IPO

Vandan Foods Limited IPO

BSE SME

Listed On: Jul 7, 2025 at ₹ 125.0

₹ 138000 /1200 Shares

Check Allotment
Vandan Foods IPO Details

30 Jun, 2025

Open Date

02 Jul, 2025

Close Date

03 Jul, 2025

Allotment Date

07 Jul, 2025

Listing Date

Issue Price

₹115 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

125.0

Listing Date

2025-07-07

Market Lot

1200 Shares (₹138,000/-)

Lead Manager

Nirbhay Capital Services Private Limited

Issue Size

26,40,000 shares(aggregating up to ₹30.36 Cr)

Retail Portion

50%

Subscription

1.80 times

IPO Docs

DRHP RHP

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

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Vandan Foods IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved12,54,00012,54,00025,08,000
Day 1 - 30-06-25 06:00 PM0.00 x0.55 x0.27 x
Day 2 - 01-07-25 06:00 PM0.10 x1.52 x0.81 x
Day 3 - 02-07-25 06:00 PM0.51 x3.09 x1.80 x
Total No. of Applications: 3,430 (Approx)

Vandan Foods Valuations

EPS Pre IPO

₹4.60/-

EPS Post IPO

₹7.21/-

P/E Pre IPO

24.98

P/E Post IPO

15.94

ROE

45.41%

ROCE

37.33%

Debt/Equity

RoNW

27.92%

PAT Margin

Price to Book Value

6.92

Vandan Foods Company Financials All values are in ₹ Cr.

31-Dec-2431-Mar-2431-Mar-2331-Mar-22
Assets31.6912.124.744.20
Revenue72.6648.7311.591.61
Profit After Tax4.542.640.64-0.11
Net Worth14.019.472.18-0.05
Reserves & Surplus8.266.602.04-0.06
Total Borrowing13.89N/A0.393.45

About The 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.

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Vandan Foods - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)
  1. Mr. Kalpeshkumar Bhagavandas Thakkar, Mr. Rakeshkumar Rameshbhai Patel, Mr. Jitendra Rameshbhai Patel, Mrs. Jyotsana Jitendrabhai Patel, and Kalpesh Kumar Thakkar HUF

Vandan Foods IPO - Issue Objectives

  1. To Meet Working Capital Requirements
  2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
  3. Funding the capital expenditure requirement for expansion of the Dhinoj Facility (CAPEX)
  4. General Corporate Purpose

Other Details

Company Contact Details

Vandan Foods

503/B, Wall Street-1, Opp, Orient Club, Nr. Rly. Crossing, Ellisbridge, Ahmedabad, Gujarat, 380006

Phone: + 91-8980121363

Email: cs@vandanfoods.in

Website: http://www.vandanfoods.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

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. The size of Vandan Foods Limited IPO is 26,40,000 shares(aggregating up to ₹30.36 Cr).

Ans. The IPO price band is set between ₹115 per equity share.

Ans. To apply for Vandan Foods Limited IPO 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 allotment status for Vandan Foods Limited IPO here.