Sawaliya Food IPO Listing at 90% Above Issue Price | Shares Debut on NSE SME at ₹228
- 14th August 2025
- 10:40:00 AM
- 3 min read
Mumbai | August 14 – Sawaliya Food IPO made its debut on the NSE SME platform today at ₹228 per share, which is ₹108 higher than the issue price of ₹120. This represents a 90% difference from the IPO price.
The Sawaliya Food IPO listing price exceeded the levels indicated by the grey market premium (GMP) ahead of listing, which had suggested a possible opening near ₹150.
Shortly after listing, the share price touched ₹216.60, the lower price band for the day.
Sawaliya Food IPO Subscription Status
The Sawaliya Food IPO was open for bidding from August 7 to August 11, 2025, and received a total subscription of 13.32 times the shares on offer. The category-wise subscription status was:
- Retail Individual Investors (RIIs) – 8.92 times
- Non-Institutional Investors (NIIs) – 20.11 times
- Qualified Institutional Buyers (QIBs) – 15.83 times
The total issue size was ₹34.83 crore, comprising:
- Fresh Issue – ₹31.23 crore (26.03 lakh shares)
- Offer for Sale (OFS) – ₹3.60 crore (3 lakh shares) by promoters Raghav Somani and Priya Somani
Also Read: IPO Subscription Status: Easy Guide for Everyday Investors
Company Overview
Incorporated in 2014, Sawaliya Food Products Ltd. is engaged in the production of dehydrated fruits and vegetables. Its manufacturing facility in Madhya Pradesh has an annual production capacity of 1,500 metric tonnes.
In FY25, around 66% of the company’s revenue came from supplying dehydrated vegetables to the packaged food industry. These products are used in instant noodles, pasta, soups, and ready-to-eat meals. The company also exports to intermediaries in the United States.
Sawaliya Food Financial Highlights (₹ in crore)
| Metric | FY23 | FY24 | FY25* |
| Revenue from Operations | 52.84 | 61.37 | 68.92 |
| Profit After Tax (PAT) | 3.46 | 4.22 | 5.14 |
| Net Worth | 17.12 | 20.48 | 25.33 |
| Total Borrowings | 9.05 | 8.77 | 8.1 |
| EBITDA Margin (%) | 15.20% | 15.85% | 16.12% |
*FY25 figures are as per the company’s audited financial statements in the IPO prospectus.
Use of Proceeds
As per the company’s prospectus, the Sawaliya Food IPO proceeds will be utilised for:
- Purchase and upgradation of machinery
- Installation of a 149.04 kWp rooftop solar PV system
- Meeting working capital requirements
- Repayment of certain borrowings
- General corporate purposes
Unistone Capital acted as the sole merchant banker for the IPO.
GMP vs Listing Price
Ahead of the debut, the Sawaliya Food IPO GMP was around ₹30, indicating a possible listing near ₹150. However, the actual listing price of ₹228 on the NSE SME platform was significantly above these unofficial market expectations.
Key Facts
- IPO Size: ₹34.83 crore
- IPO Price: ₹120 per share
- Listing Price: ₹228 per share
- Difference from IPO Price: ₹108 (90%)
- Exchange: NSE Emerge (SME Platform)
- Subscription Period: August 7–11, 2025
- Overall Subscription: 13.32 times
Disclaimer: This article is based on publicly available information and company disclosures. It is for informational purposes only and does not constitute investment advice or a recommendation.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
