Swasth Foodtech India Ltd IPO

About Swasth Foodtech India Ltd

Swasth Foodtech India Limited (the Company) was originally incorporated under the name `Swasth Foodtech India Private Limited', pursuant to a certificate of incorporation dated February 2, 2021 issued by the Deputy Registrar of Companies, Registrar of Companies, Central Registration Centre. Further, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in their meeting held on January 27, 2024 and by the Shareholders in an Extraordinary General Meeting held on February 21, 2024 and a fresh certificate of incorporation dated May 20, 2024 was issued by the Registrar of Companies, Central Registration Centre. Consequent to the conversion of our Company, the name of our Company was changed to `Swasth Foodtech India Limited'.

Edible oils and Fats are essential ingredients for a wholesome and balanced diet and they are vital items of mass consumption. The Department of Food and Public Distribution deals with issues related to the Vegetable Oil Processing Industries, Price Control, Inter State trade & commerce and also supply & distribution of vanaspati, oilseeds, vegetable oil, cakes and fats. The Directorate of Sugar and Vegetable oils is staffed with qualified technical people who assist the Ministry in the coordinated management of Vegetable Oils Policy, particularly relating to production/availability and monitoring of prices.

We are in the business of processing of edible rice bran oil from crude oil, for sale to edible oil manufacturers and packers. We manufacture various edible rice bran oil under various grades and colours, based on the requirement of our customers. We believe that edible rice bran oil is healthier than the other options available in the market, on account of it having an ideal balance of polyunsaturated fats and monounsaturated fats, in almost a 1:1 ratio. Since edible rice bran oil is made from edible rice bran, it is rich in Vitamin E, an antioxidant and Oryzanol. Edible rice bran oil is a healthy oil extracted from the germ and inner husk of edible rice kernels. It has gained popularity in recent years due to its numerous health benefits. The advantages of edible rice bran oil include support heart-healthy; high smoke point makes it a good choice for stir-frying, sauteing, and other high-heat cooking methods; and Neutral flavor makes it a versatile edible oil that can be used in a variety of dishes. We have crafted our business model in such a manner that we market and sell, our finished products, being edible rice bran oil, as well as the residue and the byproducts generated while processing our products. Therefore, we market and sell, fatty acid, gums, spent earth and wax in the open market.

Strengths

Risk

Strategy