Swashthik Plascon IPO description – Swashthik Plascon is engaged in the business of manufacturing a wide range of PET Bottles and PET Preforms which includes PET Bottles for Pharmaceutical applications, Liquor applications, FMCG Packaging, household applications, Dish wash liquid packaging, Repellent dispensers, etc and PET Preforms for Soft Drinks bottles, Packaged Drinking Water bottle and Juice bottles.
The company has a well-equipped quality control lab with in-house testing equipment to check the capacity and quality of the products. The finished products undergo strict quality checks to ensure that they are of the required quality as per the standards set. The company’s in-house testing team regulates and monitors the quality, safety, and packaging of Bottles and Preforms.
As of 31 March 2023, Swashthik Plascon’s Total Income and Restated Profit after tax were INR 45.89 crore, and INR 3.02 crore.
Promoters of Swashthik Plascon – Mr. Parasmal Mahendra Kumar, Mr. Parasmal Ravindra Kumar, Mr. Parasmal Dharmendra Kumar, Mr. Misrilal Parasmal, Mrs. P Umrao, Mrs. Mahendrakumar Nirmala, Mrs. R Asha Jain, and Mrs. D Anita
Table of Contents
Swashthik Plascon IPO Details
| Swashthik Plascon IPO Dates | 24 – 29 November 2023 |
| Swashthik Plascon Issue Price | INR 80 – 86 per share |
| Fresh issue | 47,39,200 shares (INR 37.91 – 40.76 crore) |
| Offer For Sale | Nil |
| Total IPO size | 47,39,200 shares (INR 37.91 – 40.76 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 137,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Swashthik Plascon Financial Performance
| Â | FY 2023 | H1 FY 2024 |
| Revenue | 4,561.81 | 6,623.12 |
| Expenses | 4,242.30 | 6,287.13 |
| Net income | 302.19 | 528.48 |
Swashthik Plascon Offer News
- Swashthik Plascon RHP
- Swashthik Plascon Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Swashthik Plascon Valuations & Margins
| FY 2023 | |
| EPS | 4.99 |
| PE ratio | 16.03 – 17.23 |
| RONW (%) | 14.83 |
| NAV | 15.88 |
| EBITDA (%)* | 12.99 |
| Debt/Equity | 2.89 |
* Standalone data
Swashthik Plascon IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 December 2023 | 10 | – | 12,000 |
| 2 December 2023 | 8 | – | 8,500 |
| 30 November 2023 | 8 | – | 8,500 |
| 29 November 2023 | 8 | – | 8,500 |
| 28 November 2023 | 8 | – | 8,500 |
| 27 November 2023 | 8 | – | 8,500 |
| 25 November 2023 | 8 | – | 8,000 |
| 24 November 2023 | 8 | – | 8,000 |
| 23 November 2023 | 8 | – | 8,000 |
| 22 November 2023 | 10 | – | 9,000 |
Swashthik Plascon IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 900,800 | 913,600 | 1,576,000 | 3,390,400 |
| 29 Nov 2023 | 3.42 | 26.69 | 13.57 | 14.41 |
| 28 Nov 2023 | 0.00 | 2.34 | 3.56 | 2.29 |
| 24 Nov 2023 | 0.00 | 0.35 | 0.74 | 0.44 |
Swashthik Plascon IPO Allotment Status
Swashthik Plascon IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Swashthik Plascon IPO Dates & Listing Performance
| IPO Opening Date | 24 November 2023 |
| IPO Closing Date | 29 November 2023 |
| Finalization of Basis of Allotment | 1 December 2023 |
| Initiation of refunds | 4 December 2023 |
| Transfer of shares to demat accounts | 5 December 2023 |
| IPO Listing Date | 5 December 2023 |
| Opening Price on BSE SME | INR 120.10 per share (up 39.65%) |
| Closing Price on BSE SME | INR 126.10 per share (up 46.63%) |
Swashthik Plascon Offer Lead Manager
SHRENI SHARES LIMITED
A/007, Western Edge – II, Kanakia Space,
Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066, Maharashtra
Phone: 022 2089 7022
Email:Â [email protected]
Website:Â www.shreni.in
Swashthik Plascon Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Swashthik Plascon IPO Contact Details
SWASHTHIK PLASCON LIMITED
A75 – A76, PIPDIC Electronic Park, Thirubuvanai,
Mannadipet Commune, Puducherry – 605107, Pondicherry, India
Phone: (0413)-2640955
E-mail: [email protected]
Website: www.swashthikplascon.com
IPO FAQs
What is the Swashthik Plascon offer size?
Swashthik Plascon offer size is INR 37.91 – 40.76 crores.
What is the Swashthik Plascon offer price band?
Swashthik Plascon public offer price is INR 80 – 86 per share.
What is the lot size of the Swashthik Plascon IPO?
Swashthik Plascon offer lot size is 1,600 shares.
What is Swashthik Plascon IPO GMP today?
Swashthik Plascon IPO GMP today is INR 10 per share.
What is the Swashthik Plascon kostak rate today?
Swashthik Plascon kostak rate today is NA per application.
What is Swashthik Plascon Subject to Sauda rate today?
Swashthik Plascon Subject to Sauda rate today is INR 12,000 per application.
