Swasthik Plascon Limited is mainly engaged in the business of manufacturing of a wide range 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.
Company’s production plants are certified according to the ISO 9001 Quality management system. The company also follow Food safety management system, Occupational health and safety protection management system, Energy management system for primary packaging materials for medicinal products.
Swashthik Plascon IPO – Details
| IPO Opening Date | 24 November 2023 |
| IPO Closing Date | 29 November 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 47,40,000 Shares Worth ₹40.76 Crore Fresh Issue: 47,40,000 Shares Worth ₹40.76 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹80 – ₹86 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Swashthik Plascon IPO – Date Schedule
| IPO Open Date | 24 November 2023 |
| IPO Close Date | 29 November 2023 |
| Basis of Allotment | 04 December 2023 |
| Initiation of Refund | 05 December 2023 |
| Credit of Shares to Demat Account | 06 December 2023 |
| IPO Listing Date | 07 December 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Nov 29, 2023 |
Swashthik Plascon IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,37,600 |
| Retail (Maximum) | 1 | 1600 | 1,37,600 |
| HNI (Minimum) | 2 | 3200 | 2,75,200 |
Competitive Strengths
- 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.
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
- Mrs. D Anita
Object Of The Issue
- Funding capital expenditure for developing new manufacturing facilities and installation of Plant and Machinery.
- Funding of capital expenditure requirements of the Company towards purchase of Solar Power Plant.
- Purchase of Plant and Machinery at the existing Manufacturing facility.
- Funding Working Capital Requirements of the Company.
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 35.34 | 35.14 | 0.07 | 15.15 |
| 31 March 2022 | 49.86 | 49.63 | 0.13 | 14.95 |
| 31 March 2023 | 45.89 | 42.42 | 3.02 | 15.89 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 17.23 |
| Debt/Equity | 0.79 |
| EPS (Rs) | 4.99 |
| RoNW | 14.95 |
Swashthik Plascon IPO Promoter Holding
| Pre Issue Share Holding | 60.00% |
| Post Issue Share Holding | – |
Swashthik Plascon IPO Prospectus
- Swashthik Plascon IPO DRHP
- Swashthik Plascon IPO RHP
Company Contact Information
| Swashthik Plascon Limited No. A75 – A76, PIPDIC Electronic Park Thirubuvanai, Mannadipet Commune, Pondicherry – 605107 Phone: (0413)-2640955 Email: investors@swashthikplascon.com Website: http://www.swashthikplascon.com/ |
Swashthik Plascon IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Swashthik Plascon IPO Lead Manager(s)
| 1. Shreni Shares Private Limited |
Swashthik Plascon IPO FAQs
| What is Swashthik Plascon IPO? Swashthik Plascon IPO is a SME IPO. The issue is priced at ₹80 – ₹86 per equity share. The IPO is to be listed on BSE SME. |
| When Swashthik Plascon IPO will open? The IPO is to open on 24 November 2023 for QIB – 35%, NII – 15% and Retail – 35% Investors. |
| How to Swashthik Plascon IPO? You can apply Swashthik Plascon IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Swashthik Plascon IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Swashthik Plascon”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Swashthik Plascon IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Swashthik Plascon”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Swashthik Plascon IPO Size? Swashthik Plascon IPO size is ₹40.76 crores. |
| What is Swashthik Plascon IPO Price Band? Swashthik Plascon IPO Price Band is ₹80 – ₹86. |
| What is Swashthik Plascon IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,37,600 amount while the maximum bid is 1600 shares with ₹1,37,600. |
| What is the Swashthik Plascon IPO Allotment Date? Swashthik Plascon IPO allotment date is 04 December 2023. |
| What is the Swashthik Plascon IPO Listing Date? Swashthik Plascon IPO listing date is 07 December 2023. The IPO is to list on BSE SME. |
