{"id":38866,"date":"2025-06-30T11:58:00","date_gmt":"2025-06-30T06:28:00","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/30\/vandan-foods-limited-ipo-opens-on-june-30-2025\/"},"modified":"2025-06-30T11:58:00","modified_gmt":"2025-06-30T06:28:00","slug":"vandan-foods-limited-ipo-opens-on-june-30-2025","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/30\/vandan-foods-limited-ipo-opens-on-june-30-2025\/","title":{"rendered":"Vandan Foods Limited IPO Opens on June 30, 2025"},"content":{"rendered":"<div>\n<p><b>Navi Mumbai (Maharashtra) [India], June 30:<\/b><span style=\"font-weight: 400;\"> Vandan Foods Limited (The Company, Vandan) is manufacturer of Refined Castor Oil and Castor De-Oiled Cake, proposes to open its Initial Public Offering on Monday, June 30, 2025, aiming to raise \u20b9 30.36 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The issue size is 26,40,000 equity shares at a face value of \u20b910 each with an IPO Price of \u20b9 115 Per Share.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Equity Share Allocation<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Non-Institutional Investors \u2013 12,54,000 Equity Shares<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Retail Individual Investors \u2013 12,54,000 Equity Shares<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Market Maker \u2013 1,32,000 Equity Shares<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The net proceeds from the IPO will be utilized by the Company for the prepayment or repayment of all or a portion of certain outstanding borrowings, funding the capital expenditure required for the expansion of the Dhinoj Facility, meeting its working capital needs and general corporate purposes. The issue will open on June 30, 2025 and issue will close on July 02, 2025.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Lead Manager to the Issue is Nirbhay Capital Services Private Limited, The Registrar to the Issue is Bigshare Services Private Limited.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mr. Jitendra Rameshbhai Patel, Managing Director of Vandan Foods Limited expressed \u201cThis IPO represents a defining step forward for Vandan Foods Limited as we strengthen our position in the castor oil value chain. From our humble beginnings in catering and agro-trading to becoming a B2B supplier of castor derivatives, our journey has been driven by innovation and quality. The proceeds from this offering will enable us to expand our facility, optimize our operations, and meet the growing demand across markets. We remain committed to sustainable growth and creating long-term value through operational excellence.\u201d<\/span><\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Navi Mumbai (Maharashtra) [India], June 30: Vandan Foods Limited (The Company, Vandan) is manufacturer of Refined Castor Oil and Castor De-Oiled Cake, proposes to open its Initial Public Offering on Monday, June 30, 2025, aiming to raise \u20b9 30.36 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. The&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/06\/30\/vandan-foods-limited-ipo-opens-on-june-30-2025\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Vandan Foods Limited IPO Opens on June 30, 2025&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":38867,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-38866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=38866"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/38866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/38867"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=38866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=38866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=38866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}