Swasth Foodtech IPO Allotment Status: Check Latest GMP, Steps To Verify Status

The IPO bidding for Swasth Foodtech India Limited commenced on February 20, 2025, and concluded on February 24, 2025. The basis of allotment will be finalised today, February 25, 2025. Find how to check the Swasth Foodtech IPO allotment status on the BSE website. 

Check Swasth Foodtech IPO Allotment Status On BSE

Here is the process to check the Swasth Foodtech India Limited IPO Allotment Status on BSE 

• Open the Application Status page of BSE here. 
• Choose 'equity' as the issue type. 
• Select 'Swasth Foodtech India Limited’ from the list of companies. 
• Enter your IPO application number and PAN details. 
• Verify the captcha by clicking on the 'I am not a Robot' box. 
• Click on the submit button to check the details of the share allotment.

IPO Details

The ₹14.92 crore Swasth Foodtech IPO is entirely a fresh issue of 15.88 lakh shares.

The price band is set at ₹94 per share, and the tentative listing date on BSE SME is Feb 28, 2025. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,12,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,25,600.

Horizon Management Private Limited is the book-running lead manager for the issue, MAS Services Limited is the registrar, and Giriraj Stock Broking Private Limited is the market maker.

Use of Proceeds

The net proceeds from the fresh issue will be used towards 

• Setting up a packing line at the existing manufacturing unit
• Funding of working capital requirements of the Company
• General Corporate Purposes

Swasth Foodtech IPO - Overall Subscription Status 

(February 24, 2025, end of the day)

GMP (Grey Market Premium) Details

As of February 25, 2025, the GMP for Swasth Foodtech India Limited IPO stood at nil. This indicates that the expected percentage gain/loss per share is 0%.

Note: The Grey Market Premium (GMP) is not an official price and is based on market speculation.
Source: Business Standard dated February 25, 2024

Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.

Swasth Foodtech Business Overview

Swasth Foodtech India Limited is a leading player in the rice bran oil processing industry. The company specializes in refining crude rice bran oil and its production in various grades and colors. 

Beyond producing high-quality rice bran oil, Swasth Foodtech has built an efficient business model that maximizes value by marketing both its finished products and byproducts. The company sells fatty acids, gums, spent earth, and wax; the byproducts generated during oil processing.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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