How to Apply for Swastika Castal IPO in 2025: Step-by-Step Guide for Investors

How to Apply for Swastika Castal IPO in 2025: Step-by-Step Guide

Swastika Castal Ltd, a promising name in the aluminium die casting industry, is opening its doors to public investors through its Initial Public Offering (IPO) in 2025. If you're looking to invest in this IPO, understanding the application process is essential. This guide explains how to apply for Swastika Castal IPO via different platforms, eligibility criteria, important dates, and more.

Table of Contents

About Swastika Castal IPO

Eligibility Criteria

Methods to Apply

How to Apply via Zerodha

How to Apply via Net Banking (ASBA)

Key Dates and Lot Size

Allotment Status & Refund

FAQs

1. About Swastika Castal IPO

Swastika Castal Ltd is entering the capital markets with its SME IPO (Small and Medium Enterprises), aiming to raise funds to expand manufacturing capabilities and strengthen working capital.

IPO Details (Tentative):

Source: Chittorgarh | NSE India

2. Eligibility Criteria

Before you apply, ensure you meet the following:

You must have a PAN card

Demat account is mandatory

Bank account linked to your PAN & Demat

Minimum investment amount based on lot size

Retail investors, HNIs, and institutional buyers can all participate, but retail investors can apply up to ₹2 lakh.

3. Methods to Apply for Swastika Castal IPO

There are two major ways to apply:

✅ 1. UPI-based Online Application via Brokers (like Zerodha, Groww, Upstox)

✅ 2. ASBA (Application Supported by Blocked Amount) via Net Banking

4. How to Apply for Swastika Castal IPO via Zerodha (Console)

Zerodha is one of the most popular brokers in India. Here's how you can apply:

Step-by-Step:

Login to Zerodha Console at console.zerodha.com

Go to Portfolio > IPO

Select Swastika Castal IPO from the list

Enter your bid quantity and price

Enter your UPI ID (linked with BHIM or bank app)

Accept the mandate request on your UPI app

Click Submit

5. How to Apply for Swastika Castal IPO via Net Banking (ASBA)

If you use banks like SBI, ICICI, HDFC, or Axis, ASBA is a secure method to apply directly:

Steps:

Log in to your Net Banking account

Navigate to Investments > IPO/ASBA Services

Choose Swastika Castal IPO

Fill in the details: PAN, Demat ID, Bid amount

Approve the transaction

Your bank will block the amount until allotment is finalized.

🛡️ Safe and widely recommended by SEBI

6. Key Dates and IPO Timeline

📌 Check the final RHP for confirmed dates on SEBI.

7. How to Check Swastika Castal IPO Allotment Status

Once the IPO closes:

Visit Link Intime India or BSE IPO Allotment

Select Swastika Castal IPO

Enter PAN / Application number / Demat ID

Click “Submit” to view status

You’ll know if shares are allotted. If not, blocked funds will be unblocked automatically.

8. FAQs: Swastika Castal IPO

❓ Is Swastika Castal IPO a good investment?

Swastika Castal operates in a niche, growing sector. Review financials, valuation, and industry trends before investing.

❓ Can I apply through Paytm or PhonePe?

No, SME IPOs generally require application via brokers or ASBA banks.

❓ What is the allotment ratio for SME IPOs?

Allotment depends on subscription levels. In case of oversubscription, allotment is through a lottery-based system.

External Trusted References:

NSE India – IPO Details

SEBI IPO Investor Page

Zerodha IPO Application Help

✅ Final Thoughts

Investing in IPOs like Swastika Castal Ltd can be a strategic move if timed and researched well. This IPO, with its focus on the automotive and industrial casting segment, holds potential, but always assess fundamentals, read the RHP, and stay updated through reliable sources before applying.