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Swashthik Plascon SME IPO Details 2023

SME IPO Status: Listed [24th Nov 2023 to 29th Nov 2023]

Rated 3/5 by Team InvestorGain
Swashthik Plascon SME IPO Detail

Swashthik Plascon Limited is going to launch its SME IPO on the NSE Emerge platform. The total issue size of this IPO is Rs 40.76 Cr which is a 100% fresh issue. The face value of each share is Rs 10. This SME IPO is opening from 24 Nov to 29 Nov 2023. To apply in this IPO application you have to buy at least one lot of 1600 shares or its multiple at the price band of Rs 80 to Rs 86 per shere.

Keep visiting this website to get the latest details of Swashthik Plascon Limited IPO, including company overview, financials, live subscription, allotment, GMP and more.

Swashthik Plascon SME IPO Details

SME IPO Issue Opening Date: 24th Nov 2023
SME IPO Issue Closing Date: 29th Nov 2023
SME IPO Issue Price: ₹80.00-86.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE SME
Retail Quota: Not less than 35% of the Net Issue
SME IPO Issue Type: Book Build Issue
SME IPO Issue Size: ₹40.76 Cr
Fresh Issue: ₹40.76 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 60.00%
Promoter Holding Post IPO: 43.81%
Allotment Status: Allotment Status
BSE Code: 544035

Swashthik Plascon SME IPO Important Dates

Get important updates regarding Swashthik Plascon SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Swashthik Plascon SME IPO dates
SME IPO Activity Date
Basis of Allotment Date* 4th Dec 2023
Refunds Initiation* 5th Dec 2023
Credit of Shares to Demat* 5th Dec 2023
SME IPO Listing Date* 5th Dec 2023

* - Tentative Dates

Swashthik Plascon SME IPO Lots

SME IPO Activity Date
Issue Price ₹80.00-86.00
Market Lot: 1600 Shares
1 Lot Amount: ₹137600
Min HNI Lots: 3200 shares (2 lots)

Swashthik Plascon IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
05-12-202386.001518200₹101 (17.44%)5-Dec-2023 9:30
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Swashthik Plascon

Swashthik Plascon Limited was established in 2006 and is primarily engaged in manufacturing a wide range of PET bottles and PET preforms including PET bottles for pharmaceutical applications, liquor applications, FMCG packaging, household applications, packaging for dishwashing detergents, insect repellent dispensers etc. as well as PET preforms for soft drink bottles, packaged drinking water bottles and juice bottles. 

The company manufactures bottles and performs in continuous injection moulding machines with advanced technology, using 100% virgin, food-grade material. Production takes place in a closed, dust-tight environment with regular quality controls. The products are packed in CFC trays with POF shrink wrap and then carefully packed in corrugated cardboard boxes. A general colour migration test, heavy metal tests and analysis are conducted to ensure that we deliver the best quality end products to our valued customers.

The company also has a well-equipped quality control laboratory with in-house testing equipment to test the capacity and quality of our products. Our end products are subjected to stringent quality control to ensure that they are of the required quality as per the set standards. Our in-house testing team regulates and monitors the quality, safety and packaging of bottles and preforms.

Swashthik Plascon SME IPO Strengths

  • Increased efficiency & decreased cost
  • Positive interaction
  • Extensive industry knowledge – commercial & technical
  • Experienced Management
  • Success of other Group companies
Incorporation Sector IPO Issue Size Website
2006 Plastic ₹40.76 Cr https://swashthikplascon.com/

Swashthik Plascon SME IPO Objective

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  • 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

Our experts can help you prepare for SME IPO

Swashthik Plascon SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 900,800 Shares
  • Non-Institutional Investors: 675,200 Shares
  • Retail Individual Investor: 1,576,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered900,800 (28.58%)675,200 (21.42%)1,576,000 (50%)3,152,000
124th Nov 2023 19:040.00x0.47x0.74x0.47x
228th Nov 2023 19:040.00x1.25x3.12x1.83x
329th Nov 2023 19:043.42x35.76x13.58x15.43x

Swashthik Plascon Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202331 Mar 2023
Assets11,416.0911,076.25
Revenue6,973.654,589.10
Profit After Tax528.48302.19
Net Worth2,564.072,037.09
Reserves and Surplus1,281.59754.61
Total Borrowing6,231.665,879.54
Amount in ₹ Lakhs

Swashthik Plascon SME IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Swashthik Plascon Limited4.994.9915.7617.2314.95
Technopak Polymers Limited5.431.6517.2113.86Standalone

Company Address

Swashthik Plascon Limited
No. A75 - A76, PIPDIC Electronic Park,
Thirubuvanai, Mannadipet Commune,
Puducherry,Pondicherry-605 107
India
Website: https://swashthikplascon.com/
Phone: (0413)-2640955
Email: [email protected]

Swashthik Plascon SME IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]

Swashthik Plascon SME IPO Lead Manager

Swashthik Plascon SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Swashthik Plascon? Should I apply in Swashthik Plascon SME IPO?

Last Updated on 09-Dec-2023 06:02:46

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Swashthik Plascon SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Swashthik Plascon SME IPO with Zerodha.

Alternate approch to apply in Swashthik Plascon SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Swashthik Plascon SME IPO Review and Important Updates

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Apply in Swashthik Plascon SME IPO online

To subscribe or apply in Swashthik Plascon SME IPO, you can use the following methods:

MethodDetails
Swashthik Plascon SME IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Swashthik Plascon SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Swashthik Plascon SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Swashthik Plascon SME IPO. Most of the Syndicate Banks provide access to apply in Swashthik Plascon IPO via ASBA process. You must have your net banking access, DP ID information to apply in Swashthik Plascon SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Swashthik Plascon SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Swashthik Plascon SME IPO Review and Important Updates

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Swashthik Plascon SME IPO Application is not yet available.

 

Swashthik Plascon SME IPO is going to be list on 05-12-2023. BSE Code for Swashthik Plascon is 544035.

Other relevant questions:

When Swashthik Plascon SME IPO will be listing? Swashthik Plascon SME IPO BSE listing date?Swashthik Plascon SME IPO date of listing

 

Swashthik Plascon SME IPO Allotment Date is 04-12-2023.

Other relevant questions:

Swashthik Plascon SME IPO share allotment date?Swashthik Plascon SME IPO allotment date?

 


User Reviews

4. Sachdev Jay Hareshbhai Nov 19 2023 03:02:54 AM Reply
Swashthik Plascon SME IPO expected listing gain.
3. Sachdev Jay Hareshbhai Nov 19 2023 03:02:54 AM Reply
Please confirm Swashthik Plascon SME IPO GMP (grey market premium) and kostak.
2. Venkateswarlu Anchula Nov 19 2023 03:02:54 AM Reply
Swashthik Plascon SME IPO good or bad.
1. Navin Pratap Yadav Nov 19 2023 03:02:54 AM Reply
Swashthik Plascon SME IPO whether to invest or not.