Swasth Foodtech India came to market through an SME IPO that opened on 20 February 2025 and closed on 24 February 2025, and the shares listed on 28 February 2025 on BSE SME. The price band was ₹94 per share and one lot was 1200 shares, so the minimum application was ₹1,12,800. The issue size was ₹14.92 crore. The whole issue was fresh shares, so the money raised went to the company.
Mas Services Limited was the registrar to the issue, and Horizon Management Private Limited was the lead manager.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Incorporated in 2021, Swasth Foodtech India Limited is involved in processing rice bran oil for sale to oil manufacturers and packers. The company manufactures different grades of rice bran oil, high in Vitamin E and Oryzanol, providing heart-healthy benefits, high smoke point, and neutral, versatile flavor for cooking.
The company sells and markets rice bran oil, as well as byproducts such as fatty acids, gums, spent earth, and wax, produced while processing its products in the open market.The facility of the company has a refining unit for the production of bulk rice bran oil. It will utilize proceeds to establish a packaging unit for third-party and its own brands for small retailers.
The firm has a zero-waste unit, recycling or selling by-products such as gums, wax, and fatty acids. Its high-grade stainless steel, fully automated plant refines oil and recovers by-products efficiently.The firm has a production capacity of 125 MT per day and has a manufacturing plant in Purba Burdwan, West Bengal, strategically placed within India. Products: Rice Bran Oil:
The firm processes crude rice bran oil produced domestically, extracts by-products, and sells bulk oil to manufacturers, refiners, and wholesalers for health purposes. By-Products: The firm manufactures by-products such as fatty acids, wax, gums, and spent earth, which are utilized by soap, cosmetics, and animal feed industries. The firm has 17 employees as of September 30, 2024.
As described in the offer document.
| Metric | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Swasth Foodtech India IPO was a ₹14.92 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹94 per share with a lot size of 1,200 shares (₹1,12,800). The IPO was open from February 20 to February 24, 2025. Shares listed on BSE SME on February 28, 2025 at ₹94, in line with the issue price of ₹94. Mas Services Limited is the registrar. Horizon Management Private Limited is the book running lead manager.
The issue price of Swasth Foodtech India IPO is ₹94 per share (fixed price).
The lot size of Swasth Foodtech India IPO is 1200 shares.
The minimum investment for Swasth Foodtech India IPO is approximately ₹1,12,800 based on the issue price.
The allotment date of Swasth Foodtech India IPO is Feb 25, 2025.
You can check Swasth Foodtech India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Swasth Foodtech India IPO allotment status on Rupix for quick and easy access.
₹94 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,12,800. After listing, SME shares also trade in lots rather than one share at a time.
₹1,12,800, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 20 February 2025 and closed on 24 February 2025.
The basis of allotment was published on 25 February 2025 by Mas Services Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 28 February 2025 on BSE SME.
The issue size was ₹14.92 crore. The fresh issue was 15,87,600 shares (aggregating up to ₹14.92 crore).