Vandan Foods Limited
- Minimum Investment₹1,38,000
- Price Range₹115 - ₹115
- Issue Size₹30.36 Cr
- Lot Size1200 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
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 requirement for expansion of their Dhinoj Facility (CAPEX)
General corporate purpose
To meet public issue expenses
Strengths & Weaknesses of Vandan Foods Limited
Quality
The company holds an ISO 9001:2015 certification for its quality management system in manufacturing castor oil and castor de-oiled cake. Product quality is tested before dispatch through certified external labs to ensure strength, durability, and compliance with industry norms
Diversified business model
In a highly competitive environment, the company has built a diversified business model covering castor seeds, castor DOC, and castor oil. This reduces dependency on a single product line, ensures year-round revenue flow, and provides a competitive advantage
Scalable business
The company follows a scalable, customer-centric, and order-driven business model focused on optimal resource use and consistent quality. Growth is driven by expanding into new domestic and international markets
Seasonal operations
The company’s operations are seasonal due to the seasonal availability of castor seeds, its key raw material. This leads to revenue fluctuations across quarters, with higher revenues typically during crop seasons when procurement is easier and more cost-effective
Price fluctuations
The company manufactures Refined Castor Oil (F.S.G.) and Castor De Oiled Cake for the domestic market, sourcing castor seeds from local suppliers without fixed contracts. It faces risks from raw material price fluctuations, and while it generally passes on cost increases to customers, maintaining historical margins may still be challenging
Inventory risks
The company maintains inventories of raw materials, work-in-progress, and finished goods to support continuous operations and guard against supply disruptions. Ineffective inventory management or overestimation of raw material needs may lead to increased costs, blocked capital, and potential loss of business
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Vandan Foods Limited
- PromoterKalpesh Bhagavandas Thakkar
- PromoterRakeshkumar Rameshbhai Patel
- PromoterJitendra Rameshbhai Patel
- PromoterJyotsana Jitendrabhai Patel