Sawaliya Foods Products IPO Details: GMP, Price Band, Issue Size, and More

Sawaliya Foods Products is set to raise Rs 34.83 crore through its SME IPO, with a price band of Rs 114 to Rs 120 per share. The company, which manufactures and exports dehydrated vegetables, has delivered strong financial growth with revenue up 45% YoY to Rs 34.34 crore in FY25 and PAT surging 123% to Rs 6.95 crore. The IPO opens on August 7 and will list on NSE SME on August 14.

Sawaliya Foods Products, a leading manufacturer and exporter of dehydrated vegetables, is set to raise Rs 34.83 crore through its SME IPO. The company's IPO, priced between Rs 114 and Rs 120 per share, is scheduled to open on August 7 and list on NSE SME on August 14.

The IPO comprises up to 29,02,800 equity shares, with a face value of Rs 10 each. This includes a fresh issue of up to 26,02,800 shares and an offer for sale (OFS) of up to 3,00,000 shares. The total offer size is Rs 34.83 crore, with the market lot size for retail investors set at 2,400 shares and for HNIs at 3,600 shares [1].

Sawaliya Foods Products has demonstrated strong financial performance, with revenue growing by 45% YoY to Rs 34.34 crore in FY25. The company's profit after tax (PAT) surged by 123% to Rs 6.95 crore, reflecting an EBITDA margin of 35.74% and a PAT margin of 20.32% [2].

The company plans to use the proceeds from the IPO to fund capital expenditure requirements, working capital needs, and repay borrowings. Additionally, the funds will be used for general corporate purposes, including investments in new machinery, in-house cold storage, and solar rooftops to enhance efficiency, quality, and sustainability [1].

The IPO is led by Unistone Capital Private Limited as the book-running lead manager, and Skyline Financial Services Private Limited is the registrar to the offer. The company's chairman and managing director, Raghav Somani, expressed confidence in the IPO, stating that it marks a key milestone in their growth journey [1].

Investors should carefully evaluate the IPO based on the company's financial performance and growth prospects. The IPO opens on August 7 and will close on August 11, with the offer allotment scheduled for August 12 and the listing date set for August 14 [1].

References:
[1] https://economictimes.indiatimes.com/markets/ipos/fpos/sawaliya-food-products-ipo-to-open-on-august-7-price-band-set-at-rs-114-rs-120/articleshow/123112075.cms
[2] https://univest.in/blogs/sawaliya-foods-products-ipo-review