Swashthik Plascon Limited

About the company

## **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 1. Funding of capital expenditure requirements of our Company towards Set up of Solar Power Plant 1. Purchase of Plant and Machinery at our existing Manufacturing facility  1. Funding Working Capital Requirements of our Company 1. General corporate purposes Here are key details about the Swashthik Plascon Limited IPO: Company Name| **Swashthik Plascon Limited Limited**|  | Swashthik Plascon Limited IPO Opening Date| **November 24, 2023** ---|---|---|---|--- Company Established On|**2006**Swashthik Plascon Limited IPO Price band|**₹80 to ₹86 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   24 Nov 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   29 Nov 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   26 Nov 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   05 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   04 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   05 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.