Swastika Castal Ltd Company Summary

Swastika Castal Ltd Summary

Swastika Castal Limited was incorporated on June 10, 1996 as a Public Limited company , pursuant to a Certificate of Incorporation issued by Registrar of Companies, West Bengal. The Company started its operation in 1996 with the object of business of aluminium castings by setting up a foundry. Presently, company has advanced machining, inspection and testing facilities in India which is backed with an efficient team of metallurgists and professionals. It cater to MNCs and large corporates across industries such as electrical and railways. The company now supplies the casting as original equipment (ready to use component) to reputed Companies in India and also exports to parts of Europe, and U.S.A.Varun Sharda and Indra Sharda, as promoters of the Company, bring a wealth of experience to the aluminum casting and manufacturing industry. The promoters have demonstrated remarkable innovation through their research and development team in vertical centrifugal casting. This advanced casting technique, which utilizes high-speed rotation to shape molten material into desired forms, has been a significant breakthrough in the manufacturing process. By focusing on vertical centrifugal casting, the company achieved superior structural integrity, minimized defects, and ensured consistent wall thickness in the final products.Apart from this, Company has established itself as a leader in aluminum casting and manufacturing through its diverse production capabilities. It employs several specialized casting processes to meet varying industrial requirements. It utilize helium gas leak detectors toidentify and locate even the smallest leaks in systems or components Additionally, this facility includes CNC, coordinate measuring machines (CMMs) for automated precision measurement of manufactured parts. These machines verify dimensional accuracy by measuring geometrical characteristics such as size, shape, and position, etc.Company launched the initial public offer of 21,64,000 equity shares of face value of Rs 10 by raising money aggregating to Rs 14.06 Crore via fresh issue in July, 2025.