Vedant Poly Fabs Ltd. logo

Vedant Poly Fabs Ltd. IPO Details

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

Bidding Dates
02 Nov 2026 - 04 Nov 2026
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹211,2002212006.0 M₹88 - ₹9470.08 %₹530.6 M - ₹566.8 MRHP 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

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

Vedant Poly Fabs IMPORTANT IPO DATES

Issue Open Date02 Nov 2026
Issue close Date04 Nov 2026
Allotment Date05 Nov 2026
Refund Date06 Nov 2026
Demat Account Credit Date06 Nov 2026
Listing Date09 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

Total6.0 M
Fresh Issue5.4 M
Offer for Sale603.6 K
Post Issue Promoter Holding %70.08 %

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

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Vedant Poly Fabs Ltd.94189.417.30.11.62611.2115.341.411137.35.4137.3
Garware Hi-Tech Films Ltd.6974.516203.4381.16.812.711.221851338.22.1183.436.2
EPL Ltd.216.76953.917.9-9.71.413.67.94806.512.9388.98.312.1-1.8
AGI Greenpac Ltd.641.24148.111.856.71.514.69.92760.46351.79.154.50.2
Uflex Ltd.567.54098600.23.91.4155132.1317.1122.894.5128.3
TCPL Packaging Ltd.4401.44005.334.7-2.62.113.65.71835.62.997.8-31.6126.9-13.6

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

NameDesignation
Pankaj Kumar MaheshwariChairman & Managing Director
Sujata MaheshwariWhole Time Director
Sunil BihaniExecutive Director
Ravi TodiNon-Executive & Independent Director
Puja ShawNon-Executive & Independent Director
Shikha GuptaNon-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

Strength

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

Strength

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

Strength

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

Risk

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

Risk

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

Risk

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.