Vandan Foods' IPO Allotment Today
By Shishta Dutta | Updated at: Oct 14, 2025 05:54 PM IST
Mumbai, 3 July 2025: The allotment status for Vandan Foods Limited’s ₹30.36 crore SME IPO has been officially announced today. The public offering, which closed on July 2, witnessed healthy demand, particularly from retail investors, with the issue subscribed 1.71 times overall. Investors can now verify their allotment online through the BSE portal or the registrar’s website.
Retail Demand Pushes Subscription Past 1.7x Despite Low Institutional Interest
Vandan Foods’ IPO garnered strong backing from individual investors, who subscribed 3.09 times their allotted quota. Non-institutional interest remained moderate at 0.54 times, while Qualified Institutional Buyers (QIBs) showed minimal participation at just 0.04 times.
IPO Subscription Overview (Final Day)
| Category | Shares Bid For | Applications | Subscription |
|---|---|---|---|
| Qualified Institutional Buyers | 4,800 | 2 | 0.04× |
| Non-Institutional Investors | 6,38,400 | 167 | 0.54× |
| Retail Individual Investors | 38,76,000 | 3,230 | 3.09× |
| Total | 45,19,200 | 3,399 | 1.71× |
Note: Only bids with valid PAN and DP IDs were accepted. UPI figures reflect accepted mandates (RC100 status).
Here’s How You Can Check Vandan Foods IPO Allotment Status Online
Investors who participated in the IPO can confirm their allotment through either of the two official platforms – the BSE website or the registrar Bigshare Services’ portal.
Steps to Check on BSE
- Visit the BSE IPO Application Status page: https://www.bseindia.com/investors/appli_check.aspx
- Select “Equity” as the issue type
- Choose “Vandan Foods Ltd” from the dropdown
- Enter your PAN and Application Number
- Complete the CAPTCHA and click “Submit”
Allotment status will be displayed immediately on submission.
Key Dates You Should Track After Allotment Confirmation
Following the announcement of allotments, refunds for unsuccessful applicants and demat credits for successful ones will take place as per the schedule below.
Key IPO Timeline
| Event | Date |
|---|---|
| Offer Period | June 30 – July 2, 2025 |
| Allotment Finalisation | July 3, 2025 (Today) |
| Refund Initiation | July 4, 2025 |
| Shares Credited to Demat | July 4, 2025 |
| Listing on BSE SME | July 7, 2025 |
IPO Details Recap
| Particulars | Details |
|---|---|
| IPO Price | ₹115 (Face value ₹10) |
| Lot Size | 1,200 shares |
| Issue Structure | 100% Fresh Issue (26.40 lakh shares) |
| Minimum Investment | ₹1,38,000 per lot |
| Listing Exchange | BSE SME |
| Tentative Listing Date | July 7, 2025 (Monday) |
| Registrar | Bigshare Services Pvt Ltd |
| Lead Manager | Nirbhay Capital Services Pvt Ltd |
| Market Maker | Aftertrade Broking Pvt Ltd |
What’s Next After Allotment? Refunds, Demat Credit, and Listing Day
Investors who did not receive allotment will begin receiving refunds from July 4, while successful applicants will see shares credited to their demat accounts the same day. Vandan Foods is expected to debut on the BSE SME platform on Monday, July 7, 2025.
About Vandan Foods: A Growing Player in Castor Derivatives
Founded in 2015 and headquartered in Gujarat, Vandan Foods Limited manufactures Refined First-Stage Grade (F.S.G.) Castor Oil and Castor De-Oiled Cake (DOC), serving a wide range of industries including pharmaceuticals, agriculture, cosmetics, and lubricants.
The company reported a revenue jump from ₹11.59 crore in FY23 to ₹48.73 crore in FY24, supported by scale-driven expansion in manufacturing and improved sourcing strategies.
Stay tuned as Vandan Foods prepares for its market debut, with all eyes on its listing performance in the coming week.
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