Latest news with #SawaliyaFoodsProducts'
Economic Times
6 days ago
- Business
- Economic Times
Sawaliya Foods Products IPO listing today. Here's what GMP suggests
Sawaliya Foods Products will list on the NSE SME platform today following its Rs 35 crore IPO. ADVERTISEMENT The public issue, which opened on August 7 and closed on August 11, 2025, was subscribed 13.32 times overall, with the non-institutional investor (NII) category leading at 20.11 times, followed by qualified institutional buyers (QIB) at 15.83 times and retail investors at 8.92 times. Priced at Rs 120 per share, the IPO comprised a fresh issue of 26 lakh shares worth Rs 31.23 crore and an offer for sale of 3 lakh shares worth Rs 3.60 crore. In the grey market, Sawaliya Foods Products' shares are trading at a premium of about 5% over the issue price. The subscription numbers and active grey market activity indicate investor optimism, though analysts caution that listing-day performance will also depend on broader market Foods Products is engaged in manufacturing and processing dehydrated vegetables, catering largely to the packaged food industry and international products, including dehydrated carrots, cabbage, and string beans, are used in cup noodles, ready-to-eat meals, pasta, and soups. ADVERTISEMENT The IPO proceeds will be used to purchase and upgrade machinery, install an on-grid rooftop solar PV system, meet working capital needs, repay certain borrowings, and for general corporate purposes. Unlock 500+ Stock Recos on App With robust investor demand, a niche product line in the growing FMCG supply chain, and healthy GMP trends, the market will be watching closely to see if Sawaliya Foods can deliver a strong listing pop. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
6 days ago
- Business
- Time of India
Sawaliya Foods Products IPO listing today. Here's what GMP suggests
Sawaliya Foods Products, a manufacturer of dehydrated vegetables for the packaged food industry and international markets, is set to list on the NSE SME platform following its Rs 35 crore IPO. The proceeds will fund machinery upgrades, solar installations, working capital, and debt repayment. Strong investor demand, niche products, and healthy grey market trends point to a potential strong listing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Sawaliya Foods Products will list on the NSE SME platform today following its Rs 35 crore public issue, which opened on August 7 and closed on August 11, 2025, was subscribed 13.32 times overall, with the non-institutional investor (NII) category leading at 20.11 times, followed by qualified institutional buyers (QIB) at 15.83 times and retail investors at 8.92 at Rs 120 per share, the IPO comprised a fresh issue of 26 lakh shares worth Rs 31.23 crore and an offer for sale of 3 lakh shares worth Rs 3.60 the grey market, Sawaliya Foods Products' shares are trading at a premium of about 5% over the issue price. The subscription numbers and active grey market activity indicate investor optimism , though analysts caution that listing-day performance will also depend on broader market Foods Products is engaged in manufacturing and processing dehydrated vegetables, catering largely to the packaged food industry and international products, including dehydrated carrots, cabbage, and string beans, are used in cup noodles, ready-to-eat meals, pasta, and IPO proceeds will be used to purchase and upgrade machinery, install an on-grid rooftop solar PV system, meet working capital needs, repay certain borrowings, and for general corporate robust investor demand, a niche product line in the growing FMCG supply chain , and healthy GMP trends, the market will be watching closely to see if Sawaliya Foods can deliver a strong listing pop.
