Swasth Foodtech IPO Details and Key Information
Swasth Foodtech IPO is set to open for subscription on February 19, 2025, and will close on February 21, 2025. This IPO follows a Fixed Price Issue format, aiming to raise approximately ₹14.92 crores. The issue consists entirely of a fresh issue amounting to ₹14.92 crores. The face value per equity share is ₹10.
The IPO is priced at ₹94 per share, with the allocation split as follows: Retail Investors – 50%, Non-Institutional Investors (NII) – 50%, and Qualified Institutional Buyers (QIB) – 0%. Post allotment, Swasth Foodtech IPO is scheduled to list on BSE SME on February 27, 2025. The allotment will be finalized on February 24, 2025.
Financial Performance
The company has shown significant financial growth, reporting a revenue of ₹133.25 crores in 2024, compared to ₹99.90 crores in 2023. Net profit also saw a rise from ₹0.03 crores in 2023 to ₹1.93 crores in 2024. Given the financial outlook, analysts suggest that this IPO may be a good long-term investment.
IPO Details at a Glance
- Open Date: February 19, 2025
- Close Date: February 21, 2025
- Face Value: ₹10 per share
- Issue Price: ₹94 per share
- Issue Size: ₹14.92 crores
- Fresh Issue: ₹14.92 crores
- Issue Type: Fixed Price Issue
- Listing Exchange: BSE SME
- Retail Quota: 50%
- NII Quota: 50%
Market Lot & Investment Requirement
Investors can apply for a minimum of 1,200 shares, which requires an investment of ₹1,12,800.
| Investor Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,12,800 |
| Retail (Max) | 1 | 1,200 | ₹1,12,800 |
| Small HNI | 2 | 2,400 | ₹2,25,600 |
Important Dates
| Event | Date |
|---|---|
| IPO Open | February 19, 2025 |
| IPO Close | February 21, 2025 |
| Allotment Finalization | February 24, 2025 |
| Refunds | February 25, 2025 |
| Credit to Demat | February 25, 2025 |
| Listing Date | February 27, 2025 |
Swasth Foodtech IPO Company Overview
Swasth Foodtech India is a notable player in the rice bran oil industry, known for its commitment to sustainability and innovation. The company specializes in extracting and refining crude rice bran oil, catering to various oil manufacturers and packers. Their products offer several health benefits, such as supporting heart health and high smoke point suitability for cooking. The company is also involved in producing byproducts like wax, fatty acids, and gums.
Financial Snapshot (₹ in Crores)
| Year | Revenue | Expense | Net Profit | Assets |
|---|---|---|---|---|
| 2022 | ₹1.23 | ₹1.21 | ₹0.01 | ₹12.65 |
| 2023 | ₹99.94 | ₹99.73 | ₹0.03 | ₹30.59 |
| 2024 | ₹134.32 | ₹132.16 | ₹1.93 | ₹31.84 |
| Sept 2024 | ₹88.63 | ₹86.42 | ₹1.83 | ₹36.91 |
Valuation Metrics (FY 2024)
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 30.97% |
| Return on Capital Employed (ROCE) | 13.48% |
| EBITDA Margin | 3.54% |
| Profit After Tax (PAT) Margin | 1.44% |
| Debt to Equity Ratio | 3.75 |
| Earnings Per Share (EPS) | ₹5.03 |
| Price-to-Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 30.97% |
| Net Asset Value (NAV) | ₹14.62 |
Comparison with Industry Peers Swasth Foodtech IPO
| Company | EPS | PE Ratio | RoNW % | NAV | Income (Cr.) |
|---|---|---|---|---|---|
| Halder Ventures Ltd | 36.92 | 20.5 | 19.66% | 186.67 | 643.66 |
| Sarveshwar Foods | 0.17 | 53.20 | 6.64% | 2.58 | 869.59 |
Objectives of the IPO
The company intends to use the IPO proceeds for:
- Setting up a new packing line at their current manufacturing unit.
- Working capital requirements to support growth.
- General corporate purposes.
Promoters of Swasth Foodtech
The promoters of the company include Dilip Chhajer, Shrey Jain, Lakshay Jain, Vandana Chhajer, Chhajer Agro Products Pvt. Ltd., and Dilip Chand Chhajer (HUF).
Registrar & Lead Manager
Registrar: Mas Services Limited
Website: www.masserv.com
Phone: +91 112 638 7281/83, 114 132 0335
Email: ipo@masserv.com
Lead Manager: Horizon Management Private Limited
Company Contact Details
Swasth Foodtech India Limited
Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141, West Bengal, India
Phone: +91 890 073 8769
Email: info@swasthfoodtech.com
Website: www.swasthfoodtech.com
FAQs
- What is the Swasth Foodtech IPO price?
The issue price is set at ₹94 per share. - When does the IPO open and close?
It opens on February 19, 2025, and closes on February 21, 2025. - What is the lot size for retail investors?
Retail investors must apply for a minimum of 1,200 shares worth ₹1,12,800. - When is the allotment date?
The allotment will be finalized on February 24, 2025. - When is the listing date?
The Swasth Foodtech IPO is scheduled to list on BSE SME on February 27, 2025. - How can investors apply for the IPO?
Investors can apply via ASBA online through their bank or UPI-supported stockbrokers. Offline applications through brokers are also an option.
Note: The IPO price band and date have been officially announced. The Grey Market Premium (GMP) updates will be available once trading begins.