Vandan Foods IPO Date, Review, Price, Allotment Details

Vandan Foods IPO Details

Vandan Foods IPO Market Lot

The Vandan Foods IPO minimum market lot is 1200 shares with ₹1,38,000 application amount.

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.

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 ₹48.73 crores in 2024 against ₹11.59 crore in 2023. The company reported profit of ₹2.64 crores in 2024 against profit of ₹0.64 crores in 2023.

Amount ₹ in Crores

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.

Peer Group Comparison

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
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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/

Vandan Foods IPO FAQs