How To Check Swasth Foodtech IPO Allotment Status — Check Steps Here
The latest GMP of Swasth Foodtech IPO was Rs 0 on February 25, indicating a flat listing.
The initial public offering of Swasth Foodtech India Ltd. received a good response from the investors as the IPO was subscribed 7.83 times on its third and last day of bidding on Monday. According to Chittorgarh, the Rs 14.92-crore SME IPO received bids for 1,17,97,200 shares against 15,07,201 on offer.
Non-institutional investors subscribed 2.53 times the offer, while the Retail Individual Investors (RIIs) portion was subscribed 13.12 times.
The SME IPO of Swasth Foodtech India was fully subscribed on Day 1 and was booked close to 4 times on Day 2.
The allotment for the Swasth Foodtech India IPO will be finalised on Tuesday, February 25 and the company will list on Friday, February 28.
Horizon Management Ltd is the book-running lead manager of the issue. Mas Services is the registrar to the offer.
Investors can check the Swasth Foodtech India IPO allotment status on Mas Services and the BSE website by following the step-by-step guide provided below.
How To Check Swasth Foodtech IPO Allotment Status On Mas Services
Visit the IPO allotment page on the Mas Services website here: https://www.masserv.com/opt.asp
The page will display IPO - SWASTH FOODTECH INDIA LIMITED ALLOTMENT STATUS.
Once the status is made available, verify your status through PAN or DP/Client ID.
Click on the Search button to verify your share allotment status.
How To Check Swasth Foodtech India IPO Allotment Status On BSE Website
Go to the official BSE website at https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose 'Swasth Foodtech India Limited' from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the 'Search' button to view your allotment status.
Swasth Foodtech IPO GMP Today
The latest GMP of Swasth Foodtech IPO was Rs 0 recorded at 12:59 p.m. on February 25, indicating a flat listing. Unlisted shares of Rice bran oil manufacturer were trading at Rs 94 apiece in the grey market.
According to InvestorGain, the shares of Swasth Foodtech IPO were trading as high as Rs 118, a day before the IPO opened for bidding. The GMP declined to Rs 10 on Day 1 and continued to decline further.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
Use of IPO Proceeds
Swasth Foodtech has proposed to use the net proceeds from the IPO to create a packing line at its manufacturing unit and fund its working capital requirements. A section of the proceeds will be used for general corporate purposes.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
