Swasth Foodtech India Limited is coming up with an IPO with a fresh issue of 15,87,600 shares worth INR 14.92 crores. The company aims to establish a packing line, meet working capital needs, and support growth.
Swasth Foodtech IPO – Important Dates
Swasth Foodtech India Limited IPO Date | February 20, 2025 to February 24, 2025 |
Swasth Foodtech India Limited IPO Listing Date | Feb 28, 2025 |
Swasth Foodtech India Limited IPO Price | INR 94 per share |
Swasth Foodtech India Limited IPO Lot Size | 1,200 share |
Swasth Foodtech India Limited IPO Total Issue Size | INR 14.29 crores |
Swasth Foodtech India Limited IPO Basis of Allotment | Feb 25, 2025 |
Swasth Foodtech India Limited IPO Initiation of Refunds | Feb 27, 2025 |
Swasth Foodtech India Limited IPO Credit of Shares to Demat | Feb 27, 2025 |
Swasth Foodtech India Limited IPO Issue Type | Fixed Price Issue IPO |
Swasth Foodtech India Limited IPO Listing At | BSE SME |
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Swasth Foodtech India Limited IPO – Company Profile
Swasth Foodtech India Limited processes and sells rice bran oil, promoting its health benefits while marketing byproducts like fatty acid, gums, spent earth, and wax, ensuring a sustainable and profitable business model.
Committed to excellence, Swasth Foodtech India Limited maintains strict quality control with in-house and third-party testing. This ensures regulatory compliance, production efficiency, and minimal wastage across raw materials, finished products, and byproducts.
With a zero-waste approach, Swasth Foodtech India Limited efficiently processes crude rice bran oil, reuses byproducts, and leverages automation to maximise raw material utilisation, enhance productivity, and maintain cost-effectiveness.
Swasth Foodtech India Ltd Fundamental Analysis
Swasth Foodtech India Limited’s financial analysis reveals a mixed performance. Revenue showed strong growth, supported by rising equity, improved profitability, higher EPS, and RoNW, though slower inventory turnover hints at potential efficiency challenges.
- Revenue Trend: The revenue increased from ₹9,989.64 lakhs in March 2023 to ₹13,324.98 lakhs in March 2024. The revenue for the current year’s 6-month period ending September 2024 is INR 8,828.96 lakhs.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing.
- Profitability: The profit after tax (PAT) increased from ₹2.69 lakh in March 2023 to ₹193.24 lakh in March 2024, boosting investor confidence. The profit for the period ending September 2024 is ₹182.94 lakh.
- Earnings per Share (EPS): The diluted EPS increased from ₹0.09 in March 2023 to ₹5.03 in March 2024, reflecting higher earnings per share for investors. The diluted EPS for the period ending September 2024 is ₹4.28.
- Return on Net Worth (RoNW): The RoNW has reduced from 0.89% to 22.67%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
- Inventory Turnover Ratio: There’s a significant decrease in the Inventory Turnover Ratio, which might suggest slower sales or inefficient inventory management.
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Swasth Foodtech IPO Financial Analysis
Particular | As of 31 March 2023 | As of 31 March 2024 | As of 30 September 2024 |
Revenue (₹ in lakhs) | 9,989.64 | 13,324.98 | 8,828.96 |
Equity (₹ in lakhs) | 302.89 | 624.04 | 806.98 |
Expenses (₹ in lakhs) | 9,972.73 | 13,216.36 | 8,642.38 |
Profit and Loss After Tax (₹ in lakhs) | 2.69 | 193.24 | 182.94 |
Diluted EPS only (₹) | 0.09 | 5.03 | 4.28 |
Return on Net Worth (%) | 0.89 | 30.97 | 22.67 |
NAV per Equity Share (₹) | 10.13 | 14.62 | 18.90 |
Total Assets (in lakhs) | 3,059.20 | 3,183.96 | 3,691.44 |
Total Liabilities (in lakhs) | 2,756.31 | 2,559.92 | 2,884.46 |
Debt-Equity Ratio | 7.87 | 3.75 | 2.92 |
Current Ratio (in times) | 0.84 | 0.95 | 1.01 |
Inventory Turnover Ratio | 13.49 | 8.21 | 4.65 |
Swasth Foodtech India Limited IPO Peer Comparison
Swasth Foodtech India Limited shows strong standalone performance. At the same time, Halder Ventures Limited and Sarveshwar Foods demonstrate robust consolidated figures, with Halder having a higher profit and Sarveshwar showing lower earnings and efficiency.
Company | Type of Financial | Revenue from Operations (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) | RoNW (%) | NAV (Per Share) |
Swasth Foodtech India Limited | Standalone | 13,324.98 | 10 | NA | 5.03 | 30.97 | 14.62 |
Halder Ventres Limited | Consolidated | 64,365.68 | 10 | 11.70 | 36.92 | 19.66 | 204 |
Sarveshwar Foods | Consolidated | 86,959.29 | 10 | 37.20 | 0.17 | 6.64 | 2.95 |
Swasth Foodtech India Ltd Objective
The main objective of Swasth Foodtech India Limited is to set up a packing line at the company’s existing manufacturing unit and fund its working capital requirements.
