Vama Wovenfab IPO
LISTEDSMEListing Performance
▲ 0.00%
Issue Price
₹341
Listing Price
₹341
Listed On
22 Sep 2026
- Price Band
- ₹324 – ₹341
- Lot Size
- 400
- Lot Value
- ₹1,36,400
- Open Date
- 15 Sep15 Sep 2026
- Close Date
- 17 Sep17 Sep 2026
- Min Investment
- ₹1,36,400
About Vama Wovenfab
Use of IPO Proceeds
Promoters
Mr. Suresh Mohanlal Gupta
Chairman · age 69
More than 30 years in the plastic industry with in depth knowledge and hands on experience.
Bachelor of Commerce from University of Rajasthan (1976)
Pre-issue: 55.57%
Mr. Vaibhav Suresh Gupta
Promoter
13 years in the Bag Manufacturing industry
Pre-issue: 24.29%
Mr. Saurabh Suresh Gupta
Promoter
13 years in the Bag Manufacturing industry
Pre-issue: 10.37%
Mrs. Nisha Vaibhav Gupta
Non-Executive Director · age 37
Over three years of experience in the Company in business administration and management.
Master of Business Administration from Rajasthan Technical University, Kota (2012)
Pre-issue: 0.87%
Investment Analysis
Quick Analysis: 3 strengths · 6 risk factors· Exchange: BSE SME
Strengths (3)
- •Established promoter and director involvement in day-to-day operations since inception
- •Revenue concentration in high-demand regions with established market presence
- •Dedicated manufacturing facility with significant production capacity
Risk Factors (6)
- •First public offer with no established market for equity shares; offer price may not reflect actual post-listing trading price or market demand.
- •No assurance of active or sustained trading in equity shares post-listing; price volatility and liquidity risks for investors.
- •Offer price determined through book building process based on market assessment; may not accurately reflect intrinsic company value.
- •Investment in equity securities carries risk of total capital loss; investors should only invest funds they can afford to lose.
- •SEBI has not recommended or approved the shares; SEBI does not guarantee accuracy or adequacy of prospectus contents.
- •Prospectus relies on restated financial statements prepared under Indian GAAP; significant differences exist with IND(AS) accounting standards.
Demand snapshot
Subscription and grey market data as reported. Not a recommendation.
- Subscribed 2.57x (QIB 1.00x, NII 1.97x, Retail 2.79x) at close
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 400 | ₹1,36,400 |
| Retail (max) | 1 | 400 | ₹1,36,400 |
| S-HNI (min) | 2 | 800 | ₹2,72,800 |
| S-HNI (max) | 7 | 2,800 | ₹9,54,800 |
| B-HNI (min) | 8 | 3,200 | ₹10,91,200 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | — | 1.00x | 1.00x |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | 0.01x | 0.30x | 2.79x |
| Total | 0.01x | 0.48x | 2.57x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
2.79x
Allotment Ratio
1 lot per 3 applicants
Allotment Probability
~35.8%
Non-Institutional Investors (NII / HNI)
Subscription
1.97x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
1.00x
Allotment Type
Discretionary allotment
Total Subscription
2.57x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
15 Sep 2026 · Tue
Issue Closes
17 Sep 2026 · Thu
Bidding Cut-off (UPI Mandate)
17 Sep 2026 · 5:00 PM IST
Allotment
18 Sep 2026 · Fri
Listing
22 Sep 2026 · Tue
Issue Opens
15 Sep 2026 · Tue
Issue Closes
17 Sep 2026 · Thu
Bidding Cut-off (UPI Mandate)
17 Sep 2026 · 5:00 PM IST
Allotment
18 Sep 2026 · Fri
Listing
22 Sep 2026 · Tue
IPO Details
| Registrar | Maashitla Securities Private Limited |
| Exchange | BSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹49.54 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
3-Year Financial Summary
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY26 | 214.62 | 11.55 | 30.90 | 11.04 | 40.24% |
| FY25 | — | 6.84 | 18.30 | 18.63 | 39.87% |
| FY24 | — | 2.63 | 7.04 | 48.44 | 29.06% |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| EBITDA | 5.1 | 10.37 | 17.86 |
| Net Worth | 9.05 | 17.15 | 28.69 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
11.0x
Price ÷ EPS
EPS (FY26)
₹31
Earnings per share
RoNW
40.24%
Return on net worth
ROCE
—
Not in abridged DRHP
EBITDA margin
8.3%
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
13 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | — |
| Paid-up Capital | — |
| Equity Shares (Pre-Issue) | 37,36,164 |
| Equity Shares (Post-Issue) | — |
Source: Vama Wovenfab offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in Vama Wovenfab's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Vama Wovenfab's filing.
