Vama Wovenfab IPO Details

Bookbuilding IPO | ₹50 Cr | Listing at BSE SME | Tue, Sep 15, 2026 - Thu, Sep 17, 2026

Vama Wovenfab IPO is a book build issue of ₹49.54 crores. The issue is entirely a fresh issue of 14.53 lakh shares of ₹49.54 crore.

Vama Wovenfab IPO opens for subscription on Sep 15, 2026 and closes on Sep 17, 2026. The allotment for the Vama Wovenfab IPO is expected to be finalized on Sep 18, 2026. Vama Wovenfab IPO will list on the BSE SME with a tentative listing date fixed as Sep 22, 2026.

Vama Wovenfab IPO is set issue price band at ₹324 to ₹341 per share. The lot size for an application is 400 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,72,800 (800 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,200 shares), amounting to ₹4,09,200.

Gretex Corporate Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd.

Refer to Vama Wovenfab IPO DRHP for detailed Information.

IPO Open

Tue, Sep 15, 2026

IPO Close

Thu, Sep 17, 2026

Price Band

₹324 to ₹341

Market Cap*

₹176.94 Cr * on Upper Price

IPO Details

IPO Date

15 to 17 Sep, 2026
Listing Date

Tue, Sep 22, 2026
Face Value

₹10 per share
Price Band

₹324 to ₹341
Lot Size

400 Shares
Sale Type

Fresh capital only
Issue Type

Bookbuilding IPO
Listing At

BSE SME

Total Issue Size

14,52,800 shares (agg. up to ₹50 Cr
Reserved for Market Maker

72,800 shares (agg. up to ₹2 Cr) Nikunj Stock Brokers Ltd.
Fresh Issue (Ex Market Maker)

13,80,000 shares (agg. up to ₹47 Cr)
Offer for Sale

43,34,000 shares (agg. up to ₹26 Cr)
Net Offered to Public

13,80,000 shares (agg. up to ₹47 Cr)
Share Holding Pre Issue

37,36,164 shares
Share Holding Post Issue

51,88,964 shares

IPO Open

Tue, Sep 15, 2026
Allotment

Fri, Sep 18, 2026
Credit of Shares

Mon, Sep 21, 2026

IPO Close

Thu, Sep 17, 2026
Refund

Mon, Sep 21, 2026
Listing

Tue, Sep 22, 2026

Issue Reservation

Vama Wovenfab IPO comprises a total issue size of 14,52,800 shares. The net offer to the public is 13,80,000 shares, after excluding 72,800 shares allotted on a firm basis. Of the Net offer 14,400 (1.04%) are allocated to QIB, 2,76,000 (20.00%) allocated to NII 10,89,600 (78.96%) allocated to RII.

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	14,400	1.04%	0.99%
NII (HNI)	2,76,000	20.00%	19.00%
− bNII > ₹10L	1,83,600		12.64%
− sNII < ₹10L	92,400		6.36%
Retail	10,89,600	78.96%	75.00%
Firm Reservations
Market Maker	72,800		5.01%
Total	14,52,800	100.00%	100.00%

IPO Lot Size

Investors can bid for a minimum of 800 shares and in multiples of 400 shares thereof.

Application	Lots	Shares	Amount
Individual investors (IND) (Min)	2	800	₹2,72,800
Individual investors (IND) (Max)	2	800	₹2,72,800
S-HNI (Min)	3	1200	₹4,09,200
S-HNI (Max)	7	2800	₹9,54,800
B-HNI (Min)	8	3200	₹10,91,200

About Vama Wovenfab Ltd.

Incorporated in 2011, Vama Wovenfab Ltd. 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.

The business 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.

Its distribution network spans across multiple states including Maharashtra, Gujarat, and Daman.

Competitive Strengths:

Strong Long-Term Customer relationship
Deep Customer Understanding and Prioritization
Continuous Product and Process Improvement
Skilled and Experienced Workforce
(Updated on Sep 10, 2026)

Company Financials (Restated)

Vama Wovenfab Ltd.’s revenue increased by 176% and profit after tax (PAT) rose by 69% between the financial year ending with March 31, 2026 and March 31, 2025. (Amount in ₹ Crore)

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

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IPO 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
Total

35.11

Key Performance Indicator (KPI)

KPI	Mar 31, 2026
ROE	50.37%
ROCE	31.94%
Debt/Equity	0.89
RoNW	50.37%
PAT Margin	5.38%
EBITDA Margin	8.32%
NAV	76.80
Price to Book Value	4.44

IPO Valuation

Valuation Metric	Pre IPO	Post IPO
EPS (₹)	30.90	22.25
P/E (x)	11.04	15.33
Market Cap at Offer Price	₹127Cr.	₹176.94 Cr

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category	Pre IPO	Post IPO
Promoter and Promoter Group	100%	72%
Public		28.00%
Total	100%	100%

Company Promoters: Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta and Nisha Vaibhav Gupta.

Vama Wovenfab IPO Recommendations

Review By	Subscribe	May Apply	Neutral	Avoid
Brokers	0	0	0	0
Members	0	0	0	0

IPO Registrar

Maashitla Securities Pvt.Ltd.

011-45121795
investor.ipo@maashitla.com
Visit Website

IPO Lead Manager(s)

Gretex Corporate Services Ltd.

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Vama Wovenfab Ltd. Address

1104,

W 92, L T Road, Borivali (West)

Vazira Naka

Mumbai, Maharashtra, 400092

+91 89768 50365
info@vamawoven.com
Visit Website

IPO FAQs

What is the Vama Wovenfab IPO?

Vama Wovenfab IPO is a SME IPO of 14,52,800 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹324 to ₹341. The minimum order quantity is 400.

The IPO opens on Tue, Sep 15, 2026, and closes on Thu, Sep 17, 2026.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

How to apply in Vama Wovenfab IPO through Angel One?

Angel One customers can apply online in Vama Wovenfab IPO using UPI as a payment gateway. Angel One customers can apply in Vama Wovenfab IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Vama Wovenfab IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Vama Wovenfab IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When Vama Wovenfab IPO will open?

The Vama Wovenfab IPO opens on Tue, Sep 15, 2026 and closes on Thu, Sep 17, 2026.

What is the lot size of Vama Wovenfab IPO?

Vama Wovenfab IPO lot size is 400, and the minimum amount required for application is ₹2,72,800, with 2 lots being the minimum application size.

How to apply for Vama Wovenfab IPO?

You can apply in Vama Wovenfab IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Vama Wovenfab IPO allotment?

The finalization of Basis of Allotment for Vama Wovenfab IPO will be done on Friday, September 18, 2026, and the allotted shares will be credited to your demat account by Mon, Sep 21, 2026. Check the Vama Wovenfab IPO allotment status.

When is Vama Wovenfab IPO listing date ?

The Vama Wovenfab IPO listing date is not yet announced. The tentative date of listing is Tue, Sep 22, 2026.