Vandan Foods IPO

About the company

Incorporated on December 2015, Vandan Foods Limited is engaged in the manufacturing of castor oil and its derivatives. The company operates under a robust B2B model with a strong domestic market presence. Its core product is refined F.S.G. castor oil, a high-grade, non-volatile fatty oil, which is used as cosmetic, in pharma products, lubricants, paints and more. The company also manufactures castor cake, a byproduct used as an organic fertiliser. Headquartered in Gujarat, the company’s manufacturing facilities at Dhinoj Patan are strategically designed for scalability, with a total installed capacity of 4,667 MTPA and utilisation rate of 80.5% as of August 31, 2024. The company has established a loyal customer base across Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan, and Telangana.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   30 Jun 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   02 Jul 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   03 Jul 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   04 Jul 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   04 Jul 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   07 Jul 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.