Vedant Poly Fabs IPO Subscription Status Day 1: Issue Subscribed 0.41 Times

Mumbai, November 02: The Vedant Poly Fabs IPO was subscribed 0.41 times overall as of 5:04:08 PM IST on November 2, 2026, the first day of bidding, according to the subscription figures provided. The non-institutional investor (NII) category recorded 0.83 times subscription, while individual investors subscribed 0.13 times. The qualified institutional buyers (QIB) category, excluding anchor investors, had not received any bids at the reported snapshot time. The book-built issue is valued at approximately ₹56.68 crore and comprises a fresh issue of 54.26 lakh equity shares aggregating ₹51.01 crore, alongside an offer for sale of 6.04 lakh shares worth ₹5.67 crore. The IPO price band has been fixed at ₹88 to ₹94 per share, with a face value of ₹10 each. Subscription opened on November 2, 2026, and is scheduled to close on November 4, 2026. The tentative allotment date is November 5, 2026. Refunds and credit of shares are scheduled for November 6, while the company’s equity shares are expected to list on the NSE SME platform on November 9, 2026.

Vedant Poly Fabs IPO Day 1 Subscription Status

As of 5:04:08 PM IST on November 2, 2026, the Vedant Poly Fabs IPO had received bids for 23,42,400 shares against 56,57,009 shares available for public subscription, excluding the market maker reservation, according to the supplied subscription snapshot. The non-institutional investor segment received bids for 18,84,000 shares against 22,60,800 shares offered. Within this category, big non-institutional investors (bNII) submitted bids for 12,79,200 shares, while small non-institutional investors (sNII) placed bids for 6,04,800 shares. Individual investors submitted bids for 4,58,400 equity shares against their allocation of 33,96,000 shares. Meanwhile, the QIB category, excluding anchor investors, had received no bids against the 209 shares shown as available in the supplied subscription data.

The category-wise subscription position at the reported snapshot time was as follows:

Investor Category	Shares Offered	Shares Bid For	Subscription (Times)
QIB (Ex Anchor)	209	0	0.00x
NII/HNI	22,60,800	18,84,000	0.83x
bNII (Above ₹10 lakh)	15,07,200	12,79,200	0.85x
sNII (Below ₹10 lakh)	7,53,600	6,04,800	0.80x
Individual Investors (Retail)	33,96,000	4,58,400	0.13x
Total	56,57,009	23,42,400	0.41x

The issue also includes a market maker reservation of 3,04,800 shares, with bids received for the entire reserved quantity. This portion is excluded from the overall public subscription calculation.

Vedant Poly Fabs IPO Day-wise Subscription Summary

The Vedant Poly Fabs IPO opened for public subscription on November 2, 2026, and will remain open until November 4, 2026. The supplied data records the subscription position for the opening day of bidding.

The day-wise figures, based on the snapshot captured at 5:04:08 PM IST on November 2, 2026, are presented below.

Date	QIB (Ex Anchor)	NII	Individual Investors	Total Subscription
November 2, 2026 (Day 1, 5:04:08 PM IST)	0.00x	0.83x	0.13x	0.41x

The opening-day figures show that the NII segment recorded the highest subscription multiple among the public investor categories at the reported timestamp. Within this segment, the bNII category stood at 0.85 times, compared with 0.80 times for sNII investors. The individual investor category had received bids for part of its reserved allocation, while the QIB segment had yet to record any subscription. The IPO is scheduled to remain open for two more bidding days, with subscription closing on November 4, 2026.

Vedant Poly Fabs IPO Timeline

The Vedant Poly Fabs IPO opened for bidding on November 2, 2026, and is scheduled to close on November 4, 2026. The tentative timetable covers allotment, refunds, credit of shares and listing on the NSE SME platform.

IPO Event	Date
Issue Open Date	November 2, 2026
Issue Close Date	November 4, 2026
Allotment Date	November 5, 2026
Initiation of Refunds	November 6, 2026
Credit of Shares	November 6, 2026
Tentative Listing Date	November 9, 2026
Listing Platform	NSE SME

Brief Overview of the Vedant Poly Fabs IPO

Vedant Poly Fabs’ IPO is a book-built public issue aggregating approximately ₹56.68 crore. The offering comprises a fresh issue of 54.26 lakh equity shares valued at ₹51.01 crore and an offer-for-sale component of 6.04 lakh shares amounting to ₹5.67 crore. The issue details indicate a total offering of 60,30,000 equity shares, including 3,04,800 shares reserved for the market maker. The supplied reservation details show an allocation of 22,60,800 shares to non-institutional investors and 33,96,000 shares to individual investors, along with a nominal QIB allocation of 209 shares. The IPO price band has been set at ₹88 to ₹94 per equity share, with a face value of ₹10 each. The lot size is 1,200 shares. Individual investors are required to apply for a minimum of two lots, equivalent to 2,400 shares, involving an investment of ₹2,25,600 at the upper end of the price band. For small non-institutional investors (sHNI), the minimum application size is three lots or 3,600 shares, amounting to ₹3,38,400 at the upper price. Big non-institutional investors (bHNI) have a minimum application requirement of nine lots, equivalent to 10,800 shares and an investment of ₹10,15,200. Affinity Global Capital Market Pvt. Ltd. is the book-running lead manager for the issue, while Cameo Corporate Services Ltd. serves as the registrar. Giriraj Stock Broking Pvt. Ltd. has been appointed as the market maker. The IPO opened for subscription on November 2, 2026, and is scheduled to close on November 4, 2026. The Allotment is tentatively expected to be finalised on November 5, followed by refunds and credit of shares on November 6. Vedant Poly Fabs is expected to list on the NSE SME platform on November 9, 2026.

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=VPFL&series=SME&type=Active