Vama Wovenfab came to market through an SME IPO that opened on 15 September 2026 and closed on 17 September 2026, and the shares listed on 22 September 2026 on BSE SME. The price band was ₹324 to ₹341 per share and one lot was 400 shares, so the minimum application was ₹1,36,400. The issue size was ₹49.54 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹341, flat against the issue price of ₹341. Maashitla Securities Pvt.Ltd. was the registrar to the issue, and Gretex Corporate Services Ltd was the lead manager.
As of 17 September 2026.
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Overall the issue was subscribed 2.72 times.
Vama Wovenfab Limited was incorporated in March 2011 and is an ISO 9001:2015 certified manufacturer of PP and HDPE woven sack bags and fabric-based packaging products. The Company also deals in plastic granules and offers customized bulk packaging solutions to B2B clients operating in agriculture, food processing, chemicals, fertilizers, sugar and cement segments.
The range of Company's products consists of PP/HDPE woven bags and fabrics, BOPP bags, HDPE trampoline sheets, coloured woven fabric sheets and loop handle bags of various sizes, weights and colours based on customer's preferences. The production cycle of the Company comprises melting and extruding of plastic granules to tapes, weaving of tapes into fabric and turning of the fabric into customized finished bags.
The Company also makes use of recycled granules and additives for improving the quality of the products. The production facility of the Company is located in Nani Daman, Daman where the production of PP/HDPE woven sack bags and fabrics was launched in 2013. As of April 30, 2026, the number of the Company's employees was 94, of which 85 were employees in operations.
As described in the offer document.
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Suresh Mohanlal Gupta, Vaibhav Suresh Gupta, Saurabh Suresh Gupta, Nisha Vaibhav Gupta. Promoter holding 100% before the issue and 72% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Vama Wovenfab IPO was a ₹49.54 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹324–₹341 per share with a lot size of 400 shares; the minimum retail application was 800 shares (₹2,72,800). The IPO was open from September 15 to September 17, 2026 and was subscribed 2.72x. Shares listed on BSE SME on September 22, 2026 at ₹341, in line with the issue price of ₹341. Maashitla Securities Pvt. Ltd. is the registrar.
Gretex Corporate Services Ltd. is the book running lead manager.
The price band of Vama Wovenfab IPO is ₹324 to ₹341 per share.
The lot size of Vama Wovenfab IPO is 400 shares.
The minimum investment for Vama Wovenfab IPO is approximately ₹2,72,800 based on the upper price band.
The allotment date of Vama Wovenfab IPO is Sep 18, 2026.
You can check Vama Wovenfab IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vama Wovenfab IPO allotment status on Rupix for quick and easy access.
₹324 to ₹341 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 400 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,36,400. After listing, SME shares also trade in lots rather than one share at a time.
₹1,36,400, for one lot of 400 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 15 September 2026 and closed on 17 September 2026.
The basis of allotment was published on 18 September 2026 by Maashitla Securities Pvt.Ltd., and allotted shares were credited to demat accounts before listing.
The shares listed on 22 September 2026 on BSE SME, opening at ₹341.
The issue size was ₹49.54 crore. The fresh issue was 14,52,800 shares (aggregating up to ₹49.54 crore).
It listed at ₹341 against an issue price of ₹341, a gain of 0 percent on listing day.