Is Swasth Foodtech India Limited IPO Halal or Not? If you’re looking for a detailed Shariah compliance analysis, you’re in the right place! In this article, we break down whether Swasth Foodtech India Limited IPO meets Shariah Screening guidelines.
Is Swasth Foodtech India Limited IPO Halal or Not?
Swasth Foodtech India Limited, a company in the FMCG sector, has undergone a Shariah compliance screening based on key financial and business criteria. Based on the financial information available, Swasth Foodtech India Limited IPO appears to be Not Halal and Non-Shariah Compliant.
Shariah Compliance Analysis of Swasth Foodtech India Limited
| Criteria | Value | Status |
| Business Activity | FMCG | ✅ PASS |
| Impermissible Income to Total Revenue | 0.08% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 63.93% | ❌ FAIL |
| Illiquid Assets to Total Assets Ratio | 84.75% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Listing Details of Swasth Foodtech India Limited IPO
| IPO Opening Date | Thursday, February 20, 2025 |
| IPO Closing Date | Monday, February 24, 2025 |
| Expected Allotment Date | Tuesday, February 25, 2025 |
| Refund Initiation | Thursday, February 27, 2025 |
| Shares Credited to Demat | Thursday, February 27, 2025 |
| Expected Listing Date | Friday, February 28, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on February 24, 2025 |
Business Overview of Swasth Foodtech India Limited
Swasth Foodtech India Ltd. is a leading player in the FMCG and Edible Oils sector, specializing in the processing and refining of crude rice bran oil. The company supplies high-quality edible oils to major manufacturers and packers across India.
With a strong focus on innovation and quality, Swasth Foodtech ensures superior refining processes to meet industry standards. Its growing market presence and commitment to sustainable and healthy food solutions make it a key player in India’s food processing industry. As the demand for edible oils rises, Swasth Foodtech continues to expand its operations and market reach
Conclusion
Based on the screening Process, Swasth Foodtech India Limited IPO appears to be Not Halal and Non-Shariah Compliant as it does not meet all major shariah screening guidelines (Allah Knows the Best). However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
Disclaimer: The information on Halalfinance.co.in is for educational and informational purposes only and not financial advice. We are not liable for any investment decisions you make; always consult a financial advisor before investing.
Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.