Vandan Meals IPO: The IPO of Vandan Meals has opened for subscription in the present day. This IPO of ₹ 30.36 crore has acquired 0.18 instances subscription by 2:14 pm on the primary day of bidding, with bids for 4,52,400 shares in opposition to 25,08,001 shares provided. 36% within the class of retail traders, whereas 0.2% subscription has been acquired within the class of non-institutional traders. Full info of Vandan Meals IPO is a contemporary subject of 26.40 lakh shares completely 26.40 lakh shares of ₹ 30.36 crore. This IPO worth band has been mounted at ₹ 115 per share. The minimal lot of lot measurement for software is 1,200 shares. Retail traders would require a minimal funding of ₹ 1,38,000 to use for IPO. This IPO might be subscribed from June 30 to July 2. The allotment of shares of Vandan Meals IPO can be mounted on 3 July. The inventory market itemizing of shares can be held on July 7 on the BSE SME platform. The information associated to Nirbhay Capital Companies Non-public Restricted Vandan Meals is the book-hanging lead supervisor of IPO, whereas BigShare Companies Pvt Ltd is the registrar. The market maker for Vandan Meals IPO is Affertrade Broking Pvt Ltd. What does the corporate make and the way the monetary state of affairs is the monetary state of affairs Vandan Meals Refined Castor Oil and Castor Oil Truffles, which works in each B2B and B2C fashions. The corporate works as each B2B and B2C fashions. The corporate provides its merchandise in Gujarat, Haryana, Andhra Pradesh, Delhi, Bihar, Rajasthan and Telangana. Its manufacturing models are situated in Dhinoj Patan, Gujarat. Its income was ₹ 72.66 crore for 9 months ended December 2024 and Internet Revenue was ₹ 4.54 crore. Tell us that Vandan Meals goes to make use of the cash raised from its IPO for reimbursement of loans, capes and different company bills. How a lot is Vandan Meals IPO? In accordance with IPO market supervisors, Vandan Meals IPO’s grey market premium was 17.39%, which additionally signifies a fine-check list-witted record for traders. Learn- Ace Alpha Tech IPO: 34 instances subscribe on the final day, retail traders fiercely subscribed, know the newest GMP
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