Swasth Foodtech IPO - Day 3 Subscription at 5.13 Times

Swasth Foodtech's initial public offering (IPO) has demonstrated exceptional investor interest throughout its three-day subscription period. The ₹14.92 crore IPO has witnessed remarkable growth in demand, with subscription rates progressing steadily from 2.27 times on day one, strengthening to 3.92 times on day two, and reaching an impressive 5.13 times by 11:29 AM on the final day, showing robust investor confidence in this rice bran oil processor.

Swasth Foodtech IPO’s retail segment has emerged as the standout performer, with their portion being substantially oversubscribed at 8.82 times, demonstrating significant individual investor confidence in the company's business model and growth prospects. The Non-Institutional Investors (NII) have also shown steady interest with 1.43 times subscription, reflecting balanced participation across investor categories in this specialized food processing company.
 

Swasth Foodtech IPO’s overall response has been particularly strong, with total applications reaching 9,840. The cumulative bid amount of ₹72.62 crores against the modest issue size of ₹14.92 crores underscores the strong investor appetite for this offering in the rice bran oil processing sector. This substantial oversubscription reflects confidence in the company's zero-waste manufacturing model and its strategic position in the health-focused cooking oil segment.

Subscription Status of Swasth Foodtech IPO:

Here are the subscription details for Swasth Foodtech IPO as of Day 3 (February 24, 2025, 11:29 AM):

Note:
 

• "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
• The portions of anchor investors and market maker are not included in the total shares offered.

Swasth Foodtech IPO - Day 3 Subscription

Key Highlights:

• Overall subscription reaching an impressive 5.13 times demonstrating exceptional investor confidence
• Retail investors showing remarkable interest with 8.82 times subscription, indicating strong faith in business model
• NII segment achieving healthy 1.43 times subscription, showing institutional trust
• Total applications reaching 9,840, demonstrating broad-based retail participation
• Cumulative bid amount reaching ₹72.62 crores against ₹14.92 crore issue size
• Strong retail momentum with bids worth ₹62.46 crores
• Final day witnessing accelerated subscription growth
• Zero-waste manufacturing model attracting investor attention
• Health-focused product portfolio driving interest
• Strategic location advantages resonating with investors
• Market response validating business approach
• Manufacturing expertise drawing subscription
• Modern facility infrastructure supporting confidence
• Specialized segment positioning attracting interest

Swasth Foodtech IPO - Day 2 Subscription at 3.92 Times

Key Highlights:

• Overall subscription improving substantially to 3.92 times
• Retail portion showing strong growth to 6.77 times
• NII segment reaching 1.08 times demonstrating growing confidence
• Day two maintaining robust momentum
• Market response indicating increasing trust
• Manufacturing capabilities driving interest
• Product quality focus attracting participation
• Second day building on strong opening
• Institutional backing showing steady growth
• Strategic advantages supporting subscription
• Production efficiency drawing attention
• Business model validation continuing
• Operational excellence reflecting in interest
• Food processing expertise attracting investors

Swasth Foodtech IPO - Day 1 Subscription at 2.27 Times

Key Highlights:

• Overall subscription opening strongly at 2.27 times
• Retail investors beginning impressively at 3.86 times
• NII segment showing early interest at 0.68 times
• Opening day demonstrating robust response
• Initial momentum indicating market confidence
• Manufacturing expertise driving early interest
• First day setting strong foundation
• Market response suggesting significant potential
• Health segment focus attracting attention
• Day one establishing solid base
• Product portfolio generating interest
• Modern facilities drawing participation
• Opening momentum building rapidly
• Strategic positioning garnering attention

About Swasth Foodtech India Limited

Swasth Foodtech India Limited, established in 2021, has rapidly emerged as a specialized processor of rice bran oil, operating a state-of-the-art manufacturing facility in Purba Burdwan, West Bengal. The company's strategic location in India's rice belt enables efficient sourcing of raw materials, while their modern facility, with a production capacity of 125 MT per day, demonstrates their commitment to quality and efficiency through fully automated, high-grade stainless steel processing equipment.

Their business model exemplifies sustainability through a zero-waste approach, where the company not only produces premium rice bran oil rich in Vitamin E and Oryzanol but also efficiently processes by-products like fatty acids, gums, wax, and spent earth for various industrial applications. This comprehensive utilization of resources, combined with their strategic relationships with institutional oil manufacturers, positions them strongly in the health-focused cooking oil segment.

Their financial performance shows promising growth with revenue increasing from ₹99.94 crores in FY2023 to ₹134.32 crores in FY2024, while maintaining steady profitability. For the six months ended September 30, 2024, the company reported revenue of ₹88.63 crores with a PAT of ₹1.83 crores, demonstrating consistent operational efficiency in the competitive edible oil sector.

Highlights of the Swasth Foodtech IPO:

• IPO type: Fixed Price Issue SME IPO
• IPO size: ₹14.92 crores
• Fresh Issue: 15.88 lakh shares
• Face value: ₹10 per share
• Issue price: ₹94 per share
• Lot size: 1,200 shares
• Minimum investment for retail investors: ₹1,12,800
• Minimum investment for HNI: ₹2,25,600 (2 lots)
• Market maker reservation: 80,400 shares
• Listing at: BSE SME
• IPO opens: February 20, 2025
• IPO closes: February 24, 2025
• Allotment date: February 25, 2025
• Refund initiation: February 27, 2025
• Credit of shares: February 27, 2025
• Listing date: February 28, 2025
• Lead Manager: Horizon Management Private Limited
• Registrar: Mas Services Limited
• Market Maker: Giriraj Stock Broking Private Limited