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Vama Wovenfab IPO
📅 Founded: 2011
📍 Mumbai, Maharashtra
👥 94 employees
🌐 vamawoven.com
📋 Face Value: ₹10
🏦 Market Cap: ₹168 Cr
Price Band
₹324 – ₹341
Issue Size
₹49.54 Cr
Lot Size
400 shares
Min. Investment
₹2,72,800
GMP
+₹0 (+0%)
Est. Return
+0%
Listing Date
22 Sep 2026
Registrar
Maashitla Securities
Vama Wovenfab IPO at a glance
Vama Wovenfab IPO was an SME issue of ₹49.54 Cr at a price band of ₹324 – ₹341 per share, open from 15 Sep 2026 to 17 Sep 2026. The shares listed on BSE SME on 22 Sep 2026 at ₹341, a listing gain of 0.0% against the issue price of ₹341.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹47 Cr
Offer for Sale (OFS)₹2.54 Cr
Total Issue Size₹49.54 Cr
Face Value₹10
Market Cap (at issue)₹168 Cr
Listing ExchangeBSE SME
📅 Open Date15 Sep 2026
🔒 Close Date17 Sep 2026
✂️ Cut-off Price Date17 Sep 2026
🎟️ Allotment Date18 Sep 2026
💸 Refund Initiation19 Sep 2026
📂 Demat Credit19 Sep 2026
📈 Listing Date22 Sep 2026
Objects of the Issue
- 💰 Factory shed — ₹1.36 Cr
- 💰 Machinery — ₹7.25 Cr
- 💰 Working capital — ₹26.50 Cr
- 💰 General corporate purposes — ₹7 Cr
About the Company
Vama Wovenfab, based in Mumbai, manufactures woven sacks and fabric-based packaging from PP and HDPE for industries such as agriculture and chemicals. It also trades plastic granules and provides customised bulk packaging to business customers.
Strengths
- ✅ Makes PP/HDPE woven sacks, BOPP bags and fabric at Nani Daman
- ✅ Serves agriculture, food, chemicals, fertiliser and cement packaging
- ✅ Income nearly tripled in FY26
Risk Factors
- ⚠️ Net margin of about 5% is thin
- ⚠️ Sudden jump in FY26 income needs to be sustained
- ⚠️ Polymer prices affect costs
- ⚠️ Packaging is a fragmented and competitive market
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | — | — | — | 0.00x |
| Day 2 | — | — | — | 0.00x |
| Day 3 | — | — | — | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
100%
Pre-IPO
→ -28.0%
72%
Post-IPO
Founders & Leadership
SG
Suresh Mohanlal Gupta
Promoter
Promoter of the company
VG
Vaibhav Suresh Gupta
Promoter
Promoter of the company
IPO Timeline
✓
Open Date
15 Sep 2026
✓
Close Date
17 Sep 2026
✓
Allotment Date
18 Sep 2026
✓
Listing Date
22 Sep 2026
Key Financials
Revenue₹214.62 Cr
PAT₹11.55 Cr
EPS₹22.25
P/E Ratio15.33x
ROE50.37%
Market Cap₹168 Cr
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| 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 |
| Total Borrowing | 25.44 | 16.94 | 11.17 |
Amount in ₹ Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|---|---|
| ROE (%) | 40.26 | 39.88 |
| EBITDA Margin (%) | 8.32 | 13.34 |
| Debt / Equity | 0.89 | 0.99 |
| Net Worth (Rs. Cr) | 28.69 | 17.15 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹22.25 | — |
| P/E (x) | 15.33x | — |
| ROE (%) | 50.37% | — |
| Promoter Holding | 100% | 72% |
| Market Cap | ₹168 Cr | |
IPO Registrar
Maashitla Securities
Vama Wovenfab IPO FAQs
Vama Wovenfab IPO is an SME IPO with an issue size of ₹49.54 Cr at a price band of ₹324 – ₹341. Minimum lot size is 400 shares and the minimum application is 2 lots (minimum investment ~₹2,72,800). Opened on 15 Sep 2026 and closed on 17 Sep 2026. Listed on BSE SME. Registrar: Maashitla Securities.