Vama Wovenfab Limited IPO — Subscription & GMP

listedSMEBSENSE: VAMAWOVENBSE: VAMAWOVENBSE code: 4820
Grey market premiumat close
+₹30
final quote · 17 Sept 2026 · bidding closed
Implied listing gainat close
+8.80%
implies ₹371 on listing
Subscribed
2.58×
exchange data · 33 d ago
Min. investment
₹1,36,400
400 shares × ₹341
Price band
₹324 – ₹341
Lot size
400
Issue size
₹49.54 Cr
Bidding
15 Sept 2026 → 17 Sept 2026
Allotment
—
Listing
22 Sept 2026

Listing outcome

Official exchange prices
Listed at₹341vs ₹341 issue price
0.00%listing gain
Grey market prediction vs reality
GMP implied+8.80%
Actually listed0.00%

GMP was out by 8.8 percentage points against the buyer — it implied +8.80% and the issue listed 0.00%. Counted in our running GMP accuracy record.

Listing date22 Sept 2026
Day 1 close₹324 (-5.00%)
GMP at close of bidding₹30 premium
SourceExchange bhavcopy

Schedule

  1. 15 Sept 2026IPO open date
  2. 17 Sept 2026IPO close date
  3. 18 Sept 2026Allotment date†
  4. 18 Sept 2026Funds unblock or debit†
  5. 22 Sept 2026Tentative listing date

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

Fundamentals

The business, its valuation and returns

Vama Wovenfab Limited - Business Model Summary

Vama Wovenfab Limited operates as a B2B manufacturer and supplier of bulk packaging solutions, specializing in Polypropylene (PP) and High-Density Polyethylene (HDPE) woven products.

Core Segments & Product Portfolio

1. Packaging & Fabric Manufacturing: - Products: Produces PP/HDPE woven sacks, woven fabrics, Biaxial Oriented Polypropylene (BOPP) bags, HDPE tarpoline sheets, coloured woven fabric sheets, and loop handle bags. - End-User Industries: Supplies durable packaging materials used for storing and transporting goods across agriculture, food grains, sugar, fertilizers, chemicals, and cement sectors.

2. Plastic Granule Trading: - Engages in the commercial trading of plastic raw material granules alongside its primary manufacturing output.

Operational Model

  • In-House Manufacturing Process: Operates a production facility in Daman that handles the end-to-end conversion cycle—melting and extruding plastic granules into tapes, weaving them into fabrics, and finishing them into customized bags (incorporating recycled reprocessed granules, masterbatches, and filler additives for resource efficiency).
  • Customized B2B Supply: Tailors dimensions, weights, and prints according to specific institutional requirements.

Revenue Streams

  • Direct B2B Sales: Generates primary revenue through bulk commercial sales and supply contracts with industrial manufacturers, corporate entities, and traders requiring heavy-duty packaging solutions.
  • Granule Trading Income: Realizes secondary income through the wholesale distribution of plastic raw materials.
RoNW
50.37%
latest reported year · strong above 15%
PAT margin
5.38%
net profit as a share of revenue
Revenue
₹214.62 Cr
PAT ₹11.55 Cr
MetricPre-issuePost-issue
EPS₹30.90—
P/E ratio at cap price11.04×—

Promoter holding pre/post issue is in the offer document but we do not yet extract it. Left blank rather than estimated.

Read from the company’s offer document filed with SEBI. Figures are the latest reported financial year, as restated in that filing.

Figures are as reported and not independently audited, and are read 44 d ago.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange
No grey market premium is being quoted for this issue. Unlike subscription, GMP has no official source — when dealers are not quoting it, there is nothing to report.

Subscription status

Live from BSE · fetched 799 hr ago
Overall subscribed
2.58×
exchange data, 33 d ago
QIB
1.00×
14,400 of 14,400 shares
NII
1.97×
6.87 L of 3.49 L shares
Retail
2.80×
30.52 L of 10.90 L shares
CategoryShares offeredShares bid forSubscribed
1Qualified Institutional Buyers (QIBs)14,40014,4001.00×
1(a)Foreign Institutional Investors (FIIs)———
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)———
1(c)Mutual Funds———
1(D)Others—14,400—
2Non Institutional Investors3.49 L6.87 L1.97×
2(a)Corporates—89,600—
2(b)Individuals (Other than RIIs)—5.15 L—
3Retail Individual Investors (RIIs)10.90 L30.52 L2.80×
3(a)Cut Off———
3(b)Price Bids—30.52 L—
4Employee Reserved—0—
4(a)Employee (Cut off)———
4(b)Employee (Price)———
5Reservation PortionShareholder—0—
5(a)RPS (Cut off)———
5(b)RPS (Price)———
Total14.53 L37.53 L2.58×

Source: NSE issue information · BSE public issue

Demand curve

Shares bid at each price point · BSE

₹324 → ₹341 · peak 37.54 L shares bid

Allotment status

You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.

Issue details

Price band
₹324 – ₹341
Lot size
400 shares
Min. bid quantity
800
Face value
₹10.00
Tick size
₹1.00
Shares offered
14.53 L
Issue size
₹49.54 Cr
Max bid · QIB
13.80 L
Max bid · NII
13.66 L

Timeline & process

Bidding opens
15 Sept 2026
Bidding closes
17 Sept 2026
Allotment
—
Listing
22 Sept 2026

Intermediaries

Registrar
Maashitla Securities Private Limited
Sponsor bank
AXIS BANK
Lead managers
Gretex Corporate Services Limited
Syndicate members
https://listing.bseindia.com/Download/E:\inetpub\LISTING\RTA\DocumentsSMEiPO\280609\Syndicate_Member_Syndicate_Member.xlsx

Documents

Price band notice
PDF
Prospectus
View