- POSITIVE
Annual Revenue Vedant Poly Fabs Mar-2026 Annual Revenue is Rs 115 Cr which is growth of 41.4% YoY.
- POSITIVE
Annual Net Profit Vedant Poly Fabs Mar-2026 Annual Net Profit is Rs 11 Cr which is growth of 137.3% YoY.
Market Cap
Above industry Median
PE TTM
Above industry Median
PEG TTM
Price to Book
High in industry
Beta 1Year
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹211,200 | 2 | 2 | 1200 | 6.0 M | ₹88 - ₹94 | 70.08 % | ₹530.6 M - ₹566.8 M | RHP DOC |
Vedant Poly Fabs issue details
Vedant Poly Fabs has 6.0 M shares on offer
Vedant Poly Fabs IPO offer price is in the range ₹88 - ₹94
Vedant Poly Fabs IPO minimum Investment is ₹211200
Vedant Poly Fabs IPO issue size is ₹ 530.6 M - ₹ 566.8 M
Vedant Poly Fabs has a minimum lot size of 1200 Shares per application
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Vedant Poly Fabs IMPORTANT IPO DATES
| Issue Open Date | 02 Nov 2026 |
| Issue close Date | 04 Nov 2026 |
| Allotment Date | 05 Nov 2026 |
| Refund Date | 06 Nov 2026 |
| Demat Account Credit Date | 06 Nov 2026 |
| Listing Date | 09 Nov 2026 |
| Listing on Exchange(s) | NSE |
Vedant Poly Fabs IPO subscription opens on 02 Nov 2026, and closes on 04 Nov 2026
IPO allotment for Vedant Poly Fabs is expected to be finalized on Thursday, 05 Nov 2026
IPO listing for Vedant Poly Fabs will be on NSE on Monday, 09 Nov 2026
Vedant Poly Fabs NUMBER OF SHARES ON OFFER
Vedant Poly Fabs FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY27 | 30.3 | 3.5 | 0.2 | -4.1 | 21.8% |
| FY26 | 115.1 | 11.0 | -11.5 | -38.3 | 16.5% |
| FY25 | 81.0 | 4.6 | -5.7 | -8.9 | 9.6% |
| FY24 | 49.5 | 0.6 | -3.5 | -5.5 | 2.6% |
Vedant Poly Fabs Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vedant Poly Fabs Ltd. | 94 | 189.4 | 17.3 | 0.1 | 1.6 | 26 | 11.2 | 115.3 | 41.4 | 11 | 137.3 | 5.4 | 137.3 |
| Garware Hi-Tech Films Ltd. | 6974.5 | 16203.4 | 38 | 1.1 | 6.8 | 12.7 | 11.2 | 2185 | 1 | 338.2 | 2.1 | 183.4 | 36.2 |
| EPL Ltd. | 216.7 | 6953.9 | 17.9 | -9.7 | 1.4 | 13.6 | 7.9 | 4806.5 | 12.9 | 388.9 | 8.3 | 12.1 | -1.8 |
| AGI Greenpac Ltd. | 641.2 | 4148.1 | 11.8 | 56.7 | 1.5 | 14.6 | 9.9 | 2760.4 | 6 | 351.7 | 9.1 | 54.5 | 0.2 |
| Uflex Ltd. | 567.5 | 4098 | 6 | 0 | 0.2 | 3.9 | 1.4 | 15513 | 2.1 | 317.1 | 122.8 | 94.5 | 128.3 |
| TCPL Packaging Ltd. | 4401.4 | 4005.3 | 34.7 | -2.6 | 2.1 | 13.6 | 5.7 | 1835.6 | 2.9 | 97.8 | -31.6 | 126.9 | -13.6 |
Vedant Poly Fabs annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 |
|---|---|---|---|---|---|---|---|
92.4% | 115.3 | 81.6 | 49.7 | 16.2 | 22.4 | ||
Operating Exp. Ann. | 83.1% | 95.8 | 73.1 | 48.2 | 15.6 | 21.7 | |
Operating Profit Ann. | 218% | 19.3 | 7.9 | 1.4 | 0.6 | 0.7 | |
OPM Ann. % | 69.8% | 16.74% | 9.69% | 2.74% | 3.42% | 3.01% | |
85.3% | 100.6 | 75 | 48.9 | 15.8 | 21.7 | ||
EBITDA Ann. | 219.1% | 19.5 | 8.5 | 1.6 | 0.6 | 0.7 | |
EBITDA Ann. margin % | 65% | 16.89% | 10.37% | 3.13% | 3.76% | 3.17% | |
Interest Ann. | 180.2% | 2.2 | 1.2 | 0.4 | 0.1 | ||
Depr. | 196.2% | 2.6 | 0.7 | 0.3 | 0.1 | 0 | |
PBT Ann. | 232.5% | 14.7 | 6.6 | 0.9 | 0.4 | 0.7 | |
Tax Ann. | 236.2% | 3.8 | 2 | 0.2 | 0.1 | 0.2 | |
232.2% | 11 | 4.6 | 0.7 | 0.3 | 0.5 | ||
Net Profit Ann. | 232.2% | 11 | 4.6 | 0.7 | 0.3 | 0.5 | |
NPM Ann. % | 67.1% | 9.52% | 5.70% | 1.37% | 2.04% | 2.25% | |
EPS Adj. latest Ann. | 200% | 5.4 | 2.3 | 0.3 | 0.2 | 0.3 |
Vedant Poly Fabs INFORMATION ON IPO ISSUE
About Vedant Poly Fabs
Vectras Enprocon was incorporated on December 10, 2018. The company is engaged in the manufacturing of flexible packaging materials and operate as a business-to-business (B2B) supplier to customers across India
Object of the Issue
- To meet the working capital requirements
- Prepayment or Repayment of all or a portion of certain secured or/and unsecured outstanding borrowings availed by the company
