- CEO
- Varun Aloke Sharda
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Vadodara India
- IPO Date
- Jul 28, 2025
- Business
- Swastika Castal Ltd is an India-based engineering and manufacturing company specializing in high-precision aluminum castings and ready-to-use machined components for industrial applications. Founded in 1996 and headquartered in Vadodara, Gujarat, India, the company operates an integrated manufacturing facility in Karjan, Gujarat. Swastika Castal Ltd designs, develops, and manufactures complex aluminum casting solutions across three primary methodologies: sand casting for components weighing up to 250 kilograms; gravity die-casting (GDC) for components weighing up to 80 kilograms; and centrifugal casting for cylindrical and symmetrical parts weighing up to 70 kilograms. The company's comprehensive product portfolio includes critical aluminum components for gas-insulated switchgear (GIS) and air-insulated switchgear (AIS) applications, including high-voltage circuit breakers, disconnectors, busbar enclosures, terminal connectors, and transformer housings; automotive and railway components, including powertrain housings, brackets, suspension elements, motor casings, and structural supports; and specialized precision castings for oil and gas, industrial pump assemblies, textile machinery, and fire-fighting equipment. In addition to primary casting, the company provides end-to-end value-added processing and inspection services, comprising precision CNC milling, turning, and machining; specialized in-house heat treatment; advanced leak detection, including automated helium mass spectrometry, pneumatic, hydraulic, and burst pressure testing; non-destructive evaluation, including radiographic X-ray and ultrasonic testing; and advanced surface finishing treatments, including silver plating, copper thermal spraying, anodizing, and protective powder coating. Swastika Castal Ltd serves original equipment manufacturers (OEMs) and tier-one suppliers across the power transmission, electrical infrastructure, automotive, railway, and heavy engineering sectors across India, as well as export markets in the United States, Europe, and Japan. In recent developments, the company completed an initial public offering (IPO) on the BSE SME platform in July 2025, raising approximately INR 14.07 crore to fund capital expenditure and working capital requirements. Swastika Castal Ltd has deployed these proceeds to expand its Karjan manufacturing plant, construct new production facilities, install in-house multi-axis CNC machining centers to transition away from outsourced machining, and double its helium leak testing capacity to address rising production volumes in high-voltage electrical switchgear components.