Swasth Foodtech IPO Logo

Swasth Foodtech IPO
GMP, Subscription, Price, Dates & Financial Details

Closed BSE SME

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…

Open Date

Thu, 20 Feb 2025

Close Date

Mon, 24 Feb 2025

Issue Price

₹ 94

Lot Size

1200

Issue Size

₹ 14.92 Cr

Minimum Investment

₹ 225,600 (2400 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

19 Feb ₹24 20 Feb ₹10 21 Feb ₹3 22 Feb ₹3 23 Feb ₹3 24 Feb ₹3

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Swasth Foodtech IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹14.92 Crore, comprising a fresh issue of 15.88 Lakh equity shares aggregating to ₹14.92 Crore.

The Swasth Foodtech IPO remained open for subscription from February 20, 2025, to February 24, 2025. The basis of allotment was finalized on February 25, 2025, and the company's shares were listed on BSE SME Platform on February 28, 2025.

The company had fixed the price at ₹94 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹225,600 (based on the upper price band) to apply for one lot.

Mas Services Limited served as the registrar to the issue. acted as the Book Running Lead Managers (BRLMs) to the issue.

With the successful completion of the IPO process, Swasth Foodtech India Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.

Swasth Foodtech IPO Timeline (Tentative)

IPO Open Date
Thu, 20 Feb 25
IPO Close Date
Mon, 24 Feb 25
Basis of Allotment
Tue, 25 Feb 25
Initiation of Refunds
Thu, 27 Feb 25
Credit of Shares to Demat
Thu, 27 Feb 25
Listing Date
Fri, 28 Feb 25 — NSE & BSE

Open Date

20 February 2025

Close Date

24 February 2025

Basis Of Allotment

25 February 2025

Listing Date

28 February 2025

IPO Subscription

Check Live Subscription →

The Swasth Foodtech IPO has received bids for 1,18,77,600 shares against 15,07,200 shares offered, resulting in an overall subscription of 7.88x. the NII category is subscribed 2.64x, Retail Investors 13.12x, and QIBs 0x.

QIB

0x

NII

2.64x

RII

13.12x

Total

7.88x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 7,53,600 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 7,53,600 shares (50%).

Category Shares Offered Shares Offered %
Non-Institutional753,60050%
Retail Investors753,60050%
Total1,507,200100%

Financials Details(₹ 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

Financials Performance

Company Revenue Vs Profit After Tax
89 2 30 Sep 2024 1 0 31 Mar 2022 100 0 31 Mar 2023 134 2 31 Mar 2024 Revenue PAT

Performance Indicators

4.53%

EPS Pre

Earnings per share before the IPO.

20.77

P/E Pre

IPO Offer Price ÷ EPS Pre.

6.25%

EPS Post

Expected earnings per share after the IPO..

15.05x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Swasth Foodtech India Limited KPI Information

Particular KPI as of Mar 31, 2024.
ROE % 30.97
ROCE % 13.48
Debt / Equity 3.75
RoNW % 30.97
Pat Margin % 1.44

Peers Comparison

No Peer Comparision Available

About Swasth Foodtech India Limited

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.

Swasth Foodtech IPO Promoters

  1. Dilip Chhajer, Shrey Jain
  2. Lakshay Jain
  3. Vandana Chhajer
  4. Chhajer Agro Products Private Limited 
  5. Dilip Chand chhajer (HUF)
Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

72.90%

Swasth Foodtech IPO Objective

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Setting up of a packing line at the existing manufacturing unit
  2. Funding of working capital requirements of the Company
  3. General Corporate Purposes

Swasth Foodtech India Limited Address / Contact Details

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

Face Value₹10 per share
Issue Price ₹ 94
Lot Size1200
Issue TypeFixed price IPO
Sale Type
Fresh Issue₹ 14.92 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 14.92 Cr
Listing AtBSE

Swasth Foodtech IPO Lot Size

The Swasth Foodtech IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,12,800 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,12,800.

Application Lots Shares Amount (₹)
Retail (Min)11,200112,800.00
Retail (Max)11,200112,800.00
S-HNI (Min)22,400225,600.00

Issue Reservation

  • NII — 50%
  • RII — 50%

Swasth Foodtech IPO Registrar

Mas Services Limited

011-2638 7281 82, 83

https://www.masserv.com

Check Allotment Status

Book Running Lead Managers

IPO Documents & Links

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Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Swasth Foodtech IPO?

Swasth Foodtech IPO is a Fixed price IPO with a total issue size of ₹14.92 crore. The Swasth Foodtech IPO price band is ₹94 to 94 per share. The Swasth Foodtech IPO subscription opens on Thu, Feb 20, 2025, and closes on Mon, Feb 24, 2025. The Swasth Foodtech IPO will be listed on the BSE. Mas Services Limited is the registrar for the Swasth Foodtech IPO.

When will the Swasth Foodtech IPO open for subscription?

The Swasth Foodtech IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025

What is Swasth Foodtech IPO Price Band?

Swasth Foodtech IPO Price Band is ₹94 to 94 per share.

What is Swasth Foodtech IPO Lot Size?

Swasth Foodtech IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹225600 based on the upper price band

What is the minimum investment for Swasth Foodtech IPO?

The minimum investment for Swasth Foodtech IPO is ₹225600, based on one lot of 1200 shares at the upper price band of ₹94 per share.

How to apply for Swasth Foodtech IPO?

Investors can apply for the Swasth Foodtech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Feb 24, 2025. The application amount remains blocked until the Swasth Foodtech IPO allotment is finalized.

What is Swasth Foodtech IPO Issue Size?

Swasth Foodtech IPO issue size is ₹14.92 crores.

What is the Swasth Foodtech IPO Allotment Date?

Swasth Foodtech IPO allotment date is Tue, Feb 25, 2025.

Who is the Swasth Foodtech IPO Registrar?

The registrar for Swasth Foodtech IPO is Mas Services Limited. Investors can go to Mas Services Limited website to check Swasth Foodtech IPO allotment status, refund processing, and other IPO-related information.

What is the Swasth Foodtech IPO GMP?

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 3.19% over the issue price.

Who is the Swasth Foodtech IPO Lead Manager?

The book-running lead managers (BRLMs) for the Swasth Foodtech IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Swasth Foodtech IPO Red Herring Prospectus (RHP).