Swashthik Plascon IPO GMP, Review, Price, Allotment


Last updated on December 5, 2023

Swashthik Plascon IPO GMP

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.

Swashthik Plascon IPO

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

Swashthik Plascon IPO Details

Swashthik Plascon IPO Dates24 – 29 November 2023
Swashthik Plascon Issue PriceINR 80 – 86 per share
Fresh issue47,39,200 shares (INR 37.91 – 40.76 crore)
Offer For SaleNil
Total IPO size47,39,200 shares (INR 37.91 – 40.76 crore)
Minimum bid (lot size)1,600 shares (INR 137,600)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE SME

Swashthik Plascon Financial Performance

 FY 2023H1 FY 2024
Net income302.19528.48
Figures in INR Lakhs unless specified otherwise

Swashthik Plascon Offer News

Swashthik Plascon Valuations & Margins

FY 2023
PE ratio16.03 – 17.23
RONW (%)14.83
EBITDA (%)*12.99
Debt/Equity 2.89
*Compiled by IPO Central from Prospectus
* Standalone data

Swashthik Plascon IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
4 December 20231012,000
2 December 202388,500
30 November 202388,500
29 November 202388,500
28 November 202388,500
27 November 202388,500
25 November 202388,000
24 November 202388,000
23 November 202388,000
22 November 2023109,000

Swashthik Plascon IPO Subscription – Live Updates

Shares Offered900,800913,6001,576,0003,390,400
29 Nov 20233.4226.6913.5714.41
28 Nov 20230.002.343.562.29
24 Nov 20230.000.350.740.44

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 Date24 November 2023
IPO Closing Date29 November 2023
Finalization of Basis of Allotment1 December 2023
Initiation of refunds4 December 2023
Transfer of shares to demat accounts5 December 2023
IPO Listing Date5 December 2023
Opening Price on BSE SMEINR 120.10 per share (up 39.65%)
Closing Price on BSE SMEINR 126.10 per share (up 46.63%)

Swashthik Plascon Offer Lead Manager

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[email protected]
Website: www.shreni.in

Swashthik Plascon Offer Registrar

S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

Swashthik Plascon IPO Contact Details

A75 – A76, PIPDIC Electronic Park, Thirubuvanai,
Mannadipet Commune, Puducherry – 605107, Pondicherry, India
Phone: (0413)-2640955
E-mail: [email protected]
Website: www.swashthikplascon.com


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.


Please enter your comment!
Please enter your name here