New Delhi, July 28 (HS): The shares of Swastika Castal had a lackluster debut on the stock market, with only a minor increase from the IPO price of ₹65 to ₹67, reflecting a 3.08% premium. Despite the listing on the BSE’s SME platform, trading activity remained subdued, with shares unchanged at ₹67 by 10:15 AM. The ₹14.07 crore IPO ran from July 21 to 23 and garnered an average subscription of 5.08 times, with retail investors subscribing 7.75 times. A total of 21.64 lakh shares with a face value of ₹10 were issued.
Hindusthan Samachar / Jun Sarkar
