Swashthik Plascon IPO Details ( Swashthik Plascon Limited IPO Review )
(24 Nov 2023 – 29 Nov 2023)
Swasthik Plascon, established in June 2006, specializes in making PET bottles and preforms. They create bottles for different uses like medicine, alcohol, household items, and more. Additionally, they produce preforms for soft drinks, bottled water, and juices.
To ensure quality, the company has a lab with testing equipment. They thoroughly check their products to meet the necessary standards. The in-house testing team oversees the quality, safety, and packaging of the bottles and preforms.
As of March 31, 2023, the company’s total income and profit after tax were Rs. 4,589.10 Lakhs and Rs. 302.19 Lakhs, respectively.
Swashthik Plascon Limited Company Product
- Pet Bottles
- Pet Preforms
Swashthik Plascon Limited IPO Competitive Strength
- Experienced management & work force
- Focus on Quality and Safety
- Cost Leadership and time bound execution
- Existing relationship with the clients
- Cordial relationship between management and labour
Swashthik Plascon IPO Financials Performance ( Results )
Swashthik Plascon Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 2,820.71 | 3,533.97 | 6.91 | 0.12 | 618.52 | 10.31 | 18.52 | 1,515.58 |
| 31-Mar-22 | 2,737.34 | 4,986.51 | 13.01 | 0.22 | 631.53 | 10.53 | 31.53 | 1,495.61 |
| 31-Mar-23 | 4,908.15 | 4,589.10 | 302.19 | 4.99 | 2,021.55 | 15.76 | 739.07 | 1,589.59 |
| 30-Sep-23 | 5,414.90 | 2,377.08 | 382.38 | 2.98 | 2,403.93 | 18.74 | 1,121.45 | 1,689.51 |
Objective of Swashthik Plascon IPO Issue
- 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 IPO Basic Details
| IPO Date | Nov 24, 2023 to Nov 29, 2023 |
| Listing Date | Friday, December 7, 2023 |
| Face Value | ₹10 per share |
| Price | ₹80 to ₹86 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,739,200 shares of ₹10 (aggregating up to ₹40.76 Cr) |
| Fresh Issue | 4,739,200 shares of ₹10 (aggregating up to ₹40.76 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 12,824,795 |
| Share holding post issue | 17,563,995 |
| Company Promoters | 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 Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Swashthik Plascon IPO Timetable
Swashthik IPO will open on November 24, 2023 and close on November 29, 2023. You can join Swashthik IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 24 November 2023 (Friday) |
| Closing Date | 29 November 2023 (Wednesday) |
| Basis of Allotment | 4 December 2023 (Monday) |
| Initiation of Refunds | 5 December 2023 (Tuesday) |
| Credit of Shares to Demat | 6 December 2023 (Wednesday) |
| Listing Date | 7 December 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 29 November 2023 |
Swashthik IPO Lot Size
For retail investors in Swashthik IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹137,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹137,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹137,600 |
| Retail (Max) | 1 | 1600 | ₹137,600 |
| S-HNI (Min) | 2 | 3200 | ₹275,200 |
Swashthik Plascon IPO Promoter Holding
The company’s promoters include 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.
| Pre Issue Share Holding | 60.00% |
| Post Issue Share Holding | 43.81% |
Swashthik Plascon Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 69.74 |
| Earning Per Share (EPS) | ₹4.99 per Equity Share |
| Net Asset Value (NAV) | ₹15.76 per Equity Share |
| P/E Ratio (P/E) (x) | 17.23 |
| Post P/E Ratio (P/E) (x) | 19.77 |
| Return on Net Worth (RoNW) (%) | 14.95 |
| Return on equity (ROE) (%) | |
| Return on Capital Employed (ROCE) (%) | |
| Debt/Equity Ratio | 0.79 |
Swashthik Plascon Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Swashtik Plascon Limited | Standalone | 86 | 10 | 4.99 | 19.77 | 14.95 | 15.76 |
| Peer Group | |||||||
| Technopack Polymers Limited | Standalone | 85.90 | 10 | 5.40 | 15.91 | 13.86 | 31.65 |
Swashthik Plascon IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹12 | – | – |
| 1 December 2023 | ₹12 | – | – |
| 30 November 2023 | ₹7 | – | – |
| 29 November 2023 | ₹7 | – | – |
| 28 November 2023 | ₹7 | – | – |
| 27 November 2023 | ₹7 | – | – |
| 26 November 2023 | ₹7 | – | – |
| 25 November 2023 | ₹7 | – | – |
| 24 November 2023 | ₹7 | – | – |
| 23 November 2023 | ₹7 | – | – |
Swashthik Plascon IPO Detail Video:
Swashthik Plascon IPO Subscription Status (Bidding Detail)
The Swashthik Plascon IPO on November 29, 2023 at 7:30:00 PM was subscribed 15.43 times, with the retail category being subscribed 13.58 times, the NII (Non-Institutional Investor) category being subscribed 35.76 times, QIB (Qualified-Institutional Buyers) category being subscribed 3.42 times.
