Swasth Foodtech India Ltd - IPO

Swasth Foodtech India Ltd IPO Details

Public issue of up to 15,87,600 equity shares of face value Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. 94/- per equity share (including a securities premium of Rs. 84- per equity share) (the Issue Price), aggregating upto Rs. 14.92 crores (Issue) of the issue, 80,400 equity shares aggregating to Rs. 0.76 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 15,07,200 equity shares of face value of Rs. 10 each at an issue price of Rs. 94/- per equity share aggregating to Rs. 14.16 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 27.10% and 25.73%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 9.4 times of the face value.

Objective of issue

Setting up of a packing line at its existing mfg unit. Funding of working capital requirements of the company. General corporate purposes.

Swasth Foodtech India Ltd Contact Details

Swasth Foodtech India Ltd, T-34 2nd Floor, Okhla Industria Area, Phase-II, New Delhi-110020

Phone - 91-011-26387281/82/83

Fax - 91-011-26387384

Email - info@swasthfoodtech.com

Website - www.swasthfoodtech.com