Fixed Price IPO | ₹15 Cr | Listed at BSE SME | Thu, Feb 20, 2025 - Mon, Feb 24, 2025
Swasth Foodtech IPO is a fixed price issue of ₹14.92 crores. The issue is entirely a fresh issue of 0.16 crore shares of ₹14.92 crore.
Swasth Foodtech IPO bidding started from Feb 20, 2025 and ended on Feb 24, 2025. The allotment for Swasth Foodtech IPO was finalized on Feb 25, 2025. The shares got listed on BSE SME on Feb 28, 2025.
Swasth Foodtech IPO price is ₹94 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,12,800 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,25,600.
Horizon Management Pvt.Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Swasth Foodtech IPO RHP for detailed Information.
IPO Open
Thu, Feb 20, 2025
IPO Close
Mon, Feb 24, 2025
Issue Price
₹94 per share
Market Cap (Pre-IPO)
₹55.06 Cr
| IPO Date | 20 to 24 Feb, 2025 |
| Listed on | Fri, Feb 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹94 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 15,87,600 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 80,400 shares Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹0.7558 Cr) |
| Fresh Issue (Ex Market Maker) | 15,07,200 shares (agg. up to ₹14 Cr) |
| Net Offered to Public | 15,07,200 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 42,69,682 shares |
| Share Holding Post Issue | 58,57,282 shares |
| BSE Script Code | 544368 |
| ISIN | INE0TIR01017 |
Swasth Foodtech IPO comprises a total issue size of 15,87,600 shares. The net offer to the public is 15,07,200 shares, after excluding 80,400 shares allotted on a firm basis. Of the Net offer 7,53,600 (50.00%) allocated to NII 7,53,600 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,53,600 | 50.00% | 47.47% |
| Retail Shares Offered | 7,53,600 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 80,400 | 5.06% | |
| Total Shares Offered | 15,87,600 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,12,800 |
| Retail (Max) | 1 | 1,200 | ₹1,12,800 |
| HNI (Min) | 2 | 2,400 | ₹2,25,600 |
Incorporated in 2021, Swasth Foodtech India Limited is engaged in processing rice bran oil for sale to oil manufacturers and packers.
The company produces various grades of rice bran oil, rich in Vitamin E and Oryzanol, offering heart-healthy benefits, high smoke point, and versatile, neutral flavor for cooking.
The company markets and sells rice bran oil, along with byproducts like fatty acids, gums, spent earth, and wax, generated while processing its products in the open market.
The company’s facility includes a refining unit for bulk rice bran oil production. It plans to use proceeds to set up a packaging unit for its own and third-party brands, targeting small retailers.
The company operates a zero-waste unit, reusing or selling by-products like gums, wax, and fatty acids. Its fully automated, high-grade stainless steel facility efficiently refines oil and extracts by-products.
As of September 30, 2024, the company has 17 employees.
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 36.91 | 31.84 | 30.59 | 12.65 |
| Total Income | 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 | 3.00 |
| Reserves and Surplus | 3.80 | 1.97 | 0.04 | 0.01 |
| Total Borrowing | 23.60 | 23.39 | 23.82 | 7.92 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a packing line at our existing manufacturing unit | 3.30 |
| 2 | Funding of working capital requirements of the Company | 7.50 |
| 3 | General corporate purposes | 2.20 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.97% |
| ROCE | 13.48% |
| Debt/Equity | 3.75 |
| RoNW | 30.97% |
| PAT Margin | 1.44% |
| Price to Book Value | 6.43 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.53 | 6.25 |
| P/E (x) | 20.77 | 15.05 |
| Promoter Holding | 100% | 72.9% |
| Market Cap | ₹55.06 Cr. |
The Swasth Foodtech IPO is subscribed 7.83 times on February 24, 2025 6:19:54 PM (Day 3). The public issue subscribed 13.12 times in the retail category, [.] times in the QIB category, and 2.53 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 2.53 | 7,53,600 | 19,06,800 | 0 |
| Retail | 13.12 | 7,53,600 | 98,90,400 | 0 |
| Total | 7.83 | 15,07,201 | 1,17,97,200 | 14,662 |
Total Application : 14,662
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses | 0.88 |
| 2 | Marketing and Selling Commission and expenses | 0.75 |
| 3 | Advertising and marketing expenses | 0.10 |
| 4 | Printing and distribution of issue stationery | 0.02 |
| 5 | Listing fees | 0.01 |
| 6 | BSE processing fees | 0.01 |
| 7 | ASBA software fees | 0.02 |
| 8 | Other regulatory expenses | 0.05 |
| 9 | Miscellaneous | 0.10 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹94.00 |
| Open | ₹94.00 |
| Low | ₹89.30 |
| High | ₹94.00 |
| Last Trade | ₹89.30 |
Lead Manager Reports
Swasth Foodtech IPO is a SME IPO of 15,87,600 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹94 per share. The minimum order quantity is 1200.
The IPO opens on Thu, Feb 20, 2025, and closes on Mon, Feb 24, 2025.
MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Swasth Foodtech IPO using UPI as a payment gateway. Zerodha customers can apply in Swasth Foodtech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Swasth Foodtech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Swasth Foodtech IPO opens on Thu, Feb 20, 2025 and closes on Mon, Feb 24, 2025.
Swasth Foodtech IPO lot size is 1200, and the minimum amount required for application is ₹1,12,800.
You can apply in Swasth Foodtech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Swasth Foodtech IPO will be done on Tuesday, February 25, 2025, and the allotted shares will be credited to your demat account by Thu, Feb 27, 2025. Check the Swasth Foodtech IPO allotment status.
The Swasth Foodtech IPO listing date is on Fri, Feb 28, 2025.
