The upcoming public offering from Vedant Poly Fabs has drawn attention from market participants following the release of its official schedule and financial figures. Operating as a book-built issue, the company aims to raise a total of ₹56.68 crores through the primary market route. Prospective investors examining current market opportunities can review ongoing offerings such as the BLS Polymers IPO Details, Business Model and Grey Market Premium Analysis for comparative sector insights.
Comprehensive Issue Structure and Timeline
The public issue is structured to open for bidding on November 2, 2026, and will close on November 4, 2026. The total issue size of ₹56.68 crores is split into a fresh issue component valued at ₹51.01 crores and an offer for sale (OFS) of up to 6,03,600 equity shares. Each equity share carries a face value of ₹10.
The price band for the public issue has been fixed at ₹88 to ₹94 per share. Following the closure of the bidding period, the basis of allotment is scheduled to be finalized on November 5, 2026. Successful allottees can expect credit of shares to their demat accounts ahead of the tentative listing date on the National Stock Exchange (NSE) on November 9, 2026.
Allocation Quotas and Investor Categories
The distribution of shares across investor categories follows standard book-building norms. Institutional participation is accommodated through a Qualified Institutional Buyer (QIB) quota set at 50% of the total offering. Non-Institutional Investors (NII), often referred to as High Net Worth Individuals (HNIs), are allocated 15% of the issue. Retail individual investors account for the remaining 35% of the total allocation.
Financial Performance and Revenue Trajectory
Financial disclosures from the company indicate notable expansion across key metrics between the 2025 and 2026 fiscal periods. For the year 2026, the company recorded total revenue of ₹115.31 crores, marking an increase compared to ₹81.58 crores reported in the preceding year 2025.
Profitability figures followed a similar upward trajectory. The net profit for 2026 stood at ₹10.97 crores, up from ₹4.56 crores reported in 2025. This financial progression highlights improved operational scale ahead of the public listing.
Financial and Market Analysis
An evaluation of the financial data and issue parameters provides vital context for understanding the scale and valuation dynamics of Vedant Poly Fabs. The jump in top-line revenue from ₹81.58 crores to ₹115.31 crores reflects a robust growth rate of approximately 41.35% year-over-year. More importantly, the net profit expanded more than twofold, moving from ₹4.56 crores to ₹10.97 crores, representing an increase of roughly 140.57%. This sharp rise in profitability relative to revenue expansion indicates improved operational efficiencies or margin expansion during the period.
| Financial Metric | FY 2025 | FY 2026 | Absolute Change | Percentage Change |
|---|---|---|---|---|
| Revenue | ₹81.58 crores | ₹115.31 crores | +₹33.73 crores | +41.35% |
| Net Profit (PAT) | ₹4.56 crores | ₹10.97 crores | +₹6.41 crores | +140.57% |
The allocation structure, which allocates 50% to QIBs, ensures strong institutional participation, typically lending stability to the order book. The retail portion at 35% provides adequate room for individual retail bidders, while the 15% HNI quota targets larger non-institutional ticket sizes. With the issue price band fixed between ₹88 and ₹94, investors are assessing the valuation against the company’s improved earnings per share resulting from the higher net profit of ₹10.97 crores.
| IPO Parameter | Value / Detail | Analysis |
|---|---|---|
| Total Issue Size | ₹56.68 crores | Comprises fresh issue of ₹51.01 crores and an OFS of 6,03,600 shares. |
| Price Band | ₹88 to ₹94 per share | Determines the valuation range for bidders participating in the book-build process. |
| QIB Quota | 50% | Secures substantial institutional backing to stabilize post-listing sentiment. |
| Retail Quota | 35% | Allocates significant portion to individual retail investors. |
| HNI Quota | 15% | Catters to high-net-worth individual participation. |
Key Takeaways
- The Vedant Poly Fabs IPO opens on November 2, 2026 and closes on November 4, 2026.
- The total fundraising target is ₹56.68 crores, featuring a fresh issue of ₹51.01 crores and an OFS of 6,03,600 shares.
- The price band is established between ₹88 and ₹94 per share with a face value of ₹10.
- Revenue grew from ₹81.58 crores in 2025 to ₹115.31 crores in 2026.
- Net profit increased from ₹4.56 crores in 2025 to ₹10.97 crores in 2026.
- Shares are allotted on November 5, 2026, with a tentative NSE listing date set for November 9, 2026.
Frequently Asked Questions
The IPO opens on November 2, 2026, and closes on November 4, 2026.
The company aims to raise around ₹56.68 crores through the IPO.
The price band is set at ₹88 to ₹94 per share.
Each equity share has a face value of ₹10.
The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%.
The allotment date is November 5, 2026, and the stock is scheduled to list on the NSE on November 9, 2026.
The company reported revenue of ₹115.31 crores in 2026, up from ₹81.58 crores in 2025.
The company reported a profit of ₹10.97 crores in 2026, compared to a profit of ₹4.56 crores in 2025.
