IPO Details

Vandan Foods Ltd
Registered Office: No. 503/B Wall Street, Nr.Rly.Crossing Ellisbridge, Ahmedabad - 380006, Gujarat
Phone: +091-89801 21363
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-2025	02-Jul-2025	₹ 115.00	₹ 0.00

Projects
To meet working capital requirements
prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
Funding the capital expenditure requirements for expansion of its Dhinoj facility (Capex)
General corporate purposes

Promoted By
Kalpeshkumar Bhagavandas Thakk
Rakeshkumar Rameshbhai Patel
Jitendra Rameshbhai Patel

Listing At
BSE - SME

Registrar to the Issue