Swasth Foodtech IPO Live
Already have an account? Apply now
Schedule of Swasth Foodtech
| Issue open date | 20 Feb 2025 |
| Issue close date | 24 Feb 2025 |
| UPI mandate deadline | 24 Feb 2025 (5 PM) |
| Allotment finalization | 25 Feb 2025 |
| Refund initiation | 27 Feb 2025 |
| Share credit | 27 Feb 2025 |
| Listing date | 28 Feb 2025 |
| Mandate end date | 11 Mar 2025 |
| Lock-in end date for anchor investors (50%) | 27 Mar 2025 |
| Lock-in end date for anchor investors (remaining) | 26 May 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Swasth Foodtech
Swasth Foodtech India, incorporated in 2021, processes rice bran oil for sale to oil manufacturers and packers. The company produces various grades of rice bran oil, rich in Vitamin E and Oryzanol, known for heart-health benefits, a high smoke point, and a neutral flavor suitable for cooking. Operations follow a business-to-business (B2B) model, supplying bulk oil to manufacturers, packers, and repackers. A zero-waste approach ensures by-products like fatty acids, gums, wax, and spent earth are reused or sold in the open market.
The manufacturing facility, located in Purba Burdwan, West Bengal, has a refining capacity of 125 MT per day. The company plans to expand into retail packaging for its own and third-party brands, targeting small retailers. The facility is fully automated with high-grade stainless steel equipment for efficient refining and by-product extraction.
Financials of Swasth Foodtech
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹14.92 crores |
| Fresh Issue | ₹14.92 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital Expenditure | 3.30 (22.11%) |
| Working capital requirements | 7.5 (50.27%) |
| Issue related expenses | 1.92(12.87%) |
| General corporate purposes | 2.20(14.75%) |
Strengths
- Modern and strategically located manufacturing facilities enhance efficiency.
- Easy access to crude oil ensures cost-effective production.
- Strong relationships with institutional buyers secure repeat business.
- Quality assurance and control maintain high product standards.
- Experienced management team drives strategic decision-making and growth.
- Advanced processing technology improves operational efficiency and productivity.
- Ability to offer competitive pricing strengthens market position.
Risks
- Dependence on few customers may impact revenue and business stability.
- Limited geographic presence increases risk of regional economic downturns.
- No long-term supply agreements may affect raw material availability.
- Fluctuating commodity prices impact profitability and financial performance.
- Limited experience in retail packaging may challenge market expansion.
- Regulatory changes can affect operations and business compliance requirements.
- Market competition pressures could impact pricing and business growth.
Allotment Status for Swasth Foodtech
To check your allotment status – click here.
Subscription Figures for Swasth Foodtech
Subscription numbers as of 5:00 PM on 21 Feb 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| HNI (₹2L+) | 7.53 | 8.11 | 1.08x |
| Retail (upto ₹2L) | 7.53 | 50.98 | 6.77x |
| Total | 15.07 | 59.10 | 3.92x |