Vandan Foods Ltd.
Industry:
Solvent Extraction
Issue Details
Open Date
30 Jun 2025Close Date
02 Jul 2025Size (in Crs.)
30.36
Size (Shares)
-Listing On
BSE
Issue Terms
Price Range
115Lot Size
1200
Type
Fixed Price
Face Value
10
Market Lot
1
Objective of the Issue
1. To Meet Working Capital Requirements2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company3. Funding the capital expenditure requirement for expansion of our Dhinoj Facility (CAPEX)4. General Corporate Purpose5. To meet Public Issue Expenses
Description
Prior to financial year 2018, our Company was engaged in the catering business. However, from financial year 2018 tillfinancial year 2023, our Company was engaged in the trading of agro commodities. Thereafter, from the financial year2024 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. Show More
Address
503/ B, Wall Street-1 , Opp. Orient Club , Nr. Rly. Crossing, Ellisbridge
Ahmedabad
380006
Promoter Holding
Promoters:
Jitendra Rameshbhai Patel, Jyotsana Jitendrabhai Patel, Kalpesh Kumar Thakkar HUF, Kalpeshkumar Bhagavandas Thakkar, Rakeshkumar Rameshbhai Patel
Total Share Capital
5568800
Offered to Public
2650000
% Promoter's Holding (Pre-Issue)
96.94
% Promoter's Holding (Post-Issue)
66.42
Shares on offer
Total Share Offer
5568800
Of above offred to public
2650000
Post Issue shares
NA
Post Issue Promoters
66.42
Lead Managers to the Issue:
Nirbhay Capital Services Pvt Ltd.
Registrar Details
Registrar Name:
Bigshare Services Pvt Ltd
Address
Office No S6-2, 6th Floor, Pinnacle Business Park , Next to Ahura Centre, Mahakali Caves Road , Andheri (E) , Mumbai
400093