IPO profile
Vedant Poly Fabs Limited
VPFL · NSE
- Price band
- ₹88
- Subscription
- 1.85x
IPO at a Glance
Vedant Poly Fabs Limited is an SME IPO (NSE) at a fixed price of ₹88 per share, raising about ₹57 crore.
One lot is 1200 shares, so the minimum application is about ₹1,05,600.
Bidding closed on 4 Nov 2026. Allotment was scheduled for 5 Nov 2026 and listing for 9 Nov 2026.
It was subscribed 1.85x overall.
The latest grey market premium, quoted on 5 Nov 2026, is ₹1 (+1.14%). GMP is unofficial and can change quickly.
Written automatically from the figures on this page. Each section below shows its source and update time.
Application & Issue Details
- Minimum Quantity
- 1200 shares
- Minimum Application
- ₹1,05,600
- Issue Size
- ₹57 Cr
- Face Value
- Not available
- Issue Price
- ₹88
Company Overview
Vedant Poly Fabs is engaged in the manufacturing of polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics, woven sacks, bags, and flexible intermediate bulk containers. The company produces unlaminated and laminated fabrics, liner-inserted bags, and customized industrial packaging solutions designed for secure storage and transportation. It caters to several key end-user industries including agriculture, agrochemicals, fertilizers, industrial chemicals, cement, food grains, and sugar. The company generates revenue primarily from the domestic sale and direct supply of finished polymer-based packaging materials, woven fabrics, and industrial bags. Operating integrated extrusion, circular weaving, lamination, cutting, and stitching infrastructure, it processes polymer granules into durable packaging products tailored to specific customer dimensions, tensile strength, and multi-color printing specifications. Its facility enables continuous production, quality monitoring, and high-volume order fulfillment across standard and heavy-duty industrial applications to meet the operational requirements of institutional and commercial clients.
Summary supplied by our IPO data provider (IPO Alert). The offer document (RHP) is the authoritative description of the company.
Important Dates
- Open Date
- 2 Nov 2026
- Close Date
- 4 Nov 2026
- Allotment Date
- 5 Nov 2026
- Listing Date
- 9 Nov 2026
Allotment Status
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Grey Market Premium (GMP)
- Latest GMP
- +₹1
- GMP %
- +1.14%
- Quoted on
- 5 Nov 2026, 5:30 am
- GMP source
- IPO Alert
As of 5 Nov
GMP history (6 stored records)
| Quoted on | Stored | GMP | GMP % | Est. listing |
|---|---|---|---|---|
| 5 Nov 2026, 5:30 am | 5 Nov 2026, 8:08 pm | +₹1 | +1.14% | ₹89 |
| 4 Nov 2026, 5:30 am | 4 Nov 2026, 8:08 pm | +₹5.38 | +6.11% | ₹93.38 |
| 3 Nov 2026, 5:30 am | 3 Nov 2026, 8:08 pm | +₹14.39 | +16.35% | ₹102.39 |
| 2 Nov 2026, 5:30 am | 2 Nov 2026, 8:08 pm | +₹15 | +17.05% | ₹103 |
| 1 Nov 2026, 5:30 am | 1 Nov 2026, 8:08 pm | +₹5 | +5.68% | ₹93 |
| 31 Oct 2026, 5:30 am | 31 Oct 2026, 8:08 pm | +₹4.45 | +5.06% | ₹92.45 |
Grey Market Premium (GMP) is unofficial and indicative. Actual listing price may differ.
Indicative Listing Estimate
- Est. Listing Price
- ₹89
- Est. Gain/Loss Per Share
- +₹1
- Est. Gain/Loss Per Lot
- +₹1,200
- Calculated On
- ₹88
Estimated listing price = issue price + GMP. Per-lot figures use 1200 shares per lot. Indicative only: not a guaranteed listing price or profit, and excludes brokerage, taxes and charges.
Subscription
- Total subscribed
- 1.85x
Updated 4 Nov 2026, 7:00 pm · source: NSE official total (category figures not published for SME issues)
Day-wise subscription (times)
| Date | Total |
|---|---|
| 2 Nov (Day 1) | 0.39 |
| 3 Nov (Day 2) | 0.87 |
| 4 Nov (Day 3) | 1.85 |
Each day shows the last figures NSE published that day (Day 3: 4 Nov 2026, 7:00 pm).
Company Strengths & Risks
Reported strengths
- Established presence in polypropylene and polymer packaging manufacturing.
- Integrated manufacturing setup covering extrusion, weaving, and printing.
- Diversified customer base spanning agriculture, chemicals, and cement.
- Strict internal quality control standards and tailored client specifications.
- Experienced promoter and senior management team with industry track record.
Key risks
- Business depends on continuous supply of polymer granules at stable prices.
- Company derives significant revenue from a limited group of major customers.
- Operational success relies on proposed expansion financed via fresh issue proceeds.
- Working capital requirements are substantial and subject to customer payment cycles.
- Manufacturing operations are concentrated in a single production facility.
Strengths and risks are summaries supplied by our IPO data provider (IPO Alert), not IPONexa's opinion. Review the offer document for the complete risk factors.
Documents & Coverage
Sources: IPO details from IPO Alert, updated 5 Nov 2026, 8:08 pm IST · GMP: IPO Alert · subscription: NSE official total (category figures not published for SME issues). About our data
Understand these numbers
- What is IPO GMP?Why GMP is unofficial and how the estimate is calculated.
- Subscription explainedQIB, NII and retail figures, and why BSE + NSE are combined.
- How allotment worksThe T+3 timeline, the retail lottery and where to check status.
- Listing gain calculationEstimated vs actual listing gain, and why real profit differs.
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP is unofficial, and estimates are not guaranteed returns. Subscription and other figures may change or be delayed. Please make your own independent decision. Disclaimer