Figures last updated 3 Nov 2026, 12:00 AM IST · How we work · Report an error

Vedant Poly Fabs Limited

SME IPOOpenFlexible Packaging

Price band₹88 – ₹94per share · face value ₹10

Minimum investment₹1,05,6001 lot · 1200 shares at lower band

IPO dates2 Nov – 4 NovCloses 4 Nov, 5:00 PM

GMP UNOFFICIAL₹15▲ +15.96%Est. listing price ₹109Subscription PUBLIC0.42xNot fully subscribedDay 1 so far · as of 6:30 PM, 2 Nov 2026

Reviewed by our team. This analysis was prepared from the offer document on 28 Oct 2026. Figures can contain errors; check them against the offer document before relying on them. It is information, not investment advice.

Valuation

At the upper price band of ₹94

INVESTORTRACK ANALYSIS

P/E (FY26 EPS)9.4x8.8x at lower band

P/B3.3xBook value ₹28.7 / share

EPS (FY26)₹10.0FY25: ₹4.2

Market cap₹189.88 CrPost-issue, at ₹94

Issue valuation29.9%Issue size ÷ market cap

Vedant Poly Fabs Limited peer comparison

From the offer document’s own listed-peer table

OFFICIAL IPO DATA

Comparison with listed industry peers: EPS, NAV, P/E, RoNW and revenue
Company	EPS basic	EPS diluted	NAV	P/E	RoNW	Revenue (₹ Cr)
Vedant Poly Fabs LimitedThis IPOFinancial statements · Restated	₹10.0	₹10.0	₹28.7	9.4x	25.9%	₹115.14
B&A Packaging India LimitedFinancial statements · Standalone	₹14.2	₹14.2	₹180.2	12.3x	7.9%	₹142.19
Barflex Polyfilms Limited

The price band and offer price are currently not announced and are printed as [●] in the Draft Red Herring Prospectus, so no valuation comparison against peers can be made.

Vedant Poly Fabs IPO in context

How the size of this issue compares with every IPO in our archive

INVESTORTRACK ANALYSIS

How big the issue is

At ₹57 Cr, Vedant Poly Fabs is a larger issue than 78% of the 202 SME IPOs in our archive that state an issue size (the median is ₹38 Cr).

How IPOs of a similar size listed

Of 63 SME IPOs in our archive with an issue of ₹50 Cr or more (listed 2025 to date), 59% opened above the issue price and 29% below. The median opening gain was +1.80%, and the middle half ranged from −0.79% to +19.12%.

This describes how past issues opened, not what this IPO will do: one issue can land far outside the range, the opening price says nothing about what happens afterwards, and past results are not a forecast.

Next tabOffer details · ₹56.68 Cr