Vandan Foods Limited IPO
BSE SMEListed On: Jul 7, 2025 at ₹ 125.0
₹ 276000 /2400 Shares
*Min Investment
30 Jun, 2025
Open Date02 Jul, 2025
Close Date03 Jul, 2025
Allotment Date07 Jul, 2025
Listing DateVandan Foods IPO Issue Details
- Issue Price ₹115 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 26,40,000 shares(aggregating up to ₹30.36 crore)
- Fresh Share 26,40,000 shares(aggregating up to ₹30.36 crore)
- Listing at BSE SME
- List Price 125.0
- Listing Date 2025-07-07
- Lead Manager Nirbhay Capital Services Private Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,38,000 |
| Retail(max) | 1 | 1200 | ₹1,38,000 |
| NII (min) | 2 | 2,400 | ₹2,76,000 |
Vandan Foods IPO Reservation
Vandan Foods IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Vandan Foods IPO Details
Vandan Foods Limited IPO is an SME IPO, priced at ₹115 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 26,40,000 equity shares, aggregating up to ₹30.36 crores..
The IPO bidding window is open from Jun 30, 2025 to Jul 2, 2025. The allotment is expected to be finalized on Jul 3, 2025, and the tentative listing date is Jul 7, 2025.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,38,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,76,000.
Nirbhay Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and
Vandan Foods IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,54,000 | 12,54,000 | 25,08,000 |
Day 1 30-06-25 06:00 PM | 0.00 x | 0.55 x | 0.27 x |
Day 2 01-07-25 06:00 PM | 0.10 x | 1.52 x | 0.81 x |
Day 3 02-07-25 06:00 PM | 0.51 x | 3.09 x | 1.80 x |
Vandan Foods Valuations
Vandan Foods Company Financials
| 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 31.69 | 12.12 | 4.74 | 4.20 |
| Revenue | 72.66 | 48.73 | 11.59 | 1.61 |
| Profit After Tax | 4.54 | 2.64 | 0.64 | -0.11 |
| Net Worth | 14.01 | 9.47 | 2.18 | -0.05 |
| Reserves & Surplus | 8.26 | 6.60 | 2.04 | -0.06 |
| Total Borrowing | 13.89 | N/A | 0.39 | 3.45 |
About Vandan Foods Company
Established in 2015, Vandan Foods Limited is involved in the production of Refined F.S.G. Castor Oil and Castor Oiled Cake.
The company is both B2B and B2C models; the company focuses on quality control, inventory management, and business development for customer satisfaction.The company distributes its products in Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana. Its production houses are in Dhinoj Patan, Gujarat, at two addresses.
Products:
Refined Castor Oil First Stage Grade (F.S.G.): F.S.G. Castor Oil is the refined, bleached oil that is manufactured by the company and is applied in lubricants, paints, pharmaceuticals, textiles, etc. It also has health benefits such as relieving constipation and aiding hair and skin growth.
Castor De-Oiled Cake: The company manufactures Castor De-Oil Cake, a natural fertilizer high in nitrogen, phosphoric acid, and potash. It enhances soil microbial life and is a good substitute for chemical fertilizers.
The company has 16 permanent staff members as of December 31, 2024.
Vandan Foods - Promoter(s)
Mr. Kalpeshkumar Bhagavandas Thakkar, Mr. Rakeshkumar Rameshbhai Patel, Mr. Jitendra Rameshbhai Patel, Mrs. Jyotsana Jitendrabhai Patel, and Kalpesh Kumar Thakkar HUF
Pre Issue Share Holding : %
Post Issue Share Holding : %
Vandan Foods IPO - Issue Objectives
To Meet Working Capital Requirements
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
Funding the capital expenditure requirement for expansion of the Dhinoj Facility (CAPEX)
General Corporate Purpose
Contact Details
Vandan Foods
503/B, Wall Street-1, Opp, Orient Club, Nr. Rly. Crossing, Ellisbridge, Ahmedabad, Gujarat, 380006
+ 91-8980121363
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Vandan Foods IPO - FAQs
Ans. Vandan Foods Limited IPO is a SME IPO. The issue is priced at ₹115 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jun 30, 2025, and closes on Jul 2, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Vandan Foods Limited IPO opens on Jun 30, 2025 and closes on Jul 2, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vandan Foods Limited IPO is 26,40,000 shares(aggregating up to ₹30.36 Cr).
Ans. The Vandan Foods Limited IPO price band is set between ₹115 per equity share.
Ans. To apply for Vandan Foods Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vandan Foods Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vandan Foods Limited IPO is Jul 3, 2025.
Ans. The Vandan Foods Limited IPO will be listed on Jul 7, 2025.
Ans. Follow the steps to check the Vandan Foods Limited IPO allotment status online.
