Swasth Foodtech IPO subscribed overall 7.83 times on the last day, a retail quota was subscribed over 13.12 times, NII was subscribed over 2.53 times, and QIB was 0.00 respectively.
Details About Swasth Foodtech IPO
Swasth Foodtech got approval from SEBI for an IPO of around ₹14.92 crores. Swasth Foodtech IPO is fully a fresh issue of ₹14.92 crores with a face value of Rs 10 each. Further, Swasth Foodtech had a set price band between ₹94 Per Share.
In Swasth Foodtech IPO 1,200 shares were in 1 lot size for retail minimum and maximum category as well. Moreover, 2400 shares were in 2 lot sizes for the S-HNI category.
To invest in Swasth Foodtech IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,12,800.
- SHNI (S-HNI): Minimum investment of ₹2,25,600.
Swasth Foodtech IPO’s Subscription Duration
Swasth Foodtech IPO was started on February 20, 2025, and closed on February 24th, 2025. The Swasth Foodtech IPO’s allotment date was February 25, 2025, and they received a refund on February 27, 2025. While Swasth Foodtech’s listing date is February 28, 2025.
Swasth Foodtech IPO funds deployment
- The company will utilize the funds to Set up a packing line at our existing manufacturing unit.
- The proceeds will be used for the company’s working capital requirements of our Company.
- While the remaining funds will be used for the General Corporate Purposes.
About Swasth Foodtech Company
Swasth Foodtech is one of the growing companies engaged in the business of processing rice bran oil from crude oil, for sale to oil manufacturers and packers. The company manufactures a wide range of rice bran oil that comes in different grades and colors according to the customer’s requirements. The company started to manufacture rice bran oil to provide a healthier option of oil to their customers extracted from the germ and inner husk of rice kernels with numerous benefits like supporting heart health, having a high smoke point suitable for stir-frying and sautéing, and a neutral flavor that makes it versatile for a wide range of dishes. The Swasth Foodtech portfolio consists of selling of main product, rice bran oil, and the leftover materials generated during the processing of products. As of now, the company operates in one manufacturing facility in the district of Purba Burdwan, in the State of West Bengal.
Financial Resort of the Swasth Foodtech Company
The company reported revenue of ₹133.25 crores in 2024 against ₹99.90 crores in 2023. The company reported a profit of ₹1.93 crores in 2024 against a profit of ₹0.03 crores in 2023.
