The Vedant Poly Fabs SME IPO is open for applications until 4 November 2026, with listing expected on 9 November 2026 on the NSE. The price band is ₹88 to ₹94 per share and one lot is 1200 shares, so the minimum application is ₹1,12,800. The issue size is ₹56.68 crore. It combines a fresh issue of new shares with an offer for sale by existing shareholders. Cameo Corporate Services Ltd.
is the registrar to the issue, and Affinity Global Capital Market Pvt.Ltd is the lead manager.
The issue was subscribed 0.75 times overall.
Vedant Poly Fabs Limited was incorporated in December 2018 and produces flexible packaging materials for commercial firms operating throughout India. Vedant Poly Fabs Limited functions as a B2B supplier, and the product line includes 3-layer and 5-layer LD films, shrink films, barrier films, printed laminates, milk and oil pouches, targeting industries like food & beverages and other consumer goods.
After setting up its operations, the company has added new products, enhanced production capabilities, and formed separate teams for sales, design, production, logistics, and dispatch operations. In March 2026, the company increased manufacturing capabilities by installing additional machinery, namely, lamination, slitting, and pouching machines, and also established a reprocessing unit that helps in effective use of resources and recycling of manufacturing waste.
The entire manufacturing process at the company encompasses acquisition of raw materials, film extrusion, printing, lamination, slitting, quality control, packing, and dispatching. On June 30, 2026, the number of employees in the manufacturing operations and office operations of the Company was 61, consisting of Directors, Key Managerial Personnel, and Senior Managerial Personnel managing the activities of the business.
As described in the offer document.
Pankaj Kumar Maheshwari, Sujata Maheshwari, Sethsawaria Poly Fab LLP.
Work out the listing gain for this SME IPO
Applications are made through ASBA, where the money is blocked in your own bank account rather than paid, or through a UPI mandate for applications up to five lakh rupees. Through your broker's app, choose the issue, the number of lots and the price; bid at the cut-off price so that the application is valid whatever price the issuer finally fixes; and approve the UPI mandate that arrives from your bank.
Through net banking, the ASBA form in your bank's IPO section does the same without a broker. One application per PAN counts; a second application in the same name is rejected, though applications in family members' names with their own PANs and demat accounts are separate.
Retail applications are capped at two lakh rupees; above that you apply as a non-institutional investor, where allotment is proportionate rather than by lottery. The money stays in your account and earns interest until allotment, and the block is released on the allotment date if you receive nothing.
The expected listing premium, usually called the grey market premium, is the amount per share that unofficial dealers are quoting for the issue before it lists. It is a sentiment reading, not a price you can transact at, and it is not regulated by SEBI or the exchanges. It moves through the day, usually tracks subscription, and often changes sharply in the final hours before listing.
Rupix records every observation and shows the trend, as a percentage of the top of the price band so that issues of different sizes can be compared. It is one input, alongside subscription, the company's financials and the valuation the issue asks for, and it does not predict the listing price.
₹88 to ₹94 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 is valid whatever price the issuer finally fixes.
One lot is 1200 shares, and every application is a whole number of lots. At the top of the band that makes the minimum application ₹1,12,800. After listing, SME shares also trade in lots rather than one share at a time.
₹1,12,800, for one lot of 1200 shares at the top of the price band. The amount is blocked in your bank account through ASBA or a UPI mandate while the issue is open, and released on the allotment date if you are not allotted shares.
It opened on 2 November 2026 and closes on 4 November 2026. Applications are accepted through broker apps and net banking until the close on the last day.
The basis of allotment is due on 5 November 2026. The registrar, Cameo Corporate Services Ltd., publishes allotment status searchable by PAN, and the shares are credited to successful applicants' demat accounts the day before listing.
The shares are due to list on 9 November 2026 on the NSE. Trading begins after the special pre-open session on listing morning, in which the opening price is discovered.
The issue size is ₹56.68 crore. The fresh issue is 54,26,400 shares (aggregating up to ₹51.01 crore). The offer for sale is 6,03,600 shares (aggregating up to ₹5.67 crore).
On the registrar's website at https://ipo.cameoindia.com/, by PAN, application number or demat account, once the basis of allotment is published on 5 November 2026. The Rupix app can also check it by PAN.
Through your broker's app with a UPI mandate, or through your bank's net banking using ASBA. Bid at the cut-off price, approve the mandate, and the money stays blocked in your account until allotment. Rupix does not take applications.