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Vandan Foods Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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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  
 
Projects
To meet working capital requirementsFunding the capital expenditure requirements for expansion of its Dhinoj facility (Capex)
prepayment or repayment of all or a portion of certain outstanding borrowings availed by the companyGeneral corporate purposes
Promoted By
Kalpeshkumar Bhagavandas Thakk  
Rakeshkumar Rameshbhai Patel  
Jitendra Rameshbhai Patel  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd