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Open
24 Nov 2023
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Close
29 Nov 2023
3
Allotment
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Listing
Tue, Dec 5, 2023
Price Band
₹80 to ₹86
Issue Size
47,39,200 shares (agg. up to ₹41 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Dec 5, 2023
Latest GMP
₹15
Est. Gain
17.44%
✦ AI Insight
GMP Trend
05-12-2023₹15Est. ₹101+17.44%
04-12-2023₹12Est. ₹98+13.95%
03-12-2023₹12Est. ₹98+13.95%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 11.08x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 114.16 | 110.76 |
| Total Income | 69.74 | 45.89 |
| Profit After Tax | 5.28 | 3.02 |
| NET Worth | 25.64 | 20.37 |
| Reserves and Surplus | 12.82 | 7.55 |
| Total Borrowing | 62.32 | 58.80 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Master Components Ltd. | SME | ₹15.43 Cr | ₹140 | 27.09 | ₹140.20 | +0.14% | ₹466.95 (+2.68%) |
| Shri Techtex Ltd. | SME | ₹45.14 Cr | ₹61 | 16.71 | ₹85.20 | +39.67% | ₹61.40 (-0.08%) |
| Kaka Industries Ltd. | SME | ₹21.23 Cr | ₹58 | 11.03 | ₹115.71 | +99.50% | ₹221.35 (+1.77%) |
| Command Polymers Ltd. | SME | ₹7.09 Cr | ₹28 | 121.74 | ₹26.50 | -5.36% | ₹23.00 (-4.17%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for developing new manufacturing facilities and installation of Plant and Machinery | 14.48 |
| 2 | Funding of capital expenditure requirements of our Company towards Set up of Solar Power Plant; | 10.40 |
| 3 | Purchase of Plant and Machinery at our existing Manufacturing facility; | 1.04 |
| 4 | Funding Working Capital Requirements of our Company; | 10.44 |
| 5 | General corporate purposes | 0.12 |
About Swashthik Plascon IPO
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.+ Read More
Contact Details
Swashthik Plascon Ltd. AddressNo.A75-A76, PIPDIC Electronic ParkThirubuvanaiMannadipet CommunePuducherry, Puducherry, 605107(0413)-2640955investors@swashthikplascon.comVisit Website