Vedant Poly Fabs Limited IPO — Subscription & GMP
- Price band
- ₹88 – ₹94
- Lot size
- 1200
- Issue size
- ₹56.68 Cr
- Bidding
- 02 Nov 2026 → 04 Nov 2026
- Allotment
- —
- Listing
- —
Schedule
- 02 Nov 2026IPO open date
- 04 Nov 2026IPO close date
- 05 Nov 2026Allotment date†
- 05 Nov 2026Funds unblock or debit†
- 09 Nov 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 returnsVedant Poly Fabs makes flexible packaging materials from plastic films. It was incorporated in Kolkata in 2018 and became a public company in 2025.
The numbers
- Revenue: ₹115.1 Cr in FY26, up 42% from ₹81.0 Cr in FY25 (₹49.5 Cr in FY24)
- Profit after tax: ₹11.0 Cr in FY26, against ₹4.6 Cr and ₹0.6 Cr; PAT margin 9.5%
- Return on net worth: 26.0% in FY26
- Balance sheet: net worth ₹42.3 Cr at March 2026, with debt at 1.11× equity
- EPS: ₹10.01 for FY26, about 9× earnings at the top of the band (₹94)
The June 2026 quarter brought ₹30.3 Cr of revenue and ₹3.5 Cr of profit.
Where the money goes
The ₹56.7 Cr issue has two parts: a fresh issue of 54.3 lakh shares for the company, and an offer for sale of 6.0 lakh shares by the promoter.
Worth knowing
- Profit has grown much faster than sales — from ₹0.6 Cr to ₹11.0 Cr in two years — so the margin is new.
- Plastic raw materials move with crude-oil prices, and the filing notes reliance on its top ten suppliers.
- This is an SME issue on NSE Emerge: 1,200 shares a lot.
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS | ₹10.01 | — |
| P/E ratio | 9.39× | — |
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 1 hr ago.
Grey market premium
Unofficial · not from any exchangeSubscription status
Awaiting first fetch from exchangeSource: NSE issue information
Equity split
Fresh equity vs offer for sale- Fresh equity
- ₹51.01 Cr 90.0%
- Offer for sale
- ₹5.67 Cr 10.0%
- Total issue size
- ₹56.68 Cr
Read from the issue size stated in NSE's filing. The filing quotes the offer for sale as 6.04 L shares rather than a rupee amount, so it is valued here at the cap price of ₹94 — the final figure moves with the issue price.
Allotment status
Issue details
- Price band
- ₹88 – ₹94
- Lot size
- 1200 shares
- Min. bid quantity
- —
- Face value
- ₹10.00
- Tick size
- ₹1.00
- Shares offered
- 60.30 L
- Issue size
- ₹56.68 Cr
- Max bid · QIB
- —
- Max bid · NII
- —
Timeline & process
- Bidding opens
- 02 Nov 2026
- Bidding closes
- 04 Nov 2026
- Bidding hours
- 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.)
- UPI mandate cutoff
- 04-Nov-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
- Allotment
- —
- Listing
- —
Intermediaries
- Registrar
- Cameo Corporate Services Limited
- Sponsor bank
- Kotak Mahindra Bank Limited
- Lead managers
- Affinity Global Capital Market Private Limited