Vama Wovenfab Limited
smelistedAbout the company
Incorporated in 2011, Vama Wovenfab manufactures and sells polypropylene and high-density polyethylene woven bags and fabrics and trades in plastic granules. It supplies customised bulk packaging to manufacturers and traders through a business-to-business (B-to-B) model. The company’s products include PP and HDPE bags, BOPP bags, loop-handle bags and woven fabric sheets, serving agriculture, food processing, fertilisers, chemicals, cement and other packaging applications. Vama Wovenfab operates a manufacturing unit at Bhimpore, Nani Daman. The integrated process converts plastic granules into tapes, weaves them into fabric and processes fabric into bags. In FY26, installed capacity was 86.40 lakh kg for tape extrusion and 44.71 lakh kg for weaving, with utilisation of 42% and 82%, respectively. Automated and manual bag-making capacity each operated at 26% utilisation. Trading contributed 61.3% of revenue, compared with 29.1% in FY25. Manufactured products contributed 38.5%: woven fabrics generated 20.6%, and woven bags 17.9%. Daman and Diu and Dadra and Nagar Haveli contributed 47.9%, Maharashtra 39.6% and Gujarat 12.4% of revenue. The company generated revenue from 64 customers in FY26; the largest customer contributed 63.6%, and the top ten accounted for 96.8%. The largest supplier represented 68.4% of total raw-material and traded-goods purchases.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 16 Sep | ₹70 | ₹411 | +40 |
| 15 Sep | ₹30 | ₹371 | +20 |
| 14 Sep | ₹10 | ₹351 | +10 |
| 13 Sep | ₹0 | ₹341 | 0 |
| 12 Sep | ₹0 | ₹341 | 0 |
| 11 Sep | ₹0 | ₹341 | 0 |
| 10 Sep | ₹0 | ₹341 | 0 |
Strengths
- Diversified product portfolio covering woven sacks, HDPE trampolines, coloured woven fabric sheets and loop-handle bags.
- Serves customers across agriculture, food and beverages, cement, fertilisers, chemicals, sugar and construction industries.
- Long-term customer relationships and strong understanding of customer requirements support repeat business.
- Manufacturing facility supports processing of both virgin and recycled polymer materials, helping optimise resource utilisation.
- Experienced workforce and focus on continuous product and process improvement strengthen its manufacturing capabilities.
Risks
- The business is exposed to volatility in polypropylene and polyethylene resin prices, which are influenced by crude oil prices.
- Rapid recent growth may be difficult to sustain at the same pace going forward.
- Working-capital-intensive operations can put pressure on cash flows and liquidity.
- Borrowings have increased, while profitability margins have faced pressure, creating a need to monitor leverage and financial performance.
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed15 Sept 2026Bidding starts for all investor categories
IPO Closes
Completed17 Sept 2026Last day to place your bid
Basis of Allotment
Completed18 Sept 2026Share allotment finalised
Refund Initiation
Completed21 Sept 2026Refunds credited for non-allottees
Credit to Demat
Completed21 Sept 2026Allotted shares credited to demat account
Listing on Exchange
Completed22 Sept 2026Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 400 | ₹136,400 | 1 | ₹136,400 | 1 lot only |
| HNI | 2 | 800 | ₹272,800 | 2 | ₹272,800 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 751,880 | 25 | 0 | 0.00x | 100% |
| NII | 15% | 225,564 | 7.5 | 0 | 0.00x | 100% |
| Retail | 35% | 526,316 | 17.5 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
