Swashthik Plascon IPO Details | GMP, Date, Price, Review

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