Vandan Foods Ltd IPO |
Registered Office:
No. 503/B Wall Street,Nr.Rly.Crossing Ellisbridge
,
Ahmedabad
-
380006
,
Gujarat
, India.
Phone :
+091-89801 21363 Fax:
Email : cs@vandanfoods.in
Website : www.vandanfoods.in
|
Public issue of 26,40,000 equity shares of face value of
(Rs)10/- each of Vandan Foods Limited ("VFL)" or the "Company" or the "Issuer") for cash at a price of (Rs)115/- per equity share including a share premium of (Rs)105/- per equity share (the "Issue Price") aggregating to (Rs)30.36 crores ("the Issue"), of which 1,32,000 equity shares of face value of
(Rs)10/- each for cash at a price of (Rs)115/- per equity share including a share premium of (Rs)105/- per equity share aggregating to (Rs)1.52 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 25,08,000 equity shares of face value of
(Rs)10/- each at a price of (Rs)115/- per equity share including a share premium of (Rs)105/- per equity share aggregating to (Rs)28.84 crores is herein after referred to as the "Net Issue". the issue and the net issue will constitute 31.49 % and 29.91 % respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10/- each and the issue price is (Rs)115/- each i.e. 11.5 times of the face value of the equity shares.
The minimum lot size is 1200 equity shares |
Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
30-Jun-25 |
02-Jul-25 |
(Rs)115.00-0.00 |
(Rs)0.00-0.00 |
Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
|
(Rs Cr) |
Lead Managers to the Issue |
Project Cost |
27.37 |
Nirbhay Capital Services Pvt Ltd |
|
Project Financed through Current Offer |
30.36 |
|
Post Issue Equity Share Capital |
8.38 |
|
Issue Price |
(Rs)115.00 |
|
|