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Swashthik Plascon Limited IPO

Swashthik Plascon Limited IPO has a top-notch quality control lab packed with all the testing gear they need to check how well their products perform and make sure they meet the standards. Their finished goods go through a rigorous quality check to guarantee they are up to snuff. The in-house testing crew keeps a close eye on the quality, safety, and packaging of their Bottles and Preforms. They have their own quality check methods that They have cooked up in-house, plus they follow top-notch international standards to make sure their products are top-of-the-line. This double-checks system ensures that their customers always get the absolute best in quality. Their Strengths are Experienced management & workforce, Focus on Quality and Safety, Cost Leadership and time-bound execution, Existing relationships with clients, Improving functional efficiency, and Enhancing existing product base and product quality.

Company Promoters:

·  Mr. Parasmal Mahendra Kumar
·  Mr. Parasmal Ravindra Kumar
·  Mr. Parasmal Dharmendra Kumar
·  Mr. Misrimal Parasmal
·  Mrs. P Umrao
·  Mrs. Mahendrakumar Nirmala
·  Mrs. R Asha Jain
·  Mrs. D Anita

Objects of this Issue:

·  Funding capital expenditure for developing new manufacturing facilities and installation of Plant and Machinery.
·  Funding of capital expenditure requirements of their Company towards Set up of Solar Power Plant.
·  Purchase of Plant and Machinery at their existing Manufacturing facility.
·  Funding Working Capital Requirements of their Company
·  General corporate purposes

Financial Information of the Company:

Particular	Amount in Lakhs (Rs.)
	As on 31 March 2023	As on 30 March 2022	As on 31 Mar 2021
Total Assets	4908.15	2737.34	2820.71
Total Liabilities	4,169.08	2,137.34	2,220.71
Net Profit	302.19	13.01	6.91

Swashthik Plascon Limited IPO Schedule

1.     Bid or Offer Opens on: 24 November 2023
2.     Bid or Offer Closes on: 29 November 2023
3.     Finalization of BoA: 04 December 2023
4.     Initiation of Refunds: 05 December 2023
5.     Credit of shares to Demat account: 06 December 2023
6.     Listing Date: 07 December 2023

Swashthik Plascon Limited IPO Lot Size

The market lot size of Swashthik Plascon Limited IPO is 1200 shares. The minimum and maximum order quantity is as follows:

Company Contact Details:

No. A75 - A76, PIPDIC Electronic

Park, Thirubuvanai, Mannadipet

Commune, Puducherry - 605107,

Pondicherry, India.

Phone: (0413)-2640955

Email: investors@swashthikplascon.com  

Website: www.swashthikplascon.com

Swashthik Plascon Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali

Caves Road, Andheri (East) Mumbai-400093, India

Telephone: 022 - 6263 8200

Email:  ipo@bigshareonline.com

Website: www.bigshareonline.com