Vectras Enprocon IPO Day 1: Subscription Opens Today, 30 October 2026
- October 30, 2026
- Posted by: Harsh Piplani
- Category: IPO
Vectras Enprocon IPO opens today, 30 Oct 2026, closes 3 Nov. Price band Rs 99-105. Lot size 1,200 shares. Lists on BSE SME on 6 Nov.
Quick Answer
The Vectras Enprocon IPO opens for subscription today, 30 October 2026, and will remain open until 3 November 2026. Vectras Enprocon Limited is an oil and gas EPC company, and the issue of about Rs 53.05 crore combines a fresh issue of 40,56,000 shares with an offer for sale of 9,96,000 shares. The price band is set at Rs 99 to Rs 105 per share, with a lot size of 1,200 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.
Vectras Enprocon Limited, an engineering, procurement and construction company working on oil and gas station works, pipelines and allied services in the midstream and downstream segments, has opened its IPO for subscription today, 30 October 2026. The Vectras Enprocon IPO is a book built SME issue of 50,52,000 equity shares worth about Rs 53.05 crore at the upper band of Rs 105, made up of a fresh issue of 40,56,000 shares and an offer for sale of 9,96,000 shares by the two promoters, and bidding remains open until 3 November 2026. The shares are proposed to list on the BSE SME platform.
Of the total issue, 2,53,200 shares are set aside for the market maker, Spread X Securities. Proceeds are meant for repayment or prepayment of borrowings of Rs 14 crore and working capital of Rs 20 crore, with the balance for general corporate purposes.
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Vectras Enprocon IPO Details
The table below sets out the key parameters of the Vectras Enprocon IPO, including the price band, lot size and important dates.
| Open Date | 30 October 2026 |
| Close Date | 3 November 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 99 to Rs 105 per share |
| Lot Size | 1,200 shares (minimum application 2,400 shares) |
| Issue Size | Rs 53.05 crore (fresh issue of 40,56,000 shares and offer for sale of 9,96,000 shares) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 4 November 2026 |
| Listing Date | 6 November 2026 |
Vectras Enprocon IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum application | Rs 2,52,000 (2 lots, 2,400 shares, at the upper band) |
| Small HNI range | 3 to 7 lots (Rs 3,78,000 to Rs 8,82,000) |
| Big HNI minimum | 8 lots, 9,600 shares (Rs 10,08,000) |
| Promoter holding after issue | 73.49 percent |
| Market maker portion | 2,53,200 shares |
| Registrar | MUFG Intime India Pvt Ltd |
| Lead Manager | Beeline Capital Advisors Pvt Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Vectras Enprocon IPO Share Reservation
After 2,53,200 shares for the market maker, the issue offers not more than 50 percent of the net offer to qualified institutional buyers, not less than 15 percent to non-institutional investors and not less than 35 percent to retail investors. Retail bidders must apply for a minimum of 2 lots, or 2,400 shares.
Vectras Enprocon IPO Subscription Status Day 1
Bidding for the issue has opened today, 30 October 2026, so the category wise numbers below will fill in as the session progresses. Larger investor bids in SME issues can land at any point in the window, so Day 1 readings can look light and change quickly.
| Investor Category | Subscription Status, Day 1 (30 Oct) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Vectras Enprocon IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 99 to Rs 105 band, with a minimum application of 2,400 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 3 November.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
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.
About Vectras Enprocon Limited
Vectras Enprocon Limited is an EPC company in the midstream and downstream segments of the oil and gas industry, earning most of its revenue from combined oil and gas station works, mainly in Gujarat and Maharashtra, along with pipeline projects and allied services such as inspection, testing and safety auditing. Revenue grew from Rs 54.37 crore in FY24 to Rs 80.53 crore in FY25 and Rs 119.90 crore in FY26, while profit after tax rose from Rs 5.81 crore to Rs 10.17 crore and Rs 15.43 crore. For the period to September 2026, revenue was Rs 72.20 crore and profit after tax Rs 9.10 crore. Promoters will hold 73.49 percent after the issue, and the upper band implies a market capitalisation of about Rs 200 crore, or roughly 13 times FY26 earnings.
Conclusion
The issue has opened for bidding today, 30 October 2026, offering SME exposure to an oil and gas EPC contractor whose revenue has more than doubled in two years. Investors considering the issue should weigh the Rs 2,52,000 minimum application, the concentration in Gujarat and Maharashtra and in station works contracts, the offer for sale component and SME liquidity, and read the RHP on bseindia.com before applying after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Vectras Enprocon IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 30 October 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on BSE as the day progresses.
When does the Vectras Enprocon IPO open and close?
Ans. The issue opened for subscription today, 30 October 2026, and will close on 3 November 2026.
What is the Vectras Enprocon IPO price band and lot size?
Ans. The issue price band is Rs 99 to Rs 105 per share, with a lot size of 1,200 shares. The minimum application is 2 lots, or 2,400 shares, which is Rs 2,52,000 at the upper price band.
What is the issue size and structure of the Vectras Enprocon IPO?
Ans. The issue is a mix of a fresh issue of 40,56,000 equity shares and an offer for sale of 9,96,000 shares, together worth about Rs 53.05 crore, including 2,53,200 shares for the market maker.
What is the Vectras Enprocon 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, especially this early in the bidding window.
How do I apply for the Vectras Enprocon IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 99 to Rs 105 band, with a minimum application of 2,400 shares, then approving the UPI mandate before the daily cut off.
When will the Vectras Enprocon IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 4 November 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 6 November 2026.
What does Vectras Enprocon Limited do?
Ans. Vectras Enprocon Limited is an EPC company in the midstream and downstream segments of the oil and gas industry, working on oil and gas station works, pipeline projects and allied services such as inspection, testing and safety auditing.
How will Vectras Enprocon use the IPO proceeds?
Ans. The company plans to use Rs 14 crore to repay or prepay borrowings and Rs 20 crore for working capital, with the balance for general corporate purposes. The offer for sale proceeds go to the two selling promoters.
Who are the registrar and lead manager for the Vectras Enprocon IPO?
Ans. MUFG Intime India Pvt Ltd is the registrar for the issue, Beeline Capital Advisors Pvt Ltd is the book running lead manager, and Spread X Securities Pvt Ltd is the market maker.
