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VAMA WOVENFAB IPO

NOW BOARDINGBSE SME · SME · OTHER INDUSTRIAL PRODUCTS
INDICATIVE FARE / PRICE BAND
₹324–341
GMP +₹10 (+2.93%)
BAND & GMP INDICATIVE · GMP IS UNOFFICIAL MARKET CHATTER · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 14 SEPT 2026, 18:02 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹324–341
LOT SIZE
400 SHARES
ISSUE SIZE
₹49.54 CR
MIN INVESTMENT
₹1,36,400 · 400 SHARES
GMP · GREY MARKET
+₹10 (+2.93%)
RECORDED 14 SEPT 2026, 17:30 IST
P/E RATIO
11.04
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
MINIMUM APPLICATION · AS PUBLISHED2800₹2,72,800
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹341 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS · ONE LOT ALREADY EXCEEDS THE RETAIL CEILING ON THIS ISSUE
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
15 SEPT 26
NEXT STOP
CLOSES
17 SEPT 26
SCHEDULED
ALLOTMENT
18 SEPT 26
SCHEDULED
LISTING
22 SEPT 26
SCHEDULED
REFUNDS INITIATED21 SEPT 26SHARES IN DEMAT21 SEPT 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
THE GREY MARKET · UNOFFICIAL

WHAT THE CHATTER IMPLIES.

INDICATIVE LISTING PRICE
₹351
UPPER BAND ₹341
GMP +₹10 (+2.93%)
RECORDED 14 SEPT 2026, 17:30 IST
This is a calculation, not a forecast or an investment recommendation. GMP is unofficial grey-market chatter — it is not a quote from any exchange, it changes through the day and it frequently does not match the eventual listing price.
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹10
ISSUE TYPE
BOOK BUILD ISSUE
FRESH ISSUE
₹47.06 CR
13,80,000 SHARES
TOTAL SHARES OFFERED
13,80,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

QIB
14,400
Not more than 50% of the Net Offer
NII (HNI)
2,76,000
Not less than 15% of the Net Offer
SNII
92,400
SHARES
BNII
1,83,600
SHARES
RETAIL
10,89,600
Not less than 35% of the Net Offer
MARKET MAKER
72,800
SHARES
13,80,000 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
30.9
EPS · POST-ISSUE
22.25
P/E RATIO
11.04
P/E · POST-ISSUE
15.33
RONW
50.37%
ROCE
31.94%
ROE
50.37%
PAT MARGIN
5.38%
EBITDA MARGIN
8.32%
PRICE / BOOK
4.44
NAV PER SHARE
₹76.8
DEBT / EQUITY
0.89
MARKET CAP
₹176.94 CR
FIGURES STATED AS OF 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS37.1467.4774.18
TOTAL INCOME27.8777.76214.62
PROFIT AFTER TAX2.636.8411.55
EBITDA5.110.3717.86
NET WORTH9.0517.1528.69
RESERVES AND SURPLUS5.4413.4124.96
TOTAL BORROWING11.1716.9425.44
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
OTHER SERVICES ON THIS ROUTE · PEER GROUP

WHO ELSE RUNS THIS LINE.

PEEREPS (BASIC)EPS (DILUTED)NAV (₹ PER SHARE)P/E (X)RONW (%)P/BV RATIO
Vama Wovenfab Ltd. · THIS ISSUER30.930.976.850.37
Aeroflex Neu Ltd0.450.3839.08183.181.272.1
Kahan Packaging Ltd4.34.340.544.5311.20.47
PEER GROUP STRUCK AS AT 31 MAR 2026 · AS PUBLISHED FOR THIS ISSUE · NOT LIVE MARKET QUOTES, AND NOT A COMPARISON DRAWN BY BUYUNLISTEDSHARES
THE NOTE PUBLISHED WITH THIS PEER GROUP

Notes: The figures of Vama Wovenfab Limited are based on restated financial statements as restated as on March 31, 2026. Considering the nature and size of business of the Company, the peers are not strictly comparable. However, the same have been included for broad comparison. Current Market Price (CMP) of peer group companies is the closing price as on Aug 20, 2026. The figures for the peer group are based on the standalone audited financials for the year ended on March 31, 2026.

WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Capital Expenditure towards Construction of shed1.36
Capital Expenditure towards Purchase of Machinery7.25
To meet working capital requirements26.5
General Corporate Purposes
INR CR 35.11 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Incorporated in 2011, 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. The product range includes HDPE trampolines, coloured woven fabric sheets, loop handle bags, and other customized woven packaging materials designed as per customer specifications. The company also trades in plastic granules. Vama Wovenfab provides customized bulk packaging solutions to B2B manufacturers across diverse industries and traders. Its manufacturing operations are supported by a well-equipped facility capable of producing woven bags, woven fabrics, and processing recycled materials to optimize resources. The company's manufacturing unit is located at Daman, and its sales network spans four states and two union territories across India as of the financial year 2024-25. Vama Wovenfab's products are used across multiple industries, including agriculture, food and beverages, cement, fertilizers, chemicals, sugar, construction, retail, and bulk packaging & logistics. As of August 31, 2025, the company employs 123 personnel on its payroll.

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta, Nisha Vaibhav Gupta
HOLDING PRE-ISSUE
100%
HOLDING POST-ISSUE
72%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Gretex Corporate Services Ltd.
REGISTRAR TO THE ISSUE
NAME
Maashitla Securities Pvt.Ltd.
PHONE
011-45121795
THE COMPANY
PHONE
+91 89768 50365
REGISTERED OFFICE
1104, W 92, L T Road, Borivali (West), Vazira Naka, Mumbai, Maharashtra, 400092
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Vama Wovenfab IPO price band?+

The indicative price band is ₹324–341 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Vama Wovenfab IPO?+

One lot is 400 shares. At the upper band of ₹341, one lot works out to ₹1,36,400.

When does the Vama Wovenfab IPO open and close?+

The issue opens on 15 Sept 2026 and closes on 17 Sept 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Vama Wovenfab IPO allotment?+

Allotment is scheduled for 18 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When does Vama Wovenfab list?+

Listing is scheduled for 22 Sept 2026 on BSE SME.

Where will Vama Wovenfab be listed?+

Vama Wovenfab is proposed for listing on BSE SME. It is an SME issue, so it trades on the SME platform.

How large is the Vama Wovenfab IPO?+

The issue size is ₹49.54 Cr — a fresh issue of ₹47.06 cr. Figures are indicative and subject to the RHP.

What is the grey market premium (GMP) for the Vama Wovenfab IPO?+

The last GMP we recorded is +₹10 (+2.93%), as at 14 SEPT 2026, 17:30 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.

What listing price does the GMP imply for Vama Wovenfab?+

Adding the last recorded GMP to the upper band gives ₹351. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.

Who is the registrar for the Vama Wovenfab IPO?+

The registrar to the issue is Maashitla Securities Pvt.Ltd. (011-45121795), investor.ipo@maashitla.com.

Where can I check the Vama Wovenfab IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://maashitla.com/allotment-status/public-issues. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Vama Wovenfab IPO?+

The P/E ratio on file for this issue is 11.04, and the post-issue P/E is 15.33, stated as of 31 Mar 2026. A reported ratio is not a view on value.

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PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,850 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,200 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,850 · NATIONAL STOCK EXCHANGE (NSE) ₹1,785 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹246 · BIRA 91 (B9 BEVERAGES LIMITED) ₹76 · ZEPTO ₹32 · ORAVEL STAYS (OYO ROOMS) ₹24 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —