Vandan Foods IPO Details
| IPO Open Date: | June 30, 2025 |
| IPO Close Date: | July 2, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹115 Per Share |
| Issue Size: | Approx ā¹30.36 Crores |
| Fresh Issue: | Approx ā¹30.36 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Vandan Foods IPO Market Lot
The Vandan Foods IPO minimum market lot is 1200 shares with ā¹1,38,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ā¹1,38,000 |
| Retail Maximum | 1 | 1200 | ā¹1,38,000 |
| S-HNI Minimum | 2 | 2,400 | ā¹2,76,000 |
Vandan Foods IPO Dates
The Vandan Foods IPO date is June 30 and the close date is July 2. The Vandan Foods IPO allotment will be finalized on July 3 and the IPO listing on July 7.
| IPO Open Date: | June 30, 2025 |
| IPO Close Date: | July 2, 2025 |
| Basis of Allotment: | July 3, 2025 |
| Refunds: | July 4, 2025 |
| Credit to Demat Account: | July 4, 2025 |
| IPO Listing Date: | July 7, 2025 |
Promoters of Vandan Foods IPO
The promoters of the company are Mr. Kalpeshkumar Bhagavandas Thakkar, Mr. Rakeshkumar Rameshbhai Patel, Mr. Jitendra Rameshbhai Patel, Mrs. Jyotsana Jitendrabhai Patel, and Kalpesh Kumar Thakkar HUF.
About Vandan Foods IPO
Vandan Foods Limited, founded in 2015, is one of the growing companies involved in the manufacturing of Refined F.S.G. Castor Oil, Castor De Oil Cake, and its derivatives. Castor oil has many skin-related benefits, it is used to treat skin problems and infections, relieve constipation, and improve hair health. Initially, in 2018, the company started its work in the catering business, and then in 2023, the company was involved in the trading of agro commodities. Their products, such as castor oil and its by-products, are mainly used in cosmetics, hair oils, fungus-control products, embalming fluids, printing inks, soaps, lubricants, greases, hydraulic fluids, dyeing helpers, and textile finishing materials. Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana are some of the states where the company supplies its products, with its manufacturing facilities located at Dhinoj Patan, Gujarat. As of December 31, 2024, the company includes 16 permanent employees.
Vandan Foods IPO Company Financial Report
The company reported revenue of ā¹48.73 crores in 2024 against ā¹11.59 crore in 2023. The company reported profit of ā¹2.64 crores in 2024 against profit of ā¹0.64 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹1.61 | ā¹1.75 | ā¹0.11 | ā¹4.20 |
| 2023 | ā¹11.59 | ā¹10.73 | ā¹0.64 | ā¹4.74 |
| 2024 | ā¹48.73 | ā¹45.20 | ā¹2.64 | ā¹12.12 |
| December 2024 | ā¹72.66 | ā¹66.60 | ā¹4.54 | ā¹31.69 |
Vandan Foods IPO Valuation – FY2024
Check Vandan Foods IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 45.41% |
| ROCE: | 37.33% |
| EBITDA Margin: | 7.48% |
| PAT Margin: | 5.43% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹4.64 (Basic) |
| Price/Earning P/E Ratio: | 24.78 |
| Return on Net Worth (RoNW): | 27.92% |
| Net Asset Value (NAV): | ā¹16.62 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NK Industries Limited | (1.71) | NA | 0.34% | (572.66) | (344.10)Cr. |
| Jayant Agro-Organics Limited | 17.59 | 14.98 | 10.12% | 181.07 | 543.21 Cr. |
Objects of the Issue
- To Meet Working Capital Requirements
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- Funding the capital expenditure requirement for expansion of the Dhinoj Facility (CAPEX)
- General Corporate Purpose
Vandan Foods IPO Review
- IPO Watch – Avoid
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Vandan Foods IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Nirbhay Capital Services Private Limited
Company Address
Vandan Foods Limited
503/B, Wall Street-1, Opp
Orient Club, Nr. Rly. Crossing,
Ellisbridge
Ahmedabad, Gujarat, 380006
Phone: 91-8980121363
Email: [email protected]
Website: http://www.vandanfoods.in/
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