Loading...
Guest User
Welcome! Please login.
| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹30.36 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹30.36 Cr |
| Fresh Issue | ₹28.84 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹115.00 per share |
| BSE Code | 544436 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Nirbhay Capital Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2015, Vandan Foods Limited is engaged in the manufacturing of Refined F.S.G. Castor Oil and Castor Oiled Cake.
The company operates as both B2B and B2C models; the company emphasizes quality control, inventory management, and business development to ensure customer satisfaction.
The company supplies its products across Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana. Its manufacturing facilities are located in Dhinoj Patan, Gujarat, at two specific addresses.
Products:
As of December 31, 2024, the company has 16 permanent employees.
Competitve Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 8.57 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 3.00 |
| 3 | Funding the capital expenditure requirement for expansion of the Dhinoj Facility (CAPEX) | 8.29 |
| 4 | General Corporate Purposes | 7.51 |
| 5 | Issue Expenses | 2.99 |
| Total | 30.36 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 31.69 | 12.12 | 4.74 | 4.20 |
| Total Income | 72.66 | 48.73 | 11.59 | 1.61 |
| Profit After Tax | 4.54 | 2.64 | 0.64 | -0.11 |
| EBITDA | 6.92 | 3.65 | 0.99 | -0.08 |
| NET Worth | 14.01 | 9.47 | 2.18 | -0.05 |
| Reserves and Surplus | 8.26 | 6.60 | 2.04 | -0.06 |
| Total Borrowing | 13.89 | 0.39 | 3.45 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 45.41% |
| ROCE | 37.33% |
| RoNW | 27.92% |
| PAT Margin | 5.43% |
| EBITDA Margin | 7.48% |
| Price to Book Value | 6.92 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.60 | 7.21 |
| P/E (x) | 24.98 | 15.94 |
| Promoter Holding | 96.94% | 66.42% |
| Market Cap | ₹96.43 Cr. | |
