Vedant Poly Fabs IPO Details

Bookbuilding IPO | ₹57 Cr | Listing at NSE SME | Mon, Nov 2, 2026 - Wed, Nov 4, 2026

Vedant Poly Fabs IPO is a book build issue of ₹56.68 crores. The issue is a combination of fresh issue of 54.26 lakh shares aggregating to ₹51.01 crores and offer for sale of 6.04 lakh shares aggregating to ₹5.67 crores.

Vedant Poly Fabs IPO opens for subscription on Nov 2, 2026 and closes on Nov 4, 2026. The allotment for the Vedant Poly Fabs IPO is expected to be finalized on Nov 5, 2026. Vedant Poly Fabs IPO will list on the NSE SME with a tentative listing date fixed as Nov 9, 2026.

Vedant Poly Fabs IPO is set issue price band at ₹88 to ₹94 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,25,600 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,38,400.

Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue.

Refer to Vedant Poly Fabs IPO DRHP for detailed Information.

To be declared

Mon, Nov 2, 2026

IPO Close

Wed, Nov 4, 2026

Price Band

₹88 to ₹94

Market Cap

₹189.43 Cr * on Upper Price

IPO Date

2 to 4 Nov, 2026
Listing Date

Mon, Nov 9, 2026 (T)
Face Value

₹10 per share
Price Band

₹88 to ₹94
Lot Size

1,200 Shares
Sale Type

Fresh capital cum OFS
Issue Type

Bookbuilding IPO
Listing At

NSE SME

Total Issue Size

60,30,000 shares (agg. up to ₹57 Cr)
Fresh Issue

54,26,400 shares (agg. up to ₹51 Cr)
Offer for Sale

6,03,600 shares of ₹10 (agg. up to ₹6 Cr)
Share Holding Pre Issue

1,47,25,214 shares
Share Holding Post Issue

2,01,51,614 shares

IPO Timetable (Tentative)

IPO Open

Mon, Nov 2, 2026
Allotment

Thu, Nov 5, 2026
Credit of Shares

Fri, Nov 6, 2026

IPO Close

Wed, Nov 4, 2026
Refund

Fri, Nov 6, 2026
Listing

Mon, Nov 9, 2026

Issue Reservation

Investor Category	Shares
QIB	Not more than 50.00% of the Net offer
Retail	Not less than 35% of the Offer
NII	Not less than 15.00% of the Net Offer

IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

Application	Lots	Shares	Amount
Individual investors (IND) (Min)	2	2400	₹2,25,600
Individual investors (IND) (Max)	2	2400	₹2,25,600
S-HNI (Min)	3	3600	₹3,38,400
S-HNI (Max)	8	9600	₹9,02,400
B-HNI (Min)	9	10800	₹10,15,200

About Vedant Poly Fabs Ltd.

Vedant Poly Fabs Limited was incorporated in December 2018 and is engaged in the manufacturing of flexible packaging materials for businesses across India. The company operates as a B2B supplier and offers a diverse range of packaging products, including 3-layer and 5-layer LD films, shrink films, barrier films, printed laminates, and milk and oil pouches, catering to industries such as food & beverages and other consumer goods.

Since commencing operations, the company has expanded its product portfolio, strengthened its manufacturing capabilities, and established dedicated teams across sales, design, production, logistics, and dispatch. In March 2026, it further enhanced its manufacturing capacity by adding lamination, slitting, and pouching machines, while also installing a reprocessing unit to improve resource utilization and recycle manufacturing waste.

The company follows an integrated manufacturing process covering raw material procurement, film extrusion, printing, lamination, slitting, quality control, packing, and dispatch. As of March 31, 2026, Vedant Poly Fabs had a workforce of 72 employees, including 41 permanent and 31 contractual employees, supporting its manufacturing and business operations.

Strengths

Integrated manufacturing operations
Diversified flexible packaging product portfolio
Strong quality control systems
Strategic manufacturing location
In-house transportation and logistics capabilities
Direct sales model with diversified customer base
Product development and customization capabilities

Company Financials (Restated)

Vedant Poly Fabs Ltd.’s revenue increased by 41% and profit after tax (PAT) rose by 140% 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	97.80	55.40	18.88
Total Income	115.31	81.58	49.73
Profit After Tax	10.97	4.56	0.64
EBITDA	19.18	8.30	1.48
NET Worth	42.26	15.42	3.86
Reserves and Surplus	27.53	4.57	3.75
Total Borrowing	46.82	13.32	6.35

