Vandan Foods Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Following its successful public offering, Vandan Foods Limited's made its market debut on Jul 07, 2025 and is now actively traded on the BSEplatform. The IPO mobilized 26,40,000 Shares in total capital, including 26,40,000 Shares in primary equity infusion.
The offering was structured with a price band of ₹115 to ₹115 and minimum investment lots of 1200 shares. Investor participation during the subscription window from Jun 30, 2025 to Jul 02, 2025 demonstrated market confidence in the company's prospects.
The allotment process concluded on Jul 03, 2025, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Vandan Foods Limited, incorporated in 2015, is involved in the manufacturing of Refined First Stage Grade (F.S.G.) Castor Oil and Castor De-Oiled Cake. The company operates under both B2B and B2C models, focusing on quality control, inventory management, and business development to ensure customer satisfaction. Its manufacturing facilities are located in Dhinoj Patan, Gujarat. Vandan Foods supplies its products to several states across India, including Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana. The company produces refined F.S.G. Castor Oil, commonly used in lubricants, paints, pharmaceuticals, textiles, and other industries, while also offering benefits for hair, skin, and digestion. It also manufactures Castor De-Oiled Cake, a natural fertilizer rich in essential nutrients that enhances soil health and acts as an eco-friendly alternative to chemical fertilizers. As of December 31, 2024, the company employs 16 permanent staff members.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Leadership Team: Promoters and management bring deep industry knowledge and expertise.
- Focus on Quality Standards: Strong quality control processes ensure reliable and consistent products.
- Diversified Customer Base: Mix of B2B and B2C clients reduces risk and avoids overdependence on one segment.
- Revenue Depends on Key Customers: Heavy reliance on a few clients could affect stability if relationships decline.
- High Supplier Dependency: Limited supplier base may cause delays or cost hikes, impacting operations.
- Operations Focused in Gujarat: Regional concentration exposes the business to local risks and disruptions.
- Mr. Kalpeshkumar Bhagavandas Thakkar
- Mr. Rakeshkumar Rameshbhai Patel
- Mr. Jitendra Rameshbhai Patel
- Mrs. Jyotsana Jitendrabhai Patel
- Kalpesh Kumar Thakkar HUF
Vandan Foods Limited
Bigshare Services Private Limited