Vans Electroengineerings IPO Day 3: Subscription Closes Today, 1 October 2026

Vans Electroengineerings IPO closes today, 1 Oct 2026. Subscribed 19.08x through Day 2: Retail 32.58x, NII 15.28x, QIB 0.00x. Price band Rs 112-118.

Updated: 1 Oct 2026 • 12:33 am

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Quick Answer

The Vans Electroengineerings IPO is on its final day of bidding on 1 October 2026, with the subscription window closing today. The issue has surged from 2.65 times at the Day 1 close to 19.08 times by the close of Day 2, with retail at 32.58 times and NII at 15.28 times, while QIB, excluding anchors, remained at 0.00 times. With bidding open until the end of today's session, the final subscription figure depends on demand in the closing hours.

Vans Electroengineerings Limited, a vacuum circuit breaker and related products manufacturer, has reached the final day of its IPO subscription window today, 1 October 2026. The Vans Electroengineerings IPO opened on 29 September 2026 and is a book built SME issue worth about Rs 33.98 crore, entirely a fresh issue. The shares are proposed to list on the BSE SME platform.

Demand for the Vans Electroengineerings IPO has exploded through the window, driven overwhelmingly by retail and NII, while QIB has yet to place any bids. Today is the last window for institutional demand.

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Table of Contents

Vans Electroengineerings IPO Details

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

Open Date	29 September 2026
Close Date	1 October 2026
Face Value	Rs 10 per share
Price Band	Rs 112 to Rs 118 per share
Lot Size	1,200 shares (minimum bid 2,400 shares)
Issue Size	Rs 33.98 crore (entirely fresh issue)
Issue Type	Book Built Issue, SME
Listing At	BSE SME
Allotment Date	5 October 2026
Listing Date	7 October 2026

Vans Electroengineerings IPO Subscription Status Day 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Wednesday.

Session	Overall	Retail	NII	QIB
Day 1 close (29 Sep)	2.65x	4.54x	2.10x	0.00x
Day 2 close (30 Sep, closing update)	19.08x	32.58x	15.28x	0.00x
Day 3, closing day so far (29 Sep)	Updating through the session

Retail and NII have driven the demand for the issue dramatically past full subscription, while QIB, excluding anchors, remained absent after Day 2. Final figures should be confirmed on BSE once bidding closes today.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Vans Electroengineerings 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 112 to Rs 118 band, with a minimum bid 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, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

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 closes today with the overall book at around 19.08 times through Day 2, driven by exceptional retail and NII demand while QIB stayed absent. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence before the window shuts today.

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 Vans Electroengineerings IPO subscription status on Day 3?

Ans. On the closing day, 1 October 2026, the issue carries forward a Day 2 reading of around 19.08 times overall, with retail at 32.58 times, NII at 15.28 times and QIB at 0.00 times, and figures are updating through today's final session.

When does the Vans Electroengineerings IPO close?

Ans. The issue closes for subscription today, 1 October 2026, having opened on 29 September 2026.

What is the Vans Electroengineerings IPO price band and lot size?

Ans. The issue price band is Rs 112 to Rs 118 per share, with a lot size of 1,200 shares. Retail investors must apply for a minimum of 2 lots, or 2,400 shares, taking the minimum investment to about Rs 2,83,200 at the upper price band.

Which category led the Vans Electroengineerings IPO subscription?

Ans. Retail investors led the issue through Day 2 at 32.58 times, ahead of NII at 15.28 times, while QIB, excluding anchors, had not placed any bids.

What is the Vans Electroengineerings 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 Vans Electroengineerings IPO before it closes?

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 112 to Rs 118 band, with a minimum bid of 2,400 shares, then approving the UPI mandate before the daily cut off.

When will the Vans Electroengineerings IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 5 October 2026, with listing on the BSE SME platform tentatively scheduled for 7 October 2026.

What does Vans Electroengineerings Limited do?

Ans. Vans Electroengineerings Limited manufactures vacuum circuit breakers, vacuum interrupters and related products, with demand linked to railway electrification and modernisation programmes.