Vandan Foods is set to list on the BSE SME platform on July 7 after its Rs 30.36 crore IPO, priced at Rs 115 per share, saw a subscription of 1.75 times. The IPO, primarily a fresh issue of shares, will fund working capital, debt repayment, and capacity expansion. The company reported significant revenue and profit growth in FY24.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets