IPO Comparison

Quanto Agroworld vs Vama Wovenfab vs Shakti Polytarp IPO: Which Should You Apply To?

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TopFund Research

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TL;DR

  • Vama Wovenfab has the highest GMP at ₹70.
  • Shakti Polytarp shows the strongest subscription demand at 0.72 times.
  • Quanto Agroworld focuses on sustainable farming in the Specialty Chemicals sector.

Quanto Agroworld, Vama Wovenfab, and Shakti Polytarp are three IPOs closing on September 17, 2026. Each company operates in different sectors and presents unique business fundamentals for investors to consider.

Side-by-Side Comparison

IPOPrice BandIssue SizeGMPSectorListing Date
Quanto AgroworldTBA₹31.02 Cr—Specialty Chemicals22 Sep 2026
Vama Wovenfab₹324.0–₹341.0₹49.54 Cr+20.53%Other Industrial Products22 Sep 2026
Shakti Polytarp₹56.0–₹59.0₹26.93 Cr—Packaging22 Sep 2026

Sector Comparison

Quanto Agroworld operates in the Specialty Chemicals sector, focusing on sustainable farming and essential oils. Vama Wovenfab is in the Other Industrial Products sector, specializing in woven sack bags and fabric-based products. Shakti Polytarp belongs to the Packaging sector, manufacturing tarpaulin and shade nets. Each sector has distinct market dynamics and growth potential.

Issue Size

Vama Wovenfab has the largest issue size at ₹49.54 crore, followed by Quanto Agroworld at ₹31.02 crore, and Shakti Polytarp at ₹26.93 crore. A larger issue size can indicate a more established company or greater capital needs for expansion.

GMP Analysis

Vama Wovenfab shows a strong Grey Market Premium (GMP) of ₹70, translating to a 20.53% premium, which may indicate positive market sentiment. In contrast, Quanto Agroworld and Shakti Polytarp do not have available GMP data, making it challenging to assess their market performance relative to Vama Wovenfab.

Subscription Demand

As of September 16, 2026, Shakti Polytarp has the highest overall subscription demand at 0.72 times, indicating significant interest. Vama Wovenfab follows with a total subscription of 0.45 times, while Quanto Agroworld has a lower demand at 0.06 times. Higher subscription rates can reflect investor confidence in the company's prospects.

Business Fundamentals

Quanto Agroworld has a strong business model focused on sustainability and quality, with plans for significant expansion. Vama Wovenfab has a diverse product range and serves multiple sectors, though specific strengths were not detailed. Shakti Polytarp benefits from a diverse application of its products and established client relationships, which could enhance its market position.

Disclaimer: This is an objective comparison of publicly available IPO data, not investment advice or a personal recommendation to apply for any specific IPO. GMP is unofficial and unregulated. TopFund is not a SEBI-registered investment adviser — please do your own research or consult a qualified adviser before applying.

Frequently Asked Questions

What is the subscription status of these IPOs?

As of September 16, 2026, Shakti Polytarp has a subscription of 0.72 times, Vama Wovenfab at 0.45 times, and Quanto Agroworld at 0.06 times.

Which IPO has the highest Grey Market Premium?

Vama Wovenfab has the highest Grey Market Premium at ₹70, representing a 20.53% premium.

What sectors do these companies operate in?

Quanto Agroworld operates in Specialty Chemicals, Vama Wovenfab in Other Industrial Products, and Shakti Polytarp in Packaging.

What are the issue sizes of these IPOs?

Vama Wovenfab has an issue size of ₹49.54 crore, Quanto Agroworld at ₹31.02 crore, and Shakti Polytarp at ₹26.93 crore.

What are the strengths of these companies?

Quanto Agroworld has a focus on sustainability and quality, Shakti Polytarp has diverse product applications and established client relationships, while Vama Wovenfab's strengths were not detailed.

Discussion

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