
Manufacturing · BSE
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.
Price Band
₹115
Issue Size
₹30.36 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹115
at current GMP
Subscribed
1.75x
overall
Open
30 Jun 2025
Close
2 Jul 2025
Allotment
3 Jul 2025
Refund
4 Jul 2025
Demat Credit
5 Jul 2025
Listing
7 Jul 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
3 Jul 2025
Basis finalization
Refunds Initiate
4 Jul 2025
Mandate release
Demat Credit
5 Jul 2025
Shares in demat
Listing Debut
7 Jul 2025
Trading begins
Vandan Foods Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹30.36 Crores. The shares are offered at a price band of ₹115 to ₹115 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,38,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-05, while un-allotted funds or UPI block mandates will be released on 2025-07-04.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.