Swasth Foodtech IPO
Open SmeCurrent GMP
₹3 (+3.19%)
Price Band
₹ 94 – 94
Lot Size
1200
Issue Size
₹14.92 Cr
Minimum Investment
₹225600 (2400 Shares)
Listing Date
28 February 2025
Subscription
7.88x
About the Company
Swasth Foodtech India Limited, originally incorporated as Swasth Foodtech India Private Limited on February 2, 2021, converted to a public limited company on January 27, 2024, and changed its name to its current title on May 20, 2024. The company specializes in processing rice bran oil from crude oil and manufactures various grades and colors of the oil, catering to oil manufacturers and packers. Rice bran oil is regarded for its health benefits, including a balanced ratio of polyunsaturated and monounsaturated fats, and high levels of Vitamin E and Oryzanol.
Swasth Foodtech markets and sells both its finished rice bran oil products and byproducts such as fatty acids, gums, spent earth, and wax in the open market. The company follows a B2B model, primarily selling in bulk to oil manufacturers, packers, and re-packers, allowing for high capacity utilization and improved production efficiency.
The company emphasizes quality control, with an in-house laboratory to test raw materials and finished products in compliance with regulatory standards such as FSSAI. It also conducts in-process testing to ensure product quality at each production stage. The company operates with a zero-waste approach, reusing or selling byproducts to third parties, and utilizes a fully automated manufacturing unit equipped with state-of-the-art machinery for efficient refining and extraction processes.
In summary, Swasth Foodtech focuses on producing high-quality rice bran oil and its byproducts while prioritizing efficiency, sustainability, and rigorous quality control measures.
Promoters
- Dilip Chhajer, Shrey Jain
- Lakshay Jain
- Vandana Chhajer
- Chhajer Agro Products Private Limited
- Dilip Chand chhajer (HUF)
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.90%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Setting up of a packing line at the existing manufacturing unit
- Funding of working capital requirements of the Company
- General Corporate Purposes
Address / Contact Info
Swasth Foodtech India Limited
Baro Chowmata Belari, Guskara,
Purba Burdwan, Bardhaman – 713 141,
West Bengal, India
Phone: +91 890 073 8769
Email: info@swasthfoodtech.com
Website: https://www.swasthfoodtech.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 20 February 2025
IPO Close Date
Monday, 24 February 2025
Basis of Allotment
Tuesday, 25 February 2025
Initiation of Refunds
Thursday, 27 February 2025
Credit of Shares to Demat
Thursday, 27 February 2025
Listing Date
Friday, 28 February 2025 — NSE & BSE
Important Dates
Open Date
20 February 2025
Close Date
24 February 2025
Basis Of Allotment
25 February 2025
Listing Date
28 February 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 36.91 | 31.84 | 30.59 | 12.65 |
| Revenue | 88.63 | 134.32 | 99.94 | 1.23 |
| Profit After Tax | 1.83 | 1.93 | 0.03 | 0.01 |
| Net Worth | 8.07 | 6.24 | 3.03 | 3 |
| Reserve & Surplus | 3.8 | 1.97 | 0.04 | 0.01 |
| Total Borrowings | 23.6 | 23.39 | 23.82 | 7.92 |
EPS Pre
4.53%
EPS Post
6.25%
P/E Pre
20.77
P/E (Post Issue)
15.05x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 30.97 |
| ROCE % | 13.48 |
| Debt / Equity | 3.75 |
| RoNW % | 30.97 |
| PbW | 0 |
| Pat Margin % | 1.44 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 753600 | 50 | 0 |
| Retail Investors | 753600 | 50 | 0 |
| Total | 1507200 | 100 | 0 |
Subscription Status ( Mon, 24 Feb 25 01:20 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 753600 | 1987200 | 2.64x |
| Retail Investors | 753600 | 9890400 | 13.12x |
| Total | 1507200 | 11877600 | 7.88x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 112,800.00 |
| Retail (Max) | 1 | 1,200 | 112,800.00 |
| S-HNI (Min) | 2 | 2,400 | 225,600.00 |
Book Running Lead Managers
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Swasth Foodtech IPO is a Fixed price IPO worth ₹14.92 crores. The price band is ₹94 to 94 per share. The IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025. It will be listed on BSE and NSE. Mas Services Limited is the registrar.
The Swasth Foodtech IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025
Swasth Foodtech IPO Price Band is ₹94 to 94.
Swasth Foodtech IPO lot size is 1200, and the minimum amount required for application is ₹225600.
The minimum investment for Swasth Foodtech IPO is approximately ₹225600 based on the upper price band.
To apply for the Swasth Foodtech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Feb 24, 2025. After submission, funds are blocked until the basis of allotment of Swasth Foodtech IPO is finalised.
Swasth Foodtech IPO issue size is ₹14.92 crores.
Swasth Foodtech IPO allotment date is Sat, Jun 27, 2026.
The registrar for Swasth Foodtech IPO is Mas Services Limited. Investors can go to Mas Services Limited website for IPO allotment status, refund processing, and other queries related to Swasth Foodtech IPO through their official website or helpline.
The Swasth Foodtech IPO GMP (Grey Market Premium) is ₹3 as of Mon, Feb 24, 2025. Based on the upper price band of ₹94 per share, the estimated Swasth Foodtech IPO listing price is ₹97, indicating a potential listing gain of approximately 31% over the issue price.