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15 Days Price Change

Vandan Foods IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 115  to  -- per share
Profile
Min Investment ₹--
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Prior to financial year 2018, our Company was engaged in the catering business. However, from financial year 2018 till financial year 2023, our Company was engaged in the trading of agro commodities. Thereafter, from the financial year 2024 our current promoters have been actively managing the business of manufacturing of Castor Oil and its derivatives. We are currently operating on a B2B business model primarily focusing on Refined F.S.G. Castor Oil, Castor De Oil Cake. Read More

Basic Info

Face Value 10 per share

Price 115  to  -- per share

P/E (x) --

Sales( Cr.) 108

PAT( Cr.) 7

EPS 13.8

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Kalpeshkumar Bhagavandas Thakkar Rakeshkumar Rameshbhai Patel Jitendra Rameshbhai Patel Jyotsana Jitendrabhai Patel Kalpesh Kumar Thakkar HUF

Pre Issue Share Holding 96.94%

Post Issue Share Holding 66.42%

Listing Details:

Listing Price: 125

Listing Gain: 8%

Current Price: 34

Gain On Issue: 34 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jun 30, 2025
Closing Date Jul 02, 2025
Allotment Jul 03, 2025
Refund Jul 04, 2025
Delivery of Shares Jul 04, 2025
Listing Date Jul 07, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 --
Retail (Max) -- -- --
S-HNI (Min) 1 1200 --
S-HNI (Max) -- -- --
B-HNI (Min) 1 1200 --

Objective of the Issue

1. To Meet Working Capital Requirements 2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company 3. Funding the capital expenditure requirement for expansion of our Dhinoj Facility (CAPEX) 4. General Corporate Purpose 5. To meet Public Issue Expenses

Issue

Category Nos Bid Bid (x)
QIB 0 4800 0x
NII 0 638400 0x
Retail 0 3876000 0x
EMP 0 0 0x
Total 0 4519200 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Vandan Foods Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1 12 49 108
Other Income 0 0 0 0
Total Income 2 12 49 108
Total Expenditure 2 11 45 97
Operating Profit 0 1 3 11
Interest 0 0 0 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax -0 1 3 9
Provision for Tax -0 0 1 2
Profit After Tax -0 1 2 7
Adjustments 0 0 0 0
Profit After Adjustments -0 1 2 7
Adjusted Earnings Per Share -5.2 2.1 4.3 12

Vandan Foods Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -0 2 9 16
Minority's Interest 0 0 0 0
Borrowings 3 0 0 8
Other Non-Current Liabilities -0 -0 -0 -0
Total Current Liabilities 1 3 3 25
Total Liabilities 4 5 12 49
Fixed Assets 1 0 6 6
Other Non-Current Assets 0 0 0 5
Total Current Assets 4 4 6 37
Total Assets 4 5 12 49

Vandan Foods Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 1
Cash Flow from Operating Activities 0 3 1 -12
Cash Flow from Investing Activities 0 0 -5 -6
Cash Flow from Financing Activities -0 -1 4 17
Net Cash Inflow / Outflow 0 1 -0 -1
Closing Cash & Cash Equivalent 0 1 1 0

Vandan Foods Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -5.2 2.14 4.28 12.02
CEPS(Rs) 3.63 2.6 4.47 12.36
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) -2.13 7.25 16.5 28.52
Core EBITDA Margin(%) -5.23 8.58 7.05 10.04
EBIT Margin(%) -9.19 7.41 6.83 9.86
Pre Tax Margin(%) -9.22 7.41 6.74 8.66
PAT Margin (%) -7.75 5.54 5.05 6.38
Cash Profit Margin (%) 5.42 6.72 5.27 6.56
ROA(%) -2.73 14.48 29.33 22.7
ROE(%) 0 60.39 42.2 53.41
ROCE(%) -3.98 28.75 55.24 48.35
Receivable days 170.44 11.63 1.7 10.53
Inventory Days 62.73 32.36 25.22 54.74
Payable days 1903.35 23.32 0.75 18.77
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 2.29 -0.06 0.04 0.22
EV/Core EBITDA(x) 57.65 -0.69 0.55 2.21
Net Sales Growth(%) 0 685.73 320.33 122.03
EBIT Growth(%) 0 733.48 287.39 220.68
PAT Growth(%) 0 662.38 282.56 180.88
EPS Growth(%) 0 141.23 99.83 180.87
Debt/Equity(x) -73.62 0.18 0 1.12
Current Ratio(x) 4.59 1.68 2.44 1.5
Quick Ratio(x) 4.28 0.98 0.57 0.39
Interest Cover(x) -271.2 0 81.36 8.18
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 120% 376% 0% 0%
Operating Profit CAGR 267% 0% 0% 0%
PAT CAGR 250% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 53% 52% 39% 39%
ROCE Average 48% 44% 32% 32%

Company Contact Information

Vandan Foods Ltd.

Aayushi Naresh Bhatia

+ 91-8980121363

cs@vandanfoods.in

B - 902 Swati Trinity Applewood Township Near Shantipura

IPO Lead Manager(s)

Vandan Foods Ltd.

Nirbhay Capital Services Pvt Ltd.

Registrar Info

Vandan Foods Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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