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Vans Electroengineerings Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,83,200
1200 shares · 1 lot

Vans Electroengineerings Ltd IPO was priced at ₹112–₹118 per share with an issue size of ₹34 crore. The IPO opened on Sep 29, 2026 and closed on Oct 01, 2026, with a lot size of 1,200 shares and a minimum investment of ₹2,83,200.

Open
29 Sep
Close
01 Oct
Allotment
05 Oct
Refund
06 Oct
Listing
07 Oct

Market Sentiment

Grey Market Premium

Full history →
+₹55.00 +46.6%
Est. listing: ₹173
Updated 05 Oct 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹112.00 - ₹118.00 per share
Lot Size1200 shares
Min Investment₹2,83,200
Total Issue Size ₹34.00 crore
Shares Offered28,80,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹118 · lot size 1200 shares · estimated listing price ₹173 (GMP +₹55)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,200 ₹1,41,600 ₹2,07,600 +₹66,000
S-HNI (Min) 2 2,400 ₹2,83,200 ₹4,15,200 +₹1,32,000
S-HNI (UPI limit) 3 3,600 ₹4,24,800 ₹6,22,800 +₹1,98,000
S-HNI (Max) 7 8,400 ₹9,91,200 ₹14,53,200 +₹4,62,000
B-HNI (Min) 8 9,600 ₹11,32,800 ₹16,60,800 +₹5,28,000
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹6.74
P/E (Post)
23.79 x
RoNW
58.79%
RoCE
63.96%
Net Worth
₹9.17 Cr
MetricLatest Reported
Total Income₹23.19 Cr
Profit After Tax₹5.39 Cr
Net Worth₹9.17 Cr

Promoters & Holding

Promoters: Balakrishnan Srinivasan, Viraj Bansal, Abhishek Saraff, Nitin Jain, Pooja Bansal, Hotspot Infodot Pvt.Ltd.

Promoter Holding (Pre-Issue)90.75%
Promoter Holding (Post-Issue)66.73%

Strengths & Risks

Strengths

  • Niche Market Focus with Quality and Timely Delivery.
  • Established Customer Base and Geographical Footprint.
  • Quality Assurance Standards and RDSO-Approved Products.
  • Core Engineering and Integrated Engineering, Assembly and Testing Capabilities.

Risks & Concerns

  • Dependence on Indian Railways and railway contractors for revenue.
  • Competition from other manufacturers in the electrical equipment sector.
  • Fluctuations in raw material prices affecting profitability.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

VANS Electroengineerings Limited is engaged in the manufacturing and supply of components used in traction power supply and overhead equipment systems for Indian railway electrification infrastructure, metro systems and renewable energy applications.

Founded2022-02-01
HeadquartersSalem, Tamil Nadu
IndustryHeavy Electrical Equipment
Websitehttps://vanselectroengineerings.com/

Objects of the Issue

  • To Meet Working Capital Requirements of the Company
  • General Corporate Purpose

Registrar & Allotment

RegistrarBigshare Services Pvt.Ltd.
Phone8657578989/8069219065/8069219060
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Vans Electroengineerings Ltd IPO — dates, pricing, allotment and listing.

Vans Electroengineerings Ltd IPO is a bookbuilding ipo of ₹34 crore. The issue was priced at ₹112–₹118 per share, with a lot size of 1,200 shares. Bidding ran from Tue, 29 Sep 2026 to Thu, 01 Oct 2026, with shares listed on BSE SME.

The price band was ₹112–₹118 per share.

One lot was 1,200 shares. Bids had to be placed in multiples of 1,200.

A retail investor needed at least ₹2,83,200 – one lot of 1,200 shares at ₹118, the upper end of the price band.

Vans Electroengineerings Ltd IPO opened on Tue, 29 Sep 2026 and closed on Thu, 01 Oct 2026.

Allotment was finalised on Mon, 05 Oct 2026.

Vans Electroengineerings Ltd shares were listed on Wed, 07 Oct 2026 on BSE SME.

The company intended to use the net proceeds towards to meet working capital requirements of the company and general corporate purpose.

Hem Securities Ltd. is the book running lead manager. Bigshare Services Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Vans Electroengineerings Ltd IPO subscription page, and on the BSE and NSE websites.

From Mon, 05 Oct 2026, check the Vans Electroengineerings Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.