Source: Vama Wovenfab offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB50.00%
- NII / HNI15.00%
- Retail35.00%
OFS Selling Shareholders
No offer-for-sale component (or sellers not disclosed).
Source: Vama Wovenfab offer document (DRHP/RHP).
Board & Management
Board of Directors (2)
- Mr. Suresh Mohanlal Gupta₹0.10 Cr p.a.
Chairman & Director
Promoter, Director and Chairman of the Company
- Mr. Saurabh Suresh Gupta₹0.04 Cr p.a.
Managing Director
Managing Director of the Company
Key Managerial Personnel (3)
- Mr. Saurabh Suresh Gupta₹0.04 Cr p.a.
Managing Director
Responsibility is to oversee the company's financial strategy, planning, and compliance, ensuring accurate reporting and sound fiscal management
- Mr. Vaibhav Suresh Gupta₹0.09 Cr p.a.
Chief Financial Officer
Post Graduate Diploma in Business Management (Family Business) from Narsee Monjee Institute of Management Studies (NMIMS)
More than 13 years of extensive experience in the woven packaging industry. Post Graduate Diploma in Business Management (Family Business) from NMIMS since April 2010
- Ms. Sakshi Mishra₹0.02 Cr p.a.
Company Secretary & Compliance Officer
Associate Member of the Institute of Company Secretaries of India (ICSI)
Associate Member of the Institute of Company Secretaries of India (ICSI) since June 2016 with over 7 years of experience in corporate secretarial and compliance functions
Source: Vama Wovenfab offer document (DRHP/RHP).
Industry & Market
Per Mordor Intelligence, a report commissioned by the company (not independent).
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| Vama Wovenfab Limited | — | 30.9 | 50.37 | 76.8 |
| Aeroflex Neu Ltd | 183.18 | 0.45 | 1.27 | 39.08 |
| Kahan Packaging Limited | 4.53 | 4.3 | 11.2 | 40.54 |
Material Litigation
| Type | Against | Matters | Amount (₹Cr) |
|---|---|---|---|
| Criminal | Company | 3 | — |
| Tax | Company | 12 | 0.288 |
| Tax | Promoters | 2 | 0.009 |
Three criminal proceedings by Trans Express Logistic India Pvt Ltd relating to dishonoured cheques, all settled but pending due to complainant closure Company tax proceedings: 2 income tax outstanding demands, 1 GST case, 9 TDS matters totalling ₹28.84 lakhs Promoters' income tax outstanding demands: Vaibhav Suresh Gupta ₹0.90 lakh and Saurabh Suresh Gupta ₹0.03 lakh
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:Maashitla Securities Private Limited→Documents
Frequently Asked Questions
When is the Vama Wovenfab IPO opening?
The Vama Wovenfab IPO opens on 15 Sep 2026 and closes on 17 Sep 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Vama Wovenfab IPO?
The price band for the Vama Wovenfab IPO is ₹324 to ₹341. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Vama Wovenfab IPO?
The minimum lot size is 400 shares with a minimum investment of ₹1,36,400. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Vama Wovenfab IPO today?
The latest Grey Market Premium for Vama Wovenfab is ₹3 (+0.88%). GMP is unofficial data and is not a guarantee of listing price.
When will the Vama Wovenfab IPO list on NSE and BSE?
The Vama Wovenfab IPO is expected to list on 22 Sep 2026 on BSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Vama Wovenfab IPO allotment status?
The registrar for this IPO is Maashitla Securities Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Vama Wovenfab IPO a mainboard or SME issue?
Vama Wovenfab is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Vama Wovenfab IPO?
You can apply for the Vama Wovenfab IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Vama Wovenfab IPO?
The GMP-implied price (unofficial, not a forecast) is ₹344: the upper price band of ₹341 plus the latest grey market premium of ₹3, as of 28 Sep 2026, 01:01 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
What is the allotment ratio for Vama Wovenfab IPO?
Based on the retail subscription of 2.79x, the estimated allotment ratio is 1 lot per 3 applicants (approximately 35.8% chance of allotment). This is an estimate and actual allotment may vary.
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