Vedant Poly Fabs
LIVEIPO Date: 2 Nov - 4 Nov 2026
Listing Date: 9 Nov 2026
Price Range
₹88 to ₹94
Issue Size
57 Cr
Min Investment
₹1,05,600
Min Application
1200 Shares
Schedule of Vedant Poly Fabs
Issue open date
2 Nov 2026
Issue close date
4 Nov 2026
UPI mandate deadline
4 Nov 2026 (5 PM)
Allotment finalization
5 Nov 2026
Share credit
6 Nov 2026
Listing date
9 Nov 2026
Mandate end date
19 Nov 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 57 Cr |
| Fresh Issue | 54.26 Cr |
| Offer for Sale | 6.04 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 5 Nov 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 2 Nov 2026Latest | ₹94 | ₹15 | ₹109(+15.96%) |
| 1 Nov 2026 | ₹94 | ₹15 | ₹109(+15.96%) |
| 31 Oct 2026 | ₹94 | ₹5 | ₹99(+5.32%) |
Performance Vedant Poly Fabs
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹88 to ₹94 | .... | .... | .... |
About Vedant Poly Fabs
Vedant Poly Fabs Limited is a West Bengal-based manufacturer of flexible packaging materials, catering to business-to-business (B2B) customers across India. Its product portfolio includes multilayer LDPE films, shrink films, barrier films, printed laminates, milk and oil pouches, and other customized plastic packaging products. The company operates an integrated manufacturing facility in Barasat, West Bengal, equipped with extrusion, printing, lamination, slitting, and pouching machinery. Its products serve food and beverage, agriculture, chemicals, fertilizers, cement, and other industrial sectors. The company also provides customized packaging solutions with different material compositions, dimensions, thicknesses, and printing specifications.
| Founded in | 2018 |
| Managing director | Pankaj Kumar Maheshwari |
| Parent organization |
Financial Overview
Strengths
4- 1
Integrated Manufacturing Operations. In-house extrusion, printing, lamination, slitting, and pouching facilities provide control over production processes and product quality.
- 2
Diversified Product Portfolio. Manufactures multiple flexible packaging products, including multilayer films, printed laminates, shrink films, and customized packaging materials for different industries.
- 3
Established Customer Relationships. The company has developed relationships with customers across food, beverages, agriculture, chemicals, and industrial packaging sectors.
- 4
In-House Quality Control and Logistics. Its manufacturing facility has quality-testing infrastructure and an in-house transportation fleet, supporting product monitoring and timely deliveries.
Risks
4- 1
High Supplier Concentration. The top 10 suppliers contributed approximately 90.16% of total purchases in FY2026, creating significant dependence on a limited supplier base.
- 2
Customer Concentration. The top 10 customers contributed approximately 69.44% of FY2026 revenue, exposing the company to potential revenue losses if major customers reduce or discontinue orders.
- 3
Raw Material Price Volatility. Dependence on LDPE plastic granules, metallocene plastic granules, and polyester films exposes production costs and profit margins to fluctuations in raw material prices.
- 4
Geographical Concentration. Approximately 96.80% of FY2026 revenue came from West Bengal, making the business highly dependent on one geographical market.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 0.83 |
| Retail Individual Investors (RIIs) | 0.14 |
| Employee | N/A |
| Total | 0.42 |