Vama Wovenfab IPO

Listed SME
Min Investment
₹2,72,800
800 Shares
Min Investment
₹2,72,800 · 800 Shares
Price Band ₹324–341
Lot Size 400 shares
Issue Size ₹50 Cr
Listed At ₹341.00 +0%
Subscribed 2.72×
Listed On BSE SME
Listing Price
₹341.00 (+0.00%)
vs issue price
Current Price (BSE)
₹90.70 (-73.40%)
at close, 15 Oct

Market Sentiment

Grey Market Premium What is GMP?
+₹3
+0.9% ▼ ₹7 since last update
Est. listing ₹344
Upper price ₹341
GMP range ₹3 – ₹70
14 Sept · ₹10 17 Sept · ₹3
Updated 17 Sept, 11:29 am IST Unofficial grey-market data
GMP estimate ₹344
Actual listing ₹341
Listed below the GMP estimate by ₹3 (-0.9%)
Subscription Status
QIB
1.00x
NII
2.49x
bNII (>10L)
2.71x
sNII (2-10L)
2.04x
Retail
2.80x
Total
2.72x
Updated: Sept 17, 2026 6:00 pm IST
Analysis Score 52 / 100
Mixed Signals
Data: 100%
GMP Score 43
Subscription Score 25
Valuation Score 95
Financial Health 71
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹324–341 per equity share
Face Value₹10 Per Equity Share
Lot Size 400 shares (Min 2 lots · ₹2,72,800)
Total Issue Size ₹49.54 crore
Fresh Issue₹47.06 crore
Issue TypeBook build Issue
Lead Manager Gretex Corporate Services Ltd.
Registrar Maashitla Securities Pvt.Ltd.
Listing atBSE SME
BSE Code544931
NSE SymbolVAMAWOVEN
ISININE1G7R01010
Listing Price₹341.00
Listing Gain+0.00%

Day-wise Subscription (times subscribed)

QIB
NII
Retail
Total
Each panel uses its own scale; compare the numbers, not bar heights, across categories.
Category Day 1 Day 2 Final
QIB 0.00x 1.00x 1.00x
NII 0.01x 1.29x 2.49x
bNII > ₹10L 0.00x 1.78x 2.71x
sNII 2-10L 0.03x 0.29x 2.04x
Retail 0.01x 0.30x 2.80x
Total 0.01x 0.51x 2.72x

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 800 ₹2,72,800
Retail Maximum 2 800 ₹2,72,800
S-HNI Minimum 3 1,200 ₹4,09,200
S-HNI Maximum 7 2,800 ₹9,54,800
B-HNI Minimum 8 3,200 ₹10,91,200

IPO Reservation

QIB 1% NII 20% Retail 79%
Category Shares Offered Shares %
QIB14,4001.04%
NII (HNI)2,76,00020.00%
bNII > ₹10L1,84,00013.33%
sNII < ₹10L92,0006.67%
Retail10,89,60078.96%
Total13,80,000

Financial Analysis

Financial Data

EPS (Pre)
₹30.90
EPS (Post)
₹22.25
P/E (Pre)
11.04x
P/E (Post)
15.33x
ROE
50.37%
ROCE
31.94%
RoNW
50.37%
EBITDA Margin
8.32%
Debt/Equity
0.89
NAV/Share
₹76.80
Market Cap
₹177 Cr
Revenue Growth
176.00%
Profit Margin
5.38%

Financial Performance

2026 vs 2025 Revenue +176.0% Profit (PAT) +68.9% Total Assets +9.9%
Metric 2024 2025 2026
Revenue 27.87 77.76 214.62
Expense 24.38 68.84 199.28
Profit (PAT) 2.63 6.84 11.55
Total Assets 37.14 67.47 74.18
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
Vama Wovenfab This IPO 22.25 15.33 50.37 76.80 -
Aeroflex Neu Ltd 0.45 183.18 1.27 39.08 101.25 Cr
Kahan Packaging Limited 4.30 4.53 11.20 40.54 30.38 Cr
Peer median P/E 93.9x across 2 listed peers · Vama Wovenfab 15.3x (post-issue)
Priced 84% below the peer median P/E
Vama Wovenfab 15.3x Peer median 93.9x Listed peers (4.5x – 183.2x)

Promoters & Holding Pattern

Promoters: Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta, Nisha Vaibhav Gupta

