The Swashthik Plascon IPO started on November 24, 2023, and ended on November 29, 2023. Shares were allocated on December 4, 2023, and refund processes began on December 5, 2023. On December 6, 2023, the shares were credited to investors demat accounts. Swashthik Plascon was officially listed on the stock exchange on December 7, 2023.
During the IPO, Swashthik Plascon offered shares at a price range of ₹80 to ₹86 per share, and the lot size was 1600 shares. The total issue size was ₹ crores, with ₹ crores from new shares and ₹ crores from shares for sale. The IPO was listed on the BSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
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Swashthik Plascon IPO Subscription Status
The Swashthik Plascon IPO on November 29, 2023 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, the 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 Basic Details
| Company Name | Swashthik Plascon Limited |
| Domain of Company | Manufacturing Bottles |
| Swashthik Plascon IPO Open Date | November 24, 2023 |
| Swashthik Plascon IPO Close Date | November 27, 2023 |
| Swashthik Plascon IPO Allotment Date | December 4, 2023 |
| Swashthik Plascon IPO Listing Date | 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 |
| 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 |
About Swashthik Plascon Limited
Swasthik Plascon, established in June 2006, specializes in making PET bottles and preforms. They create bottles for things like medicines, alcohol, everyday items, household cleaners, and bug repellents. Additionally, they produce preforms for soft drinks, drinking water, and juices.
To ensure quality, the company has a lab with testing tools. They thoroughly check their products to make sure they meet the necessary standards. Swasthik Plascon’s in-house testing team keeps an eye on the quality, safety, and packaging of the bottles and preforms.
As of March 31, 2023, the company’s total income was Rs. 4,589.10 Lakhs, and the restated profit after tax was Rs. 302.19 Lakhs.
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Swashthik Plascon IPO FAQs
What is the start and end date of Swashthik Plascon IPO Subscription?
The Swashthik Plascon IPO started on November 24, 2023, and ended on November 29, 2023.
When does Swashthik Plascon IPO Subscription open?
The Swashthik Plascon IPO open on November 24, 2023.
When does Swashthik Plascon IPO Subscription close?
The Swashthik Plascon IPO Close on November 29, 2023.
What is the allotment date of Swashthik Plascon IPO?
The allotment date for Swashthik Plascon IPO is December 4, 2023.
When is the initial refund date of Swashthik Plascon IPO?
The initial Refund date for Swashthik Plascon IPO is December 5, 2023.
When were the shares credited to investors demat accounts for the Swashthik Plascon IPO?
The shares for the Swashthik Plascon IPO were credited to investors demat accounts on December 6, 2023.
When will Swashthik Plascon IPO be listed on the stock market?
Swashthik Plascon IPO stock market will be listed on December 7, 2023 at 10 am.
What was the price range of the Swashthik Plascon IPO shares?
The Swashthik Plascon IPO shares were offered at a price range of ₹80 to ₹86 per share.
What was the lot size for the Swashthik Plascon IPO shares?
The lot size for the Swashthik Plascon IPO shares was 1600 shares.
What was the total issue size of the Swashthik Plascon IPO?
The total issue size of the Swashthik Plascon IPO was ₹40.76 crores.
How were the shares allocated among different types of investors for the Swashthik Plascon IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Swashthik Plascon IPO listed?
The Swashthik Plascon IPO was listed on the BSE SME.
What is the Swashthik Plascon IPO Subscription Status?
Swashthik Plascon IPO is subscribed 15.43 Times.