| Category | Subscription |
| QIB | 3.42x |
| NII | 35.76x |
| Retail | 13.58x |
| Total | 15.43x |
Swashthik Plascon IPO Prospectus
| Swashthik Plascon IPO DRHP | Download |
| Swashthik Plascon IPO RHP | Download |
| Swashthik Plascon IPO Anchor Investors Details PDF | Download |
Swashthik Plascon IPO Rating
| Our Rating | 3.0/5.0 |
Swashthik Plascon Company Contact Information
Swashthik Plascon Limited
Registered Office: A75 – A76, PIPDIC Electronic Park, Thirubuvanai, Mannadipet Commune, Puducherry – 605107, Pondicherry, India;
Tel. No.: (0413)-2640955
Email: investors@swashthikplascon.com
Website: www.swashthikplascon.com
Contact Person: Mr. Madras Uthandavelu Ravi Kumar, Company Secretary and Compliance Officer
The Promoters of Our Company Are 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 Registrar
Bigshare Services Private Limited
Registered Office: Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali CavesRoad, Andheri East,
Mumbai – 400 093, Maharashtra, India
Tel: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Investor grievance e-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C
SEBI Registration No.: INR000001385
Swashthik Plascon IPO Lead Manager
Shreni Shares Limited
Registered Office: A/007, Western Edge – II, Kanakia Space, Behind Metro Mall,
off Western Express Highway, Magathane, Boriwali East,
Mumbai – 400066, Maharashtra, India.
Telephone: 022 2089 7022
E-mail: shrenishares@gmail.com
Investors Grievance e-mail: info@shreni.in
Contact Person: Mr. Parth Shah
Website: www.shreni.in
SEBI Registration Number: INM000012759
Swashthik Plascon IPO FAQs
What is the lot size of Swashthik Plascon IPO?
The total size of Swashthik Plascon IPO is ₹40.76 crores and this is a complete fresh Issue.
When will Swashthik Plascon IPO start?
Swashthik Plascon IPO will open from 24 November 2023 and IPO will close on 29 November 2023.
What is the open date of Swashthik Plascon IPO?
Swashthik Plascon IPO will open date from 24 November 2023.
What is the last date ( close date ) of Swashthik Plascon IPO?
Swashthik Plascon IPO will close from 29 November 2023.
What is the price band of Swashthik Plascon IPO?
Swashthik Plascon IPO price band is ₹80 to ₹86. ( Upper Price Band: ₹86, Lower Price Band: ₹80 )
What is the minimum amount required to apply for Swashthik Plascon IPO?
The minimum investment for retailers to apply for Swashthik Plascon IPO is ₹137,600 and the maximum investment is ₹137,600.
What is going on gray market premium of Swashthik Plascon IPO?
View gray market premium of Swashthik Plascon IPO by Clicking Here
How much is the GMP of Swashthik Plascon IPO?
Watch Swashthik Plascon IPO GMP Today: Click Here
What is the allotment date of Swashthik Plascon IPO?
The allotment date of Swashthik Plascon IPO is 4 December 2023.
How to check allotment status in Swashthik Plascon IPO?
To check the allotment status of Swashthik Plascon IPO, first of all go to the registrar website by clicking here, select your bad Swashthik Plascon IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Swashthik Plascon IPO?
The listing date of Swashthik Plascon IPO is 7 December 2023.
How much will be the listing gain in Swashthik Plascon IPO?
View listing gain of Swashthik Plascon IPO by Clicking Here
How much time Swashthik Plascon IPO is subscribed?
Total 15.43 times subscribed in Swashthik Plascon IPO out of which 13.58 times subscription was done in retail quota, 35.76 times subscription in NII quota and 3.42 times subscription in QIB quota.
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How to apply for Swashthik Plascon PO from Zerodha?
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How to apply for Swashthik Plascon IPO from Angle One?
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