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IPO

IPO Details


Swashthik Plascon Ltd
Registered Office: A75-A76 PIPDIC Electronic Park, Thirubuvanai Manndipet Commune, Pondicherry. - 605107, Pondicherry
Phone: 0413-2640955
Email: investors@swashthikplascon.com
Website: www.swashthikplascon.com
Initial public offer of 47,39,200 equity shares of face value of Rs. 10/- each (the Equity Shares) of Swashthik Plascon Limited (The Company or Swashthik or The Issuer) at an issue price of Rs. 86/- per equity share for cash, aggregating to Rs. 40.76 crores (Public Issue) out of which 2,38,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 86/- per equity share for cash, aggregating to Rs. 2.05 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 45,00,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 86/- per equity share for cash, aggregating to Rs. 38.71 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.98% and 25.63% respectively of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The issue price is 8.6 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
24-Nov-2023 29-Nov-2023 ₹ 86.00 ₹ 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
(₹)Cr. Lead Managers to the Issue
Project Cost 36.49 Shreni Shares Ltd
Project Financed through Current Offer 40.76
Post Issue Equity Share Capital 17.56
Issue Price ₹86.00
Projects
Funding capital expenditure for developing new manufacturing facilities and installation of plant and machinery
Fundng of capital expenditure requirements of the company towards set up solar power plant
Purchase of plant and machinery at its existing manufacturing facility
Funding working capital requirements of the company
General corporate purposes
Promoted By
Parasmal Mahendra Kumar
Parasmal Ravindra Kumar
Parasmal Dharmendra Kumar
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)