
Emerging SME Services · BSE
Incorporated in June 2006, Swasthik Plascon specializes in manufacturing PET bottles and PET preforms used across pharmaceuticals, liquor, FMCG, household products, dishwashing liquids, repellents, soft drinks, packaged drinking water, and juice bottles. The company has a dedicated quality control lab with advanced testing equipment to ensure product strength, capacity, and safety, while its in-house testing team continuously monitors quality and packaging standards. As of March 31, 2023, Swasthik Plascon reported an income of Rs. 4,589.10 lakhs and a restated profit after tax of Rs. 302.19 lakhs.
Price Band
₹80 – ₹86
Issue Size
₹40.76 Cr
Lot Size
1600 shares
GMP
+17.4%
Est. Listing
₹101
at current GMP
Subscribed
15.50x
overall
Open
24 Nov 2023
Close
29 Nov 2023
Allotment
1 Dec 2023
Refund
2 Dec 2023
Demat Credit
3 Dec 2023
Listing
5 Dec 2023
Overall Subscription
15.50x
Total Demand
QIB Multiplier
3.42x
Institutions & Funds
NII / HNI
36.11x
High Net-Worth
Retail (RII)
13.58x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 900,800 | 3,084,800 | 3.42x |
| NIB | 675,200 | 24,382,400 | 36.11x |
| RETAIL | 1,576,000 | 21,398,400 | 13.58x |
| Total | 3,152,000 | 48,865,600 | 15.50x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,037 | 14,082 | 13.58x |
| HNIs (10L +) | 7 | 253 | 36.11x |
| HNIs (2-10L) | 32 | 1,156 | 36.11x |
| Total Applications | 1,076 | 15,491 | 14.40x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Swashthik Plascon Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹40.76 Crores. The shares are offered at a price band of ₹80 to ₹86 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,37,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-03, while un-allotted funds or UPI block mandates will be released on 2023-12-02.
The latest Grey Market Premium (GMP) for Swashthik Plascon Limited IPO is ₹15 per equity share. Based on the upper price band of ₹80 to ₹86 per equity share, the estimated listing price is ₹101 (+17.4% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹15, the expected profit per application lot is approx ₹24,000 (+17.4% gain). Minimum application cost is approx ₹1,37,600.
The Swashthik Plascon Limited IPO aggregate issue size is ₹40.76 Crores with an equity price band set at ₹80 to ₹86 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,37,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 15.50x (Retail: 13.58x, QIB: 3.42x, NII: 36.11x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-12-01. Investors can verify status using PAN card or application number.
Swashthik Plascon Limited shares are scheduled to list on BSE on 2023-12-05.