Swasth Foodtech India Limited IPO
BSE SMEListed On: Feb 28, 2025 at ₹ 94.0
₹ 225600 /2400 Shares
*Min Investment
20 Feb, 2025
Open Date24 Feb, 2025
Close Date25 Feb, 2025
Allotment Date28 Feb, 2025
Listing DateSwasth Foodtech India IPO Issue Details
- Issue Price ₹94 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 15,87,600 shares(aggregating up to ₹14.92 crore)
- Fresh Share 15,87,600 shares(aggregating up to ₹14.92 crore)
- Listing at BSE SME
- List Price 94.0
- Listing Date 2025-02-28
- Lead Manager Horizon Management Private Limited
- Registrar Mas Services Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,12,800 |
| Retail(max) | 1 | 1200 | ₹1,12,800 |
| NII (min) | 2 | 2,400 | ₹2,25,600 |
Swasth Foodtech India IPO Reservation
Swasth Foodtech India IPO offers total 15,87,601 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,7,53,600 (47.47%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 80,400 (5.06%) | |
| Retail Shares Offered | 7,53,600 (47.47%) | |
| Total Shares Offered | 15,87,601 (100%) |
Swasth Foodtech India IPO Details
Swasth Foodtech India Limited IPO is an SME IPO, priced at ₹94 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 15,87,600 equity shares, aggregating up to ₹14.92 crores..
The IPO bidding window is open from Feb 20, 2025 to Feb 24, 2025. The allotment is expected to be finalized on Feb 25, 2025, and the tentative listing date is Feb 28, 2025.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,12,800. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,25,600.
Horizon Management Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Mas Services Limited, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.
Swasth Foodtech India IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,53,600 | 7,53,600 | 15,07,200 |
Day 1 20-02-25 06:00 PM | 0.68 x | 3.86 x | 2.27 x |
Day 2 21-02-25 06:00 PM | 1.08 x | 6.77 x | 3.92 x |
Day 3 24-02-25 06:00 PM | 2.63 x | 13.11 x | 7.87 x |
Swasth Foodtech India Valuations
Swasth Foodtech India Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 31.84 | 30.59 | 12.65 |
| Revenue | 134.32 | 99.94 | 1.23 |
| Profit After Tax | 1.93 | 0.03 | 0.01 |
| Net Worth | 6.24 | 3.03 | 3.0 |
| Reserves & Surplus | 1.97 | 0.04 | 0.01 |
| Total Borrowing | 23.39 | 23.82 | 7.92 |
About Swasth Foodtech India Company
Incorporated in 2021, Swasth Foodtech India Limited is involved in processing rice bran oil for sale to oil manufacturers and packers.
The company manufactures different grades of rice bran oil, high in Vitamin E and Oryzanol, providing heart-healthy benefits, high smoke point, and neutral, versatile flavor for cooking.
The company sells and markets rice bran oil, as well as byproducts such as fatty acids, gums, spent earth, and wax, produced while processing its products in the open market.The facility of the company has a refining unit for the production of bulk rice bran oil. It will utilize proceeds to establish a packaging unit for third-party and its own brands for small retailers.
The firm has a zero-waste unit, recycling or selling by-products such as gums, wax, and fatty acids. Its high-grade stainless steel, fully automated plant refines oil and recovers by-products efficiently.The firm has a production capacity of 125 MT per day and has a manufacturing plant in Purba Burdwan, West Bengal, strategically placed within India.
Products:
Rice Bran Oil: The firm processes crude rice bran oil produced domestically, extracts by-products, and sells bulk oil to manufacturers, refiners, and wholesalers for health purposes.
By-Products: The firm manufactures by-products such as fatty acids, wax, gums, and spent earth, which are utilized by soap, cosmetics, and animal feed industries.
The firm has 17 employees as of September 30, 2024.
Swasth Foodtech India - Promoter(s)
Dilip Chhajer
Shrey Jain
Lakshay Jain
Vandana Chhajer
Chhajer Agro Products Private Limited
Dilip Chand chhajer (HUF)
Pre Issue Share Holding : 100%
Post Issue Share Holding : 72.90%
Swasth Foodtech India IPO - Issue Objectives
Setting up of a packing line at the existing manufacturing unit
Funding of working capital requirements of the Company
General Corporate Purposes
Swasth Foodtech India IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Swasth Foodtech India Limited | 5.03 | 5.03 | 14.62 | N/A | 30.97 | 6.71 | Standalone |
| Halder Venture Ltd | 36.92 | 36.92 | 204 | 11.7 | 19.66 | 1.33 | Consolidated |
| Sarveshwar Foods Limited | 0.17 | 0.17 | 2.95 | 37.2 | 6.64 | 4.5 | Consolidated |
Notes:
- The P/E Ratio is computed for the peer company based on the closing price on BSE Limited.
- Return on Net Worth (%) = Profit for the year ended March 31, 2024, divided by Total Equity of the Company as on March 31, 2024.
- NAV is computed as the Total Equity of the Company as on March 31, 2024, divided by the outstanding number of equity shares as on March 31, 2024.
- Market capitalisation to revenue from operations cannot be computed as the peer company is an unlisted company.
Contact Details
Swasth Foodtech India
Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141
+91 890 073 8769
Registrar Contact Details
Swasth Foodtech India IPO - FAQs
Ans. Swasth Foodtech India Limited IPO is a SME IPO. The issue is priced at ₹94 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Feb 20, 2025, and closes on Feb 24, 2025. Mas Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Swasth Foodtech India Limited IPO opens on Feb 20, 2025 and closes on Feb 24, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Swasth Foodtech India Limited IPO is 115,87,600 shares(aggregating up to ₹14.92 Cr).
Ans. The Swasth Foodtech India Limited IPO price band is set between ₹94 per equity share.
Ans. To apply for Swasth Foodtech India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Swasth Foodtech India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Swasth Foodtech India Limited IPO is Feb 25, 2025.
Ans. The Swasth Foodtech India Limited IPO will be listed on Feb 28, 2025.
Ans. Follow the steps to check the Swasth Foodtech India Limited IPO allotment status online.
