Swashthik Plascon Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Nov 2023

Close Date

29 Nov 2023

Allotment

04 Dec 2023

Listing Date

05 Dec 2023

Exchange

BSE SME

Price Band

₹86

Listing Price

See chart

Allotment Status

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Price Band

₹86

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

47,39,200 shares (aggregating up to ₹40.76 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹137,600

1 lot

Pre-IPO Holding

1,28,24,795 shares

Promoters

Post-IPO Holding

1,75,63,995 shares

Promoters

P/E (Pre)

17.23x

P/E (Post)

14.29x

EPS (Pre)

₹4.99

UPI Deadline

2023-11-29

Mandate

Anchor AllotmentThu, 23 Nov 2023

Basis of AllotmentMon, 04 Dec 2023

Refund InitiationTue, 05 Dec 2023

Demat CreditTue, 05 Dec 2023

Listing DayTue, 05 Dec 2023

UPI Mandate Deadline2023-11-29

Sale TypeFresh Capital

Net Offer to Public45,00,800 shares (aggregating up to ₹38.71 Cr)

Market Maker Quota2,38,400 shares (aggregating up to ₹2.05 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Swashthik Plascon Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Nov 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	238,400	—	₹2.05
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,739,200	100%	₹40.76

IPO Shares Offered

Swashthik Plascon Ltd IPO total issue size: ₹40.76 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	238,400	₹2.05	5.03%
Total	4,739,200	₹40.76	100.00%

* Based on upper price band ₹86 per share

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹86.00

Upper Band

Min Investment

₹137,600

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹275,200
Retail (Max — 13 Lots)	13	20,800	₹1,788,800
S-HNI (Min — 14 Lots)	14	22,400	₹1,926,400
B-HNI (Min — 68 Lots)	68	108,800	₹9,356,800

* Issue Price ₹86 × Lot Size 1,600 shares

IPO Schedule

Anchor

23 Nov 2023

✓ Done

IPO Open

24 Nov 2023

✓ Done

IPO Close

29 Nov 2023

✓ Done

Allotment

04 Dec 2023

✓ Done

Refunds

05 Dec 2023

✓ Done

Demat Credit

05 Dec 2023

✓ Done

Listing Day

05 Dec 2023

✓ Done

₹86.00

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Issue ₹86.00 Live Price

About Swashthik Plascon Ltd

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.

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

Swashthik Plascon Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

N/A

FY 2022-23

₹4,589.1

31 Mar 2023

₹6,973.7

30 Sep 2023

Profit After Tax (PAT)

N/A

FY 2022-23

₹302.2

31 Mar 2023

₹528.5

30 Sep 2023

Particulars	30 Sep 2023	31 Mar 2023	FY 2022-23
Revenue from Operations	6973.65	4589.10	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	528.48	302.19	N/A
Net Worth	2037.09	2037.09	N/A
Total Assets	11416.09	11076.25	N/A
Reserves & Surplus	1281.59	754.61	N/A
Borrowings	6231.66	5879.54	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

22.78%

RoCE

17.30%

RoNW

14.95%

Debt/Equity

2.89

Issue Structure & Shareholding

Total Shares Offered47,39,200 (100.00%)

Net Offer to Public45,00,800 shares (aggregating up to ₹38.71 Cr)

Reserved for Market Maker2,38,400 shares (aggregating up to ₹2.05 Cr)

Pre-Issue Promoter Holding1,28,24,795 shares

Post-Issue Promoter Holding1,75,63,995 shares

P/BV RatioN/A

RoE22.78%

RoCE17.30%

Debt / Equity2.89

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Shreni Shares Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Swashthik Plascon Ltd IPO subscribed? ▲

Swashthik Plascon Ltd IPO is subscribed 1.00 times by Nov 29, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Swashthik Plascon Ltd IPO retail subscription status? ▼

The Swashthik Plascon Ltd IPO retail category is subscribed 1.00 times as of 29 Nov 2023. The retail portion is oversubscribed.

How to subscribe Swashthik Plascon Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Nov 2023 and closes 29 Nov 2023. Min investment: ₹137,600 (1 lot = 1,600 shares). UPI mandate: 2023-11-29.

How many times Swashthik Plascon Ltd IPO subscribed? ▼

The Swashthik Plascon Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Swashthik Plascon Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Dec 2023. Refunds: on 05 Dec 2023.

When Swashthik Plascon Ltd IPO will be listed? ▼

The Swashthik Plascon Ltd IPO listing date is 05 Dec 2023, Tuesday. Listed on: BSE SME. Issue price: ₹86. Estimated listing: ₹86. GMP: NIL.

When Swashthik Plascon Ltd IPO close? ▼

The Swashthik Plascon Ltd IPO closes on 29 Nov 2023, Wednesday. UPI mandate: 2023-11-29. Allotment: 04 Dec 2023. Listing: 05 Dec 2023.

Quick Actions

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Live Price LIVE

Last Price₹86.00

Change—

Issue Price₹86.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹86

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹137,600

GMPNIL

Est. Listing₹86

Subscribed1.00x

Open Date24 Nov 2023

Close Date29 Nov 2023

Allotment04 Dec 2023

Listing Date05 Dec 2023

ExchangeBSE SME

UPI Deadline2023-11-29