Mumbai, July 7 -- The scrip was listed at Rs 125, a premium of 8.70% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 125 and a low of Rs 118.75. About 4.50 lakh shares of the company changed hands at the counter.

Vandan Foods' IPO was subscribed 1.71 times. The issue opened for bidding on 30 June 2025 and it closed on 2 July 2025. The price of the IPO was set at Rs 115 per share.

The IPO comprised fresh issue of 26,40,000 equity shares. The promoter and promoter group shareholding diluted to 66.42% from 96.94% pre-issue.

The company intends to utilize the net proceeds to meet working capital requirement, prepayment or repay...