Rahul Khanna
Swasth Foodtech India Limited IPO is inaugural for subscription on February 20, 2025, and will run until February 24, 2025. This is an SME IPO that is rising ₹14.92 crore through a fresh issue of 15.88 lakh equity shares. The Swasth Foodtech IPO allotment date will be settled on Tuesday, February 25, 2025. Swasth Foodtech shares may be listed on BSE SME on Friday, February 28, 2025.
Swasth Foodtech IPO has set the price at ₹94 per share, where the minimum number of bonds or the lot size is 1,200, indicating the minimum investment prerequisite for retail investors as ₹1,12,800. The minimum lot size and investment amount for the HNIs is two lots, which amounts to a minimum investment of ₹2,25,600. In this blog, we will be talking about Swasth Foodtech India Limited’s IPO.
Swasth Foodtech IPO Details
| IPO Open Date: | February 20, 2025 |
| IPO Close Date: | February 24, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹94 Per Share |
| Issue Size: | Approx ₹14.92 Crores |
| Fresh Issue: | Approx ₹14.92 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
About Swasth Foodtech India Limited
Founded in 2021, Swasth Foodtech India Limited processes rice bran oil, which it sells to oil producers and packers. The company produces high-quality rice bran oil, rich in Vitamin E and Oryzanol, making it a heart-healthy choice for cooking. It also sells byproducts like fatty acids, gums, wax, and spent earth.
With a fully mechanical facility in Purba Burdwan, West Bengal, the company refines up to 125 MT of oil per day. It plans to expand by setting up a packing unit to sell its own and third-party brands.
Swasth Foodtech is launching an IPO through a fixed issue size of ₹14.92 crore, comprising a fresh issue of 15.88 lakh shares. The subscription window will open on February 20, 2025, and close on February 24, 2025. The allotment is probable to be finalized on February 25, 2025, with a tentative listing date set for February 28, 2025, on the BSE SME platform.
The IPO is priced at ₹94 per share through a minimum application lot size of 1,200 shares. Retail depositors must invest at least ₹1,12,800, while high-net-worth individuals (HNIs) need a minimum of two lots (2,400 shares), amounting to ₹2,25,600.
Horizon Management Private Limited is the book-running lead manager for this IPO, while Mas Services Limited is handling the registrar duties. Giriraj Stock Broking Private Limited has agreed to be the market maker for the issue. Investors looking for detailed visions should refer to the Swasth Foodtech IPO Red Herring Prospectus (RHP) before making investment decisions.
Swasth Foodtech IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
Funds will be used to set up a new filler line at the existing unit, improving efficiency and making capacity.
A portion of the proceeds will support day-to-day working capital needs, ensuring smooth business actions and growth. The remaining funds will be used for general corporate purposes.
Contact Details of Swasth Foodtech IPO
- Registered office: Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141, West Bengal, India
- Phone: +91 890 073 8769
- E-mail: cs@swasthfoodtech.com
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