IPO

IPO Synopsis

Vandan Foods Ltd
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 Rs10/- each of Vandan Foods Limited ("VFL)" or the "Company" or the "Issuer") for cash at a price of Rs115/- per equity share including a share premium of Rs105/- per equity share (the "Issue Price") aggregating to Rs30.36 crores ("the Issue"), of which 1,32,000 equity shares of face value of Rs10/- each for cash at a price of Rs115/- per equity share including a share premium of Rs105/- per equity share aggregating to Rs1.52 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 Rs10/- each at a price of Rs115/- per equity share including a share premium of Rs105/- per equity share aggregating to Rs28.84 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 Rs10/- each and the issue price is Rs115/- 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 requirements Funding 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 company General corporate purposes
Promoted By Listing At Registrar to the Issue
  Kalpeshkumar Bhagavandas Thakk
  Rakeshkumar Rameshbhai Patel
  Jitendra Rameshbhai Patel
 BSE - SME
No Data Found.

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