Swashthik Plascon Limited

Swashthik Plascon Limited

Swashthik Plascon Limited
listed
₹1.28LMin. investment
  1. Bid start
    24 Nov
  2. Bid end
    29 Nov
  3. Allotment
    26 Nov
  4. Release of funds
    5 Dec
  5. Demat transfer
    4 Dec
  6. Listing
    5 Dec

About Swashthik Plascon Limited

Price range₹80.00 – ₹86.00
IPO type
SME
Lot size1600 shares
Issue size₹40.76Cr
RHP/DRHP
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About  Swashthik Plascon Limited

Incorporated in June 2006, Swashthik Plascon Limited engaged in the business of manufacturing of a wide range of PET Bottles and PET Preforms which includes PET Bottles for Pharmaceutical application, Liquor application, FMCG Packaging, House Hold applications, Dish wash liquid packaging, Repellent dispenser etc and PET Preforms for Soft Drinks bottles, Packaged Drinking Water bottle and Juice bottles.
The company manufactures Bottles and Preforms in Continuous Injection Stretch Moulding Machines with advanced Technology using 100% virgin food grade quality material. Production takes place in an enclosed dust proof environment with quality testing at regular intervals. The products are packed in CFC trays with POF shrink film & then carefully packed in corrugated boxes. Overall colour migration test, heavy metal testing and analysis is done to ensure we give best quality finished products to our Valued Customers. The company has a well-equipped quality control lab with in-house testing equipment to test the capacity and quality of their products.
Their finished products undergo strict quality checks to ensure that they are of required quality as per the standards set. Their in-house testing team regulates and monitors the quality, safety and packaging of Bottles and Preforms. There are also inhouse developed quality check procedures and the internationally standardized top-level quality check parameters in addition to the required standards. The company lab is equipped with all testing facilities required to ensure that all products meet all the standards and specifications.
Swashthik Plascon Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives
  1. Funding capital expenditure for developing new manufacturing facilities and installation of Plant and Machinery
  2. Funding of capital expenditure requirements of our Company towards Set up of Solar Power Plant
  3. Purchase of Plant and Machinery at our existing Manufacturing facility 
  4. Funding Working Capital Requirements of our Company
  5. General corporate purposes
Here are key details about the Swashthik Plascon Limited IPO:
Company NameSwashthik Plascon Limited Limited Swashthik Plascon Limited IPO Opening DateNovember 24, 2023
Company Established On2006Swashthik Plascon Limited IPO Price band₹80 to ₹86 per share

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Swashthik Plascon Limited ?

The issue size of the Swashthik Plascon Limited is 40.76 Cr.

What is 'pre-apply' for Swashthik Plascon Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Swashthik Plascon Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.