vandan foods limited IPO
IPO Overview
Vandan foods limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹115 per share, and retail investors can apply with a minimum investment of ₹2.76 L as per IPO guidelines.
The Vandan foods limited IPO opens on 30 Jun 2025 and closes on 2 Jul 2025. The IPO allotment is expected to be finalized on 3 Jul 2025, and the equity shares are proposed to be listed on BSE on 7 Jul 2025.
Investors can refer to the Vandan foods limited IPO RHP-DRHP for detailed information. The issue is managed by Nirbhay Capital Services Private Limited as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company operates as both B2B and B2C models; the company emphasizes quality control, inventory management, and business development to ensure customer satisfaction.
The company supplies its products across Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana. Its manufacturing facilities are located in Dhinoj Patan, Gujarat, at two specific addresses.
Products:
Refined Castor Oil First Stage Grade (F.S.G.): The company produces F.S.G. Castor Oil, a refined, bleached oil used in lubricants, paints, pharmaceuticals, textiles, and more. It also offers health benefits like relieving constipation and promoting hair and skin growth.
Castor De-Oiled Cake: The company produces Castor De-Oil Cake, a natural fertilizer rich in nitrogen, phosphoric acid, and potash. It promotes soil microbial activity and serves as an effective alternative to chemical fertilizers.
As of December 31, 2024, the company has 16 permanent employees.
Competitve Strengths:
Experienced Promoters and Management Team
Quality Control and Quality Assurance
Diversified business model and customer base
Scalable Business Model
Smooth flow of operations
Optimal Utilization of Resources
Investment Objective
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