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HomeIPOVedant Poly Fabs
Vedant Poly Fabs

Vedant Poly Fabs

Open Date

Nov 2, 2026

Close Date

Nov 4, 2026

closed

Min Investment

₹2,25,600

Lot Size

1200 Shares

Issue Size

₹56.68 Cr

Price Range

₹88 - ₹88

Listing Date

Nov 9, 2026

IPO Doc

RHP PDF

About Vedant Poly Fabs

Incorporated in 2018, Vedant Poly Fabs manufactures flexible packaging materials and supplies them directly to business customers across India. Its product portfolio includes 3-layer and 5-layer low-density films, shrink films, barrier films, printed laminates, and milk and oil pouches. These products are mainly used in food, beverages and other consumer packaging applications. The company owns its manufacturing facility at Barasat, West Bengal, spread across approximately 30,354 square feet. The facility has a sanctioned electricity contract demand of 280 KVA from West Bengal State Electricity Distribution Company. The installed manufacturing capacity increased to 88.5 lakh kg in FY26 from 68.5 lakh kg in FY25 and FY24. Overall capacity utilisation improved to 71.6% in FY26 from 35.7% in FY24. However the utilisation varies across products with lamination at 77.1%, printed plastics at 71.9% and milk film at 35.2% in FY26. The company’s business is predominantly driven by laminations, contributing 59.2% of FY26 revenue, with printed plastic products being the second largest at 31.7%. The company also earned 3.6% of FY26 revenue from trading billets and MS strips. However, this trading activity has now been discontinued. The company supplies its products across several states, although its business remains heavily concentrated in Eastern India. West Bengal alone contributed 96.80% of FY26 revenue and 95.81% of revenue during Q1FY27. The remaining revenue came from Uttar Pradesh, Bihar, Assam, Odisha and Meghalaya. The company served 245 customers during Q1FY27, compared with 219 customers in FY24. Repeat customers contributed 97.9% of revenue during Q1FY27 and 74.9% in FY26. The company follows a direct sales model and supplies products without involving distributors or agents. The orders are mostly received first through verbal communication, and then by techno-commercial proposals and purchase orders. The raw materials are mostly purchased from West Bengal based suppliers. These include laminating rolls, granules and polyester films. However, procurement is highly concentrated, with Lakhotia Packwell Private Limited accounting for 47.04% of total purchases in FY26.

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₹1(+1.06%)GMP
0.53%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Vedant Poly Fabs IPO - Issue Objectives

The company will utilise ₹8.00 Crore for repayment of certain outstanding borrowings. ₹6.51 crore for purchase and installation of plant and machinery at existing facility. The company will use ₹24.61 crore to fund additional working capital requirements. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Repayment of borrowings

15.6%

Capital expenditure

12.7%

Working capital

48.2%

General corporate purposes

23.3%

1

Repayment of borrowings

The company will utilise ₹8.00 Crore for repayment of certain outstanding borrowings.

15.60%
2

Capital expenditure

₹6.51 crore for purchase and installation of plant and machinery at existing facility.

12.70%
3

Working capital

The company will use ₹24.61 crore to fund additional working capital requirements.

48.20%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

23.30%

IPO Subscription Status

QIB
1.00x
NII
1.38x
Individual
2.26x
Total
1.90x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Vedant Poly Fabs

In Cr.

Contact Details

Vedant Poly Fabs

6/1/Q Digberia Road, Barasat, P.O. Badu, PS Barasat North 24 Parganas, Badu, Barasat, West Bengal, 700128

+918240877760
cs@vedantpolyfabs.com
https://vedantpolyfabs.com/

Vedant Poly Fabs IPO - FAQs

Vedant Poly Fabs IPO is a SME IPO. The issue is priced at 88-₹94. The minimum order quantity is 1200 Shares. The IPO opens on 2 Nov, and closes on 4 Nov. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-11-01
  • Bidding Starts2026-11-02
  • Bidding Ends2026-11-04
  • Allotment Finalisation2026-11-05
  • Release of Funds2026-11-06
  • Demat Transfer2026-11-06
  • Listing2026-11-09

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