Swasth Foodtech India SME IPO Details, Financials, Valuation & Peers
Explore Swasth Foodtech India IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Swasth Foodtech India Limited is engaged in the processing and refining of rice bran oil, catering to oil manufacturers and packers across India. Established in 2021, the company has built a strong foundation in the B2B edible oil industry, supplying high-quality refined rice bran oil in bulk while also marketing its by-products, including fatty acids, gums, spent earth, and wax. With a state-of-the-art, fully automated manufacturing facility in Purba Burdwan, West Bengal, Swasth Foodtech operates with a daily refining capacity of 125 MT. The company ensures zero-waste production by reprocessing or selling all by-products generated during the refining process. Swasth Foodtech India Limited now plans to expand into branded retail sales by setting up an in-house packaging unit, allowing it to sell directly to retailers, warehousing agents, and end consumers.
Key Points:
- Core Business & Product Portfolio
- Specializes in processing crude rice bran oil into refined oil for sale to third-party brands and oil manufacturers.
- Plans to expand into branded packaging and direct retail sales to diversify revenue streams.
- Sells by-products like fatty acids, wax, and spent earth to maximize efficiency and revenue.
- Manufacturing & Infrastructure
- Refining unit in Purba Burdwan, West Bengal, strategically located near raw material sources.
- 125 MT per day refining capacity, ensuring large-scale production efficiency.
- Fully automated facility with stainless steel (SS 304) processing units, minimizing human intervention and enhancing hygiene standards.
- Quality & Compliance
- In-house laboratory and quality control division for testing raw materials and finished products.
- Adheres to FSSAI and other regulatory standards to ensure superior product quality.
- Third-party lab testing for additional quality assurance.
- Zero-Waste & Sustainable Operations
- Operates a zero-waste unit, where all by-products are either re-used or sold.
- Uses processed oil during refining to minimize wastage and improve cost efficiency.
- Growth & Expansion Plans
- Setting up a packaging unit for own-brand sales and third-party packaging services.
- Expansion into retail markets, aiming to reach small retailers and direct consumers.
- Focus on brand building and product diversification to strengthen market position.
IPO Docs
Objects of the Issue
- Setting up of a packing line at our existing manufacturing unit;
- Funding of working capital requirements of the Company
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 20 Feb - 24 Feb 2025 |
| IPO Price Band | ₹94 per share |
| Fresh Issue | 15,87,600 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹14.92 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 20 Feb 2025 |
| IPO Closing Date | 24 Feb 2025 |
| Basis Of Allotment | 25 Feb 2025 |
| Refunds | 27 Feb 2025 |
| Demat Transfer | 27 Feb 2025 |
| IPO Listing Date | 28 Feb 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 1.23 | 99.94 | 134.32 | 88.63 |
| Total Expenses | 1.21 | 99.73 | 132.16 | 86.42 |
| Net Profit/Loss | 0.01 | 0.03 | 1.93 | 1.83 |
| NPM (*) | 0.93 | 0.03 | 1.44 | 2.07 |
| Total Assets | 12.65 | 30.59 | 31.84 | 36.91 |
| Total Liabilities | 9.65 | 27.56 | 25.60 | 28.84 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 0.04 | 0.09 | 5.03 | 4.28 |
| ROE (%) | 0.38 | 0.89 | 30.97 | 22.67 |
| ROCE (%) | 0.22 | 5.11 | 13.48 | 9.79 |
| D/E Ratio | 2.64 | 7.87 | 3.75 | 2.93 |
| Current Ratio | 0.35 | 0.84 | 0.95 | 1.01 |
| EBITDA MARGIN (%) | 1.98 | 1.90 | 3.54 | 3.95 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Swasth Foodtech India Limited | 133.25 | 18.69 | 5.03 | 30.97 | 14.62 |
| Halder Ventres Limited | 643.66 | 11.70 | 36.92 | 19.66 | 204 |
| Sarveshwar Foods | 869.59 | 37.20 | 0.17 | 6.64 | 2.95 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 2.53 |
| Retail Individual Investor (RII) | 13.12 |
| Total | 7.83 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MAS Services Limited
Phone: +91 112 638 7281/83, 114 132 0335
Email: ipo@masserv.com
Website: www.masserv.com
Company Promoters
- DILIP CHHAJER, SHREY JAIN
- LAKSHAY JAIN, VANDANA CHHAJER
- CHHAJER AGRO PRODUCTS PRIVATE LIMITED
- DILIP CHAND CHHAJER (HUF)
Lead Managers
- Horizon Management Private Limited
Company Address
Swasth Foodtech India Limited
Baro Chowmata Belari, Guskara, Purba Burdwan, Bardhaman – 713 141, West Bengal, India
Phone: +91 890 073 8769
Email: cs@swasthfoodtech.com
Website: www.swasthfoodtech.com
FAQs
- What is the issue size of the Swasth Foodtech India SME IPO?The Swasth Foodtech India SME IPO has an issue size of ₹14.92 crore. This includes a fresh issue of 15,87,600 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Swasth Foodtech India IPO?The price band for the Swasth Foodtech India IPO is ₹94 per share.
- What are the bidding dates for the Swasth Foodtech India IPO?The Swasth Foodtech India IPO will open for bidding on 20 Feb 2025 and close on 24 Feb 2025.
- What is the allotment date for the Swasth Foodtech India IPO?The allotment date for the Swasth Foodtech India IPO is 25 Feb 2025.
- What is the minimum lot size and investment required for the Swasth Foodtech India IPO?The minimum lot size for the Swasth Foodtech India IPO is 1200 shares and the minimum investment required is ₹1,12,800.
- What is the listing date for the Swasth Foodtech India IPO?The listing date for the Swasth Foodtech India IPO is 28 Feb 2025.
- What is the Swasth Foodtech India IPO grey market premium?The grey market premium (GMP) for the Swasth Foodtech India IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.