Swasth Foodtech India Ltd IPO

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.

Open Demat Account

50years

Swasth Foodtech India Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 15.88 LTBA₹ 7.54 L₹ 42.7 LBSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
20 Feb, 2524 Feb, 251200 TBA Fixed Price - SME28 Feb, 25

Swasth Foodtech India Ltd IPO Dates

  • 20 Feb 2025

    Opening date

  • 24 Feb 2025

    Closing date

  • 25 Feb 2025

    Basis of
    Allotment

  • 27 Feb 2025

    Initiation of
    Refunds

  • 27 Feb 2025

    Credit of
    Shares

  • 28 Feb 2025

    Listing date

Details

SectorType
SectorSolvent Extraction
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x00
NII0.78x753600590400
Retail4.44x7536003344400
Employee0x00
Total2.48x15876003934800

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Swasth Foodtech India Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations2.850.730.02
EBITDA3.541.250.02
PAT1.930.030.01
Total Assets20.2118.441.62
Share Capital4.272.992.99
Total Borrowings23.3022.628.03
Operating Activities (Net Cash)2.620.550.01
Investing Activities (Net Cash)0.000.00-10.68
Financing Activities (Net Cash)23.3022.628.03
Net Cashflow0.381.100.05

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

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.

Peer Comparison:

  • Halder Venture Ltd
  • Sarveshwar Foods Ltd

Swasth Foodtech India Ltd IPO Key Points

Strengths

  • Modern and strategically located manufacturing facilities.
  • Easy availability of crude oil around our manufacturing facility.
  • Arrangements with institutional oil manufacturers for supply of rice bran oil.
  • Quality Assurance and Quality Control of our products.
  • Well experienced management team with proven project management and implementation skills.

Risk

  • The company depends on a few customers for its products, for a significant portion of the company revenue, and any decrease in revenues or sales from any one of its key customers may adversely affect the company business and results of operations.
  • The company generates its major portion of sales from its operations in certain geographical regions. Any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.
  • The company has a limited operating history in respect of its products, which may make it difficult for investors to evaluate the company business and prospects.

Strategy

  • Setting up of a packing line at our existing manufacturing unit to focus on packing and selling our products in our own brand in small quantities.
  • Addition of unflower oil, mustard oil, soya oil and palm oil' as an additional products.
  • Diversifying and increasing penetration in markets.
  • Strengthen our marketing network.
  • Modern and strategically located manufacturing facilities.
  • Easy availability of crude oil around our manufacturing facility.
  • Arrangements with institutional oil manufacturers for supply of rice bran oil.
  • Quality Assurance and Quality Control of our products.
  • Well experienced management team with proven project management and implementation skills.

How To Apply for Swasth Foodtech India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Swasth Foodtech India Ltd's IPO offers shares for up to ₹ 0 L It begins on Feb 20, 2025 and ends on Feb 24, 2025.

The price of Swasth Foodtech India Ltd IPO ranges between NA to NA per share.

The Swasth Foodtech India Ltd IPO opens on Feb 20, 2025 and closes on Feb 24, 2025.

The allotment for the Swasth Foodtech India Ltd IPO will be finalised on Feb 25, 2025. The shares will be listed on BSE and NSE on Feb 28, 2025.

The minimum lot size for Swasth Foodtech India Ltd IPO is 1200 shares, priced between NA to NA per share.

The GMP (Grey Market Premium) of Swasth Foodtech India Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Swasth Foodtech India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Swasth Foodtech India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 20, 2025, and closes on Feb 24, 2025. The allotment is finalised on Feb 25, 2025.

To apply for the Swasth Foodtech India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.