VSEPR theory, or Valence Shell Electron Pair Repulsion model, predicts molecular geometry based on the repulsion between electron pairs around a central atom, primarily applicable to non-metal compounds. While it effectively provides insights into molecular shapes and bonding angles, it has limitations, such as inaccuracies in predicted bond angles and applicability to all chemical species. The theory is a fundamental tool in molecular chemistry but lacks comprehensive explanations for some molecular behaviors.