
Vedant Poly Fabs Limited IPO Details
NSE - SMEAllotted
SMEGMP TodayLive
₹1(+0.9%)
Est. Listing: ₹95
7-Day Trend
7 days ago: ₹1Latest: ₹1
Price Band₹88 - ₹94Lot: 1,200 Shares
Min Outlay₹1,05,600Retail Category
Closes On04 Nov 2026Bidding Deadline
Total Demand1.95xSubscription Book
Vedant Poly Fabs Limited IPO DetailsCore Specs
IPO Bidding Dates | 02 Nov 2026 to 04 Nov 2026 |
Allotment Date | 05 Nov 2026 |
Listing Date | 09 Nov 2026 |
Issue Price Band | ₹88 - ₹94 |
Market Lot Size | 1,200 Shares |
Face Value | ₹10 per share |
Total Issue Size | 6,03,000 Shares (₹56.68 Cr) |
Fresh Issue | 54,26,400 Shares (₹51.01 Cr) |
Offer For Sale (OFS) | 6,03,600 Shares (₹5.67 Cr) |
Listing Exchange(s) | NSE |
Pre-Issue Shares | 1,47,25,214 |
Post-Issue Shares | 2,01,77,054 |
Market Maker Portion | 3,04,800 Shares |
Lot(s) Distribution
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,25,600 |
| sHNI (Min) | 3 | 3,600 | ₹3,38,400 |
| bHNI (Min) | 9 | 10,800 | ₹10,15,200 |
Company Financials (In Crores)
| Period Ended | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| Assets | 100.88 | 97.8 | 55.4 | 18.88 |
| Revenue | 30.49 | 115.31 | 81.58 | 49.73 |
| Net Worth | 45.60 | 42.26 | 15.42 | 3.86 |
| Borrowing | 44.81 | 46.82 | 13.32 | 6.35 |
| PAT | 30.49 | 10.97 | 4.56 | 0.64 |
| Reserves | 30.88 | 27.53 | 4.57 | 3.75 |
Key Performance Indicators (KPI)
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| ROCE (%) | 8.93 | 30.65 | 43.66 | 16.94 |
| RONW (%) | 30.52 | 25.95 | 29.57 | 16.48 |
| EPS (₹) | 2.36 | 10.01 | 4.24 | 0.59 |
| P/E Ratio | 13.62 | 9.39 | - | - |
About Vedant Poly Fabs Limited
Vedant Poly Fabs Limited, incorporated in December 2018, manufactures flexible packaging materials for businesses across India. Operating under a business-to-business (B2B) model, the company offers a wide range of products, including 3-layer and 5-layer LD films, shrink films, barrier films, printed laminates, and milk and oil pouches, serving industries such as food and beverages and other consumer goods. Since commencing operations, the company has expanded its product portfolio, strengthened its manufacturing capabilities and developed dedicated teams across sales, design, production, logistics and dispatch. In March 2026, it further enhanced its production capabilities by installing additional lamination, slitting and pouching machines, along with a reprocessing unit to improve resource utilisation and recycle manufacturing waste. Its integrated manufacturing process covers raw material procurement, film extrusion, printing, lamination, slitting, quality control, packaging and dispatch, enabling the company to manage multiple stages of production. As of March 31, 2026, Vedant Poly Fabs Limited employed 72 people, comprising 41 permanent employees and 31 contractual workers, supporting its manufacturing and business operations.
Strengths & Growth Drivers
- Diversified Packaging Product Portfolio: The company manufactures multilayer LD films, shrink films, barrier films, printed laminates, and milk and oil pouches for food, beverage and consumer product packaging.
- Integrated Manufacturing Capabilities: Its manufacturing process covers extrusion, printing, lamination, slitting and pouching, allowing it to offer customised packaging solutions to business customers.
- Strong Financial Growth: Revenue increased from ₹81.58 crore in FY2025 to ₹115.31 crore in FY2026, while profit after tax rose from ₹4.56 crore to ₹10.97 crore.
Risk Factors
- High Working Capital Requirements: The company requires substantial funds for raw materials, inventory and customer payments, which may affect cash flow and day-to-day operations.
- Rising Borrowings: Total borrowings increased from ₹13.32 crore in FY2025 to ₹46.82 crore in FY2026, increasing financial obligations and repayment pressure.
