| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹14.92 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹14.92 Cr |
| Fresh Issue | ₹14.17 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน94.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544368 |
| Registrar | MAS Services Ltd. |
| Lead Managers | Horizon Management Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2021, Swasth Foodtech India Limited is engaged in processing 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, offering heart-healthy benefits, high smoke point, and versatile, neutral flavor for cooking.
The company markets and sells rice bran oil, along with byproducts like fatty acids, gums, spent earth, and wax, generated while processing its products in the open market.
The company’s facility includes a refining unit for bulk rice bran oil production. It plans to use proceeds to set up a packaging unit for its own and third-party brands, targeting small retailers.
The company operates a zero-waste unit, reusing or selling by-products like gums, wax, and fatty acids. Its fully automated, high-grade stainless steel facility efficiently refines oil and extracts by-products.
As of September 30, 2024, the company has 17 employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Setting up of a packing line at existing manufacturing unit | 3.30 |
| 2 | Funding of Working Capital Requirement of the company | 7.50 |
| 3 | General Corporate Purposes | 2.20 |
| 4 | Issue expenses | 1.92 |
| Total | 14.92 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 36.91 | 31.84 | 30.59 | 12.65 |
| Total Income | 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 | 3.00 |
| Reserves and Surplus | 3.80 | 1.97 | 0.04 | 0.01 |
| Total Borrowing | 23.60 | 23.39 | 23.82 | 7.92 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.97% |
| ROCE | 13.48% |
| Debt / Equity | 3.75% |
| RoNW | 30.97% |
| PAT Margin | 1.44% |
| Price to Book Value | 6.43 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.53 | 6.25 |
| P/E (x) | 20.77 | 15.05 |
| Promoter Holding | 100% | 72.9% |
| Market Cap | โน55.06 Cr. | |