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Vandan Foods Ltd

Issue
Opens On Closes On
30-Jun-25 02-Jul-25
Money Payable On
Application Allotment
115.00 0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr) 27.37 Nirbhay Capital Services Pvt Ltd
Project Financed through Current Offer (₹.Cr) 30.36  
Post Issue Equity Share Capital (₹.Cr) 8.38
Issue Price (₹) 115.00
Projects

To meet working capital requirements

prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company

Funding the capital expenditure requirements for expansion of its Dhinoj facility (Capex)

General corporate purposes

Promoted By
Kalpeshkumar Bhagavandas Thakk
Rakeshkumar Rameshbhai Patel
Jitendra Rameshbhai Patel
Listing At
BSE - SME
Registrar to the Issue
No Data Available
  • Registered Office: No. 503/B Wall Street,Nr.Rly.Crossing Ellisbridge, Ahmedabad - 380006, Gujarat, India. Phone : +091-89801 21363   Fax:
  • Email : cs@vandanfoods.in
  • Website :www.vandanfoods.in
Public issue of 26,40,000 equity shares of face value of Rs. 10/- each of Vandan Foods Limited ("VFL)" or the "Company" or the "Issuer") for cash at a price of Rs. 115/- per equity share including a share premium of Rs. 105/- per equity share (the "Issue Price") aggregating to Rs. 30.36 crores ("the Issue"), of which 1,32,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 115/- per equity share including a share premium of Rs. 105/- per equity share aggregating to Rs. 1.52 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 25,08,000 equity shares of face value of Rs. 10/- each at a price of Rs. 115/- per equity share including a share premium of Rs. 105/- per equity share aggregating to Rs. 28.84 crores is herein after referred to as the "Net Issue". the issue and the net issue will constitute 31.49 % and 29.91 % respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 115/- each i.e. 11.5 times of the face value of the equity shares. The minimum lot size is 1200 equity shares