Vans Electroengineerings IPO
Vans Electroengineerings opens for subscription on 29 Sept 2026 and closes on 1 Oct 2026, at a price band of ₹112 – ₹118 with a lot of 2400 shares. Listing is expected on 7 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
29 Sept 2026
Closes
1 Oct 2026
Allotment
5 Oct 2026
Listing
7 Oct 2026
IPO details
| Price band | ₹112 – ₹118 |
|---|---|
| Lot size | 2400 shares |
| Minimum investment | ₹2,83,200 |
| Issue size | ₹34 crore |
| Face value | ₹10 per share |
| Board | SME |
| Listing at | BSE SME |
| Retail quota | 35% |
| EPS | ₹6.74 |
| RoNW | 58.79% |
Grey market premium (GMP)
Last reported GMP: ₹103 (87.3%), an unofficial estimated listing price near ₹221 or about ₹2,47,200 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 628.73 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0× | 2.1× | 4.55× | 2.66× |
| Day 2 | 0.03× | 71.87× | 101.85× | 64.69× |
| Day 3 | 281.65× | 1031.87× | 686.32× | 628.73× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 2.76 | 2.71 | 0.02 |
| FY25 | 13.82 | 11.51 | 1.73 |
| FY26 | 23.19 | 15.93 | 5.39 |
About Vans Electroengineerings
VANS Electroengineerings Limited, incorporated in February 2022, manufactures and supplies components used in railway electrification, metro systems, and renewable energy projects.
Moreover, its main customers include Indian Railways and railway contractors. The company has its registered office and manufacturing facility in Salem, Tamil Nadu.
The company manufactures Single Pole and Double Pole Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs) used in railway electrification systems, including traction substations, sectioning posts and feeding posts. Its products are approved by RDSO, and some products have also received “Approved Vendor” status from CORE.
Objects of the issue
- To Meet Working Capital Requirements of the Company
- General Corporate Purpose
Allotment status and registrar
Bigshare Services Pvt. Ltd. is the registrar. After 5 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 8657578989/8069219065/8069219060 · ipo@bigshareonline.com
Lead managers and offer documents
- Hem Securities Ltd.
Vans Electroengineerings IPO: FAQs
When does the Vans Electroengineerings IPO open and close?
The Vans Electroengineerings IPO opens on 29 Sept 2026 and closes on 1 Oct 2026.
What is the Vans Electroengineerings IPO price band?
The price band is ₹112 – ₹118 per share (face value ₹10).
What is the Vans Electroengineerings IPO lot size?
One lot is 2400 shares, so the minimum investment is ₹2,83,200 at the upper price band.
When is the Vans Electroengineerings IPO allotment date?
Allotment is expected on 5 Oct 2026. Check the status on the registrar's site (Bigshare Services Pvt. Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Vans Electroengineerings shares list?
Listing is expected on 7 Oct 2026 on BSE SME.
What is the Vans Electroengineerings IPO GMP today?
The grey market premium was about ₹103 (87.3%) when this page was last updated, implying an unofficial estimated listing near ₹221. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.