Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Vama Wovenfab IPO
Price Band
₹324.0–341.0
Issue Size
₹49.54 Cr
Lot Size
400 shares
Min Investment
₹272,800
2 LOTS MIN
GMP
+₹3.0 (0.88%)
Issue Price
₹341.0
Subject to Sauda
₹900
Paid only if allotted
Vama Wovenfab IPO AI Summary
- Vama Wovenfab IPO is listed on BSE SME in the Other Industrial Products sector.
- Price band: ₹324.0–₹341.0 per share, lot size 400 shares (min. investment ₹272,800, 2 lots minimum).
- Subscription window: 15 Sep–17 Sep 2026, listing on 22 Sep 2026.
- Current GMP is +₹3.0 (0.88%), an estimated listing price of ₹344 — unofficial and can change daily.
Vama Wovenfab Limited is an SME engaged in the production of woven sack bags and fabric-based products, with a strong growth trajectory in revenue and profit. The IPO offers an opportunity to invest in a company with a diverse product range and a solid operational foundation.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Overall Subscription
2.53x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
1.00x
|
1.00x |
| NII (HNI) |
1.56x
|
1.56x |
| ↳ bNII (>₹10L) |
2.32x
|
2.32x |
| ↳ sNII (<₹10L) |
2.03x
|
2.03x |
| Retail (RII) |
2.80x
|
2.80x |
| Total | 2.53x | 2.53x |
Auto-updated every 5 min · As of 17th Sep 2026 18:56
Vama Wovenfab IPO Grey Market Premium (GMP) Today
GMP
+₹3.0
GMP %
+0.88%
Est. Listing
₹344.0
Updated: 22 Sep 2026 07:15
GMP Trend (Last 12 Days)
About the Company
Incorporated in 2011, Vama Wovenfab Limited is engaged in the manufacturing and sale of Polypropylene (PP) and High-Density Polyethylene (HDPE) woven sack bags and fabric-based products. The product range includes HDPE trampolines, coloured woven fabric sheets, loop handle bags, and other customized woven packaging materials designed as per customer specifications. The company also trades in plastic granules. Vama Wovenfab provides customized bulk packaging solutions to B2B manufacturers across diverse industries and traders. Its manufacturing operations are supported by a well-equipped facility capable of producing woven bags, woven fabrics, and processing recycled materials to optimize resources. The company’s manufacturing unit is located at Daman, and its sales network spans four states and two union territories across India as of the financial year 2024–25. Vama Wovenfab’s products are used across multiple industries, including agriculture, food and beverages, cement, fertilizers, chemicals, sugar, construction, retail, and bulk packaging & logistics. As of August 31, 2025, the company employs 123 personnel on its payroll.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 74.18 | 67.47 | 37.14 |
| Total Income | 214.62 | 77.76 | 27.87 |
| Profit After Tax | 11.55 | 6.84 | 2.63 |
| EBITDA | 17.86 | 10.37 | 5.10 |
| NET Worth | 28.69 | 17.15 | 9.05 |
| Reserves and Surplus | 24.96 | 13.41 | 5.44 |
| Total Borrowing | 25.44 | 16.94 | 11.17 |
Key Ratios
EPS
₹30.90
NAV
₹76.80
ROE
50.37%
ROCE
31.94%
RoNW
50.37%
P/B Value
4.44
P/E Ratio
11.04
Market Cap
₹176.94 Cr
PAT Margin
5.38%
Debt/Equity
0.89
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Kahan Packaging Ltd | 40.54 | 11.2% | 4.53 | 4.3 | 4.3 |
| Aeroflex Neu Ltd | 39.08 | 1.27% | 183.18 | 0.45 | 0.38 |
| Vama Wovenfab Ltd. This IPO | 76.8 | 50.37% | — | 30.9 | 30.9 |
Promoters
Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta, Nisha Vaibhav Gupta
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital Expenditure towards Construction of shed 1.36 2 Capital Expenditure towards Purchase of Machinery 7.25 3 To meet working capital requirements 26.50 4 General Corporate Purposes 7.00 5 Issue Expenses 7.43 Total 49.54
IPO Evaluation
Generated 25 Sep 2026Revenue Trend
Total income was ₹27.87 Cr in the period ending 31 Mar 2024, rising to ₹77.76 Cr by 31 Mar 2025, and further increasing to ₹214.62 Cr by 31 Mar 2026. This shows a significant growth trajectory over the three periods.
Profit Trend
Profit After Tax was ₹2.63 Cr in the period ending 31 Mar 2024, increasing to ₹6.84 Cr by 31 Mar 2025, and further rising to ₹11.55 Cr by 31 Mar 2026. This consistent increase indicates improving profitability.
Valuation
Vama Wovenfab has an EPS of ₹30.90 and a P/E ratio of 11.04 at the issue price. Comparatively, peers like Kahan Packaging Ltd. have a P/E of 4.53, while Aeroflex Neu Ltd. has a much higher P/E of 183.18. This positions Vama Wovenfab's valuation in a moderate range.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected premium at which an IPO is likely to list compared to its issue price. A positive GMP suggests that the shares are expected to list at a higher price, while a negative GMP indicates the opposite. Investors often look at GMP as a sentiment indicator for the IPO.
Subscription Demand
As of 17th Sep 2026, the IPO was subscribed 2.53 times overall. The retail category saw a subscription of 2.8 times, while the non-institutional investors (sNII) category was subscribed 2.03 times. The institutional investor (QIB) category had a subscription of 1.0 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and market conditions. It's important to consider the company's growth potential and financial health.
Who May Want to Wait
Investors with a low-risk tolerance or those who prefer stable, established companies may want to avoid this IPO, as it involves inherent risks associated with new market entrants and industry fluctuations.
IPO Timeline, Explained
The IPO opens for subscription on 15th Sep 2026 and closes on 17th Sep 2026. Allotment of shares will be done on 18th Sep 2026, with the listing expected on 22nd Sep 2026.
Listing Gains — The Risk
Listing gains refer to the profits made by investors when shares are sold on the stock exchange on the day of listing. However, these gains are not guaranteed and can be affected by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Vama Wovenfab's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Vama Wovenfab IPO GMP today?
Vama Wovenfab IPO GMP today is +₹3.0 (0.88%), indicating an estimated listing price of ₹344. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Vama Wovenfab IPO?
The price band of Vama Wovenfab IPO is ₹324.0–₹341.0 per share.
When does Vama Wovenfab IPO open and close?
Vama Wovenfab IPO opens on 15 September 2026 and closes on 17 September 2026.
When does Vama Wovenfab IPO list on the stock exchange?
Vama Wovenfab IPO listed on 22 September 2026 at ₹344.0.
What is the lot size for Vama Wovenfab IPO?
The lot size for Vama Wovenfab IPO is 400 shares, requiring a minimum investment of ₹272,800 (2 lots).
What is the lot size for Vama Wovenfab's IPO?
The lot size is 400 shares.
What is the minimum investment required?
The minimum investment required is ₹272,800.
What is the price band for the IPO?
The price band is between ₹324.0 and ₹341.0.
When is the listing date for the IPO?
The listing date is set for 22nd Sep 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the IPO shares are likely to list.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
15 Sep 2026
Close
17 Sep 2026
Allotment
18 Sep 2026
Listing
22 Sep 2026
Similar IPOs in Other Industrial Products
Plan Your IPO Investment
Related Articles
Full Analysis
Should you apply? Company analysis, GMP explained & FAQs
Community Sentiment
What are other investors planning for Vama Wovenfab?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.