Swasth Foodtech: IPO Proceeds Utilized as per Objects
Swasth Foodtech India Ltd has filed a statement regarding the utilization of its Initial Public Offering (IPO) proceeds as per Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As of September 30, 2026, the company has utilized ₹1,342.99 Lakhs (₹13.43 Crore) of its IPO funds. The primary object of setting up a packing line at its existing manufacturing unit has seen ₹123.98 Lakhs (₹1.24 Crore) utilized, with the remaining balance to be utilized in future years. Working capital requirements were met with ₹167.10 Lakhs (₹1.67 Crore), and issue-related expenses amounted to ₹192.47 Lakhs (₹1.92 Crore). The total utilized amount is ₹1,342.99 Lakhs (₹13.43 Crore), with ₹149.35 Lakhs (₹1.49 Crore) unutilized. The company certifies that the utilization aligns with the objects stated in its prospectus dated February 12, 2025.
Key Highlights
- IPO proceeds utilization statement filed as per SEBI Regulation 32(1).
- ₹1,342.99 Lakhs (₹13.43 Crore) of IPO funds utilized by Sep 30, 2026.
- Packing line setup utilized ₹123.98 Lakhs (₹1.24 Crore); remaining for future.
- Working capital and issue expenses also covered by IPO funds.
- Utilization confirmed to be in line with prospectus objects.
Price Impact
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