Swashthik Plascon Limited (SPL) is a public limited company in India that manufactures PET bottles and pilfer proof caps. SPL was incorporated on May 5, 2011 and is located in Villupuram, Tamil Nadu. The company’s authorized share capital is ₹18,00,00,000 and its paid up capital is ₹12,82,47,950
SPL produces a variety of PET bottles and preforms, including:
Pharmaceutical bottles
Liquor bottles
Sanitizer bottles
Soft drink bottles
Packaged drinking water bottles
Juice bottles
Dish wash liquid packaging
Repellent dispensers
Swashthik Plascon Limited IPO Timeline
| Particular | Date |
| IPO Open Date | 24 Nov 2023 |
| IPO Close Date | 29 Nov 2023 |
| Allotment Date | 04 Dec 2023 |
| IPO Listing Date | 07 Dec 2023 |
Swashthik Plascon Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs.80 to 86 Per Equity Share |
| Market Lot | 1600 Share |
| ISIN Code | |
| Listing At | NSE SME |
| Issue Size | Approx. Rs. 41 Crore. |
Swashthik Plascon Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 1600 | Rs. 137600 |
| Maximum | 1 | 1600 | Rs. 137600 |
| Small HNI (Minimum) | 2 | 3200 | Rs. 275200 |
Swashthik Plascon Limited IPO Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 MAY 2021 |
| Total Assets | 4908.15 | 2737.34 | 2802.71 |
| Total Revenue | 4589.10 | 4986.51 | 3533.97 |
| Profit After Tax | 302.19 | 13.01 | 18.52 |
Company Promoters:
The promoters of the Company are Mr. Parasmal Mahendra Kumar, Mr. Parasmal Ravindra Kumar, Mr. Parasmal Dharmendra Kumar, Mr. Misrilal Parasmal, Mrs. P Umrao, Mrs. Mahendrakumar Nirmala, Mrs. R Asha Jain and Mrs. D Anita.
Purpose of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- 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
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Swashthik Plascon Limited No. A75 – A76, PIPDIC Electronic Park Thirubuvanai, Mannadipet Commune, Pondicherry – 605107 Phone: (0413)-2640955 Email: investors@swashthikplascon.com Website: https://swashthikplascon.com/ | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
