Dealmoney Commodities doubles down on Swojas Foods in two-month buying spree
A non-promoter's open-market purchases have lifted its stake to 14% in a nano-cap food processor where revenue is doubling but profits are falling.
— 2 earlier stories on Swojas Foods Ltd. →What's new
- Dealmoney Commodities bought 11.9 lakh shares on June 5, raising its stake from 10.9% to 14%.
- The purchase cost ₹89 lakh and equals 3% of Swojas's ₹29 crore market capitalisation.
- It is the second significant open-market buy in two months, following a similar April acquisition.
Why this matters
For a nano-cap, spending ₹89 lakh to add 3% of the company is a concentrated commitment, not a passive investment. The repeated buying suggests Dealmoney is building a position, not trading around quarterly results. This matters more because Swojas's fundamentals are split, with revenue doubling while profits slumped in the last fiscal year.
What we're watching
- Whether Dealmoney crosses the 15% threshold, which could trigger a mandatory open offer for remaining shares.
- The investor's intent, which remains undisclosed beyond the filing.
- The next quarterly results to see if the profit slump reverses.
The full read
Dealmoney Commodities has spent ₹89 lakh to add another 3% of Swojas Foods to its holdings. That takes its stake to 14%, up from 10.9% two months ago. For a company with a ₹29 crore market cap, this is not a token trade. It is the second consecutive monthly accumulation, building on an April purchase that first pushed the investor past the 10% disclosure threshold. The buying comes as Swojas's own finances send mixed signals. Revenue doubled in FY26, yet profits slumped. In a ₹29 crore company where the stock is thinly traded, an investor committing ₹89 lakh in real cash twice in eight weeks is sending a clearer message than the financials. What Dealmoney wants with a 14% stake is the next question.
Questions answered
- How much did Dealmoney spend, and what is it buying?
- Dealmoney spent approximately ₹89 lakh to buy 11.9 lakh shares on the open market. The purchase adds about 3% to its ownership of Swojas Foods.
- Why does this purchase matter for such a small company?
- Swojas Foods has a market capitalisation of only ₹29 crore. A ₹89 lakh investment represents roughly 3% of the entire company's value, making it a substantial commitment relative to the stock's low liquidity.
- Is this the first time Dealmoney has bought shares recently?
- No. This is the second open-market purchase in two months. Dealmoney first crossed the 10% ownership threshold in April with a similar accumulation.
- What is Swojas Foods's recent financial performance?
- The company's revenue doubled in the last fiscal year, but its profits slumped during the same period, indicating a mix of top-line growth and bottom-line weakness.
Story so far
All notes on SWOJAS →- 8 Jun 2026 · 6:41 PM IST Dealmoney Commodities doubles down on Swojas Foods in two-month buying spree
- 17d ago Swojas Foods formalizes annual results after prior disclosure
- 17d ago Swojas Foods revenue doubled to ₹146 cr as profit slumped