Vandan Foods IPO subscription started on Monday, June 30, 2025, and will close on July 2, 2025, as per the schedule. The price band is ₹153 to ₹161 per share with a face value of ₹10 each.
Vandan Foods IPO Subscription Status
Vandan Foods IPO subscribed over 1.75x on its Last day till 05.00 PM on 2nd July 2025.
- Vandan Foods IPO subscription QIB investors portion is 0x times, while NII subscribed 0.41x times, and RII investors subscribed 3.09x times.
- The company has received bids for 43,87,200 shares against 25,08,001 shares on offer on the Last day.
- Vandan Foods IPO subscribed over 0.81x on day 2.
- Vandan Foods IPO subscribed over 0.27x on day 1.
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 crores in 2023. The company reported a profit of ₹2.64 crores in 2024 against a profit of ₹0.64 crores in 2023.
Vandan Foods IPO GMP:
Vandan Foods IPO GMP was ₹0 as of Wednesday, 2nd July. That indicates the IPO is trading at ₹115 with a ₹0 premium in the grey market against the issue price of ₹115.
