Vama Wovenfab Limited manufactures and sells PP and HDPE woven sack bags and fabric-based products, including customized woven bags, fabrics, HDPE trampolines, coloured woven fabric sheets and loop handle bags. The Company also trades in plastic granules.
The Company provides customized bulk packaging solutions to B2B customers, with woven bags and fabrics used for packaging and transportation across industries such as agriculture, chemicals, food processing, fertilizers, sugar and cement.
Vama Wovenfab operates its manufacturing facility at Bhimpore, Nani Daman, where it converts plastic granules into woven fabrics and customized bags. The Company also uses reprocessed granules and other inputs to deliver customized packaging solutions.
As of FY 2025–26, the Company had a sales presence across three states and one Union Territory, supported by its ISO 9001:2015 certified manufacturing facility and established customer network.
As of April 30, 2026, the Company had a workforce of 94 employees and had established a sales presence across three states and one Union Territory.

Vama Wovenfab IPO – Details
| IPO Opening Date | 15 September 2026 |
| IPO Closing Date | 17 September 2026 |
| Issue Type | Book Building IPO |
| Issue Size | Total Issue: 14,52,800 Shares Worth ₹49.54 Crore Fresh Issue: 14,52,800 Shares Worth ₹49.54 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹324 – ₹341 per share |
| Market Lot | 400 Shares |
| Min Order | 400 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| QIB Shares Offered | 1.04% |
| NII Shares Offered | 20.00% |
| Retail Shares Offered | 78.96% |
Vama Wovenfab IPO – Date Schedule
| IPO Open Date | 15 September 2026 |
| IPO Close Date | 17 September 2026 |
| Basis of Allotment | 18 September 2026 |
| Initiation of Refund | 21 September 2026 |
| Credit of Shares to Demat | 21 September 2026 |
| IPO Listing Date | 22 September 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 17, 2026 |
Vama Wovenfab IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,72,800 |
| Retail (Max) | 2 | 800 | ₹2,72,800 |
| S-HNI (Min) | 3 | 1200 | ₹4,09,200 |
| S-HNI (Max) | 7 | 2800 | ₹9,54,800 |
| B-HNI (Min) | 8 | 3200 | ₹10,91,200 |
Competitive Strength
- Strong Long-Term Customer relationship.
- Deep Customer Understanding and Prioritization.
- Continuous Product and Process Improvement.
- Skilled and Experienced Workforce.
Company Promoters
- Suresh Mohanlal Gupta
- Vaibhav Suresh Gupta
- Saurabh Suresh Gupta
- Nisha Vaibhav Gupta
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹27.87 Cr | ₹24.38 Cr | ₹2.63 Cr | ₹11.17 Cr |
| 31 March 2025 | ₹77.76 Cr | ₹68.84 Cr | ₹6.84 Cr | ₹16.94 Cr |
| 31 March 2026 | ₹214.62 Cr | ₹199.28 Cr | ₹11.55 Cr | ₹25.44 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 50.37% |
| ROCE | 31.94% |
| Debt/Equity | 0.89 |
| RoNW | 50.37% |
| PAT Margin | 5.38% |
| EBITDA Margin | 8.32% |
| NAV | 76.80 |
| Price to Book Value | 4.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 30.90 | 22.25 |
| P/E (x) | 11.04 | 15.33 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure towards Construction of shed. | ₹1.36 |
| Capital Expenditure towards Purchase of Machinery. | ₹7.25 |
| To meet working capital requirements. | ₹26.50 |
| General Corporate Purposes. |

✅Strengths
- Strong Customer Relationships supporting stable business operations.
- Customized Solutions catering to diverse customer requirements.
- Skilled Workforce and Quality Focus supporting efficient operations.
⚠️Risks
- Customer Concentration with significant dependence on key customers.
- Raw Material Price Volatility which may impact profit margins.
- Supplier Dependence for the availability of key raw materials.
Vama Wovenfab IPO Promoter Holding
| Pre-Issue Share Holding | 100% |
| Post Issue Share Holding | 72% |
Vama Wovenfab IPO Prospectus
Company Contact Information
| Vama Wovenfab Limited 1104, W 92, L T Road, Borivali (West) Vazira Naka, Mumbai, Maharashtra, 400092 Phone: +91 89768 50365 Email: info@vamawoven.com Website: https://vamawoven.com/ |
Vama Wovenfab IPO Registrar
| Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: Investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Vama Wovenfab IPO Lead Manager(s)
| 1. Gretex Corporate Services Ltd. |
Vama Wovenfab IPO FAQ

| What is the Vama Wovenfab IPO? Vama Wovenfab IPO is an SME IPO. The issue is priced at ₹324 – ₹341 per equity share. The IPO is to be listed on BSE SME. |
| When will Vama Wovenfab IPO open? The IPO is to open on 15 September 2026 for QIB, NII and Retail Investors. |
| What is Vama Wovenfab IPO Investors’ Portion? The Investors portion for QIB – 1.04%, NII – 20.00%, and Retail – 78.96%. |
| What is the Vama Wovenfab IPO Size? Vama Wovenfab IPO size is ₹49.54 Crore. |
| What are the Vama Wovenfab IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 800 Shares for ₹2,72,800, while the maximum bid is 800 Shares for ₹2,72,800. |
| What is the Vama Wovenfab IPO Allotment Date? Vama Wovenfab IPO allotment date is 18 September 2026. |
| What is the Vama Wovenfab IPO Listing Date? Vama Wovenfab IPO listing date is 22 September 2026. The IPO is to be listed on the BSE SME. |



