Today, July 3, 2025, is the day the allotment for the Vandan Foods IPO is expected to be finalized. The IPO, which opened on June 30, 2025, and closed on July 2, 2025, aimed to raise ₹30.36 crore through a fixed-price SME issue priced at ₹115 per share. The IPO listing is tentatively scheduled for July 7, 2025, on the BSE SME.

Vandan Foods, established in 2015, is a Gujarat-based manufacturer of refined castor oil and castor de-oiled cake. The company operates in both B2B and B2C channels, serving sectors such as pharmaceuticals, paints, textiles, and agriculture. It has a regional presence with distribution across Gujarat, Telangana, Delhi, and Haryana.

The IPO received bids for 40.06 lakh shares against the 25.08 lakh shares on offer and was subscribed 1.60 times by 2:50 PM on the final day of bidding. The retail investor category was subscribed 2.80 times, while the non-institutional investor (NII) portion saw 0.40 times bids.

Here’s a step-by-step guide to check the allotment status:

Checking Allotment Status Online

There are three primary methods to check the allotment status: via the BSE website, the NSE website, and the IPO registrar's website. For Vandan Foods IPO, the registrar is Bigshare Services Pvt Ltd.

1. Via the Registrar's Website (Bigshare Services Pvt Ltd):

• Go to the official website of Bigshare Services Pvt Ltd.
• Select "Vandan Foods" from the company list.
• Enter your Client ID, Application Number, or PAN.
• Click "Submit".

2. Via the BSE Website:

• Visit the BSE IPO allotment page on the BSE website.
• Select "Equity" under the Issue Type.
• Choose "Vandan Foods" from the Issue Name dropdown menu.
• Enter your Application Number or PAN.
• Click the "I am not a robot" box and submit.

3. Via the NSE Website:

• Go to the NSE application status page.
• Select "Equity and SME IPO bids".
• Choose "Vandan Foods" from the Issue Name dropdown.
• Enter your Application Number or PAN.
• Click "Submit".

Checking Allotment Status via Demat Account

• You can also check the allotment status by logging into your Demat account or contacting your broker.
• Check if the shares have been credited to your account. If you have been allotted shares, they will appear in your Demat account.

Important Dates

• IPO Opening Date: June 30, 2025
• IPO Closing Date: July 2, 2025
• Allotment Finalization Date: July 3, 2025
• Tentative Listing Date: July 7, 2025

Financial Performance and IPO Proceeds

Vandan Foods has demonstrated solid financial performance. As of December 2024, the company reported revenue of ₹72.66 crore and a net profit of ₹4.54 crore. It boasts a Return on Equity (RoE) of 45.4 percent and a Return on Capital Employed (RoCE) of 37.3 percent. Post-IPO, the company's valuation is projected to reach ₹96.43 crore.

The company plans to utilize ₹8.57 crore from the IPO proceeds to meet working capital requirements, ₹3 crore for debt repayment, and ₹8.29 crore for the expansion of its production facility in Dhinoj. The remaining funds will be used for general corporate purposes.