Swashthik Plascon Limited
IPO Details
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Swashthik Plascon Limited's completed its IPO journey with a successful listing on BSE on Dec 05, 2023. The public offering mobilized 47,40,000 Shares in total capital, comprising 47,40,000 Shares in fresh equity.
The offering was conducted within the price band of ₹80 to ₹86, with minimum application lots of 1600 shares. Investor participation during the Nov 24, 2023 to Nov 29, 2023 subscription window determined the final allocation pattern.
The basis of allotment was announced on Dec 01, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in June 2006, Swasthik Plascon specializes in manufacturing PET bottles and PET preforms used across pharmaceuticals, liquor, FMCG, household products, dishwashing liquids, repellents, soft drinks, packaged drinking water, and juice bottles. The company has a dedicated quality control lab with advanced testing equipment to ensure product strength, capacity, and safety, while its in-house testing team continuously monitors quality and packaging standards. As of March 31, 2023, Swasthik Plascon reported an income of Rs. 4,589.10 lakhs and a restated profit after tax of Rs. 302.19 lakhs.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Management & Skilled Workforce: Focus on quality, safety, cost efficiency, and timely execution while maintaining strong client relationships.
- Healthy Employer–Employee Relations: Cordial and cooperative relationship between management and labour.
NA
- 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.
Swashthik Plascon Limited
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