:::LALKAR GROUP::::

Swashthik Plascon Ltd

Registered Office: A75-A76 PIPDIC Electronic Park,Thirubuvanai Manndipet Commune, Pondicherry. - 605107, Pondicherry, India.
Phone : 0413-2640955 Fax:
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-23	29-Nov-23	86.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	(Rs)	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

No Data Available