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Alice Blue
3rd Floor, M.R.B.Arcade, No. 153/2,
Bagalur Main Rd, Dwarka Nagar,
Yelahanka, Bengaluru, Karnataka
560063
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V

Vedant Poly Fabs Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Vedant Poly Fabs Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

Apply for IPO

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹94

Per Share

Lot Size

1200 Shares

Minimum Investment

₹1,12,800

Issue Size

₹56.68 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

59.32%

QIB Quota

1.19%

NII Quota

39.49%

IPO Timeline

Important dates for your applying strategy.

IPO Opens2 Nov
IPO Closes4 Nov
Basis of Allotment5 Nov
Refund Initiation6 Nov
Shares Credited6 Nov

Vedant Poly Fabs Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

100%

Promoter Holding (Post-Issue)

70.07%

Issue Type

Book Building - SME

ISIN

INE2RWX01016

About the Company

We are engaged in the manufacturing of flexible packaging materials and operate as a business-tobusiness (B2B) supplier to customers across India.

Industry Overview

The global packaging market size in 2026 is estimated at USD 1,220.36 billion, growing from 2025 value of USD 1,180 billion with 2031 projections showing USD 1,443.9 billion, growing at 3.42% CAGR over 2026-2031. The Flexible Packaging Market is estimated to be valued at USD 332.7 billion in 2025 and is projected to reach USD 552.3 billion by 2035, registering a compound annual growth rate (CAGR) of 5.2% over the forecast period. The polyethylene segment is anticipated to hold 35.8% of the flexible packaging market revenue in 2025, making it the dominant material choice. Its growth can be attributed to polyethylene's excellent moisture barrier properties, flexibility, and low cost. In 2025, the global mono-material packaging market is valued at USD 4.9 billion and is likely to reach USD 7.8 billion by 2035, growing at a CAGR of 4.8%. This expansion underscores increasing demand for recyclable, low-complexity packaging formats. The global multilayer flexible packaging market is estimated to reach USD 283.55 billion by 2034, up from USD 168.92 billion in 2024, at a compound annual growth rate (CAGR) of 5.32% from 2025 to 2034. The milk packaging market is forecasted to expand from USD 56.12 billion in 2026 to USD 85.22 billion by 2035, growing at a CAGR of 4.75% from 2026 to 2035. The India packaging market size is valued at USD 101.12 billion in 2025 and is forecast to reach USD 169.73 billion by 2030, advancing at a 10.73% CAGR. The India Flexible Packaging Market size is worth USD 20.41 Billion in 2025, growing at an 11.46% CAGR and is forecast to hit USD 35.11 Billion by 2030. In 2025, the global mono-material packaging market is valued at USD 4.9 billion and is likely to reach USD 7.8 billion by 2035, growing at a CAGR of 4.8%. This expansion underscores increasing demand for recyclable, low-complexity packaging formats. Demand for the multilayer flexible packaging market in India is progressing at a 6.8% CAGR as food and pharmaceutical companies increase the use of high-barrier packaging for product protection. India milk packaging market is advancing at a 6.3% CAGR, supported by growing dairy consumption and increased awareness of packaging hygiene.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures
Financial Performance Categories

Revenue

▲+132%vs FY24

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of upto 60,30,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Vedant Poly Fabs Limited ("The Company") for cash at a price of Rs. 94 per equity share (including share premium of Rs. 84 per equity share) ("Offer Price"), aggregating up to Rs. 56.68 Crores comprising a fresh issue of up to 54,26,400 equity shares aggregating up to Rs. 51.01 Crores by the company (the "Fresh Issue") and offer for sale of up to 6,03,600 equity shares aggregating up to Rs. 5.67 Crores by the company promoter's group selling shareholder, (the "Offered Shares") (the "Offer For Sale" and together with the fresh offer, the "Offer") of which upto 3,04,800 equity shares aggregating to Rs. 2.87 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., Net offer of upto 57,25,200 equity shares at an offer price of Rs.94 per equity share, aggregating to Rs. 53.82 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 29.92% and 28.41%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 94 per equity share of face value of Rs. 10/- each. The floor price is 9.4 times the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Organizational stability along with management expertise.
  • Established reputation and customer relationships.
  • Focus on consistently meeting quality standards.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
Listing Date9 Nov
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)1.00x
Non-Institutional Investors (NII)1.34x
Retail Individual Investors (RII)2.26x
Overall Subscription1.85x

Company History

Our Company was originally incorporated on December 10, 2018 at Kolkata, West Bengal as a Private Limited Company in the name and style of "Vedant Poly Fabs Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation bearing CIN: U25209WB2018PTC229187 issued by the Registrar of Companies, Kolkata. Further, our Company was converted into a Public Limited Company pursuant to Special Resolution passed by the shareholders of our Company at the Extra- Ordinary General Meeting held on August 07, 2025, and consequently the name of our Company was changed from "Vedant Poly Fabs Private Limited" to "Vedant Poly Fabs Limited" and a fresh certificate of incorporation dated August 21, 2025 pursuant to conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, Central Registration Centre bearing CIN: U25209WB2018PLC229187.

150
100
50
0
49.5
81.0
115
FY24FY25FY26

Profit After Tax (PAT)

▲+1614%vs FY24

Amount in ₹ crore

15
10
5.0
0
0.64
4.56
11.0
FY24FY25FY26

Total Assets

▲+418%vs FY24

Amount in ₹ crore

125
100
75
50
25
0
18.9
55.4
97.8
FY24FY25FY26

Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.

  • Well Established Manufacturing Facility designed for wide range of products.
  • Experienced Management Team and a motivated and efficient workforce.
    • Receiving orders verbally can raise the risk resulting in order discrepancies, customer dissatisfaction, and difficulties in scaling operations efficiently
    • We are dependent on our suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of our raw materials, or an increase in our raw material costs and other input costs, may adversely affect the pricing and supply of our products with subsequently having an adverse effect on the business, results of operations and financial conditions of our company.
    • Our business is substantially dependent on key customers, from whom we derive a significant portion of our revenues. The loss of any significant customers may have a material and adverse effect on our business and results of operations.
    • Legal and financial proceedings involving entities related to our Promoters may adversely affect our reputation, business and financial condition
    • Our Company operations require significant amount of working capital for a continuing growth. Our inability to meet our working capital requirements may adversely affect our results of operations.
    03

    When will I know if shares are allotted to me?

    Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
    04

    Can I modify or cancel my IPO application?

    Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
    05

    What happens if the IPO is oversubscribed?

    If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.