Swasth Foodtech India: Swasth Foodtech India shares get listed flat at ₹94!Swasth Foodtech India: Swasth Foodtech India shares get listed flat at ₹94!

Swasth Foodtech India had a flat listing on BSE SME, debuting at its IPO price of ₹94. The stock opened without any premium or discount, reflecting stable market sentiment. Investors witnessed no immediate gain or loss as the share traded at its issue price on listing day.

Swasth Foodtech India IPO witnessed strong investor interest, closing with a subscription of 7.83 times on the final day of bidding. The offering saw significant demand across investor categories, reflecting positive market sentiment and confidence in the company’s growth potential within the food technology sector.

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Swasth Foodtech India Limited, established in 2021, processes rice bran oil for oil manufacturers and packers. It produces high-quality rice bran oil rich in Vitamin E and Oryzanol, offering health benefits. The company also markets byproducts and plans to set up a packaging unit for its own and third-party brands.

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Swasth Foodtech India Ltd aims to set up a packing line with ₹3.30 crore, allocate ₹7.50 crore for working capital, and use ₹2.20 crore for corporate purposes, brand building, and operational efficiency.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.