Vandan Foods SME IPO Subscription Status
Vandan Foods SME IPO closed on 2 July 2025 with an overall subscription of 1.75x based on shares applied. NII at 0.41x, and retail at 3.07x.
Allotment will be finalised on 3 July 2025. The stock is scheduled to list on NSE and BSE on 7 July 2025.
Issue Price
Rs 115.00
GMP Today
-
Overall Subscription
1.75x
Issue Size
₹28.84 Cr
Allotment Date
3 Jul 2025
Listing Date
7 Jul 2025
Vandan Foods SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 115.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 14.42 Cr | Rs 5.88 Cr | 0.41x |
| IND | Rs 14.42 Cr | Rs 44.33 Cr | 3.07x |
| Total | Rs 28.84 Cr | Rs 50.20 Cr | 1.74x |
Vandan Foods SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| NII | 12,54,000 | 5,11,200 | 0.41x |
| IND | 12,54,000 | 38,54,400 | 3.07x |
| Total | 25,08,000 | 43,65,600 | 1.74x |
What Do These Subscription Numbers Mean?
A subscription of 1.75x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
NII at 0.41x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 3.07x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Vandan Foods SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 3.07x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Vandan Foods SME IPO Allotment Status page from 3 July 2025 for your allotment result.
Vandan Foods SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 30 Jun 2025 | - | 0.00x | 0.55x | 0.27x |
| Day 2 - 1 Jul 2025 | - | 0.10x | 1.52x | 0.81x |
| Day 3 - 2 Jul 2025 | - | 0.41x | 3.07x | 1.74x |
Vandan Foods SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 30 June 2025 |
| IPO Close Date | 2 July 2025 |
| Allotment Date | 3 July 2025 |
| Refund Initiation | 4 July 2025 |
| Share Credit to Demat | 4 July 2025 |
| Listing Date | 7 July 2025 |
| Minimum Investment | Rs 2,76,000.00 |
| Lot Size | 1200 shares |
About Vandan Foods SME
Vandan Foods Ltd, incorporated in December 2015, is primarily engaged in the manufacturing and trading of agro commodities. From fiscal year 2024, the company has actively ventured into the manufacturing of castor oil and its derivatives, operating on a Business-to-Business (B2B) model. Their main products include Refined F.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Vandan Foods SME IPO Subscription FAQs
What is Vandan Foods SME IPO subscription status today?
Vandan Foods SME IPO subscription closed on 2 July 2025 with overall subscription of 1.75x (by shares) as of 27 June 2026, 2:01 AM IST. QIB N/A, NII 0.41x, IND 3.07x.
What is the overall subscription of Vandan Foods SME IPO?
Vandan Foods SME IPO is subscribed 1.75x overall by shares at close on 2 July 2025. QIB N/A, NII 0.41x, and IND 3.07x.
What is Vandan Foods SME IPO QIB subscription?
QIB subscription for Vandan Foods SME IPO will appear here once institutional bids are recorded.
What is Vandan Foods SME IPO IND subscription?
Vandan Foods SME IPO IND subscription is 3.07x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Vandan Foods SME IPO NII subscription?
Vandan Foods SME IPO NII (Non-Institutional Investors) subscription is 0.41x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Vandan Foods SME IPO for retail?
Vandan Foods SME IPO retail share subscription is 3.07x. Application-wise data is needed for accurate lottery odds.
When is Vandan Foods SME IPO allotment date?
Vandan Foods SME IPO allotment date is 3 July 2025. Check Vandan Foods SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Vandan Foods SME IPO subscription close?
Vandan Foods SME IPO subscription closed on 2 July 2025. No new applications are accepted after the close.
What is Vandan Foods SME IPO GMP today?
GMP for Vandan Foods SME IPO is not available yet. Track Vandan Foods SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Vandan Foods SME IPO issue price and lot size?
Vandan Foods SME IPO issue price is ₹115 per share. Lot size is 1200 shares. Minimum investment is ₹2,76,000 per lot (minimum 2 lots for SME). Issue size: ₹28.84 Cr.
When is Vandan Foods SME IPO listing date?
Vandan Foods SME IPO listing date is 7 July 2025 on NSE and BSE. Allotment is on 3 July 2025.
How does subscription affect Vandan Foods SME IPO allotment?
Allotment odds in Vandan Foods SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.75x overall, competition is moderate.
For allotment results from 3 July 2025, visit the Vandan Foods SME IPO Allotment Status page. For listing day updates on 7 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.