Explore Business Standard
Fixed Price - SME
₹ 30.36
₹ 115
1200
₹ 1,38,000.00
BSE - SME
01-Jul-2025
03-Jul-2025
08-Jul-2025
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
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.
Vandan Foods Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093
Phone - 91-22-62638200
Fax - 91-22-63638299
Email - cs@vandanfoods.in
Website - www.vandanfoods.in