What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Vandan Foods Limited IPO?

Vandan Foods Limited IPO has received a total subscription of 1.75 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Vandan Foods Limited

ListedSME

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

2 Jul 2025

Allotment

3 Jul 2025

Refund

4 Jul 2025

Demat Credit

5 Jul 2025

Listing

7 Jul 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.75x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.41x

High Net-Worth

Retail (RII)

3.09x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.75x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,254,000	511,200	0.41x
RETAIL	1,254,000	3,876,000	3.09x
Total	2,508,000	4,387,200	1.75x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 2.99x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	770	2,379	3.09x
HNIs (10L +)	5	2	0.41x
HNIs (2-10L)	24	10	0.41x
Total Applications	799	2,391	2.99x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Vandan Foods Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Vandan Foods Limited IPO GMP today?

Currently, Vandan Foods Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹115 to ₹115 per equity share.

What is the expected profit per lot for Vandan Foods Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,38,000. Expected listing price is ₹115 per equity share.

What is the issue size and price band for Vandan Foods Limited IPO?

The Vandan Foods Limited IPO aggregate issue size is ₹30.36 Crores with an equity price band set at ₹115 to ₹115 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,38,000.

How can I check Vandan Foods Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.75x (Retail: 3.09x, QIB: 0.00x, NII: 0.41x). You can track live multiples directly on our dedicated subscription page.

Where and when will Vandan Foods Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-07-03. Investors can verify status using PAN card or application number.

When is the listing date for Vandan Foods Limited IPO?

Vandan Foods Limited shares are scheduled to list on BSE on 2025-07-07.