Vama Wovenfab IPO
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Vama Wovenfab IPO details
Schedule of Vama Wovenfab
| Issue open date | 15 Sep 2026 |
| Issue close date | 17 Sep 2026 |
| UPI mandate deadline | 17 Sep 2026 (5 PM) |
| Allotment finalization | 18 Sep 2026 |
| Refund initiation | 21 Sep 2026 |
| Share credit | 21 Sep 2026 |
| Listing date | 22 Sep 2026 |
| Mandate end date | 02 Oct 2026 |
| Lock-in end date for anchor investors (50%) | 17 Oct 2026 |
| Lock-in end date for anchor investors (remaining) | 16 Dec 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Vama Wovenfab
Vama Wovenfab manufactures Polypropylene and High-Density Polyethylene woven sacks and fabrics while also engaging in the trading of plastic granules. The company operates a manufacturing facility in Daman equipped with tape extrusion plants, circular looms, lamination plants, and bag-making machines. The production process involves converting plastic granules into plastic threads, weaving them into tubular fabric using circular looms, and further processing the fabric into finished bags. Key product offerings include colored woven fabric sheets, trampoline sheets, and loop handle bags. The company generates its revenue primarily through bulk institutional sales, serving a wide range of end-use sectors. These end-user sectors include the food products, agro-pesticides, construction chemicals, paper, rope, packaging, fast-moving consumer goods, and fertilizer industries.
Financials of Vama Wovenfab
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 49.54 |
| Fresh Issue – Proceeds go to the company | 49.54 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital Expenditure towards the Construction of a shed |
1.36 (2.74%) |
| Capital Expenditure towards Purchase of Machinery | 7.25 (14.63%) |
| To meet working capital requirements | 26.5 (53.49%) |
| General corporate purposes | 14.43 (29.14%) |
Strengths
- Established long-term partnerships with institutional customers.
- Deep understanding and prioritization of varying customer needs.
- Strong track record of planned and on-time product deliveries.
- Consistent focus on continuous product and manufacturing process improvement.
- Supported by a highly skilled and experienced workforce
Risks
- High reliance on a limited number of bulk purchasers for the majority of revenue.
- The absence of long-term customer agreements exposes the company to attrition risks.
- Profitability is highly vulnerable to volatile prices of PP and HDPE raw materials.
- Geographic concentration of revenue is heavily reliant on Daman, Diu, and Maharashtra.
- Negative operating cash flows in recent financial years pose potential liquidity challenges.