Swashthik Plascon Limited IPO Message Board (Page 4)

10. nbachoo | Link | Bookmark | November 26, 2023 12:49:49 PM

I am not able to open Financial results, Annual accounts or anything except IPO related things under Investor Corner in Company's Website. This creates suspicion. What they are hiding? All these years before IPO, Net profit ration to Sales was negligible which sky rocketed in FY 23 and for Sept 23. Hard to believe their financials.

9. Gaurav DD dimer | Link | Bookmark | November 21, 2023 2:59:14 PM

IPO Mentor (1200+ Posts, 400+ Likes)

Technopack polymers has better margin on revenue than this.
Its also on same field of PET perform.
Technopack started production with new machine bought from italy in November (this month) for which they raised the ipo.

However This IPO is also good to apply due to LM track record.

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9.2. Gaurav DD dimer | Link | Bookmark | November 24, 2023 1:27:56 PM

IPO Mentor (1200+ Posts, 400+ Likes)

As expected jump in share price of technopack polymers today (13%) up as of now.

hope few bought it after my hint.

9.3. Sanchit Jain | Link | Bookmark | November 24, 2023 11:27:03 PM

IPO Mentor (600+ Posts, 200+ Likes)

@Gaurav bhai, any stock from SME space which can 2x in small time?

8. Priyanka Meghwal | Link | Bookmark | November 21, 2023 10:18:59 PM

6 lakh se 3 cr ka PAT and very less increase in revenue but assets have been double..it means assets properly use hi nhi ho rhe ya fir profit adjustment hua hai kuch assets ke against Mai..sahi khel hai IPO Lana hai to profit dikhao and uske pehle and bad mai tax bachao

7. NeoLongus | Link | Bookmark | November 21, 2023 6:24:52 PM

IPO Mentor (800+ Posts, 400+ Likes)

Interesting business but weak financials. Oil price change can improve trajectory in the future so need to watchout for that. Expensive valuations though and hence skip.

Keep Minting!

6. GrowYourMoney | Link | Bookmark | November 21, 2023 6:21:40 PM

Top Contributor (400+ Posts, 400+ Likes)

Revenue on Declining mode
Sudden increase in Profits in FY 23 & First half.
Margins more than doubled.
Seems totally cooked
One can skip this

5. svh | Link | Bookmark | November 20, 2023 9:01:22 PM

IPO Guru (2600+ Posts, 3700+ Likes)

Listing after election result is the inherent big risk to apply.

🙏👍

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5.5. Hope is life | Link | Bookmark | November 25, 2023 10:10:23 PM

IPO Mentor (900+ Posts, 600+ Likes)

@svh

why they choose nikunj as market maker

when they have their own market maker...??

its mystery!!!

shareni known for this type of logicless things

they (shreni nd fedex) bought kkshah hospital sme (9crs) ipo together ...rikhav mm😊

small size ipo nd 2 lm ,that too with fedex...

5.6. NeoLongus | Link | Bookmark | November 26, 2023 1:23:56 PM

IPO Mentor (800+ Posts, 400+ Likes)

Yes...noticing this trend of multiple BRLM in very small SME IPO's and it just doesnt inspire confidence. Also, noticed a few SME IPO's with some sale by existing shareholders in the recent past which seems to be a new trend.

But any insights that you both can share on the MM - Rikhav/Nikunj, will be helpful.

Keep minting!

4. KML | Link | Bookmark | November 20, 2023 8:49:22 AM (300+ Posts)

Asset zero ?

3. G profit | Link | Bookmark | November 20, 2023 1:07:06 AM

IPO Mentor (1200+ Posts, 300+ Likes)

Revenue not increasing, but profit increasing manifold. Not convinced much about the company. Only soothing factor is LM which has a decent track record. But investment only on basis of only LM can be disastrous, as in many cases. And they have carefully chosen the ipo dates so that the refund from mainboard companies will be unblocked. Clever

2. ipo share | Link | Bookmark | November 19, 2023 5:59:40 PM

IPO Guru (1600+ Posts, 800+ Likes)

In FY 23, Revenue has fallen from 49 cr to 46 cr whereas, PAT has risen more than 20 times.

1. Advantage | Link | Bookmark | November 19, 2023 3:15:37 PM

How profit increases 50 folds when the topline increases by 10-12%?

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11.6. Basuvr | Link | Bookmark | December 4, 2023 7:55:50 PM

IPO Guru (2100+ Posts, 1100+ Likes)

@Raju Hiralal Chavda Sir it's simple always do the opposite of what he says 🤣🤣

11.7. ~~Raju Hiralal Chavda~~ | Link | Bookmark | December 4, 2023 8:22:53 PM

@Basuvr Respected Sir, I am not following his steps or there is not a question of taking opposite position of what he says .. Question is By such dumb ones other new comers take position .. His GMP is not strong or solid as like KING👑'Vinod's/Kappo/Arjun etc .. so such type of people need some bashing .. so that blue whale 🐋 should be hunted / killed .. ✌️