VANDAN FOODS LIMITED

30 Jun 2025 - 02 Jul 2025 Individual Category SME BSE

Min Investment

₹276000

Price Band

₹115

Issue Size

26.4 lakhs
Equity Shares

Lot Size

1200 (per lot)

IPO Dates
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30 Jun 2025

Open Date

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02 Jul 2025

Close Date

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03 Jul 2025

Allotment Date

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07 Jul 2025

Listing Date

Vandan Foods IPO open date is June 30, 2025, and the closing date is July 2, 2025. This upcoming IPO is offering total issue size of 26.40 lakh equity shares. Vandan Foods IPO is a fixed price issue with a price of Rs 115 per share. Vandan Foods IPO allotment status is available on July 3, 2025. Vandan Foods IPO lot size is 1200 shares. The minimum investment for the retail investors is 1 lot of Rs 1,38,000. The registrar for Vandan Foods IPO is Bigshare Services Pvt Ltd. Vandan Foods IPO listing date is July 7, 2025.

Know Before Investing

Strengths icon

  • Serves both B2B and B2C markets with a diversified client base.
  • Led by experienced promoters and a capable leadership team.
  • Scalable and efficient business operations support future growth.

Weaknesses icon

  • Heavy reliance on castor oil narrows product diversification.
  • Operating cash flow turned negative in the most recent period.
  • Financial growth is recent with a limited historical track record.

About Vandan Foods Limited

Vandan Foods Limited, established in 2015, is a Gujarat-based manufacturer specializing in Refined F.S.G. Castor Oil and Castor De-Oiled Cake. The company operates on both B2B and B2C models, supplying its products across key Indian states such as Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana. With a strategic manufacturing presence in Dhinoj Patan, Gujarat, Vandan Foods leverages advanced processes, including oil expellers and solvent extraction plants, to ensure high-quality output.The company’s refined castor oil is widely used in industries like lubricants, paints, pharmaceuticals, cosmetics, and printing inks, while its de-oiled cake serves as an eco-friendly organic fertilizer, rich in essential nutrients for agriculture. Vandan Foods emphasizes stringent quality control, ISO-certified processes, and efficient resource management to deliver consistent value to its customers. Backed by experienced leadership, the company has demonstrated robust revenue growth and a commitment to sustainable practices, positioning itself as a reliable supplier in the edible oils and agro-processing sector.

Founded

2015

Managing Director

Jitendra Rameshbhai Patel

Parent Organization

-

IPO Objectives

Vandan Foods intends to utilise the IPO proceeds to meet its working capital requirements and to prepay or repay certain outstanding borrowings. A portion of the funds will also be allocated towards capital expenditure for expanding the Dhinoj facility (CAPEX) and for general corporate purposes.

Company Promoters

Kalpeshkumar Bhagavandas Thakkar

Rakeshkumar Rameshbhai Patel

Jitendra Rameshbhai Patel

Jyotsana Jitendrabhai Patel

Kalpesh Kumar Thakkar HUF

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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