Swasth Foodtech India plans to raise Rs 15 crore through its SME IPO opening on February 20. The company will offer 15.87 lakh shares at Rs 94 each without any OFS component. Swasth processes and sells edible rice bran oil, which is rich in Vitamin E and Oryzanol.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment