Swasth Foodtech India Limited was originally incorporated under the name ‘Swasth Foodtech India Private Limited’, pursuant to a certificate of incorporation dated February 2, 2021 issued by the Deputy Registrar of Companies, Registrar of Companies, Central Registration Centre. Further, the company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in their meeting held on January 27, 2024 and by the Shareholders in an Extraordinary General Meeting held on February 21, 2024 and a fresh certificate of incorporation dated May 20, 2024 was issued by the Registrar of Companies, Central Registration Centre. Consequent to the conversion of the company, the name of the company was changed to ‘Swasth Foodtech India Limited’.

The company is in the business of processing of rice bran oil from crude oil, for sale to oil manufacturers and packers. It manufactures various rice bran oil under various grades and colours, based on the requirement of its customers. Since rice bran oil is made from rice bran, it is rich in Vitamin E, an antioxidant and Oryzanol. Rice bran oil is a healthy oil extracted from the germ and inner husk of rice kernels. The advantages of rice bran oil include support heart-healthy; high smoke point makes it a good choice for stir-frying, sauteing, and other high-heat cooking methods; and Neutral flavor makes it a versatile oil that can be used in a variety of dishes. It has crafted its business model in such a manner that it markets and sell, its finished products, being rice bran oil, as well as the residue and the byproducts generated while processing its products.

The sale of its products is majorly made to oil manufacturers, which makes its business model business to business (B2B), wherein the company processes and/or supplies rice bran oil to reputed manufacturers and packers in tankers. It majorly sells its products in bulk form to players operating with their own brands and to those who sell edible oil in unbranded or loose form. It also sells its products to re-packers who ultimately sell the oil either in their own brands or further sell in bulk form. Its business model adds value to its business operations by ensuring higher capacity utilization and improving the overall production efficiency and costs.

Business area of the company

The company is in the business of processing of rice bran oil from crude oil, for sale to oil manufacturers and packers. It manufactures various rice bran oil under various grades and colours, based on the requirement of its customers. 

History and milestones

• 2022: Commenced commercial production.
• 2023: Crossed turnover of Rs 100.00 crore.