Recently Listed IPOs in Packaging

Company	Issue Type	Issue Size	Issue Price	PE Ratio	Listing Day Close	Listing Gain/Loss %	LTP
Vama Wovenfab Ltd.	SME	₹49.54 Cr	₹341	11.04	₹323.95	-5.00%	₹81.40
Shakti Polytarp Ltd.	SME	₹26.93 Cr	₹59	7.38	₹57.08	-3.25%	₹50.34
Injecto Polymers Ltd.	SME	₹56.12 Cr	₹100	9.48	₹95.95	-4.05%	₹94.50

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

1 Funding incremental working capital requirements of the Company

17.59
2 Prepayment or Repayment of all or a portion of certain secured or/and unsecured outstanding borrowings availed by the company

8.00
3 Funding Capital Expenditure for purchase and installation of Plant and Machinery at its existing manufacturing facility

6.51
4 General Corporate Purposes
5 To meet the offer related expenses
Total

32.11

Key Performance Indicator (KPI)

KPI	Mar 31, 2026
ROE	38.03%
ROCE	46.34%
Debt/Equity	1.11
RoNW	25.95%
PAT Margin	9.52%
EBITDA Margin	16.50%
NAV	28.70
P/B (x)	3.28

IPO Valuation

Valuation Metric	Pre IPO	Post IPO
EPS (₹)	7.45	5.44
P/E (x)	12.62	17.28
Market Cap at Offer Price	₹138.42 Cr.	₹189.43 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%	70.08%
Public		29.92%
Total	100%	100%

Company Promoters: Pankaj Kumar Maheshwari, Sujata Maheshwari and Sethsawaria Poly Fab LLP.

Offer For Sale – Selling Shareholder

Name	Category	No. of Shares Offered	Amount (₹ cr.)
Sethsawariya Poly Fab LLP	Promoter	6,03,600	5.67
Total		6,03,600	5.67

Vedant Poly Fabs IPO Recommendations

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

📰 Vedant Poly Fabs Ltd. – News Updates

Vedant Poly Fabs IPO Opening Soon: Key Details You Should Know

IPO Registrar

Cameo Corporate Services Ltd.

044-28460390/28460391/28460392
investor@cameoindia.com
Visit Website

IPO Lead Manager(s)

Affinity Global Capital Market Pvt.Ltd.

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Vedant Poly Fabs Ltd. Address

6/1/Q Digberia Road, Barasat

P.O. Badu, PS Barasat North 24 Parganas

Badu

Barasat, West Bengal, 700128

+91 8240877760
cs@vedantpolyfabs.com
Visit Website

IPO FAQs

What is the Vedant Poly Fabs IPO?

Vedant Poly Fabs IPO is a SME IPO of 60,30,000 equity shares of the face value of ₹10 aggregating up to ₹57 Crores. The issue is priced at ₹88 to ₹94. The minimum order quantity is 1200.

The IPO opens on Mon, Nov 2, 2026, and closes on Wed, Nov 4, 2026.

Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

How to apply in Vedant Poly Fabs IPO through Angel One?

Angel One customers can apply for the Vedant Poly Fabs IPO online through the Kite platform under the IPO & Bids section using UPI as the payment method.

Steps to Apply for Vedant Poly Fabs IPO through Angel One

Log in to your Angel One Kite account.
On the home page, click IPO & Bids in the top menu.
Select the IPO tab and find the Vedant Poly Fabs IPO in the list.
Click Apply next to the IPO.
Enter your UPI ID, bid quantity, and bid price.
Submit the IPO application.
Open your UPI app and approve the mandate to complete the application process.
For more details, visit the Angel One IPO Application Process Review.

When Vedant Poly Fabs IPO will open?

The Vedant Poly Fabs IPO opens on Mon, Nov 2, 2026 and closes on Wed, Nov 4, 2026.

What is the lot size of Vedant Poly Fabs IPO?

Vedant Poly Fabs IPO lot size is 1200, and the minimum amount required for application is ₹2,25,600, with 2 lots being the minimum application size.

How to apply for Vedant Poly Fabs IPO?

You can apply in Vedant Poly Fabs 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 Vedant Poly Fabs IPO allotment?

The finalization of Basis of Allotment for Vedant Poly Fabs IPO will be done on Thursday, November 5, 2026, and the allotted shares will be credited to your demat account by Fri, Nov 6, 2026. Check the Vedant Poly Fabs IPO allotment status.

When is Vedant Poly Fabs IPO listing date ?

The Vedant Poly Fabs IPO listing date is not yet announced. The tentative date of listing is Mon, Nov 9, 2026.