The Vandan Foods IPO minimum market lot is 1200 shares with ₹1,38,000 application amount. The Vandan Foods IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Vandan Foods IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.10 | 0.41 |
| RII | 0.55 | 1.52 | 3.09 |
| Total | 0.27 | 0.81 | 1.75 |
Vandan Foods IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Vandan Foods IPO Review and Rating
- Avoid
Vandan Foods IPO Form
How to apply for the Vandan Foods IPO? You can apply for Vandan Foods IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vandan Foods IPO in the Invest section. The other option is you can apply for Vandan Foods IPO via IPO forms downloaded online. Check out the Vandan Foods forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
