243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Vandan Foods Limited

Ahmedabad

Date of DRHP : 18 Dec 2024

Issue Type : Fixed Price Issue

IPO Type :
SME IPO

Vandan Foods Basic Details

   Oil and Gas

Sub Sector: focusing on Refined F.S.G. Castor Oil, Castor De Oil Cake

Exchange:
BSE Emerge

About the Company

The company is currently operating on a B2B business model primarily focusing on Refined F.S.G. Castor Oil, Castor De Oil Cake. Castor Oil, nonvolatile fatty oil obtained from the seeds of the castor bean, Ricinus Communis, of the spurge family (Euphorbiacee). It is used in the production of synthetic resins, plastics, fibres, paints, varnishes and various chemicals including drying oils and plasticizers. Castor Oil is viscous, has a clear and colourless to amber or greenish appearance, a faint characteristic odour and a bland but slightly acrid taste, with a usually nauseating aftertaste. Castor Oil is obtained from castor beans either by pressing or by solvent extraction. In addition to the uses mentioned above, castor oil and its derivatives are used in cosmetics, hair oils, fungistatic (fungus-growth-inhibiting) compounds, embalming fluid, printing inks, soap, lubricants, greases and hydraulic fluids, dyeing aids and textile finishing materials. Due to its renewability and high versatility in addition to being the only commercial source of a hydroxylated fatty acid, castor oil has been used as a vital raw material for the chemical industry

Financial Summary (Annualised Basis)

Revenue :
112.39 Cr.

PAT :
5.40 Cr.

Vandan Foods IPO Lead Manager(s)

Nirbhay Capital Services Private Limited

Vandan Foods IPO Registrar

Bigshare Services Private Limited

Vandan Foods DRHP Details

Objects of issue

  • To Meet Working Capital Requirements
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
  • Funding the capital expenditure requirement for expansion of our Dhinoj Facility (CAPEX)
  • General Corporate Purpose
  • To meet Public Issue Expenses

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FAQs

Vandan Foods operates in Oil and Gas and focusing on Refined F.S.G. Castor Oil, Castor De Oil Cake. The Issue would be listed on SME. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Vandan Foods is Fixed Price Issue and Object of issue is

  • To Meet Working Capital Requirements
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
  • Funding the capital expenditure requirement for expansion of our Dhinoj Facility (CAPEX)
  • General Corporate Purpose
  • To meet Public Issue Expenses

The DRHP (Draft Red Herring Prospectus) of Vandan Foods IPO was filed on 18 Dec 2024.

No, Vandan Foods IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Vandan Foods are not available now. You can apply in Vandan Foods IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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