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Open
30 Jun to 2 Jul, 2025
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Close
30 Jun to 2 Jul, 2025
3
Allotment
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Listing
Mon, Jul 7, 2025
Price Band
₹115 per share
Issue Size
26,40,000 shares (agg. up to ₹30 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jul 7, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.53x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 31.69 | 12.12 | 4.74 | 4.20 |
| Total Income | 72.66 | 48.73 | 11.59 | 1.61 |
| Profit After Tax | 4.54 | 2.64 | 0.64 | -0.11 |
| EBITDA | 6.92 | 3.65 | 0.99 | -0.08 |
| NET Worth | 14.01 | 9.47 | 2.18 | -0.05 |
| Reserves and Surplus | 8.26 | 6.60 | 2.04 | -0.06 |
| Total Borrowing | 13.89 | 0.39 | 3.45 | |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 8.57 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 3.00 |
| 3 | Funding the capital expenditure requirement for expansion of the Dhinoj Facility (CAPEX) | 8.29 |
| 4 | General Corporate Purposes | 7.51 |
| 5 | Issue Expenses | 2.99 |
| Total | 30.36 |
About Vandan Foods IPO
Incorporated in 2015, Vandan Foods Limited is engaged in the manufacturing of Refined F.S.G. Castor Oil and Castor Oiled Cake. The company operates as both B2B and B2C models; the company emphasizes quality control, inventory management, and business development to ensure customer satisfaction. The company supplies its products across Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana. Its manufacturing facilities are located in Dhinoj Patan, Gujarat, at two specific addresses. Products: Refined Castor Oil First Stage Grade (F.S.G.): The company produces F.S.G. Castor Oil, a refined, bleached oil used in lubricants, paints, pharmaceuticals, textiles, and more. It also offers health benefits like relieving constipation and promoting hair and skin growth. Castor De-Oiled Cake: The company produces Castor De-Oil Cake, a natural fertilizer rich in nitrogen, phosphoric acid, and potash. It promotes soil microbial activity and serves as an effective alternative to chemical fertilizers. As of December 31, 2024, the company has 16 permanent employees. Competitve Strengths: Experienced Promoters and Management Team Quality Control and Quality Assurance Diversified busi
Contact Details
Vandan Foods Ltd. Address503/B, Wall Street-1, OppOrient Club, Nr.Rly.CrossingEllisbridgeAhmedabad, Gujarat, 38000691-8980121363cs@vandanfoods.inVisit Website