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Swasth Foodtech IPO vs Tejas Cargo IPO

Comparison between Swasth Foodtech IPO and Tejas Cargo IPO.

IPO Details

Swasth Foodtech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Tejas Cargo IPO is a SME Bookbuilding proposed to list at NSE SME.

 Swasth Foodtech IPOTejas Cargo IPO
LogoSwasth Foodtech IPO LogoTejas Cargo IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.New Berry Capitals Pvt.Ltd.
RegistrarMAS Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.New Berry Capitals Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Swasth Foodtech IPO is up to ₹14.17 Cr whereas the issue size of the Tejas Cargo IPO is up to ₹100.54 Cr. The final issue price of Swasth Foodtech IPO is ₹94.00 per share and of Tejas Cargo IPO is ₹168.00 per share.

 Swasth Foodtech IPOTejas Cargo IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹160.00 per share
Issue Price (Upper)₹168.00 per share
Issue Price (Final)₹94.00 per share₹168.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares800 shares
Fresh Issue Size15,07,200 shares59,84,800 shares
Fresh Issue Size (Amount)up to ₹14.17 Crup to ₹100.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,07,200 shares59,84,800 shares
Issue Size Total (Amount)up to ₹14.17 Crup to ₹100.54 Cr

IPO Timetable

Swasth Foodtech IPO opens on Feb 20, 2025, while Tejas Cargo IPO opens on Feb 14, 2025. The closing date of Swasth Foodtech IPO and Tejas Cargo IPO is Feb 24, 2025, and Feb 18, 2025, respectively.

 Swasth Foodtech IPOTejas Cargo IPO
Anchor Bid DateFeb 13, 2025
Issue OpenFeb 20, 2025Feb 14, 2025
Issue CloseFeb 24, 2025Feb 18, 2025
Basis Of Allotment (Tentative)Feb 25, 2025Feb 19, 2025
Initiation of Refunds (Tentative)Feb 27, 2025Feb 20, 2025
Credit of Share (Tentative)Feb 27, 2025Feb 20, 2025
Listing date (Tentative)Feb 28, 2025Feb 24, 2025
Anchor Lockin End date 1Mar 21, 2025
Anchor Lockin End date 2May 20, 2025

Financials & KPIs

Swasth Foodtech IPO P/E ratio is 20.77, as compared to Tejas Cargo IPO P/E ratio of 22.35.

 Swasth Foodtech IPOTejas Cargo IPO
Financials

Swasth Foodtech India Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets36.9131.8430.5912.65
Total Income88.63134.3299.941.23
Profit After Tax1.831.930.030.01
Net Worth8.076.243.033
Reserves and Surplus3.81.970.040.01
Total Borrowing23.623.3923.827.92
Amount in ₹ Crore

Tejas Cargo India Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets294.29236
Total Income255.09422.59
Profit After Tax8.7513.22
Net Worth63.1655.45
Reserves and Surplus46.655.2
Total Borrowing206.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)72.9073.63
P/E Ratio20.7722.35
Market Cap₹55.06 Cr.₹401.40 Cr.
ROE30.97%38.62%
ROCE13.48%28.30%
Debt/Equity3.75
EPS₹4.53₹7.52
RoNW30.97%23.85%

Shares Offered

In the Swasth Foodtech IPO Retail Individual Investors (RII) are offered 7,53,600 shares while in Tejas Cargo IPO retail investors are offered 7,53,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Swasth Foodtech IPO and 11,84,800 shares in Tejas Cargo IPO.

 Swasth Foodtech IPOTejas Cargo IPO
Anchor Investor Reserveration0 shares17,75,200 shares
Market Maker Reserveration80,400 shares3,15,200 shares
QIB0 shares11,84,800 shares
NII7,53,600 shares8,88,800 shares
RII7,53,600 shares20,72,800 shares
Employee0 shares63,200 shares
Others
Total15,07,200 shares59,84,800 shares

Bids Received (Subscription)

Swasth Foodtech IPO subscribed 7.83x in total, whereas Tejas Cargo IPO subscribed 1.15x.

 Swasth Foodtech IPOTejas Cargo IPO
QIB (times)1.33x
NII (times)2.53x1.07x
Big NII (times)
Small NII (times)
RII (times)13.12x1.09x
Employee (times)
Other (times)
Total (times)7.83x1.15x