- Funding capital expenditure for purchase and installation of plant and machinery at its existing manufacturing facility
- General corporate purpose
- To meet the offer expenses
Vedant Poly Fabs - PROMOTERS
| Name |
|---|
| Pankaj Kumar Maheshwari |
| Sujata Maheshwari |
| Sethsawaria Poly Fab LLP |
Vedant Poly Fabs - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Pankaj Kumar Maheshwari | Chairman & Managing Director |
| Sujata Maheshwari | Whole Time Director |
| Sunil Bihani | Executive Director |
| Ravi Todi | Non-Executive & Independent Director |
| Puja Shaw | Non-Executive & Independent Director |
| Shikha Gupta | Non-Executive & Independent Director |
Vedant Poly Fabs Book Running Lead Manager
Affinity Global Capital Market Private Limited
compliance@affinityglobalcap.in
Vedant Poly Fabs Registrar to the Offer
Cameo Corporate Services Limited
priya@cameoindia.com
Vedant Poly Fabs Strengths
Integrated manufacturing operations
The company carries out film extrusion, printing, lamination, slitting and rewinding at its in-house facility. This integrated setup enables better coordination, material flow, quality control and production planning to meet customer requirements
Quality control
The company operates an in-house laboratory equipped with testing instruments to assess product quality and performance. Quality checks are conducted at various manufacturing stages on semi-finished and finished products to ensure compliance with internal standards and industry requirements
Diversified product portfolio
The company manufactures flexible packaging products, including multilayer LD films, printed laminates and pouches for food, beverages and other consumer products. Its diverse portfolio and customised product development help meet varied customer requirements and reduce dependence on any single product category
Vedant Poly Fabs Risks
Regulatory risks
The company’s flexible packaging operations are subject to environmental regulations concerning plastic usage, recycling and waste management. Any stricter regulations or non-compliance may increase costs, affect product demand and adversely impact its manufacturing operations, financial condition and results
Packaging preferences risks
The company’s product demand may be affected by changing consumer preferences, sustainability concerns and environmental regulations promoting alternative packaging materials. Any shift towards eco-friendly alternatives or restrictions on plastic packaging may reduce demand and adversely affect its business, financial condition and results of operations
Competition & pricing pressure
The company faces competition from numerous unorganised and small-scale players that may offer similar products at lower prices due to lower overhead costs and limited regulatory compliance. This pricing pressure may affect the company’s market position, revenue, profit margins and overall financial performance
IPO FAQs
This IPO consists of an offer for sale of up to Rs 5.7 crore, of 603,600 shares. It also consists of a fresh issue of Rs 51.0 crore.
The promoters of the company are Pankaj Kumar Maheshwari, Sujata Maheshwari and Sethsawaria Poly Fab LLP.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 88.0 - 94.0.
The IPO application opens on Nov 02, 2026 and closes on Nov 04, 2026.
The minimum lot size for the IPO is 2400. The maximum lot size for the IPO is 2400.
For all category investors, the minimum application amount for this IPO is Rs. 211,200.0, the maximum value for this IPO is Rs 225,600.0.
This IPO will be allotted on Nov 05, 2026.
The refund will be credited to your account on Nov 06, 2026.
The allotted shares will be credited to your demat on Nov 06, 2026.
Vedant Poly Fabs Ltd.’s shares will list on the stock exchanges on Nov 09, 2026.
