Posted on February 21, 2025, by Niftynews
Swasth Foodtech IPO is gearing up for its initial public offering, which will open for subscription on February 20, 2025, and close on February 24, 2025. The company aims to raise approximately ₹14.92 crores through the IPO, consisting of a fresh issue of ₹14.92 crores. The issue will be a Fixed Price Issue with an IPO price band of ₹94 per equity share. The retail quota is set at 50%, and the HNI quota is also 50%. The IPO will be listed on BSE SME on February 28, 2025, and the allotment date is scheduled for February 25, 2025.
Swasth Foodtech IPO Key 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: ₹14.92 Crores
- Fresh Issue: ₹14.92 Crores
- Issue Type: Fixed Price Issue
- Listing on: BSE SME
- Retail Quota: 50%
- HNI Quota: 50%
Swasth Foodtech IPO Market Lot and Application
The minimum market lot for the Swasth Foodtech IPO is 1,200 shares, with an application amount of ₹1,12,800. Here’s a breakdown of the market lot details:
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,200 | ₹1,12,800 |
| Retail Maximum | 1 | 1,200 | ₹1,12,800 |
| S-HNI Minimum | 2 | 2,400 | ₹2,25,600 |
Swasth Foodtech IPO Dates
- IPO Open Date: February 20, 2025
- IPO Close Date: February 24, 2025
- Basis of Allotment: February 25, 2025
- Refunds: February 27, 2025
- Credit to Demat Account: February 27, 2025
- IPO Listing Date: February 28, 2025
Swasth Foodtech IPO Financial Performance
Swasth Foodtech reported revenue of ₹133.25 crores in 2024, compared to ₹99.90 crores in 2023. The company saw a significant jump in its profit after tax (PAT), from ₹0.03 crores in 2023 to ₹1.93 crores in 2024. Here’s a look at the company’s financials:
| Period Ended | Revenue (₹ Crores) | Expense (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 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 |
Swasth Foodtech Valuation (FY2024)
- Earnings Per Share (EPS): ₹5.03
- Price/Earnings (P/E) Ratio: N/A
- Return on Net Worth (RoNW): 30.97%
- Net Asset Value (NAV): ₹14.62
- Debt to Equity Ratio: 3.75
Swasth Foodtech IPO Objects of the Issue
The funds raised from the Swasth Foodtech IPO will be utilized for the following purposes:
- Setting up a packing line at the existing manufacturing unit.
- Funding working capital requirements.
- General corporate purposes.
Swasth Foodtech IPO Promoters
The promoters of Swasth Foodtech are:
- Dilip Chhajer
- Shrey Jain
- Lakshay Jain
- Vandana Chhajer
- Chhajer Agro Products Private Limited
- Dilip Chand Chhajer (HUF)
About Swasth Foodtech
Swasth Foodtech India is a leading company in the production of rice bran oil, known for its antioxidant properties. The company manufactures rice bran oil in various grades and colors, which is beneficial for heart health and suitable for cooking with a high smoke point. Swasth Foodtech also produces wax, fatty acids, and gums, contributing significantly to industrial growth and sustainability in the Asia Pacific region.
Swasth Foodtech IPO Peer Group Comparison
Here’s how Swasth Foodtech compares to its peers:
| Company | EPS | P/E Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Halder Ventres Ltd | 36.92 | 20.5 | 19.66% | ₹186.67 | ₹643.66 Cr. |
| Sarveshwar Foods | 0.17 | 53.20 | 6.64% | ₹2.58 | ₹869.59 Cr. |
Swasth Foodtech IPO Review
The Swasth Foodtech IPO is a book-built issue that presents an opportunity for long-term investors, particularly in the food and wellness sector. The company has shown growth in revenue and profits, and its expansion plans further strengthen its potential.
Recommendation: The IPO looks promising for long-term investors, considering the growth trajectory and the company’s focus on sustainable practices.
Swasth Foodtech IPO FAQs
Q1: What is Swasth Foodtech IPO?
The Swasth Foodtech IPO is an SME IPO offering ₹14.92 crores at a price band of ₹94 per equity share. It will be listed on BSE.
Q2: When is the Swasth Foodtech IPO open?
The IPO opens on February 20, 2025, and closes on February 24, 2025.
Q3: What is the IPO allotment date?
The IPO allotment date is February 25, 2025.
Q4: How can I apply for the Swasth Foodtech IPO?
You can apply via ASBA online or through UPI via your stockbroker.
Swasth Foodtech IPO Lead Managers and Registrar
- Lead Managers: Horizon Management Private Limited
- Registrar: Mas Services Limited
- Website: www.masserv.com
Swasth Foodtech Contact Information
- Company Address:
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
With all the essential details covered, Swasth Foodtech IPO presents an intriguing opportunity. Make sure to apply for the IPO before it closes on February 24, 2025, and stay tuned for allotment results on February 25, 2025.
