The Swastika Castal IPO has generated significant buzz among investors, and the wait for allotment status is finally over! If you’ve applied for this much-anticipated IPO, here’s everything you need to know about checking your allotment status, the latest Grey Market Premium (GMP), and what comes next.
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Swastika Castal IPO: Key Details at a Glance
Feature | Details |
---|---|
IPO Name | Swastika Castal IPO |
Allotment Date | Likely out today (as per official updates) |
Listing Exchange | NSE SME |
Issue Price | ₹110 per share |
Lot Size | 1 lot = 1,200 shares |
Latest GMP | ₹40-₹45 (subject to market changes) |
How to Check Swastika Castal IPO Allotment Status
Checking your IPO allotment status is simple and can be done online in a few steps. Here’s how:
- Visit the official registrar’s website (such as Bigshare Services or the NSE SME portal).
- Enter your application number, PAN, or DP/Client ID as required.
- Submit the details to view your allotment status instantly.
For a step-by-step guide on checking IPO allotments and other investment tips, visit our Finance section.
What is the Latest GMP for Swastika Castal IPO?
The Grey Market Premium (GMP) for Swastika Castal IPO is currently hovering around ₹40-₹45 per share, indicating strong investor interest and a positive sentiment ahead of the listing. However, GMP is unofficial and can fluctuate based on market trends, so it’s wise to use it as a reference rather than a guarantee.
What Happens After Allotment?
If you’re allotted shares, they will be credited to your Demat account before the listing date. If not, your application money will be refunded. The listing on the NSE SME platform is expected soon, and all eyes are on how the stock will perform on debut.
For more on recent IPO performances and market analysis, check out our latest IPO reviews.
Why Is Swastika Castal IPO in Demand?
Swastika Castal, known for its expertise in aluminum die casting, has attracted attention due to its robust business model and growth prospects. The company’s focus on quality and innovation has made it a favorite among retail and institutional investors alike.
FAQs
Q1: Where can I check the Swastika Castal IPO allotment status?
A: You can check your allotment status on the official registrar’s website (like Bigshare Services) or the NSE SME portal. Simply enter your application details to know if you’ve been allotted shares. Read the official guide here.