Vama Wovenfab SME IPO GMP Today and Subject 2 Price
Vama Wovenfab SME IPO Grey Market Premium (GMP) today stands at ₹ 0, indicating cautious or neutral market sentiment ahead of listing. The Kostak rate is currently not available, while the Subject to Sauda price is quoted at currently not available. You can check the day-wise GMP trend below to track price movement and investor sentiment over time.
Vama Wovenfab SME IPO is scheduled to open for subscription on September 15, 2026. The public issue aims to raise around ₹49.54 Cr. and is offered in a price band of ₹324 to ₹341 per share, with a market lot of 400 shares. Investors are closely watching subscription data and grey market trends ahead of the listing.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Vama Wovenfab SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 15 Sep, 2026 |
| Close Date | 17 Sep, 2026 |
| Allotment Date | 18 Sep, 2026 |
| Refund Date | 21 Sep, 2026 |
| Credit to Demat | 21 Sep, 2026 |
| Listing Date | 22 Sep, 2026 |
Vama Wovenfab SME IPO Expected Listing Price
| Basis | Value |
|---|---|
| Issue Price (Upper Band) | ₹341 |
| Current GMP | ₹ 0 |
| GMP-Based Listing Estimate | Not yet available |
| Listing Date | 22 Sep, 2026 |
Disclaimer: The listing price estimate above is based purely on the current grey market premium (GMP) and is not a guaranteed prediction. GMP is an unofficial, unregulated indicator and can change significantly in the 24–48 hours before listing. Do not make investment decisions based solely on GMP.
Is Vama Wovenfab SME IPO GMP Reliable?
Grey market premium for Vama Wovenfab SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Vama Wovenfab SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Vama Wovenfab SME IPO IPO Kostak Rate Explained
The Kostak rate for Vama Wovenfab SME IPO is currently not active. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price has not been quoted yet. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Vama Wovenfab SME IPO
Its range covers woven sack bags, coloured woven fabric sheets, loop handle bags, HDPE trampolines and other woven packaging made to a customer's own specification. It also trades in plastic granules, which are the raw material for this kind of manufacturing.
The company supplies customised bulk packaging to business customers across many industries, including agriculture, food and beverages, cement, fertilisers, chemicals, sugar, construction, retail and bulk packaging and logistics. Its manufacturing unit is at Daman and its facility also processes recycled material to make better use of resources. As of FY2024-25 its sales network covered four states and two union territories, with distribution across Maharashtra, Gujarat and Daman.
Strengths & Risks
Strengths
- ✓ Sales have grown extraordinarily fast, from Rs 27.87 crore in FY2024 to Rs 77.76 crore in FY2025 and Rs 214.62 crore in FY2026.
- ✓ Profit has grown from Rs 2.63 crore in FY2024 to Rs 6.84 crore in FY2025 and Rs 11.55 crore in FY2026.
- ✓ EBITDA has more than tripled over the same period, from Rs 5.10 crore to Rs 17.86 crore.
- ✓ Return ratios are very high, with RoNW of 50.37% and RoCE of 31.94%.
- ✓ The issue is priced at about 15.33 times earnings on an EPS of Rs 22.25.
- ✓ Its bags go into many different industries, from agriculture and food to cement, fertilisers, chemicals and construction, so demand is not tied to one sector.
- ✓ The facility processes recycled material alongside fresh polymer, which helps on both cost and sustainability.
- ✓ The whole issue is fresh capital, with Rs 8.61 crore going into a new shed and machinery and Rs 26.50 crore into working capital.
Risks
- ⚠ The growth is extremely fast and from a very small base. Sales went up nearly eight times in two years, from Rs 27.87 crore to Rs 214.62 crore, which is difficult to sustain and should be understood from the RHP.
- ⚠ The profit margin is thin at 5.38%. Sales of Rs 214.62 crore produced only Rs 11.55 crore of profit.
- ⚠ Borrowing was Rs 25.44 crore against a net worth of Rs 28.69 crore, a debt to equity ratio of 0.89, and it has more than doubled in two years.
- ⚠ A part of the revenue comes from trading plastic granules rather than manufacturing, which earns a lower margin.
- ⚠ Woven sacks are close to a commodity product where buyers switch on price, and there are many manufacturers in this trade.
- ⚠ The sales network is narrow, covering four states and two union territories as of FY2024-25.
- ⚠ The whole business runs from a single unit at Daman, so there is single location risk.
- ⚠ The raw material is polymer, whose price follows crude oil.
- ⚠ Promoter holding will come down from 100% to 72% after the issue.
- ⚠ This is an SME issue. One lot is 400 shares, which is about Rs 1.36 lakh at the upper band of Rs 341, and SME shares usually trade in low volume after listing.
Frequently Asked Questions about Vama Wovenfab SME IPO
What is the GMP of Vama Wovenfab SME IPO?
The current Grey Market Premium (GMP) of Vama Wovenfab SME IPO is not yet started or active in the market.
What is the Kostak Price of Vama Wovenfab SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Vama Wovenfab SME IPO is currently not available.
What is the Subject to Sauda Price of Vama Wovenfab SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What is the expected listing price of Vama Wovenfab SME IPO based on GMP?
The listing price estimate is not yet available as GMP has not been established for Vama Wovenfab SME IPO. Check back closer to the subscription date.
Is the GMP of Vama Wovenfab SME IPO increasing or decreasing?
The GMP of Vama Wovenfab SME IPO is currently stable. Track the day-wise GMP table above for the latest movement.
Explore Vama Wovenfab SME IPO Further
For a complete picture before making your investment decision, explore these resources:
