Swasth Foodtech India
BSE SME₹112,800 / 1200 Shares
IPO Live Subscription Details (times)
IPO Details
Swasth Foodtech India IPO is priced between ₹94 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Mas Services Limited is managing the issue as the registrar.
The IPO bidding period opened on 20 Feb, 2025, and closed on 24 Feb, 2025. The allotment results will be announced on 25 Feb, 2025, with a tentative listing date set for 28 Feb, 2025.
The total issue comprises 115,87,600 shares, amounting to ₹14.92 Cr.
Swasth Foodtech India IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Feb 20, 2025 - Feb 24, 2025 | 28 Feb, 2025 | ₹10 Per Equity Share | ₹94 per equity share | - | Shares | - | BSE SME |
Swasth Foodtech India IPO Timeline
Issue Price
₹94 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Mas Services LimitedMarket Lot
1200 Shares (₹112,800/-)Lead Manager
Horizon Management Private LimitedIssue Size
115,87,600 shares(aggregating up to ₹14.92 Cr)Retail Portion
50%Subscription
7.87 timesSwasth Foodtech India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 31.84 | 134.32 | 1.93 | 6.24 | 1.97 | 23.39 |
| 31 Mar 23 | 30.59 | 99.94 | 0.03 | 3.03 | 0.04 | 23.82 |
| 31 Mar 22 | 12.65 | 1.23 | 0.01 | 3.0 | 0.01 | 7.92 |
All values are in ₹ Cr.
Swasth Foodtech India IPO Valuations
EPS PRE IPO ₹4.53/- | EPS POST IPO ₹6.25/- | PE PRE IPO 20.77 | PE POST IPO 15.05 | ROE 30.97% |
ROCE 13.48% | DEBT EQUITY 3.75 | RONW 30.97% | PAT MARGIN 1.44 | PRICE TO BOOK VALUE 6.43 |
About 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 IPO Subscription 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 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
Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141Mas Services Limited