Vandan Foods IPO

LISTED

SME

BSE • Lot Size: 1200 • SME

Issue₹115

→

Listed₹115+0%

→

Now₹45.5-60.4%

↓60.4%

*Last updated on 11 Jan 2026

Price Band

₹115 - ₹115

Lot Size

1200

Issue Size

₹30.36 Cr

GMP

N/A

Subscription

1.75x

Analyzing...

IPO Schedule

Open

30 Jun 2025

2 Jul 2025

Allotment

Listing

7 Jul 2025

About Vandan Foods

Vandan Foods Limited is engaged in the manufacturing of edible oils. The company focuses on producing high-quality refined oils for the Indian market, catering to both retail and institutional clients. They operate primarily within the SME segment of the food processing industry.

Key Strengths

High Return on Equity (ROE) of 45.41% indicates efficient utilization of shareholder funds and strong profitability.
Established presence in the edible oil manufacturing sector with potential for growth in the expanding Indian market.
Experienced management team with a proven track record in the food processing industry.
Strong relationships with suppliers and distributors ensuring a reliable supply chain.
Focus on quality control and adherence to industry standards enhancing brand reputation.

Risk Factors

•Exposure to fluctuations in raw material prices (e.g., crude oil, oilseeds) which can impact profitability.
•Intense competition from established players and other SME companies in the edible oil industry.
•Dependence on specific geographical regions for sales and distribution, making them vulnerable to regional economic downturns or disruptions.
•The SME segment is inherently more vulnerable to economic downturns compared to larger, more diversified companies.

Valuation Analysis

The IPO is priced at a P/E of 24.98, which seems reasonable considering the high ROE; however, investors should carefully consider the risks associated with SME IPOs and the cyclical nature of the edible oil industry before investing.