Incorporated in 2021, Swasth Foodtech India Limited specializes in processing rice bran oil, which is sold to oil manufacturers and packers. The company produces various grades of rice bran oil, known for its heart-healthy benefits due to its richness in Vitamin E and Oryzanol, along with a high smoke point and neutral flavor suitable for cooking. Additionally, Swasth Foodtech markets byproducts such as fatty acids, gums, spent earth, and wax, generated during the production process.
The company plans to utilize the IPO proceeds to establish a packaging unit for its own and third-party brands, targeting small retailers. Operating a zero-waste unit, Swasth Foodtech reuses or sells all byproducts, ensuring sustainable and efficient operations.
The Swasth Foodtech IPO is a fixed-price issue of Rs. 14.92 crores, comprising entirely of a fresh issue of 15.88 lakh shares. The bidding period for the IPO commenced on February 20, 2025, and concluded on February 24, 2025. The allotment of shares is expected to be finalized by Tuesday, February 25, 2025, with a tentative listing date on the BSE SME platform set for Friday, February 28, 2025.
The IPO price is set at ₹94 per share, with a minimum lot size of 1,200 shares, requiring retail investors to invest a minimum of ₹1,12,800. For High Net-Worth Individuals (HNIs), the minimum investment is 2 lots (2,400 shares), amounting to ₹2,25,600.
IPO Date | February 20, 2025 to February 24, 2025 |
Face Value | ₹10 per share |
Issue Price | ₹94 per share |
Lot Size | 1,200 Shares |
Total Issue Size | Approx ₹14.92 Crores |
Fresh Issue | Approx ₹14.92 Crores |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 42,69,682 shares |
Share Holding Post Issue | 58,57,282 shares |
The Swasth Foodtech IPO will open for bidding on February 20, 2025, and the subscription window will remain active until February 24, 2025. Investors can participate in the IPO during this period.
IPO Open Date | Thu, Feb 20, 2025 |
IPO Close Date | Mon, Feb 24, 2025 |
Tentative Allotment | Tue, Feb 25, 2025 |
Refunds | Thu, Feb 27, 2025 |
Credit of Shares to Demat | Thu, Feb 27, 2025 |
IPO Listing Date | Fri, Feb 28, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on February 24, 2025 |
Swasth Foodtech IPO Market Lot
The Swasth Foodtech IPO requires a minimum market lot of 1,200 shares, translating to an application amount of ₹1,12,800 for retail investors.
Application | 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 |