Swasth Foodtech Share Price Debuts at ₹94, Drops 5% on Listing Day

Swasth Foodtech IPO opened for subscription on February 20, 2025 and closed on February 24, 2025.

It was a fixed price issue of ₹14.92 crore. The issue is entirely a fresh issue of 15.88 lakh shares. The Swasth Foodtech IPO price band was set at ₹94 per share.

On Day 3 of subscription, February 24, 2025, as of 6:19 PM, Swasth Foodtech IPO was subscribed 7.83 times. NIIs subscribed 2.53x, and retail investors subscribed 13.12x.

The share allotment was finalised on Tuesday, February 25, 2025, and the shares were listed on BSE SME on February 28, 2025.

Swasth Foodtech Share Price

On the listing day, on the BSE, Swasth Foodtech share price opened at ₹94.00, the same as its issue price of ₹94.00. At 11:10 AM, Swasth Foodtech share price was trading at ₹89.30, down by 5.00% from its opening price of ₹94.00 and 5.00% down from its issue price of ₹94. As of the same time, the stock touched its day’s low at ₹89.30. The company’s market cap was ₹52.31 crore.

About Swasth Foodtech India Limited

Swasth Foodtech India Limited specialises in processing crude rice bran oil for sale to oil manufacturers and packers. The company produces rice bran oil in various grades and colors tailored to customer requirements.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.