Swashthik Plascon Limited IPO
BSE SMEListed On: Dec 5, 2023 at ₹ 120.1
₹ 275200 /3200 Shares
*Min Investment
24 Nov, 2023
Open Date29 Nov, 2023
Close Date01 Dec, 2023
Allotment Date05 Dec, 2023
Listing DateSwashthik Plascon Limited IPO Issue Details
- Issue Price ₹80-86 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,740,000 shares(aggregating up to ₹40.76 Cr)
- Listing at BSE SME
- List Price 120.1
- Listing Date 2023-12-05
- Lead Manager Shreni Shares Private Limited
- Registrar Bigshare Services Pvt Ltd
Swashthik Plascon Limited IPO Details
- Retail Portion 35%
Swashthik Plascon Limited IPO Details
Swashthik Plascon Limited IPO is an SME IPO, priced at ₹80-86 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Nov 24, 2023 to Nov 29, 2023. The allotment is expected to be finalized on Dec 1, 2023, and the tentative listing date is Dec 5, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Swashthik Plascon Limited IPO Subscription Analysis And 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
Swashthik Plascon Limited Company Financials
| 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 Swashthik Plascon Limited 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)
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%
Post Issue Share Holding : 43.81%
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Swashthik Plascon Limited IPO is 4,740,000 shares(aggregating up to ₹40.76 Cr).
Ans. The Swashthik Plascon Limited IPO price band is set between ₹80-86 per equity share.
Ans. To apply for Swashthik Plascon Limited 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 Swashthik Plascon Limited IPO allotment status online.
