Swashthik Plascon Limited IPO

BSE SME

Listed On: Dec 5, 2023 at ₹ 120.1

₹ 137600 /1600 Shares

Check Allotment

Swashthik Plascon Limited IPO Details

24 Nov, 2023

Open Date

29 Nov, 2023

Close Date

01 Dec, 2023

Allotment Date

05 Dec, 2023

Listing Date

Issue Price

₹80-86 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

120.1

Listing Date

2023-12-05

Market Lot

1600 Shares (₹137,600/-)

Lead Manager

Shreni Shares Private Limited

Issue Size

4,740,000 shares(aggregating up to ₹40.76 Cr)

Retail Portion

35%

Subscription

14.41 times

IPO Docs

DRHP RHP

Swashthik Plascon Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	900,800 / 675,200	1,576,000	3,152,000
Day 1 - 24-11-23 06:00 PM	0.00 / 0.47 x	0.74 x	0.47 x
Day 2 - 28-11-23 06:00 PM	0.00 / 1.25 x	3.12 x	1.83 x
Day 3 - 29-11-23 06:00 PM	3.42 / 26.69 x	13.58 x	14.41 x

Swashthik Plascon Limited Valuations

Earnings Per Share (EPS)

₹4.99/-

P/E Ratio

17.23

RoNW

14.95%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Swashthik Plascon Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Revenue	4,589.10	4,986.51	3,533.97
Profit After Tax	302.19	13.01	6.91

About The Company

Swasthik Plascon is a company that specializes in the production of PET bottles and PET preforms. They manufacture PET bottles for various applications such as pharmaceuticals, liquor, FMCG packaging, household, dishwashing liquids, repellent dispensers, etc. They also produce PET preforms for soft drink bottles, packaged drinking water bottles, and juice bottles.

The company has a quality control lab equipped with testing equipment to assess the capacity and quality of the products. The company conducts rigorous quality checks on their finished products to ensure that they meet the required standards. The company's in-house testing team supervises and monitors the quality, safety, and packaging of the bottles and preforms.

As of March 31, 2023, the Company's Total Income and Restated Profit after tax was Rs. 4,589.10 Lakhs and Rs. 302.19 Lakhs.

Swashthik Plascon Limited - Promoter(s)

Pre Issue Share Holding: 60%

Post Issue Share Holding: 43.81%

Company Promoter(s)

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 Limited IPO - Issue Objectives

Funding capital expenditure for developing new manufacturing facilities and installation of Plant and Machinery
Funding of capital expenditure requirements of the Company towards Set up of Solar Power Plant
Purchase of Plant and Machinery at the Existing Manufacturing Facility
Funding Working Capital Requirements of the Company
General corporate purposes

Swashthik Plascon Limited IPO - FAQs

Ans. Swashthik Plascon Limited IPO is a SME IPO. The issue is priced at ₹80-86 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Nov 24, 2023, and closes on Nov 29, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Swashthik Plascon Limited IPO opens on Nov 24, 2023 and closes on Nov 29, 2023.

Ans. The size of Swashthik Plascon Limited IPO is 4,740,000 shares(aggregating up to ₹40.76 Cr).

Ans. The IPO price band is set between ₹80-86 per equity share.

Ans. To apply for Swashthik Plascon Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Swashthik Plascon Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Swashthik Plascon Limited IPO is Dec 1, 2023.

Ans. The Swashthik Plascon Limited IPO will be listed on Dec 5, 2023.

Ans. Follow the steps to check the allotment status for Swashthik Plascon Limited IPO here.