Vandan Foods SME
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.S.G. (First Stage Grade) Castor Oil and Castor De-Oiled Cake (DOC). Refined F.S.G. Castor Oil is used in various industrial applications such as synthetic resins, plastics, fibers, paints, varnishes, cosmetics, lubricants, and textiles.
Investment Timeline
🤖 Smart Analysis
*AI score is algorithmic and for educational purposes only.
🎯 Application Strategy
Action: 🚫 STRONG AVOID - Multiple red flags identified
Lots: DO NOT APPLY
⏳ Timing Advice
📊 Monitor subscription trends before applying
Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- 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 the Dhinoj Facility (CAPEX).
- General Corporate Purpose.
Frequently Asked Questions
What is the current GMP of Vandan Foods SME?
What is the AI Prediction for Vandan Foods SME?
When will the allotment for Vandan Foods SME be announced?
What is the listing date for Vandan Foods SME?
Liability Disclaimer: Ipofly.com is an informational platform. We are not SEBI registered. The information provided here (including GMP and AI analysis) is for educational purposes only and should not be considered financial advice. Investments in the stock market are subject to market risks. Please consult your financial advisor before investing.