Swasth Foodtech India Limited IPO : A SME IPO of 15 crore will open this week, check important facts before applying

Swasth Foodtech India Limited IPO

Swasth Foodtech India Limited, established in 2021, specializes in processing edible rice bran oil, catering to oil manufacturers and packers. The company is set to launch its Initial Public Offering (IPO) to raise approximately ₹14.92 crore.   IPO Details

• Price Band: ₹94 per equity share.
• Lot Size: Minimum application of 1,200 shares, totaling ₹1,12,800.
• Issue Size: Approximately ₹14.92 crore.
• Face Value: ₹10 per equity share.
• Listing: BSE SME.

IPO Timeline:

• Open Date: February 20, 2025.
• Close Date: February 24, 2025.
• Basis of Allotment: February 25, 2025.
• Refunds: February 27, 2025.
• Credit to Demat Account: February 27, 2025.
• Listing Date: February 28, 2025.

Promoters and Shareholding: The promoters of Swasth Foodtech India Limited are:

1. Dilip Chhajer
2. Shrey Jain
3. Lakshay Jain
4. Vandana Chhajer
5. Chhajer Agro Products Private Limited
6. Dilip Chand Chhajer (HUF)

Pre-issue, the promoters hold 100% of the company’s equity shares. Post-issue, their combined holding will be approximately 72.90%. Use of Proceeds: The funds raised through the IPO will be utilized for:

1. Setting up a packing line at the existing manufacturing unit.
2. Funding working capital requirements.
3. General corporate purposes.

Company Overview: Swasth Foodtech India Limited processes edible rice bran oil, known for its heart-healthy properties, high smoke point, and neutral flavor. The company operates on a B2B model, supplying bulk oil to manufacturers, packers, and repackers. Additionally, it markets and sells byproducts such as fatty acids, gums, spent earth, and wax. Application Process: Investors can apply for the IPO through:

• UPI (Unified Payments Interface): Available via participating banks and brokers.
• ASBA (Application Supported by Blocked Amount): Through net banking facilities of banks offering ASBA services.

Listing Details: The equity shares of Swasth Foodtech India Limited are proposed to be listed on the BSE SME platform. Contact Information:

• Company Address: Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141.
• Phone: +91 890 073 8769.
• Email: info@swasthfoodtech.com.
• Website: www.swasthfoodtech.com.
• Registrar: Mas Services Limited.
• Phone: (011) 2610 4142.
• Email: ipo@masserv.com.
• Website: www.masserv.com.
• Lead Manager: Horizon Management Private Limited.
• Address: 19 R N Mukherjee Road, Main Building, 2nd Floor, Kolkata West Bengal – 700001.
• Phone: 46000607.

Important Dates:

• Issue Open Date: February 20, 2025.
• Issue Close Date: February 24, 2025.
• Listing Date: February 28, 2025.

For more detailed information, refer to the company’s official website or consult the Red Herring Prospectus (RHP). swasth foodtech india rhp

Disclaimer:

This blog is written only for educational and news purposes, investing in SME IPO is very risky take the independent advice from your financial advisor before investing. Here we are giving the information only about the company’s performance.