- CEO
- Mahendrakumar Gautam
- Full Time Employees
- 66
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- No. A75 - A76, PIPDIC Electronic Park Thirubuvanai PO India 605107
- IPO Date
- Dec 5, 2023
- Business
- Swashthik Plascon Limited manufactures a wide range of polyethylene terephthalate (PET) bottles and PET preforms using continuous injection stretch blow molding machines and 100% virgin food-grade materials; its core products include PET bottles for pharmaceutical, liquor, fast-moving consumer goods (FMCG) packaging, household applications, dishwash liquid, and repellent dispensers, as well as PET preforms for soft drinks, packaged drinking water, and juice bottles; the company also deals in related plastic raw materials such as PET, HDPE, LDPE granules, polymers, polystyrene, PVC, nylon, synthetic rubber, and packaging products, along with pilfer-proof caps, PET jars, and HDPE bottles. Founded in 2006 as a partnership firm and incorporated as a private limited company in 2011 with headquarters in Thirubuvanai, Mannadipet Commune, Puducherry, India, Swashthik Plascon operates primarily in southern India, marketing products across Tamil Nadu, Kerala, Andhra Pradesh, and Karnataka, serving industries including beverages, pharmaceuticals, personal care, and household products. Recent developments include the construction of a new building for plant setup announced in January 2025, approvals for fundraising up to 152.5 million rupees through share issuance in December 2024, promoter stake increase to 41.88% via open market purchases in September 2025, amendment to the Memorandum of Association in 2024 to facilitate acquisition of partnership firms like subsidiary Swashthik Industries, and approval of related party transactions with wholly owned subsidiary Swashthik Preforms Private Limited and others for raw material purchases, finished goods sales, and rent up to 120 million rupees in fiscal 2024-25.