The company is a US FDA-approved dehydrated vegetable processor with two Madhya Pradesh facilities and a global clientele.
The offer size is up to 29,02,800 equity shares of face value Rs 10 each. The offer structure includes a fresh issue of up to 26,02,800 equity shares and an offer for sale (OFS) of up to 3,00,000 equity shares.
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The total offer size is Rs 34.83 crore (at upper price band). The price band is set at Rs 114 and Rs 120 per equity share. The market lot size for retail is 2,400 equity shares and for HNIs is 3,600 equity shares. And lastly, the listing platform is NSE Emerge.
The anchor portion opens and closes on August 6. The offer opens on August 7 and will close on August 11. The offer allotment is on August 12, and the listing date is August 14.
Qualified Institutional Buyers (QIBs) (including Anchor) will be allocated up to 13,70,400 equity shares. For Non-Institutional Investors (NII), allocation is up to 4,21,200 equity shares. For Retail Individual Investors (RII), allocation is up to 9,64,800 equity shares, and for Market Maker, 1,46,400 shares are reserved.
The utilization of net proceeds includes up to 748.66 lakhs for funding capital expenditure requirements towards for purchase of new machinery and the upgradation of existing machinery installed, and for the setting up of an on-grid rooftop solar PV system of a capacity of 149.04KWp at our existing manufacturing unit.
For funding of working capital requirements is up to 1,000 lakhs, for repayment and/or pre-payment, in part or full, of certain borrowings availed by our company is up to 461.15 lakhs, and lastly for general corporate purposes
Unistone Capital Private Limited is the Book Running Lead Manager, and Skyline Financial Services Private Limited is the Registrar to the Offer.
“This IPO marks a key milestone in our growth journey. We aim to scale our processing capacity, introduce high-demand products like dried papaya, beetroot, and pumpkin, and expand our global footprint. With investments in new machinery, in-house cold storage, and solar rooftops, we are enhancing efficiency, quality, and sustainability. We remain focused on innovation, customer reach, and long-term value creation for all stakeholders,” said Raghav Somani, Chairman & Managing Director of Sawaliya Food Products.
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“We are delighted to partner with Sawaliya Food Products Limited in their IPO journey. With a sharp focus on processing excellence, expanded product offerings, and modern infrastructure like in-house cold storage and solar rooftops, the company is poised for the next phase of growth. This IPO reflects their commitment to scale sustainably and deliver long-term value across markets,” said Brijesh Parekh, Founder of Unistone Capital Private Limited.
Sawaliya Food Products manufactures and processes dehydrated vegetables for institutional manufacturers, traders, and international importers. It operates two facilities in Dhar, Madhya Pradesh, with a combined capacity of 1,500 MT. Approved by the US FDA, the company ensures international quality standards.
In FY25, the company achieved an operating revenue of Rs 3,418.42 lakh, with an EBITDA of Rs 1,221.82 lakh, reflecting an EBITDA margin of 35.74%, and a profit after tax (PAT) of Rs 694.57 lakh, translating to a PAT margin of 20.32%.
