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Vandan Foods IPO
1.73xsubscribed

Vandan Foods IPO

Consumer Food
listed
₹1.38LMin. investment

Vandan Foods Limited IPO Details

SectorConsumer Food
Price range₹115 – ₹115
IPO type
SME
Lot size1200 shares
Issue size₹30Cr
Red Herring Prospectus
Read
Market cap
₹96.43CrLower than sector avg
RevenueApr 8 - Mar 9
₹48.73CrLower than sector avg
Growth rate3Y CAGR
476%

Vandan Foods IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Jun-25
0.0 times (X)
0.0 times (X)
0.55 times (X)
0.27 times (X)
01-Jul-25
0.0X
0.1X
1.52X
0.81X
02-Jul-25
0.0X
0.4X
3.06X
1.73X

As on 30-Jun-25, 5:30 PM

Vandan Foods IPO Timeline

  1. Pre-apply
    29 Jun 2025
  2. Bid start
    30 Jun 2025
  3. Bid end
    2 Jul 2025
  4. Allotment
    3 Jul 2025
  5. Release of funds
    4 Jul 2025
  6. Demat transfer
    4 Jul 2025
  7. Listing
    7 Jul 2025

About Vandan Foods Limited

Incorporated on December 2015, Vandan Foods Limited is engaged in the manufacturing of castor oil and its derivatives. The company operates under a robust B2B model with a strong domestic market presence. Its core product is refined F.S.G. castor oil, a high-grade, non-volatile fatty oil, which is used as cosmetic, in pharma products, lubricants, paints and more. The company also manufactures castor cake, a byproduct used as an organic fertiliser. Headquartered in Gujarat, the company’s manufacturing facilities at Dhinoj Patan are strategically designed for scalability, with a total installed capacity of 4,667 MTPA and utilisation rate of 80.5% as of August 31, 2024. The company has established a loyal customer base across Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Vandan Foods Limited IPO

Working capital
28.20%
The Company plans to allocate ₹8.57 crore towards funding its working capital needs.
Expansion of existing facility
27.31%
The company will use ₹8.29 crore for expansion of the Dhinoj facility.
General Corporate Purposes
24.70%
The company will spend ₹7.51 crore towards its general corporate purposes.
Issue expenses
10.00%
The company will use ₹2.98 crore towards IPO issue expenses.
Repayment of loan
9.80%
₹3 crore will be used to repay outstanding borrowings

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹48.73Cr476%₹2.64Cr₹96.43Cr12.480.99
This sector (avg.)₹1,087.57Cr0%₹78.55Cr₹7,146.66Cr43.500.91
₹20,201.56Cr---₹3,207.59Cr₹2,56,928.6Cr78.770.29
₹20,481.33Cr---₹2,634.29Cr₹1,59,376.2Cr53.620.17
₹17,942.67Cr---₹2,177.86Cr₹1,41,160.9Cr60.930.29

*Revenue for financial year 8-9. Lower P/E and D/E ratios are generally preferred.

Vandan Foods IPO Contact Details

Company NameVandan Foods Limited

How to apply for Vandan Foods IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Vandan Foods Limited IPO FAQs