- Setting up a packing line at its existing manufacturing unit: The company intends to utilise INR 3.30 crores from the proceeds to set up a packing line at the Burdwan unit, expand its product portfolio, and enhance its brand presence in the domestic market.
- Funding the company’s working capital requirements: The company plans to utilise INR 7.50 crores from the proceeds for working capital, with INR 2 crores allocated for Fiscal 2025 and INR 5.50 crores for Fiscal 2026 to support growth and profitability.
- General Corporate Purposes: The company will deploy INR 2.20 crores for strategic initiatives, general procurement, brand building, strengthening marketing activities, and addressing ongoing corporate exigencies or other purposes to support growth and operational efficiency.
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Swasth Foodtech IPO Risks And Challenges
Swasth Foodtech India Limited’s risk includes reliance on customer relationships, absence of long-term agreements, regional concentration, potential market challenges, and limited operating history, which may affect order fulfilment, product quality, revenue, and strategic decisions.
- Their business depends on customer relationships for rice bran oil processing and sales. Without long-term agreements or exclusive distributors, any loss or reduction in orders, market shifts, or failure to adapt could significantly impact revenue.
- The company’s concentration in select regions exposes it to potential challenges like laws, policies, and competition changes. Expanding into new markets may also present obstacles due to local players, regulations, and industry practices.
- The company’s limited operating history may hinder its ability to manage manufacturing risks, fulfil orders timely, and maintain product quality. Inexperience and insufficient historical data may impact strategic decisions, affecting business performance and prospects.
Swasth Foodtech India Ltd – Industry & Market Potential
Price pressures on oils and fats have eased since June 2022, with global prices declining, export bans lifted, and government measures like reducing import duties (17.5% to 12.5% on palm oil) and zero-duty extension until March 2024.
Rice production in 2022-23 reached a record 1,357.55 Lakh tonnes, up 4.85% from the previous year. Rice bran oil output is expected to hit 1.05 million tonnes in 2023, up from 950,000 tonnes in 2021.
Ethanol, a key biofuel, is essential for the 20% ethanol blending target by 2030. The industry’s value will surge by over 500% by 2025, with increasing distillation capacities from sugarcane and maize, enhancing ethanol production.
Swasth Foodtech India Limited IPO – Type of Offer
Swasth Foodtech India Limited is coming up with an IPO with a fresh issue of 15,87,600 shares worth INR 14.92 crores. The company aims to establish a packing line, meet working capital needs, and support growth.
Swasth Foodtech IPO Offer Size
The offer size of Swasth Foodtech India Limited is INR 14.29 crores, consisting of a fresh issue of 15,87,600 shares. The company aims to establish a packing line, meet working capital needs, and support growth.
Swasth Foodtech India Limited IPO Allotment Structure
Swasth Foodtech India Limited’s allotment structure includes a category for Retail Individual Investors (RII) with investments below ₹2 lakhs, a category for other investors exceeding ₹2 lakhs, and a reservation of 80,400 shares for Market Makers.
- Retail Individual Investors (RII): These individual investors apply for shares with a total value of less than Rs.2 lakhs
- Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs.
- Market Makers Reservation: A certain percentage or number of shares is reserved for market makers. The company has set aside 80,400 shares for this purpose.
How to apply for the Swasth Foodtech India IPO?
To apply for the Swasth Foodtech India Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Swasth Foodtech India Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Swasth Foodtech India Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Swasth Foodtech India IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Swasth Foodtech India Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Swasth Foodtech India Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Swasth Foodtech India Limited IPO:
● Registrar’s Website: Visit the website of MAS Services Limited, the registrar of the Swasth Foodtech India Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Read more about Swasth Foodtech India IPO Allotment Status
Swasth Foodtech India Ltd IPO Offer Registrar
The registrar for the Swasth Foodtech India Limited IPO is MAS Services Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
MAS Services Limited
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II New Delhi- 110 020
Telephone: +91 112 638 7281/83, 114 132 0335
Facsimile: +91 112 638 7384
E-mail: [email protected]
Website: www.masserv.com
Swasth Foodtech IPO – FAQs
The allotment date of the Swasth Foodtech is Feb 25, 2025.
The price band of the issue is INR 94 per share.
3. What is the size of the Swasth Foodtech IPO?
The offer size of Swasth Foodtech India Limited is INR 14.29 crores, consisting of a fresh issue of 15,87,600 shares. The company aims to establish a packing line, meet working capital needs, and support growth.
The listing date of the Swasth Foodtech is Feb 28, 2025.
Swasth Foodtech is getting listed on the Bombay Stock Exchange (BSE) and the Small Medium Exchange (SME).
The open and close dates of Swasth Foodtech India Limited are February 20, 2025, and February 24, 2025.
To apply for the Swasth Foodtech India Limited IPO via Alice Blue, open a Demat and trading account, check the IPO details, place your bid within the price band, and submit your application. After the allotment, check your status to see if you received shares.
The Book Runner for the Swasth Foodtech is Horizon Management Private Limited.