Vedant Poly Fabs Limited launches IPO on NSE Emerge
4 reports, 2 independent
Updated Wed 00:00
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What happened
Vedant Poly Fabs Limited, a flexible packaging maker, opened its initial public offer on November 2, 2026, closing on November 4, 2026, for listing on NSE Emerge. The issue aims to raise approximately Rs 56.68 crore for working capital, debt repayment, and new machinery. The price band for the shares is set between Rs 88 and Rs 94.
From bignewsnetwork.com
Why it matters
The IPO allows the company to raise capital for expansion and debt reduction. Financial results show that the company reported FY26 revenue of Rs 115.14 crore, marking 42.11% year-on-year growth, and a Profit After Tax of Rs 10.96 crore, reflecting 140% year-on-year growth.
From bignewsnetwork.com