Swashthik Plascon Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,249,600 (47%) | — | ₹1,935 Cr |
| NII (HNI) | — | 675,200 (14%) | — | ₹581 Cr |
| Retail | — | 1,576,000 (33%) | — | ₹1,355 Cr |
| Market Maker | — | 238,400 (5%) | — | ₹21 Cr |
| Σ Total | — | 4,739,200 (100%) | — | ₹40,757 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹137,600 |
| Retail (Max) | 13 | 20,800 | ₹1,788,800 |
| S-HNI (Min) | 14 | 22,400 | ₹1,926,400 |
| B-HNI (Min) | 67 | 107,200 | ₹9,219,200 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 6,974 | 4,589 |
| Profit After Tax | 528 | 302 |
| Net Worth | 2,037 | 2,037 |
| Total Assets | 11,416 | 11,076 |
| Reserves & Surplus | 1,282 | 755 |
| Total Borrowing | 6,232 | 5,880 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the 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 –
Company Overview
Incorporated in June 2006, Swasthik Plascon Limited manufactures PET bottles and PET preforms.
The company manufactures PET bottles for pharmaceutical applications, spirits applications, FMCG packaging, household applications, packaging for washing-up liquids, insect repellent dispensers, etc. as well as PET preforms for mineral water segment, alcoholic and non-alcoholic beverages, glasses, edible oil segment, pharmaceutical bottles, liqueur bottles, Pril detergent bottles, PET closures.
The bottles and preforms are made from 100% fresh, food-grade material in continuous injection moulding machines.
Swasthik Plascon has three subsidiaries, namely, M/s Swashthik Preforms Pvt Ltd (a wholly owned subsidiary), M/s Swashthik Industries, and M/s Swashthik Poliemers (holding 99% partnership).
The company employs 60 permanent staff and over 35 contract workers in its production facilities.