Mumbai, July 28 -- 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...