Vama Wovenfab IPO Day 2: Subscription Status on 16 September 2026

The issue has entered Day 2 of its three day bidding window, which opened on 15 September and closes on 17 September 2026. Vama Wovenfab Limited, a PP and HDPE woven sack bags manufacturer based in Daman, is raising up to about Rs 49.54 crore entirely through a fresh issue, and the shares are proposed to list on the BSE SME platform.

Day 1 bidding for the issue stayed extremely thin, with the issue subscribed only 0.01 times by the close, driven entirely by retail bids. With two sessions still remaining, including the 17 September close, there is time for demand to build, though the muted opening day suggests investors should watch the closing session closely.

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Vama Wovenfab IPO Details

The table below sets out the key parameters of the issue.

Open Date	15 September 2026
Close Date	17 September 2026
Price Band	Rs 324 to Rs 341 per share
Lot Size	400 shares (minimum bid 800 shares)
Issue Size	Up to Rs 49.54 crore
Issue Type	Book Built Issue, SME
Listing At	BSE SME
Allotment Date	18 September 2026
Listing Date	22 September 2026

Vama Wovenfab IPO Subscription Status Day 2

Category wise bidding for the issue is updated through the trading session on BSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.

Investor Category	Subscription at Day 1 Close (15 Sep)	Overall Subscription So Far (Day 2, 16 Sep)
Qualified Institutional Buyers (QIB)	0.00 times	Updating
Non-Institutional Investors (NII)	0.01 times	Updating
Retail Individual Investors	0.01 times	Updating
Overall	0.01 times	Updating through the session

Retail bids account for the entirety of demand seen for the issue so far, with QIB and NII yet to show meaningful interest. Investors should treat the Day 2 figures as provisional since bidding remains open until the 17 September close.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Vama Wovenfab IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 324 to Rs 341 band, with a minimum bid of 800 shares.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 17 September.

Download the Univest iOS App or Univest Android App to apply for the issue before the 17 September close.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue has had a very slow start, running at only 0.01 times through Day 1, with two sessions still remaining before the 17 September close for demand to build. Investors considering the issue should review the company financials and risk factors in the RHP on bseindia.com, and apply only after independent due diligence.

FAQs

What is the Vama Wovenfab IPO subscription status on Day 2?

Ans. The issue closed Day 1 subscribed only 0.01 times overall, with retail bids accounting for the entire subscribed amount, and figures for Day 2, 16 September 2026, are updating through today's session on BSE.

When does the Vama Wovenfab IPO close?

Ans. The issue closes for subscription on 17 September 2026, having opened on 15 September 2026.

What is the Vama Wovenfab IPO price band and lot size?

Ans. The issue price band is Rs 324 to Rs 341 per share, with a lot size of 400 shares, taking the minimum retail investment to about Rs 2,72,800 for two lots.

Why has the Vama Wovenfab IPO seen such low subscription?

Ans. Subscription for the issue has stayed extremely thin through Day 1 at just 0.01 times, which can happen with smaller SME issues, and institutional bids typically arrive closer to the 17 September closing day.

What is the Vama Wovenfab IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Vama Wovenfab IPO?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid with a minimum of 800 shares within the Rs 324 to Rs 341 band and approving the UPI mandate before the daily cut off.

When will the Vama Wovenfab IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 18 September 2026, with listing on the BSE SME platform tentatively scheduled for 22 September 2026.

Which category led the Vama Wovenfab IPO on Day 1?

Ans. Retail investors accounted for the entire demand seen for the issue on Day 1, while both the QIB and NII categories showed minimal to no activity at that stage.

What does Vama Wovenfab Limited do?

Ans. Vama Wovenfab Limited manufactures PP and HDPE woven sack bags, fabric products and trampoline material from its facility in Daman, supplying bulk packaging to agriculture, food, cement and chemical customers.