Vama Wovenfab Limited
Bookbuilding IPO · BSE
- Price band
- ₹324 - ₹341
- Lot size
- 400 shares
- Issue amount
- ₹49.54 cr
- Total subscription
- 2.72×
- Opens
- 15 Sept 2026
- Closes
- 17 Sept 2026
- Allotment
- 18 Sept 2026
- Listing
- 22 Sept 2026
Offer at a glance
Issue overview
- Issue size
- 14,52,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹49.54 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,36,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 37,36,164
- Shares after issue
- 51,88,964
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 800 | ₹2,72,800 |
| sHNI | 3 | 1,200 | ₹4,09,200 |
| bHNI | 8 | 3,200 | ₹10,91,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 17 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 1 |
| NIB | 0 | 240 |
| RETAIL | 1,362 | 3,816 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 153 | 95 |
| HNIs (2-10L) | 77 | 145 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.49 | 0.49 |
| Others | 0 | 0.49 |
| RETAIL | 37.16 | 104.1 |
| NIB | 9.41 | 23.42 |
| HNIs 2+ | 3.15 | 6.4 |
| HNIs 10+ | 6.26 | 17.02 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 30.9 | 18.66 | 7.27 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 50.37 | 52.2 | 34 |
| PRE IPO(PE) | 11.04 | 0 | 0 |
| POST IPO(PE) | 15.33 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Vama Wovenfab Limited | 11.04 | 341.0 | 10 | 76.8 | 50.37 | 30.9 |
| Aeroflex Neu Limited | 183.18 | 82.43 | 10 | 39.08 | 1.27 | 0.45 |
| Kahan Packaging Limited | 4.53 | 19.5 | 10 | 40.54 | 11.20 | 4.3 |
Company information
Company profile
Vama Wovenfab Limited, incorporated in March 2011, is an ISO 9001:2015 certified manufacturer of PP and HDPE woven bags, fabrics and other packaging products. The Company also trades in plastic granules and provides customised bulk packaging solutions to B2B customers across industries such as agriculture, food processing, chemicals, fertilizers, sugar and cement. Its product range includes PP/HDPE woven bags and fabrics, BOPP bags, HDPE trampoline sheets, coloured woven fabric sheets and loop handle bags in various sizes, weights and colours. The manufacturing process involves converting plastic granules into tapes, weaving them into fabric and producing finished bags as per customer requirements. The Company also uses recycled granules and additives to improve product quality and performance, while focusing on timely delivery and continuous process improvement. Its manufacturing facility is located in Nani Daman, Daman, where production started in 2013 and is supported by skilled manpower and in-house quality control systems. As of April 30, 2026, Vama Wovenfab had 94 employees, including 85 engaged in operations.
Strengths
- On-Time & Planned Delivery: The company focuses on efficient production planning and timely delivery to meet customer requirements. This helps maintain strong B2B relationships across various industries.
- Customised Packaging Solutions: Vama Wovenfab offers packaging products in different sizes, weights and colours as per customer needs. Its customised bulk packaging capabilities help serve a wide range of applications.
- Skilled & Experienced Workforce: The company has a skilled workforce, with most employees involved in manufacturing operations. Its in-house quality control systems also support consistent product quality.
Risk factors
- Customer Concentration & Demand Fluctuation: A significant share of revenue comes from a limited number of buyers in a price-sensitive market. Dependence on bulk customers exposes the company to changing demand, market cycles and customer concentration risks.
- No Long-Term Customer Agreements: The company does not have long-term contracts with its customers. This creates risks of customer loss, pricing pressure and revenue fluctuations, which may affect financial performance.
- Raw Material Price Volatility: The company mainly relies on PP and HDPE granules as key raw materials. Price changes caused by crude oil costs, refinery disruptions or supply-chain issues could increase production costs and impact profitability.
Promoters
Suresh Mohanlal Gupta
Vaibhav Suresh Gupta
Saurabh Suresh Gupta
Nisha Vaibhav Gupta
Registrar & documents
Lead manager
Gretex Corporate Services Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Vama Wovenfab Ltd., 1104, W 92, L T Road, Borivali (West), Vazira Naka, Mumbai, Maharashtra, 400092
+91 89768 50365
[email protected]Company website ↗Understanding VAMAWOVEN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.