Announced Mon, 26 Oct, 2026 · 16:46 IST
IPO proceeds fully utilised without any deviation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
For the half year ended September 30, 2026, Swastika Castal reported no deviation in using IPO proceeds. Of the INR 1,406.60 lakh raised on July 28, 2025, INR 500 lakh funded plant, machinery, shed and building, INR 550 lakh met working capital needs, INR 159.68 lakh covered general corporate purposes, and INR 196.92 lakh paid issue expenses. All funds were utilised as planned.
Likely market impact
The update confirms no diversion of IPO funds, supporting investor confidence but offering no new financial catalyst for the stock.