Vandan Foods IPO Allotment Status

How to Check Vandan Foods IPO Allotment Status?

Vandan Foods Limited, incorporated in 2015, is engaged in the manufacturing of Refined F.S.G. Castor Oil and Castor Oiled Cake, operating as both B2B and B2C models with emphasis on quality control, inventory management, and business development to ensure customer satisfaction, supplying products across Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana through manufacturing facilities located in Dhinoj Patan, Gujarat, producing F.S.G. Castor Oil used in lubricants, paints, pharmaceuticals, textiles and Castor De-Oil Cake serving as natural fertilizer rich in nitrogen, phosphoric acid, and potash, employing 16 permanent employees as of December 31, 2024.

The Vandan Foods IPO comes with a total issue size of ₹30.36 crore, comprising entirely a fresh issue of 26.40 lakh shares. The IPO opened on June 30, 2025, and closed on July 2, 2025. The allotment for the Vandan Foods IPO is expected to be finalized on Thursday, July 3, 2025. The Vandan Foods share price is set at ₹115 per share (fixed price).

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Steps to Check Vandan Foods IPO Allotment Status on Registrar Site

• Visit the Bigshare Services Pvt Ltd website
• Select "Vandan Foods IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Vandan Foods IPO Allotment Status on BSE SME

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Vandan Foods IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Vandan Foods IPO Subscription Status

Vandan Foods IPO received modest investor interest, being subscribed 1.75 times overall. The subscription showed mixed confidence across different categories in the Vandan Foods stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:32 PM on July 2, 2025:

• Retail Category: 3.09 times
• Qualified Institutional Buyers (QIB): 0.41 times (undersubscribed)
• Non-Institutional Investors (NII): No QIB allocation for this fixed price IPO

Vandan Foods Share Price and Investment Details

The Vandan Foods stock price is set at ₹115 per share (fixed price) with a minimum lot size of 1,200 shares. The minimum investment required for retail investors is ₹1,38,000, while HNI investors need to invest a minimum of ₹2,76,000 for 2 lots. Given the modest subscription response of 1.75 times overall, with NII category remaining undersubscribed at 0.41 times despite moderate retail response of 3.09 times, the Vandan Foods share price is expected to list with minimal premium or at par.

Utilisation of IPO Proceeds
 

The funds raised through the IPO will be utilised as follows:

• Working Capital Requirements: ₹8.57 crore
• Debt Repayment: Prepayment or repayment of certain outstanding borrowings (₹3.00 crore)
• Capital Expenditure: Expansion of the Dhinoj Facility (₹8.29 crore)
• General Corporate Purpose: ₹7.51 crore

Business Overview

The company operates in castor oil manufacturing having previously been in catering business and trading of agro commodities before venturing into castor oil manufacturing. Vandan Foods operates primarily in the castor oil processing sector, providing Refined F.S.G. Castor Oil for industrial applications and Castor De-Oil Cake for agricultural use through experienced promoters and management team, quality control and quality assurance processes, diversified business model and customer base, scalable business model, smooth flow of operations, and optimal utilization of resources.