Swasth Foodtech IPO Details
The key details of Swasth Foodtech India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹14.92 Cr |
| Price Range | ₹94 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,12,800 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 72.90% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Swasth Foodtech IPO Timelines
The IPO process for Swasth Foodtech India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
20/02/2025
Start Date24/02/2025
End Date27/02/2025
Refund Initiation27/02/2025
Credit of Shares to Demat Ac28/02/2025
Listing DateSwasth Foodtech IPO Lot Size
The Swasth Foodtech India IPO has a fixed lot size of 1,200 shares, at a price band of ₹94 per share, requiring ₹112,800 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹225,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,12,800 |
| Retail Maximum | 1 | 1200 | ₹1,12,800 |
| HNI Minimum | 2 | 2400 | ₹2,25,600 |
Swasth Foodtech IPO Subscription Status
The subscription status for Swasth Foodtech India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 2.53x | 13.12x | -- | 7.83x |
IPO Performance on Listing Day
On the listing day (February 28, 2025), Swasth Foodtech India made a flat debut on the stock exchange. The stock opened at ₹94, at par with its issue price. During the trading session, while unable to trade above its opening price, the stock faced selling pressure that pulled it down to ₹89.30. The shares ended their first trading day at ₹89.30, recording a decline of 5% from the issue price, suggesting a cautious market response to this food technology company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹94.00 | ₹89.30 | ₹94.00 | ₹89.30 |
Swasth Foodtech IPO Company Financials
Swasth Foodtech India reports robust performance in FY2024 with Total Income of ₹134.32 crores, managing expenses at ₹132.16 crores, and achieving a strong PAT (Profit After Tax) of ₹1.93 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹1.23 | ₹1.21 | ₹0.01 |
| FY 2023 | ₹99.94 | ₹99.73 | ₹0.03 |
| FY 2024 | ₹134.32 | ₹132.16 | ₹1.93 |
| FY 2025 (3 M) | ₹40.50 | ₹39.44 | ₹0.88 |
About Company
Swasth Foodtech India Limited, incorporated in 2021, specializes in processing rice bran oil and its by-products for sale to manufacturers and packers. The company offers a range of rice bran oil products, known for their heart-healthy benefits, high smoke point, and neutral flavor suitable for various cooking purposes. It also markets by-products such as fatty acids, gums, spent earth, and wax, generated during the oil processing. The company operates a fully automated, stainless steel facility with a production capacity of 125 metric tons per day, located in Purba Burdwan, West Bengal.
Swasth Foodtech plans to use proceeds to establish a packaging unit for both its own and third-party brands, targeting small retailers. Its zero-waste manufacturing approach focuses on reusing or selling by-products to other industries like soap, cosmetics, and animal feeds. As of September 30, 2024, the company employs 17 people and aims to expand its market presence by catering to the growing demand for healthy, versatile cooking oils and their associated by-products.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2021 | Agricultural | Dilip Chhajer |
Know Before Investing
Swasth Foodtech IPO Strengths
- Swasth Foodtech has a well-experienced management team with proven project management and implementation skills.
- The company has a strategic focus on producing high-quality rice bran oil, making it competitive.
- The company emphasizes quality assurance and quality control of its products.
- Swasth Foodtech has modern and strategically located manufacturing facilities.
- Proximity to crude oil sources enables a steady and cost-effective supply for rice bran oil processing.
- Established arrangements with institutional oil manufacturers ensure consistent demand and business stability.
- Swasth Foodtech manufactures various rice bran oils under various grades and colors, based on customer requirements. Their also market and sell byproducts like fatty acid, gums, spent earth and wax.
- The company believes that rice bran oil is a healthier option due to its balance of polyunsaturated and monounsaturated fats, Vitamin E, and Oryzanol.
- It manufactures rice bran oil in various grades and colors based on customer requirements, emphasizing its health benefits.
- Setting up of a packing line at the existing manufacturing unit to focus on packing and selling products under its own brand in small quantities.
Swasth Foodtech IPO Risks
- The company depends on a few customers for a significant portion of its revenue. Any decrease in revenues or sales from any one of the key customers may adversely affect its business and results of operations.
- The company generates a major portion of sales from its operations in certain geographical regions. Adverse developments affecting these regions could negatively impact revenue and results.
- Swasth Foodtech has a limited operating history, which may make it difficult for investors to evaluate the business and its prospects.
- Any disruptions in the working capital could significantly impact the financial health of the company.
- The company faces competition from other players in the rice bran oil industry.
- An economic downturn could adversely affect consumer spending.
- Significant differences exist between Ind AS and other accounting principles, which may materially affect investors’ assessments.
Swot Analysis for Swasth Foodtech IPO
Strengths
Modern facilities, Crude oil access, Quality control, Experienced management
Weaknesses
Limited operating history, Key customer dependence, Geographic concentration
Opportunities
Packing line setup, Product diversification, Market penetration, Market growth
Threats
Intense competition, Regulatory risks, Economic slowdown, Dependence on crude oil
Company Details
Swasth Foodtech India Limited
Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141
Phone: +91 890 073 8769
Email: [email protected]
Website: https://www.swasthfoodtech.com/
IPO Registar Details
Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp
FAQs
The key objectives of Swasth Foodtech IPO are:
- Setting up of a packing line at the existing manufacturing unit
- Funding of working capital requirements of the Company
- General Corporate Purposes
Horizon Management Private Limited is the book-running lead managers for the Swasth Foodtech IPO.
Swasth Foodtech IPO has strong growth potential, driven by rising demand for rice bran oil and increasing health consciousness among consumers. The company’s plans for expansion and a favorable market environment position it well for future profitability and market share growth.
The issue price for the Swasth Foodtech IPO is set to ₹94 per share.
To invest in one lot of Swasth Foodtech IPO, you need ₹1,12,800 at the fixed price band (₹94 per share) for a lot size of 1200 shares.
Swasth Foodtech IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on February 28, 2025.
Refund/unblocking of funds for Swasth Foodtech IPO will begin on February 27, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Swasth Foodtech IPO shares on listing day (February 28, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.