Swashthik Plascon Ltd IPO

Swashthik Plascon Ltd IPO

Plastic products

sme

Bidding period

24 Nov 2023 - 29 Nov 2023

Bid price

₹86.00 - ₹86.00

Listing on

BSE-SME

Listing date

05 Dec 2023

Lot size

1600 shares

Issue size

₹40.76 crore


Minimum investment

₹1,37,600.00 / 2 lot

Maximum investment

₹1,37,600.00 / 1 lot

Bidding closed on 29 Nov 2023

Open Demat Account
Open Demat Account

Swashthik Plascon Ltd IPO dates

IPO opening date

24 Nov 2023

IPO end date

29 Nov 2023

Allotment date

04 Dec 2023

Initiation of refunds

05 Dec 2023

Credit of shares to demat

06 Dec 2023

IPO listing date

05 Dec 2023

Swashthik Plascon Ltd IPO financials

Particulars

For the period ending in March 2024 (in ₹ million)

Total assets ₹149.30
Total liabilities ₹149.30
Total expenditure ₹123.88
Total revenue ₹134.86
Profit after tax ₹7.53
EBITDA ₹18.15
Adjusted EBITDA ₹0.00

Swashthik Plascon Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 60.0 43.81
Public group 40.0 56.19

Swashthik Plascon Ltd strengths and risks

Information currently unavailable

  • 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.

  • The Company, its Promoters, its Directors and its Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, result of operations and financial conditions.

  • Its success mainly depends on sectors specific to PET bottle industry in which the company cater to and therefore as a result its may be affected by any disruptions in the industry. Any failure on its part to do so, may have an impact on the reputation of its products, which could have an adverse effect on the company revenue, reputation, financial conditions, results of operations and cash flows.

  • Concerns over Plastic Ban and Environment for packaged water bottles.

  • Its third-party suppliers, on whom its relies for the raw material, may fail to deliver raw material of sufficient quality or in a timely manner, which could adversely affect its reputation, net sales and profitability.

  • Changes in technology may render its current technologies obsolete or require the company to make substantial capital investments.

  • The industry in which its operate, requires labour/ manpower and the company operations may be materially adversely affected by strikes, work stoppages or increased wage demands by its employees or any other kind of disputes with the company employees.

  • The company does not have any documents evidencing certain information included in the Director biographies for some of its Directors under the section "Its Management" of this Draft Red Herring Prospectus.

  • The company face competition in its business from organized and unorganized players, which may adversely affect its business operation and financial condition.

  • The company is dependent on third party transportation providers for the delivery of its raw material and Finished products. Accordingly, continuing increases in transportation costs or unavailability of transportation services for them, as well the extent and reliability of Indian infrastructure may have an adverse effect on its business, financial condition, results of operations and prospects.

  • There have been some instances of delays in the past with certain statutory authorities and non-compliances with certain provision of statutory regulations applicable to it. If the authorities impose monetary penalties on its or take certain punitive actions against the Company in relation to the same, its business, financial condition and results of operations could be adversely affected.

How to check the allotment status of the Swashthik Plascon Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Swashthik Plascon Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

Read more Read less

Swashthik Plascon Ltd IPO registrar

Bigshare Services Pvt Ltd

Phone number 022 - 6263 8200
E-mail ID ipo@bigshareonline.com
Website www.bigshareonline.com

Swashthik Plascon Ltd IPO reservation

QIB shares offered

9,00,800 (19.01%)

NII (HNI) shares offered

6,75,200 (14.25%)

Retail shares offered

15,76,000 (33.25%)

Anchor investor shares offered

13,48,800 (28.46%)

Total shares offered

47,39,200

Total shares with anchor investor

47,39,200

Swashthik Plascon Ltd IPO lead manager

  • Shreni Shares Ltd

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
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Frequently asked questions

What is the listing date for the Swashthik Plascon Ltd IPO?

The listing date for the Swashthik Plascon Ltd IPO is 05 Dec 2023.

What is the issue size of Swashthik Plascon Ltd IPO?

The issue size of the Swashthik Plascon Ltd IPO is ₹40.76 cr.

What is the minimum lot size needed for Swashthik Plascon Ltd IPO?

The minimum lot size for Swashthik Plascon Ltd IPO is 1600

When does the Swashthik Plascon Ltd open and close?

Swashthik Plascon Ltd IPO is open from 24 Nov 2023 to 29 Nov 2023.

How can I apply for the Swashthik Plascon Ltd IPO?

To apply for the Swashthik Plascon Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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