New Delhi, July 24 -- Swastika Castal IPO allotment status today: The initial public offering (IPO) of Swastika Castal closed for subscription on July 23 with a decent demand from investors. Now, following the closure of the issue, investor focus has shifted to Swastika Castal IPO allotment status. The allotment date for Swastika Castal IPO is fixed as Thursday, July 24.

Swastika Castal IPO was a fixed price issue of Rs.65 apiece. The company looked to raise Rs.14 crore via the issue of 21.64 lakh fresh shares.

The issue had opened on July 21 and was booked 5.08 times at the end of the three-day bidding period. Swastika Castal IPO received bids for 1,04,34,000 shares as against 20,52,001 shares on offer. The retail portion was booked 7....