Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Vedant Poly Fabs Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on June 5, 2026 to raise funds through Initial Public Offer (IPO).
Vedant Poly Fabs Ltd. IPO is a Book Build Issue of 0.61 crore equity shares consisting of a fresh issue of upto 0.55 crore equity shares and an offer for sale (OFS) of upto 0.06 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vedant Poly Fabs IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 60,57,600 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 54,51,840 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 6,05,760 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,47,25,214 shares |
| Share Holding Post Issue | 2,01,77,054 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Jun 5, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15.00% of the Net Offer |
Vedant Poly Fabs Limited was incorporated in December 2018 and is engaged in the manufacturing of flexible packaging materials for businesses across India. The company operates as a B2B supplier and offers a diverse range of packaging products, including 3-layer and 5-layer LD films, shrink films, barrier films, printed laminates, and milk and oil pouches, catering to industries such as food & beverages and other consumer goods.
Since commencing operations, the company has expanded its product portfolio, strengthened its manufacturing capabilities, and established dedicated teams across sales, design, production, logistics, and dispatch. In March 2026, it further enhanced its manufacturing capacity by adding lamination, slitting, and pouching machines, while also installing a reprocessing unit to improve resource utilization and recycle manufacturing waste.
The company follows an integrated manufacturing process covering raw material procurement, film extrusion, printing, lamination, slitting, quality control, packing, and dispatch. As of March 31, 2026, Vedant Poly Fabs had a workforce of 72 employees, including 41 permanent and 31 contractual employees, supporting its manufacturing and business operations.
Strengths
Vedant Poly Fabs Ltd.'s revenue increased by 41% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 97.80 | 55.40 | 18.88 |
| Total Income | 115.31 | 81.58 | 49.73 |
| Profit After Tax | 10.97 | 4.56 | 0.64 |
| EBITDA | 19.18 | 8.30 | 1.48 |
| NET Worth | 42.26 | 15.42 | 3.86 |
| Reserves and Surplus | 27.53 | 4.57 | 3.75 |
| Total Borrowing | 46.82 | 13.32 | 6.35 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|
| RFBL Flexi Pack Ltd. | SME | ₹35.33 Cr | ₹50 | ₹55.10 | +10.20% | ₹76.80 (+4.99%) |
| Ecoline Exim Ltd. | SME | ₹76.42 Cr | ₹141 | ₹140.50 | -0.35% | ₹176.85 (+0.74%) |
| Jyoti Global Plast Ltd. | SME | ₹35.44 Cr | ₹66 | ₹65.80 | -0.30% | ₹39.00 (-2.50%) |
| GLEN Industries Ltd. | SME | ₹62.94 Cr | ₹97 | ₹152.37 | +57.08% | ₹65.60 (-5.17%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 17.59 |
| 2 | Prepayment or Repayment of all or a portion of certain secured or/and unsecured outstanding borrowings availed by the company | 8.00 |
| 3 | Funding Capital Expenditure for purchase and installation of Plant and Machinery at its existing manufacturing facility | 6.51 |
| 4 | General Corporate Purposes | |
| 5 | To meet the offer related expenses | |
| Total | 32.11 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 38.03% |
| ROCE | 46.34% |
| Debt/Equity | 1.11 |
| RoNW | 25.95% |
| PAT Margin | 9.52% |
| EBITDA Margin | 16.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.45 | 5.43 |
| Promoter Holding | 100% |
Lead Manager Reports
Vedant Poly Fabs IPO is a SME IPO of 60,57,600 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Vedant Poly Fabs IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Vedant Poly Fabs IPO using UPI as a payment gateway. Zerodha customers can apply in Vedant Poly Fabs IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vedant Poly Fabs IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vedant Poly Fabs IPO dates are not announced. Please check back again after some time.
Vedant Poly Fabs IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Vedant Poly Fabs IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vedant Poly Fabs IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vedant Poly Fabs IPO allotment status.
The Vedant Poly Fabs IPO listing date is not yet announced. The tentative date of listing is .