Vama Wovenfab IPO
Open nowSMEPackaging
0.45×
Subscribed
Price band
₹324 – ₹341
Lot size
400
1 lot = ₹1,36,400
Issue size
₹49.54 Cr
Open – close
15 Sept 2026
to 17 Sept 2026
Listing
22 Sept 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. No offer document for this issue has been published yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens15 Sept 2026
- Closes17 Sept 2026
- Allotment18 Sept 2026
- Listing22 Sept 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB1.00x
Non-institutionalNII / HNI1.02x
Big NIIabove ₹10L1.39x
Small NII₹2L – ₹10L0.29x
Retail individualRII0.30x
485 applications received — how many people bid, as opposed to how much money did. Exchange figures as of 16 Sept 2026.
Chance of allotment
Retail0.30× subscribed
Full allotment
Minimum 2 lots · 800 shares · ₹2,72,800 blocked
The retail portion is under-subscribed at 0.3×, so every valid application should receive a full allotment.
HNI / NII1.02× subscribed
~1 in 1
Minimum 1 lot · 400 shares · ₹1,36,400 blocked
HNI is 1.02× subscribed. This category is allotted proportionately, so a bid receives roughly 1/1 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹70+20.5%
over the upper band · last seen 16 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹324 – ₹341
Face value₹10
Lot size400shares
Minimum application₹1,36,400at cut-off
Total issue size₹49.54 Cr
Listing atSME platform
Anchor investorsNone
Company & valuation
ISININE1G7R01010
RegistrarMaashitla Securities Pvt Ltd
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+11.5%
Listed up
6 of 8
Best
+90.0%
Millworks Technologies
Worst
-0.7%
Mopshop Distribution
Shanti Inorganicssame segment
142.2× sub+90.0%
Dhanwel Hybrid Seedssame segment
1.6× sub+0.0%
Mopshop Distributionsame segment
1.6× sub-0.7%
Anawil Wire and Engineeringsame segment
149.1× sub+22.1%
Fusion Klassroom Edutechsame segment
1.5× sub+6.9%
Dhaval Packagingsame segment
50.0× sub+13.4%
Sotefin Bharatsame segment
4.0× sub+9.6%
Millworks Technologiessame segment
219.5× sub+90.0%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
About Vama Wovenfab
Vama Wovenfab Limited is engaged in the manufacturing and sale of polypropylene (PP) and high-density polyethylene (HDPE) woven sack bags and fabric-based products. Its product range includes woven sack bags, HDPE trampolines and coloured woven fabric sheets, and loop handle bags, manufactured in different weights, sizes, and colours based on customer specifications. The company also trades in plastic granules and provides customised bulk packaging products to B2B manufacturers and traders across industries such as agriculture, chemicals, food processing, food grains, sugar, fertilisers, and cement. Its manufacturing process uses plastic granules that are melted, extruded into tapes, and woven into fabric, which is then converted into woven bags. The company operates a manufacturing unit at Bhimpore, Daman, where production commenced in 2013. Its registered office is located at Borivali (West), Mumbai. The manufacturing unit is ISO 9001:2015 certified for its quality management system.
Founded 2011MD Mr Saurabh Suresh GuptaSector Packaging
Offer documents
The primary sources everything above is drawn from
Common questions
What is the Vama Wovenfab IPO GMP today?
The most recent grey-market premium recorded for Vama Wovenfab is ₹70 per share — about 20.5% over the ₹341 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the Vama Wovenfab IPO subscribed?
Vama Wovenfab is subscribed 0.45× overall (QIB 1.00×, NII 1.02×, retail 0.30×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar, Maashitla Securities Pvt Ltd.
What is the minimum investment in the Vama Wovenfab IPO?
One lot is 400 shares, so a retail application at the ₹341 cut-off price blocks ₹1,36,400. Retail applications are capped at ₹2,00,000; above that you bid in the HNI category, where allotment is proportionate rather than by lottery.
When is the Vama Wovenfab IPO allotment date?
Allotment is scheduled for 2026-09-18, with listing on 2026-09-22. These dates are the issuer's tentative timetable — a date passing is not confirmation that the step completed. Allotment status is published by the registrar, Maashitla Securities Pvt Ltd.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.