{"id":328045,"date":"2026-10-27T12:01:06","date_gmt":"2026-10-27T06:31:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328045"},"modified":"2026-10-27T12:01:06","modified_gmt":"2026-10-27T06:31:06","slug":"vectras-enprocon-initial-public-offering-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/vectras-enprocon-initial-public-offering-review\/","title":{"rendered":"Vectras Enprocon IPO Review: Key Details, Company Overview and Financials"},"content":{"rendered":"

Vectras Enprocon IPO price band Rs 99 to Rs 105. Opens 30 Oct, closes 3 Nov 2026. Issue size up to Rs 53 Cr. Lists on BSE SME.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Vectras Enprocon IPO is an issue of 50,52,000 shares worth up to Rs 53 crore (a fresh issue plus a 9,96,000 share offer for sale), priced at Rs 99 to Rs 105 per share and open from 30 October to 3 November 2026 on the BSE SME platform. One lot of 1,200 shares costs Rs 1,26,000 at the upper band, and retail bidders apply for two lots at Rs 2,52,000. The Gujarat oil and gas EPC contractor grew FY26 profit 52 percent to Rs 15.43 crore, and the upper band works out to about 13 times FY26 earnings after the new shares (computed).<\/p>\n<\/p><\/div>\n

The Vectras Enprocon IPO is a bookbuilding SME issue of 50,52,000 equity shares of face value Rs 10 each, aggregating up to Rs 53 crore at the upper band. It has a fresh issue of 40,56,000 shares (about Rs 42.59 crore, including 2,53,200 market maker shares) and an offer for sale of 9,96,000 shares (about Rs 10.46 crore) by promoters Naynesh Kanubhai Patel and Maheshkumar Gopalbhai Patel, who sell 4,98,000 shares each. The issue opens on 30 October 2026 and closes on 3 November 2026. Allotment is expected on 4 November, and the shares are tentatively proposed to list on the BSE SME platform on 6 November 2026.<\/p>\n

The price band is Rs 99 to Rs 105 per share with a lot size of 1,200 shares, so one lot needs Rs 1,26,000 at the upper band. Retail investors must apply for at least 2 lots (2,400 shares, Rs 2,52,000), and small HNI bids run from 3 lots (Rs 3,78,000) to 7 lots (Rs 8,82,000). The net offer to the public is 47,98,800 shares, with not more than 50 percent for qualified institutional buyers, at least 35 percent for retail investors and at least 15 percent for non-institutional investors.<\/p>\n

Beeline Capital Advisors Pvt. Ltd. is the book-running lead manager for the Vectras Enprocon issue, MUFG Intime India Pvt. Ltd. is the registrar and Spread X Securities Pvt. Ltd. is the market maker.<\/p>\n

For detailed information on the company’s business, financials, risk factors and the use of proceeds, investors should refer to the Vectras Enprocon Red Herring Prospectus (RHP) before making an investment decision.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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