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 37,36,164 100.00%
Promoter Holding Post Issue 37,36,164 72.00%

Strengths & Risks

Strengths
  • Revenue grew 176% in the latest reported year.
  • Strong return on equity — 50%.
Risks & Concerns
  • Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Vama Wovenfab

Since its foundation in March 2011, Vama Wovenfab has been acting as a certified manufacturer of PP and HDPE woven sack bags and fabric-based packaging products. Along with manufacturing, the firm also trades plastic granules and offers customised bulk packaging solutions to B2B customers across the agriculture, food processing, chemicals, fertilizers, sugar, and cement industries. Its product portfolio includes PP/HDPE woven bags and fabrics, BOPP bags, HDPE trampoline sheets, coloured woven fabric sheets, and loop handle bags, available in different sizes, weights, and colors. Vama operates its manufacturing facilities in Nani Daman, Daman, which involve melting and extruding plastic granules into tapes, weaving them into fabric, and converting the fabric into finished bags.

Company Contact Information

1104 W 92, L T Road, Borivali (West) Vazira Naka Mumbai Maharashtra

Objects of the Issue

Purpose Amount (Cr)
Capital Expenditure towards Construction of shed 1.36
Capital Expenditure towards Purchase of Machinery 7.25
To meet working capital requirements 26.50
General Corporate Purposes -

Resources & Documents

Vama Wovenfab IPO - Quick Take

Vama Wovenfab has set a price band of Rs 324–Rs 341 per share for an issue size of Rs 50 crore. The stock listed flat against its issue price.

The issue is promoted by Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta, Nisha Vaibhav Gupta with Gretex Corporate Services Ltd. acting as lead manager. Net proceeds will primarily be used towards capital Expenditure towards Construction of shed (Rs 1 crore) and capital Expenditure towards Purchase of Machinery (Rs 7 crore).

At the upper end of the price band, the issue is priced at a post-issue P/E of 15.33x. On fundamentals, the company is posting revenue growth of 176.0%, a profit margin of 5.4%, return on equity of 50.4% in its most recent reported period. Listed peers in this segment include Aeroflex Neu Ltd (P/E 183.18x) and Kahan Packaging Limited (P/E 4.53x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Vama Wovenfab IPO is Rs 324 to Rs 341 per share. Face value is Rs 10 per share.

The total issue size of Vama Wovenfab IPO is Rs 50 crore, comprising fresh issue of Rs 47 crore.

The lot size of Vama Wovenfab IPO is 400 shares. The minimum application is 2 lots (800 shares), requiring an investment of Rs 2,72,800.

Vama Wovenfab IPO opens for subscription on September 15, 2026 and closes on September 17, 2026.

The expected allotment date for Vama Wovenfab IPO is September 18, 2026. Refunds for unsuccessful applicants are expected on September 21, 2026. Shares are scheduled to be credited to demat accounts on September 21, 2026.

Vama Wovenfab IPO is scheduled to list on September 22, 2026 on BSE. BSE script code: 544931, NSE symbol: VAMAWOVEN, ISIN: INE1G7R01010.

The last GMP (Grey Market Premium) recorded for Vama Wovenfab IPO before listing was +Rs 3 (+0.9% over issue price). The shares actually listed at Rs 341 (+0.00% versus the issue price). GMP only estimates the listing price and stops mattering once the shares trade.

Vama Wovenfab IPO was subscribed 2.72 times overall by the close of bidding — retail at 2.80x, QIB at 1.00x, NII at 2.49x.

Based on the final retail subscription of 2.80x for Vama Wovenfab IPO, the estimated retail allotment probability is approximately 40.7%. This is a moderate probability of allotment.

The registrar for Vama Wovenfab IPO is Maashitla Securities Pvt.Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Vama Wovenfab IPO are Gretex Corporate Services Ltd.

The promoter(s) of Vama Wovenfab are Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta, Nisha Vaibhav Gupta.

Vama Wovenfab IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 0.9%. Of the 47 SME IPOs we have tracked with a final GMP under 10%, 18 listed above, 10 flat and 19 below the issue price; Vama Wovenfab listed flat.

See the full Vama Wovenfab GMP history and trend, or learn how grey market premium works and how reliable it is.

Related IPO

Same sector or same stage as Vama Wovenfab
Side by side: GMP, subscription, valuation, financials and listing performance.
0 Comments

No comments yet. Be the first to share your opinion!

GMPUpdate