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Swashthik Plascon Limited IPO Message Board (Page 3)

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30. Ravi Makkar |   Link |  Bookmark | December 1, 2023 12:34:04 PM
wish they declare the allotment today night so that we can use the amt for Next IPO Net Avenue 4th Dec is last day for apply :(
30.1. kishenharendra |   Link |  Bookmark | December 1, 2023 1:29:34 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I hope so too...
But thankfully these ipos will be the last set for us to worry...
Going forward we will know for sure when funds will be unblocked!
29. Hope is life |   Link |  Bookmark | November 30, 2023 9:46:45 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
bigshare also registrar in deepak chemtex

ipo also not subscribed heavily

so we can expect t+1 allotment

hope they give it
29.1. Jsca |   Link |  Bookmark | November 30, 2023 10:59:02 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Hoping same sir 🤞
28. IPO jarur lagega |   Link |  Bookmark | November 30, 2023 9:27:14 PM (200+ Posts)
Still waiting for allotment 😇🙏
27. Anuiyer |   Link |  Bookmark | November 30, 2023 12:25:51 PM
When is the allotment expected and when is the listing ? If it is t+3 then allotment should be on Friday if I am not wrong ?? Please update
27.1. rohiitian |   Link |  Bookmark | November 30, 2023 2:51:26 PM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
If it's T+3 listing, allotment should come today night. Bigshare has been reliable with T+1 allotment.
26. IPO APPLIER |   Link |  Bookmark | November 30, 2023 9:51:32 AM
Any chances of listing today?
26.1. Raavi |   Link |  Bookmark | November 30, 2023 1:24:25 PM
Bhai Pehle Allotment to hone do
26.2. IPO APPLIER |   Link |  Bookmark | November 30, 2023 1:30:49 PM
Ha ha
Sorry bhai .. i meant allotment only
25. Earthking |   Link |  Bookmark | November 29, 2023 4:37:29 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Applied 13 retail ...
25.6. Earthking |   Link |  Bookmark | December 5, 2023 8:58:35 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Yes Raju bhai ... Sherni the gr8 ...
25.7. Raju Hiralal Chavda |   Link |  Bookmark | December 5, 2023 7:50:35 PM
👑 Kingsman Wealth Fund PCC KIF - I (Anchor ⚓ Investor) 350400 Qty _ 3,01,34,400/- 👑 Swasthik was their first investment ... They Have Minted 43% .. ✌️
24. lokes |   Link |  Bookmark | November 29, 2023 7:49:34 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
Skipped this ipo...didn't applied
24.3. Nitin oswal |   Link |  Bookmark | November 29, 2023 10:12:05 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Lokesji apka veiw 3 pm se pehle kaha hota to me bhi apply nahi karta pls 3 pm ke pehle batao
24.4. lokes |   Link |  Bookmark | November 30, 2023 11:53:11 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
@Nitin oswal Since shreni LM is good so it may give positive gains mostly.....I just didn't liked company so didn't applied and didn't wanted to block money...
23. Serious long term investor |   Link |  Bookmark | November 29, 2023 7:39:51 PM
Must keep in mind that in this IPO, Shreni is not the market maker. Shreni will just take the merchant banker fees as lead manager and walk away.

Nikunj Stock & Shares is the market maker here. On their recent record, of the last four ipo's where they were market maker, three opened below issue price (Baba Food, Micropro and Vrundavan).

You must also ask yourself why Shreni did not want to be the market maker of this issue (the merchant banker will always get preference if it wants). And also see the record of Shreni where it was the lead manager and market maker. All of last four issues opened with good premium (Marco Cables, Meson Valves, CPS Shapers and AccelerateBS).

Not saying that Swasthik will open below issue price but you must know your risks.
23.4. Raju Hiralal Chavda |   Link |  Bookmark | November 29, 2023 8:48:57 PM
@Serious long term investor  Regarding BaBa .. IPO price 76 .. listed -5% .. than again -5% .. than again -5% .. 76 _ 72 _ 70 _ 68 ... From 68 to 80.70 .. consolidation @ 76 (pivot point or you can say alloted price) Maybe Cornering of Shares .. Maybe Run Up after Cornering .. Who knows .. !! .. ✌️
23.5. Raju Hiralal Chavda |   Link |  Bookmark | December 5, 2023 8:55:59 AM
💎Shreni💎Nikunj💎 Rocks .. ✌️
22. IEC |   Link |  Bookmark | November 29, 2023 7:37:38 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Applied.
21. Raju Hiralal Chavda |   Link |  Bookmark | November 29, 2023 1:03:44 PM
💎Shreni💎
21.18. Old.Fox |   Link |  Bookmark | December 5, 2023 7:08:12 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
@Raju Hiralal Chavda ...but the happiness would have been more if you too had received at least one allotment. Let's see in Sheetal.
21.19. Raju Hiralal Chavda |   Link |  Bookmark | December 5, 2023 7:43:36 PM
🙏 Mahadev 🙏
20. MVP |   Link |  Bookmark | November 29, 2023 3:17:25 PM
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
With this IPO close, official end of T+6 IPO schedule. Congratulations to everyone.
20.3. MVP |   Link |  Bookmark | November 29, 2023 5:16:06 PM
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
one retail*
20.4. Agrawal S |   Link |  Bookmark | November 29, 2023 5:35:14 PM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
Okay.. i skipped it completely
19. SKalyan |   Link |  Bookmark | November 29, 2023 2:29:37 PM (200+ Posts)
2 retail applied..name of shreni
Hope for positive listing 🤞
18. Agrawal S |   Link |  Bookmark | November 29, 2023 1:50:42 PM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
Not Applying here !!
17. Jsca |   Link |  Bookmark | November 29, 2023 1:31:05 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Applied
7 retail applications
16. Value.Investor |   Link |  Bookmark | November 29, 2023 11:39:43 AM
Although the Sherni is LM, no QIB are bidding. It is quite surprising. is there any major issue?
15. YBPK |   Link |  Bookmark | November 28, 2023 8:35:16 PM
Top Contributor Top Contributor (200+ Posts, 600+ Likes)
Points to note for Swashthik Plascon & Deepak Chemtex

14. colcol |   Link |  Bookmark | November 28, 2023 12:00:52 PM (200+ Posts)
Any GMP action ?
14.1. Basuvr |   Link |  Bookmark | November 29, 2023 11:04:31 AM
IPO Guru IPO Guru (1700+ Posts, 800+ Likes)
No action seen in GMP
13. jvibhor |   Link |  Bookmark | November 28, 2023 9:36:23 AM
Does anyone know why company has no debt facility with bank and relying on heavy debt of 60 crore from related party at 12% rate ? Debt looks too high for size of company.
12. KAMMA SIVA RAMA KRISHNA |   Link |  Bookmark | November 27, 2023 12:25:13 PM
Not looking that much attractive to me to apply for. This is my opinion. Views may differ. If anyone wants to apply, no body can stop them from applying.
11. Serious long term investor |   Link |  Bookmark | November 26, 2023 11:56:51 AM
Must never go by just looking at profit and loss statement figures.....look deeper.....

1st six months results of FY2024 includes other income of Rs 3.50 cr. And you look at the notes for details and this amount is 'discount receipts' which is a non-recurring item....

if we exclude this amount, profit for full year is expected at Rs 3.56 cr...thus asking PE becomes 42x on post issue market capitalization of Rs 151 cr...very high...