Vama Wovenfab IPO- Company Analysis
Vama Wovenfab IPO under the SME IPO category is a book build issue of Rs. 49.54 Cr by Vama Wovenfab Limited, which is a producer of fabric-based packaging items and PP and HDPE woven sack bags with ISO 9001:2015 certification. Additionally, the company deals in plastic granules and offers B2B clients in sectors like agriculture, food processing, chemicals, fertilizers, sugar, and cement customized bulk packaging solutions.
PP/HDPE woven bags and fabrics, BOPP bags, HDPE trampoline sheets, colored woven fabric sheets, and loop handle bags in various sizes, weights, and colors in accordance with client specifications are all part of the company's product line.
The company melts and extrudes plastic granules into tapes, then weaves them into fabric and transforms them into personalized finished bags. To improve the performance and quality of its products, the company also uses recycled granules, a variety of additives, and auxiliary materials.
Vama Wovenfab IPO Details
The Vama Wovenfab IPO date of opening is 15 Sep 2026; its initial public offering will end on 17 Sep, IPO allotment on Sep 18 and refund initiation on Sep 21, 2026.
The Rs. 49.54 crore new SME IPO comprises a wholly fresh issue of 0.14 Cr shares.
The Vama Wovenfab IPO listing date (expected) might be Tuesday, Sep 22, 2026, and the listing on the BSE and SME.
The Vama Wovenfab IPO price band is Rs. 324 to Rs. 341.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Sep 15, 2026 |
|
IPO Closing Date |
Sep 17, 2026 |
|
IPO Allotment Date |
Sep 18, 2026 |
|
Refund Initiation |
Sep 21, 2026 |
|
IPO Listing Date |
Sep 22, 2026 |
Click to open demat account and apply for the IPO.
Company Financials
(Amount in Cr)
|
Particulars |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Assets |
74.18 |
67.47 |
37.14 |
|
Total Income |
214.62 |
77.76 |
27.87 |
|
Profit After Tax |
11.55 |
6.84 |
2.63 |
|
EBITDA |
17.86 |
10.37 |
5.10 |
|
Net Worth |
28.69 |
17.15 |
9.05 |
|
Reserves and Surplus |
24.96 |
13.41 |
5.44 |
|
Total Borrowing |
25.44 |
16.94 |
11.17 |
Cash Flows
(Amount in Lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
(631.47) |
(232.51) |
692.94 |
|
Net Cash Flow Investing Activities |
(12.07) |
(356.46) |
(35.93) |
|
Net Cash Flow Financing Activities |
675.32 |
586.98 |
(642.38) |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Capital Expenditure towards Construction of a shed. ~ Rs. 1.36 Cr.
-
Capital Expenditure towards Purchase of Machinery. ~ Rs. 7.25 Cr.
-
To meet working capital requirements. ~ Rs. 26.50 Cr.
-
General Corporate Purposes.
Listed Peers of Vama Wovenfab Ltd.
Valuation
|
KPI |
Value (Mar 31, 2026) |
|
ROE |
50.37% |
|
ROCE |
31.94% |
|
Debt/Equity |
0.89 |
|
RoNW |
50.37% |
|
PAT Margin |
5.38% |
|
EBITDA Margin |
8.32% |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 30.90 from the last year, the resulting P/E ratio is 11.04x.
|
Valuation Metric |
Pre IPO |
Post IPO |
|
EPS (₹) |
30.90 |
22.25 |
|
P/E (x) |
11.04 |
15.33 |
Explore the Quanto Agroworld IPO.
IPO's Strengths
-
On-time and planned delivery.
-
Customised packaging solutions.
-
Skilled and experienced workforce.
-
Established manufacturing capabilities.
IPO's Weaknesses
-
A substantial portion of the company's revenue is derived from a limited number of buyers in a commoditised and price-sensitive market. Dependence on bulk purchasers exposes the company to customer concentration, cyclicality and fluctuations in demand.
-
The company has not entered into long-term agreements with its customers. Its dependence on these customer channels exposes it to risks of customer attrition, pricing pressure, and revenue volatility, which could adversely affect financial performance.
-
The company is dependent on PP and HDPE granules as its primary raw materials. Their prices can fluctuate due to changes in crude oil and feedstock costs, refinery disruptions, and supply-chain constraints, potentially affecting production costs, profitability, and financial condition.
Vama Wovenfab IPO GMP (Grey Market Premium)
Vama Wovenfab IPO GMP today is Rs. 0 as of 12 September 2026, while writing this information.
Vama Wovenfab IPO Summary
|
IPO Opening & Closing Date |
15 Sep, 2026 to 17 Sep, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 324 to Rs. 341 per Share. |
|
Lot Size |
400 Shares |
|
Issue Size |
14,52,800 Shares (Rs. 50 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
13,80,000 Shares (Rs. 47 Cr) |
|
Market Makers |
72,800 Shares (Rs. 2 Cr) |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Maashitla Securities Pvt. Ltd. |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (800 Shares) for Rs. 2,72,800, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (1200 Shares) for Rs. 4,09,200.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Vama Wovenfab IPO Allotment Status
To check the Vama Wovenfab IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Vama Wovenfab Ltd.
-
Suresh Mohanlal Gupta
-
Vaibhav Suresh Gupta
-
Saurabh Suresh Gupta
-
Nisha Vaibhav Gupta.
|
Pre-Issue Promoter Shareholding |
100% |
|
Post-Issue Promoter Shareholding |
72% |
IPO Lead Managers
Gretex Corporate Services Ltd.
Dividend Policy
The company has not paid a dividend during the last three FYs.
Conclusion
Vama Wovenfab IPO shows strong financial growth with rising revenue, profitability, and healthy return ratios, supported by its established manufacturing capabilities. However, investors should consider risks related to customer concentration, raw material price volatility, and dependence on a competitive packaging market.
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