The initial public offer (IPO) of Swasth Foodtech received enthusiastic response as it achieved subscription of 7.83 times on its final day of bidding that was Monday. It is a fixed price issue of Rs 14.92 crore and obtained bids for 1,17,97,200 shares as compared to 15,07,201 on offer. Earlier, the allotment of Swasth Foodtech IPO was finalised on February 25, 2025. It is expected to list on February 28, 2025.
Swasth Foodtech Price Band
Its price band was Rs 94 apiece. Meanwhile, the minimum lot size for an application stood at 1200. Minimum investment amount required from retail investors was Rs 1,12,800. Meanwhile, the minimum lot size investment for HNI was 2 lots or 2400 shares worth Rs 2,25,600.
Swasth Foodtech Latest GMP
The latest grey market premium or GMP of Swasth Foodtech IPO stood at nil, according to latest updates available at 10:32 pm, Feb 26, 2025. With Rs 94 per share price ban, the likely listing is Rs 94 per share. The estimated percentage gain or loss per share is nil, according to investorgain.com.
It is worth noting that on Day 1, the issue was subscribed 2.27 times (retail category subscribed 3.86 times followed by NII category that achieved the subscription of 0.68 times). On Day 2, the public issue was subscribed 3.92 times (6.77 times by retail category and 1.08 times by NII category). Meanwhile, on Day 3, it received a subscription of 7.83 times (retail category subscribed 13.12 times and NII category subscribed 2.53 times).
How To Check Swasth Foodtech Allotment Status on BSE
- You need to visit the official website of BSE (https://www.bseindia.com/investors/appli_check.aspx)
- Choose equity under the option of issue type
- Select Swasth Foodtech from dropdown menu
- Fill your application number or PAN number
- You must complete captcha for verification
- Now press on Search button to see your allotment status
How To Check Swasth Foodtech IPO Allotment Status On Mas Services?
- You need to go to IPO allotment page on Mas Services website i.e. https://www.masserv.com/opt.asp
- The website will showcase IPO – Swasth Foodtech India Limited Allotment Status
- As soon as the status gets available, you must cross check your status via PAN or DP/Client ID
- Press on search option to cross check your share allotment status
IPO Proceeds
Swasth Foodtech plans to use the net proceeds from IPO for creating a packing line and fund it working capital needs. Meanwhile, a part of the proceeds will be utilized for general corporate purposes.
Book Running Lead Manager
The book running lead manager of the public issue is Horizon Management Ltd while Mas Services is the registrar to the offer.
Disclaimer: The above content has been made for educational purposes only, and should be considered as investment advice from Moneydaily.in or the respective Author. Neither Moneydaily.in nor the Author will not be responsible for any losses as a result of decisions based on the above information. Moneydaily.in advises readers to do your own research or consult with a SEBI registered investment advisor before making any investment decisions.
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