Sawaliya Foods Products Ltd IPO concludes today after its launch on August 7, 2025. This small and medium enterprise (SME) offering on NSE Emerge has seen good interest, and has received bids at 2.52 times the available shares. The grey market premium (GMP) is stable at ₹4, pointing to a possible listing price of ₹124 against the highest price of ₹120.
If you want to know details of Sawaliya Foods IPO including its GMP and subscription status, then you have come to the right place. Let us understand this in simple terms.
What Does Sawaliya Foods Products Do?
Sawaliya Foods Products Ltd. (SFPL) makes dried vegetables like carrots, cabbage, and beans. They sell mostly to big food companies, traders, and buyers overseas. These veggies go into quick snacks like noodles, pasta, and soups.
The company buys fresh produce directly from farmers around its factory. This keeps costs low and helps them cope with price fluctuations in the market. Currently, they have 25 employees. In the last financial year (FY25), about two-thirds of their sales came from branded food manufacturers.
Sawaliya Foods Products IPO Basic Details
This Sawaliya Foods IPO is raising up to ₹34.83 crore by selling 29,02,800 shares, each with a face value of ₹10. The price range is ₹114 to ₹120 per share. It includes new shares worth up to ₹31.23 crore and some existing shares for sale worth ₹3.60 crore.
You need to apply for at least 2,400 shares, and then in lots of 1,200. After the IPO, these shares will make up about 29% of the company and list on NSE’s SME board. Shares should be allotted around August 12.
Here’s a quick table of the main Sawaliya Foods IPO details:
| Company Name | Sawaliya Foods Products Ltd. |
| Issue Type | SME Book-Building IPO |
| Total Issue Size | ₹34.83 Cr (at upper price band) |
| Fresh Issue | 26,02,800 shares (₹31.23 Cr) |
| Offer for Sale (OFS) | 3,00,000 shares (₹3.60 Cr) |
| Face Value | ₹10 per share |
| Price Band | ₹114 – ₹120 per share |
| Lot Size | 1,200 shares (minimum application: 2,400 shares) |
| Minimum Investment (Retail) | ₹2,88,000 (at upper band) |
| Opening Date | August 7, 2025 |
| Closing Date | August 11, 2025 |
| Allotment Date | August 12, 2025 |
| Refund Initiation | August 13, 2025 |
| Demat Credit | August 13, 2025 |
| Listing Date | August 14, 2025 |
| Listing Exchange | NSE SME |
| Subscription Status (Overall) | 2.52 times (as of closing day) |
| Subscription (QIB) | 0.00 times (updated from earlier data) |
| Subscription (NII) | 6.65 times |
| Subscription (Retail) | 2.16 times |
| Grey Market Premium (GMP) | ₹4 (potential listing at ₹124, 3.33% premium) |
| Lead Manager | Unistone Capital Pvt Ltd |
| Registrar | Skyline Financial Services Private Ltd |
| Market Maker | Alacrity Securities Ltd. |
| Post-Issue Market Cap | ₹119.02 Cr (at upper band) |
| P/E Ratio | 18.32 (based on FY25 earnings) |
| Objects of the Issue | Capital expenditure (₹7.49 Cr for new facility and machinery), working capital (₹10 Cr), debt repayment (₹4.61 Cr), general corporate purposes |
| Financials (FY25) | Revenue: ₹34.34 Cr, Net Profit: ₹6.95 Cr, PAT Margin: 20.32%, RoCE: 48.96% |
| Financials (FY24) | Revenue: ₹23.67 Cr, Net Profit: ₹3.12 Cr, PAT Margin: 13.33%, RoCE: 49.24% |
| Financials (FY23) | Revenue: ₹15.30 Cr, Net Profit: ₹0.59 Cr, PAT Margin: 3.94%, RoCE: 14.40% |
| Peers | Prime Fresh (P/E: 24.6) |
| Strengths | Direct farmer sourcing for cost efficiency, diversified customers, sustainable model, growth in FMCG sector |
| Risks | Unsustainable profit surge, high debt-equity ratio (1.78), aggressive pricing, document discrepancies |
Sawaliya Foods Products IPO Dates
| IPO Opening Date | August 7, 2025 |
| IPO Closing Date | August 11, 2025 |
| Basis of Allotment Finalization | August 12, 2025 |
| Initiation of Refunds | August 13, 2025 |
| Credit of Shares to Demat Accounts | August 13, 2025 |
| Listing Date | August 14, 2025 |
How Will Company Use the Money?
The fresh funds will go toward:
- ₹7.49 crore for a new factory and better machines.
- ₹10 crore for day-to-day business needs.
- ₹4.61 crore to pay off loans.
- The rest for general company stuff and IPO costs.
Latest Subscription Status for Sawaliya Foods IPO
As of today, the IPO is subscribed 2.52 times overall. Non-institutional investors (like high-net-worth folks) led the way at 6.65 times. Retail investors bid 2.16 times, but big institutions haven’t jumped in yet (0 times).
It started off on a slow note at 1.78x on day one and rose to almost 2x by day two. Often, these SME IPOs see a last-minute rush.
Sawaliya Foods IPO GMP Today
The Sawaliya Foods Products IPO GMP is ₹4, meaning shares might list 3.33% higher than ₹120. That’s a small gain, but remember, GMP isn’t official and can change with market mood. Earlier, it ranged from ₹0 to ₹4.
Company Financials at a Glance
Sawaliya Foods has made good progress recently. Their statistics are as follows:
| Year | Total Sales (₹ Cr) | Profit (₹ Cr) | Profit Margin (%) | Return on Capital (%) |
|---|---|---|---|---|
| FY23 | 15.30 | 0.59 | 3.94 | 14.40 |
| FY24 | 23.67 | 3.12 | 13.33 | 49.24 |
| FY25 | 34.34 | 6.95 | 20.32 | 48.96 |
Other key stats:
- Average earnings per share (last 3 years): ₹6.30
- Average return on net worth: 49.52%
- Debt to equity: 1.78 (as of March 2025)
- Net asset value: ₹17.29 now, ₹44.24 after IPO
Profits have increased significantly recently, which is great, but that won’t last forever.
Valuation and Comparisons
At ₹120, the stock’s price-to-earnings ratio is 18.32 based on FY25 (or 38.10 on FY24). Market cap after IPO: ₹119 crore. It looks fair compared to peers like Prime Fresh (P/E around 24.6), but businesses differ a bit.
Pros and Cons of Investing
Good Points:
- Low costs from buying directly from farmers.
- Steady sales and profit growth.
- Customers in different areas, including fast-growing food brands.
- Tied to the booming snack industry.
Potential Risks:
- Recent profit boom might slow down.
- Price seems high based on past numbers.
- High debt level could be a worry.
- Some paperwork has mismatched info on assets and returns.
Final Thoughts on Sawaliya Foods Products IPO
Sawaliya Foods Products IPO will help Sawaliya Foods expand into the dehydrated vegetables market, which is growing with the demand for easy-to-serve foods. Subscription is decent, and GMP indicates a marginal gain on listing. But think about debt and valuation before investing. Watch for final bids today and allotment news soon.
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