- Raw Material and Environmental Risks: Fluctuations in plastic resin prices and stricter regulations on plastic packaging may increase production costs, affect demand and require additional investment.
Company Promoters
- Pankaj Kumar Maheshwari
- Sujata Maheshwari
- Sethsawaria Poly Fab LLP
Lead Manager(s)
Affinity Global Capital Market Private Limited
Current GMP Today+₹0.85Live Unofficial Premium
Estimated Listing Price₹112800.85Cap Price (₹112800) + GMP (₹0.85)
Estimated Listing Gain+0.0%Expected ROI per Share
Vedant Poly Fabs Limited Daily GMP Trend HistoryLive Daily Trend
| GMP Date | IPO Price | GMP (₹) | Est. Listing Price | Expected Gain (%) | Last Updated |
|---|---|---|---|---|---|
| 06 Nov 2026 | ₹94 | +₹0.85 | ₹94.85 | +0.9% | 09:21 AM |
| 04 Nov 2026 | ₹94 | +₹0.85 | ₹94.85 | +0.9% | 06:30 PM |
| 03 Nov 2026 | ₹94 | +₹9.35 | ₹103.35 | +9.9% | 06:30 PM |
| 02 Nov 2026 | ₹94 | +₹12.75 | ₹106.75 | +13.6% | 06:48 PM |
| 01 Nov 2026 | ₹94 | +₹12.75 | ₹106.75 | +13.6% | 06:48 PM |
| 31 Oct 2026 | ₹94 | +₹4.25 | ₹98.25 | +4.5% | 04:47 AM |
| 30 Oct 2026 | ₹94 | ₹0 | ₹94.00 | 0.0% | 05:32 AM |
| 28 Oct 2026 | ₹94 | ₹0 | ₹94.00 | 0.0% | 04:56 AM |
Subscription Details (No. of Shares)Live Demand Book
| Category | Shares Offered | Shares Applied | Subscription Demand |
|---|---|---|---|
| QIB | 68,400 | 68,400 | 0x |
| NIB | 22,60,800 | 34,32,000 | 0x |
| HNIs(10L +) | 15,07,200 | 19,96,800 | 0x |
| HNIs (2-10L) | 7,53,600 | 14,35,200 | 0x |
| RETAIL | 33,96,000 | 76,68,000 | 0x |
Day Wise Subscription Details
| Day | Date | QIB (x) | NII (x) | Retail (x) | Total (x) |
|---|---|---|---|---|---|
| Day 1 | - | 0x | 0x | 0x | 0x |
| Day 2 | - | 0x | 0x | 0x | 0x |
| Day 3 | - | 0x | 0x | 0x | 0x |
IPO Reservation Breakup
| Investor Category | Shares Offered | Allocation (%) |
|---|---|---|
| QIB | 68,400 | 1.13% |
| HNI | 22,60,800 | 37.49% |
| RETAIL | 33,96,000 | 56.32% |
| Market Maker | 3,04,800 | 5.05% |
Official IPO Documents & Filings
Red Herring Prospectus (RHP)
Complete issue guidelines, risks, financials, and company profile.
Draft Red Herring (DRHP)
Initial draft submitted to SEBI before price discovery.
Vedant Poly Fabs Limited IPO Review & FAQ
Everything you need to know about IPO GMP, Kostak, and listing expectations.
As of today, Vedant Poly Fabs Limited IPO Grey Market Premium (GMP) is trading at ₹1 per share. With an issue cap price of ₹94, the expected listing price is ₹95 (+0.9% gain).
UPCOMING02 NOV
OPEN02 NOV
CLOSE04 NOV
LISTED09 NOV
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Issue Key Information
Allotment StatusPrice Band₹88 - ₹94
Issue Cap Price₹94
Market Lot Size1,200 Shares
Min Retail Outlay₹1,05,600
Total Issue Size₹56.68 Cr
Listing ExchangesNSE
RegistrarCameo Corporate Services Limited
IPO Lot & Return Calculator
1 Lot(s)
Total Shares Applied:1200 shares
Required Investment (At Cap):₹1,12,800
Expected Listing Gain (@ GMP):+₹1,020
Estimated Portfolio Value:₹1,13,820