Vandan Foods IPO

Issue:₹115

List:₹115

CMP:₹40

BSELot: 1200SME

LISTEDSME

Issue Price₹115

Listing₹115

Current₹40

Price Band

₹115 - ₹115

Lot Size

1,200

Issue Size

₹30.36 Cr

GMP

₹0

Subscription

0.27x

Content

IPO Schedule

Open

30 Jun

2 Jul

Allotment

Listing

7 Jul

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.

Subscription Status

QIB

0.00x

NII

0.00x

Retail

0.55x

Category	Day 3	Day 2	Day 1
QIB	0.00x	0.00x	0.00x
NII	0.41x	0.10x	0.00x
Retail	3.09x	1.52x	0.55x
Total	1.75x	0.81x	0.27x

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.