII) portion saw a 2.03 times subscription by the close of bidding on July who applied for shares can check their allotment status either on the Bombay Stock Exchange (BSE) website or through the portal of KFin Technologies Limited, the official registrar for this TO CHECK ALLOTMENT STATUS ON BSEGo to the BSE IPO allotment status "Equity" under the Issue "Brigade Hotel Ventures IPO" from the Issue Name your Application your PAN Card the captcha on "Search" to see your allotment KFIN TECHNOLOGIESVisit the IPO status section on KFin Technologies' official "Brigade Hotel Ventures IPO" from the a method to check your status: Application Number, Demat Account Number, or Application Type – ASBA or the details as the "Submit" to view your GMP AND EXPECTED LISTINGAs of July 29, 2025, the last updated Grey Market Premium (GMP) for Brigade Hotel Ventures IPO stands at Rs 0. Based on the price band of Rs 90, the estimated listing price is also Rs 90. This means there is currently no expected gain or loss per share on Hotel Ventures is expected to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The tentative listing date is Thursday, July 31, 2025.- Ends
News18
16 hours ago
- News18
Savy Infra & Logistics stock jumps nearly 20 pc in debut trade on NSE SME
New Delhi, Jul 28 (PTI) Shares of Savy Infra and Logistics on Monday ended with a premium of nearly 20 per cent against the issue price of Rs 120 per share on the NSE's SME platform Emerge. The shares were listed at Rs 136.50 per share on the NSE SME index, at a premium of 13.75 per cent. Later, it closed at Rs 143.30 apiece, a premium of 19.42 per cent on the bourse. The market capitalisation of the company stood at Rs 298.19 crore on the NSE SME. In volume terms, 32.29 lakh equity shares were traded on the exchange during the day. The Rs 70-crore initial public offering (IPO) of Savy Infra and Logistics garnered a stellar response from the investors by subscribing 114.50 times on the closing day of bidding on Wednesday last week. The initial share sale had a price band at Rs 114-120 per share. The issue is entirely a fresh issue of 58.32 lakh shares. Gandhinagar-based EPC player Savy Infra & Logistics is engaged in the business of engineering, procurement, and construction (EPC) and logistics, with a focus on infrastructure projects. The company also offers logistics services through an asset-light model by renting trucks and drivers. The company reported revenue from operations of Rs 283.39 crore and profit after tax of Rs 23.88 crore in FY25. PTI HG TRB view comments First Published: July 28, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
19 hours ago
- Business Standard
NSE SME Swastika Castal steadies its course on market debut
Shares of Swastika Castal was trading at Rs 65.05 on the NSE, a premium of 0.08% compared with the issue price of Rs 65. The scrip was listed at Rs 67, a premium of 3.08% compared with the initial public offer (IPO) price. The stock is currently down 2.91% over its listing price. The counter hit a high of Rs 67.50 and a low of Rs 63.65. About 8.24 lakh shares of the company changed hands at the counter. Swastika Castal's IPO was subscribed 4.87 times. The issue opened for bidding on 21 July 2025 and it closed on 23 July 2025. The price of the IPO was fixed at Rs 65 per share. The IPO comprised fresh issue of 21,64,000 equity shares. The promoter and promoter group shareholding diluted to 73.49% from 100% pre-issue. The company intends to utilize the net proceeds for capital expenditure, including the acquisition of plant and machinery, construction of sheds and buildings, working capital requirements and general corporate purposes. Swastika Castal began operations in 1996 with the objective of engaging in the aluminium castings business by establishing a foundry. The company currently operates with advanced machinery, inspection, and testing facilities in India, supported by a skilled team of metallurgists and professionals. It has extensive experience in providing customized casting products to both domestic and international clients. The company primarily serves MNCs and large corporates across sectors such as electrical and railways. The company had total 79 employees (including 48 contract workers). The company recorded revenue from operations of Rs 29.66 crore and net profit of Rs 2.63 crore for the period ended 31 March 2025.
