Vama Wovenfab IPO

About Vama Wovenfab IPO

The public issue of the Vama Wovenfab IPO, an SME IPO, opens on Tuesday, September 15, 2026 and closes on Thursday, September 17, 2026. The allotment of shares will take place on Friday, September 18, 2026. The credit of shares to the demat account will take place on Monday, September 21, 2026. The initiation of refunds will take place on Monday, September 21, 2026. The listing of shares will take place on Tuesday, September 22, 2026.

The equity shares offered through the IPO are proposed to be listed on the BSE SME platform.

The offer consists of a fresh issue component. The fresh issue will include 0.14 crore shares of ₹49.54 crore. The total number of shares and aggregate amount are 14,52,800 shares aggregating up to ₹50 crore.

Vama Wovenfab IPO’s price band is set at ₹324 to ₹341 per share. The lot size for an application is 400 shares. The minimum amount of investment required by a retail individual investor is ₹2,72,800 (800 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (1,200 shares), amounting to ₹4,09,200.

Vama Wovenfab is an ISO 9001:2015 certified company, primarily engaged in manufacturing and selling Polypropylene (PP)/ High Density Polyethylene (HDPE) Woven Sack Bags & Fabric based products of different weight, sizes and colours as per customers specifications like, HDPE Trampoline and Coloured Woven Fabric Sheets, Loop handle bags. They also trade in plastic granules.

Objectives of Vama Wovenfab IPO

• Capital expenditure towards construction of a shed.
• Capital expenditure towards purchase of machinery.
• To meet working capital requirements.
• General corporate purposes.

Industry Outlook

The India Plastic Packaging Market size is estimated at USD 2244 crore in 2025, and is expected to reach USD 26.13 billion by 2030, at a CAGR of 3.09% during the forecast period (2025-2030). India’s manufacturing sector is witnessing steady expansion, supported by policy measures, infrastructure development, and improving industrial performance indicators. Government-led initiatives, particularly in infrastructure and logistics, are strengthening the enabling ecosystem. Platforms such as PM GatiShakti and the National Logistics Policy are improving planning efficiency, supply chain integration, and data-driven decision-making. At the same time, industrial corridor development, with investments of Rs. 2.02 lakh crore is facilitating the creation of new manufacturing hubs.

About Vama Wovenfab

Vama Wovenfab is an ISO 9001:2015 certified company, primarily engaged in manufacturing and selling Polypropylene (PP)/ High Density Polyethylene (HDPE) Woven Sack Bags & Fabric based products of different weight, sizes and colours as per customers specifications like, HDPE Trampoline and Coloured Woven Fabric Sheets, Loop handle bags. They also trade in plastic granules.

They offer customised bulk packaging solutions to business-to-business (B2B) manufacturers catering to different industries and traders. Their company is well-equipped to manufacture woven bags, fabrics along with trading of plastic granules. Their major revenue comes from the production and sale of Woven bags and Fabrics, which are used in several sectors for packaging and transporting various goods. Also, their well-equipped facilities enable them to consistently deliver high-quality products that meet the diverse requirements of their customers in sectors such as agriculture, chemicals, food processing, and more.

Strengths of Vama Wovenfab

• Strong long-term customer relationship.
• Deep customer understanding and prioritization.
• On-time and planned delivery.
• Continuous product and process improvement.
• Skilled and experienced workforce.

Risks of Vama Wovenfab

• The company derives a substantial portion of its revenues from limited buyers and dependence on a limited set of bulk purchasers in a commoditised and price-sensitive market.
• The company has not entered into long-term agreements with their customers.
• They are dependent on polypropylene (PP) and high-density polyethylene (HDPE) granules as primary raw materials, the prices of which are inherently volatile due to fluctuations in crude oil and feedstock costs, refinery disruptions, and supply chain constraints.
• They generate a major portion of sales from their operations in certain geographical regions.
• The company requires significant amounts of working capital and a significant portion of their working capital is consumed in trade receivables and inventories.

Anchor Investor Bidding Date

Friday, September 11, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details
Maashitla Securities Pvt.Ltd.
Email: investor.ipo@maashitla.com
Tel.: 011-45121795

Book Running Lead Manager
Gretex Corporate Services Ltd.

Vama Wovenfab Contact Details
1104, W 92, L T Road, Borivali (West) Vazira Naka Mumbai, Maharashtra, 400092.
Email: info@vamawoven.com
Phone: +91 89768 50365

Vama Wovenfab Business Model

The company earns its revenue through the manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) Woven Sack Bags & Fabric. They also trade in plastic granules.

Vama Wovenfab Growth Trajectory

Vama Wovenfab’s Total Income for FY26 was ₹214.62 crore, whereas in FY25 and FY24 it was ₹77.75 crore and ₹27.87 crore, respectively.

The Profit After Tax for FY26 was ₹11.54 crore, whereas in FY25 and FY24 it was ₹6.84 crore and ₹2.63 crore, respectively.

Their EBITDA for FY26 was ₹17.86 crore, whereas in FY25 and FY24 it was ₹10.36 crore and ₹5.10 crore, respectively.

Vama Wovenfab Market Position

As of the financial year 2025-26, the company has established a sales presence in 3 states and 1 union territory. A nearby transportation hub is under development, designed to connect highways and coastal roads, which will further facilitate movement of goods and support expansion into other states and union territories.

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹214.62 crore, ₹11.54 crore, and ₹17.86 crore, respectively.

How to apply for Vama Wovenfab IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.