Vandan Foods IPO is a fixed price of ₹30.36 crores. The issue is entirely a fresh issue of 26.40 lakh shares.
Vandan Foods IPO opens for subscription on June 30, 2025 and closes on July 2, 2025. The allotment for the Vandan Foods IPO is expected to be finalized on Thursday, July 3, 2025. Vandan Foods IPO will be list on BSE SME with a tentative listing date fixed as Monday, July 7, 2025.
The Vandan Foods IPO price is ₹115 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,38,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,76,000.
Nirbhay Capital Services Private Limited is the book-running lead manager of the Vandan Foods IPO, while Bigshare Services Private Limited is the registrar to the issue. The market maker for the Vandan Foods IPO is Aftertrade Broking Private Limited.
Vandan Foods IPO Details
| IPO Date | June 30, 2025 to July 2, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹115 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 26,40,000 shares (aggregating up to ₹30.36 Cr) |
| Reserved for Market Maker | 1,32,000 shares (aggregating up to ₹1.52 Cr)Aftertrade Broking Pvt Ltd |
| Net Offered to Public | 25,08,000 shares (aggregating up to ₹28.84 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,44,800 shares |
| Share Holding Post Issue | 83,84,800 shares |
Vandan Foods IPO Timeline (Tentative Schedule)
Vandan Foods IPO opens on June 30, 2025, and closes on July 2, 2025.
| IPO Open Date | Mon, Jun 30, 2025 |
| IPO Close Date | Wed, Jul 2, 2025 |
| Tentative Allotment | Thu, Jul 3, 2025 |
| Initiation of Refunds | Fri, Jul 4, 2025 |
| Credit of Shares to Demat | Fri, Jul 4, 2025 |
| Tentative Listing Date | Mon, Jul 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 2, 2025 |
Vandan Foods IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,38,000 |
| Retail (Max) | 1 | 1200 | ₹1,38,000 |
| HNI (Min) | 2 | 2,400 | ₹2,76,000 |
| Lot Size Calculator | |||
Vandan Foods IPO Promoter Holding
Mr. Kalpeshkumar Bhagavandas Thakkar, Mr. Rakeshkumar Rameshbhai Patel, Mr. Jitendra Rameshbhai Patel, Mrs. Jyotsana Jitendrabhai Patel, and Kalpesh Kumar Thakkar HUF are the promoters of the company.
Company Financials
Vandan Foods Limited Financial Information (Restated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| 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 |
| 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 | ||||
Key Performance Indicator (KPI)
The market capitalization of Vandan Foods IPO is ₹96.43 Cr.
| KPI | Values |
|---|---|
| ROE | 45.41% |
| ROCE | 37.33% |
| RoNW | 27.92% |
| EBITDA Margin | 7.48% |
| Price to Book Value | 6.92 |
About Vandan Foods Limited
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.