Swashthik Plascon is a company that specializes in producing a variety of PET Bottles and PET Preforms. They offer PET Bottles for purposes, like pharmaceuticals, liquor, FMCG packaging, household products dishwashing liquid, and repellent dispensers. Moreover, they manufacture PET Preforms for drinks packaged drinking water and juice bottles.
The manufacturing process happens by cutting edge Continuous Injection Stretch Moulding Machines using technology and high-quality materials that meet food-grade standards. The production area is. Protected from dust with quality testing. The finished products are carefully packed in CFC trays with POF shrink film. Placed in corrugated boxes.
Swashthik Plascon places importance on ensuring the quality of its products. They have a focus, on quality assurance, which includes conducting tests for color migration, heavy metal content, and overall analysis. To ensure the highest standards are met the company has an equipped quality control laboratory, with testing equipment. Their production plants are certified under the ISO 9001 Quality Management System. They also prioritize food safety management, occupational health and safety protection management, and energy management systems.
Swashthik Plascon and its affiliated companies produce an array of PET preforms, for industries, including mineral water, alcoholic and non-alcoholic beverages, jars, edible oil, pharmaceutical bottles, liquor bottles Pril Dish Washer bottles, and PET closures. Additionally, they offer customized products tailored to meet customer needs.
The company strives to build and nurture customer relationships by taking into account factors like aligning capabilities, business volume, long-term partnership potential, and initial costs. As part of their partnership, they have entered into an agreement, with Jyothy Laboratories Limited to manufacture bottles for their Pril Dish Wash Liquid product.
Swashthik Plascon has a workforce of 66 employees working in departments such, as accounts and finance, compliance, maintenance, marketing and logistics production and operations quality control, top-level management, and permanent labor. Additionally, they also have, around 35 contract laborers.
Swashthik Plascon IPO Complete Details:
Swashthik Plascon IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Swashthik Plascon is Around 00 Rs.
Objects Of Issue:
1. Swashthik Plascon is seeking funds for new manufacturing facilities and machinery.
2. Funding is required for the capital expenditure of setting up a solar power plant.
3. Investment in plant and machinery is underway at the existing manufacturing facility.
4. Funds are sought to meet the working capital needs of Swashthik Plascon.
5. Capital is allocated for general corporate purposes to support operational requirements.
Promoters:
The company’s promoters include 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.
FAQs:
When Swashthik Plascon IPO is Opening?
Swashthik Plascon IPO is Opening on 24 November 2023.
When is the Swashthik Plascon IPO Closing?
Swashthik Plascon IPO is Closing on 29 November 2023.
What is the Issue Size of the Swashthik Plascon IPO?
The IPO Issue Size of the Swashthik Plascon is 40.76 Crore.
Price Band of Swashthik Plascon IPO?
The price Band of Swashthik Plascon IPO is 80 to 86 rupees per share.
What is the minimum investment for a Swashthik Plascon IPO?
The minimum investment for the Swashthik Plascon IPO is 137,600 Rupees.
Allotment Date of Swashthik Plascon IPO?
The Allotment of Swashthik Plascon IPO is on 04 December 2023.
Listing Date of Swashthik Plascon IPO?
The Listing Of Swashthik Plascon is Scheduled on 07 December 2023.
One Should Apply for Swashthik Plascon IPO or Not?
will update soon
How to apply for a Swashthik Plascon IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Swashthik Plascon IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for a Swashthik Plascon IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Swashthik Plascon IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for a Swashthik Plascon IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Swashthik Plascon IPO from the list ——–> Click on Swashthik Plascon IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of the Swashthik Plascon?
Shreni Shares Private Limited is the Lead Manager of the Swashthik Plascon.
Where To Check the Allotment of Swashthik Plascon IPO?
The allotment status for the Swashthik Plascon IPO will be accessible on the Bigshare Services Private Limited Website.
Swashthik Plascon IPO is going to be listed at?
Swashthik Plascon IPO is going to be listed at BSE SME.
What is the Lot Size of the Swashthik Plascon IPO?
The lot size of the Swashthik Plascon IPO is 1600 Shares.
What is the EPS of the Swashthik Plascon IPO?
The EPS of the Swashthik Plascon is 4.99 Rupees.
What is the P/E Ratio of the Swashthik Plascon IPO?
The P/E Ratio of the Swashthik Plascon is N/A.
What is the RoNW of the Swashthik Plascon IPO?
The RoNW of the Swashthik Plascon is 14.95%.
