Swasth Foodtech India Limited (BSE SME)
Feb 20, 2025 - Feb 24, 2025
| Price | ₹94 - ₹94 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Feb 25, 2025 |
| Listing | Feb 28, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 112800 | 628 |
| HNI | 2 | 2400 | 225600 | 628 |
Last updated on 24-Feb-2025 17:35:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 753600 | 1987200 | 2.64 |
| Retail | 753600 | 9890400 | 13.12 |
| Total | 1507200 | 11877600 | 7.88 |
| Total Applications: 14662 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.3 | @8% ₹0.4 | @9% ₹0.4 | @10% ₹0.5 | @11% ₹0.5 | @12% ₹0.6 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 753600 |
| Other | 47.5% | 753600 |
| Market Maker | 5.06% | 80400 |
| Total No. of Shares | 100.0% | 1587600 |
Swasth Foodtech IPO Details
| Issue Size | 15,87,600 shares (aggregating up to ₹14.92 Cr) |
| Fresh Issue | 15,87,600 shares (aggregating up to ₹14.92 Cr) |
| 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 |
| Market Maker Portion | 80,400 shares |
| Market Maker | Giriraj Stock Broking |
Key Performance Indicator
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 22.67% | 30.97% | 0.89% |
| ROCE | 9.79% | 13.48% | 5.11% |
| RONW | 22.67% | 30.97% | 0.89% |
| D/E | 2.92 | 3.75 | 7.87 |
| EPS | 4.28 | 4.53 | 0.09 |
| P/E Pre IPO | 20.77 | ||
| P/E Pre IPO | 15.05 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 36.91 | 31.84 | 30.59 | 12.65 |
| Revenue | 88.63 | 134.32 | 99.94 | 1.23 |
| Profit After Tax | 1.83 | 1.93 | 0.03 | 0.01 |
| Net Worth | 8.07 | 6.24 | 3.03 | 3 |
| Reserves and Surplus | 3.8 | 1.97 | 0.04 | 0.01 |
| Total Borrowing | 23.6 | 23.39 | 23.82 | 7.92 |
About Company
Swasth Foodtech India Limited, originally incorporated as ‘Swasth Foodtech India Private Limited’ on February 2, 2021, was converted into a public limited company on May 20, 2024. The company is engaged in processing rice bran oil from crude oil, catering to oil manufacturers and packers. It manufactures rice bran oil in various grades and colors based on customer requirements, emphasizing its health benefits due to an ideal balance of polyunsaturated and monounsaturated fats (1:1 ratio), richness in Vitamin E, and Oryzanol content. With a high smoke point and neutral flavor, rice bran oil is suitable for various cooking methods. The company also markets and sells byproducts such as fatty acids, gums, spent earth, and wax. Swasth Foodtech India Limited operates a manufacturing facility in Purba Burdwan, West Bengal, with a production capacity of 125 MT per day and employs 17 people.
Strategically Located Manufacturing Facility – The company's plant in Purba Burdwan, West Bengal, ensures efficient operations and market accessibility.
Reliable Raw Material Supply – Proximity to crude oil sources enables a steady and cost-effective supply for rice bran oil processing.
Strong Institutional Partnerships – Established arrangements with institutional oil manufacturers ensure consistent demand and business stability.
IPO
Looks like avoid in this market conditions
Customer Concentration Risk – Dependence on a few key customers means any drop in their demand could significantly impact revenue.
Geographical Dependence – Major sales from specific regions make the company vulnerable to regional market fluctuations and disruptions.
Limited Operating History – A short track record makes it challenging for investors to assess long-term business sustainability and growth prospects.
Mas Services Limited
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp