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15 Days Price Change

Swashthik Plascon IPO

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WEBSITE Inc. Year: 2006 Industry: Plastic Products Listed Page

Profile
Issue Size --
Profile
Price Range 80  to  86 per share
Profile
Min Investment ₹86
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Swashthik Plascon Ltd is a dynamic company dedicated to the production and distribution of high-quality coatings and paints. Specializing in innovative solutions for various surfaces, the company is committed to enhancing aesthetics while ensuring durability. With a focus on eco-friendly and sustainable practices, Swashthik Plascon Ltd strives to offer a diverse range of products that cater to residential, commercial, and industrial needs. The company's cutting-edge research and development efforts result in paint solutions that meet evolving customer demands and industry standards. Committed to excellence, Swashthik Plascon Ltd stands as a reliable choice for those seeking superior coating solutions in the market. Read More

Basic Info

Face Value 10 per share

Price 80  to  86 per share

P/E (x) 23.9

Sales( Cr.) 144

PAT( Cr.) 7

EPS 3.6

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Mr Parasmal Mahendra Kumar Mr Parasmal Ravindra Kumar Mr Parasmal Dharmendra Kumar Mr Misrilal Parasmal

Pre Issue Share Holding 60%

Post Issue Share Holding 43.81%

Listing Details:

Listing Price: 120.1

Listing Gain: 28.39%

Current Price: 21

Gain On Issue: 21 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Nov 24, 2023
Closing Date Nov 29, 2023
Allotment Nov 30, 2023
Refund Dec 01, 2023
Delivery of Shares Dec 01, 2023
Listing Date Dec 04, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 137,600
Retail (Max) 1 1600 137,600
S-HNI (Min) 2 3200 275,200
S-HNI (Max) 7 11200 963,200
B-HNI (Min) 8 12800 1,100,800

Objective of the Issue

1. Funding capital expenditure for developing new manufacturing facilities and installation of Plant and Machinery 2. Purchase of Plant and Machinery at the Existing Manufacturing Facility 3. Funding Working Capital Requirements of the Company 4. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 2369600 8104032 3.4x
NII 710880 25421069 35.8x
Retail 1658720 22525418 13.6x
EMP 0 0 0x
Total 4739200 73125856 15.4x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Swashthik Plascon Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 46 126 144
Other Income 0 9 0
Total Income 46 135 144
Total Expenditure 40 116 123
Operating Profit 6 19 21
Interest 2 5 7
Depreciation 1 3 5
Exceptional Income / Expenses 0 0 0
Profit Before Tax 3 11 9
Provision for Tax 0 3 2
Profit After Tax 3 8 7
Adjustments 0 0 0
Profit After Adjustments 3 8 7
Adjusted Earnings Per Share 2.4 4.3 3.6

Swashthik Plascon Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 20 64 85
Minority's Interest 0 0 0
Borrowings 30 53 85
Other Non-Current Liabilities 0 -0 1
Total Current Liabilities 60 32 28
Total Liabilities 111 149 200
Fixed Assets 27 42 56
Other Non-Current Assets 4 6 15
Total Current Assets 79 102 128
Total Assets 111 149 200

Swashthik Plascon Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0
Cash Flow from Operating Activities 4 -10 -19
Cash Flow from Investing Activities -3 -18 -19
Cash Flow from Financing Activities -1 28 40
Net Cash Inflow / Outflow -0 -0 2
Closing Cash & Cash Equivalent 0 0 2

Swashthik Plascon Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.36 4.29 3.57
CEPS(Rs) 3.11 6.24 6.14
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 15.88 36.42 43.75
Core EBITDA Margin(%) 13 8.35 14.31
EBIT Margin(%) 11.5 12.43 10.98
Pre Tax Margin(%) 7.6 8.7 6.4
PAT Margin (%) 6.62 5.96 4.85
Cash Profit Margin (%) 8.73 8.68 8.32
ROA(%) 2.73 5.8 3.99
ROE(%) 14.83 17.86 9.33
ROCE(%) 6.62 15.95 10.94
Receivable days 298.48 114.88 112.21
Inventory Days 303.1 132.33 151.36
Payable days 211.69 82.41 79
PER(x) 0 16.52 13.57
Price/Book(x) 0 1.95 1.11
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 1.57 1.41 1.24
EV/Core EBITDA(x) 11.52 9.3 8.56
Net Sales Growth(%) 0 176.81 13.72
EBIT Growth(%) 0 199.26 0.43
PAT Growth(%) 0 149.2 -7.61
EPS Growth(%) 0 81.96 -16.64
Debt/Equity(x) 2.89 0.84 1
Current Ratio(x) 1.31 3.2 4.53
Quick Ratio(x) 0.68 1.51 2.22
Interest Cover(x) 2.95 3.33 2.4
Total Debt/Mcap(x) 0 0.43 0.91

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 14% 0% 0% 0%
Operating Profit CAGR 11% 0% 0% 0%
PAT CAGR -13% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -56% NA% NA% NA%
ROE Average 9% 14% 14% 14%
ROCE Average 11% 11% 11% 11%

Company Contact Information

Swashthik Plascon Ltd.

No. A75 - A76 Pipdic Electronic Park Thirubuvanai, Mannadipet Commune

IPO Lead Manager(s)

Swashthik Plascon Ltd.

Shreni Shares Limited

Registrar Info

Swashthik Plascon Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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