Vans Electroengineerings
07 Oct '26SME
Min. Investment
₹2,68,800
Issue size
₹33.98 Cr
GMP
Locked
Overall subscription: 1.96x
Expert verdict
IPO dates
29 Sep
Opening
01 Oct
Closing
05 Oct
Allotment
07 Oct
Listing
*Refunds will be initiated on 06 Oct '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,83,200 |
Subscription (as on 29 September 2026, 11:23 AM)
Overall1.96x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2022|MD: Mr Viraj Bansal and Mr Balakrishnan Srinivasan
- VANS Electroengineerings Limited is a manufacturer of components for traction power supply and overhead equipment systems used in railway electrification, metro, and renewable energy systems. Its products are mainly supplied to Indian Railways and railway contractors.
- The company manufactures single-pole and double-pole vacuum circuit breakers and vacuum interrupters, which are used in traction substations, sectioning posts, feeding posts, and other railway electrification applications. Its product portfolio includes products approved by the Research Designs and Standards Organisation (RDSO) for specified railway applications. The company operates from its registered office and manufacturing facility in Salem, Tamil Nadu.
- The facility manufactures vacuum circuit breakers and vacuum interrupters and has machinery for processing and handling, along with in-house testing and quality control infrastructure. The company is ISO 9001:2015 certified and has received approvals from RDSO and the Central Organisation for Railways Electrification (CORE) for specified products.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹112 to 118
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 27.92%
QIB - 18.67%
HNI - 14.00%
Retail - 32.67%
Employee - 1.67%
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The issue size of Vans Electroengineerings IPO is ₹33.98 Cr
The Vans Electroengineerings IPO will be open for applications from 29 Sep '26 to 01 Oct '26
The lot size of Vans Electroengineerings IPO is 1200 Shares and its minimum investment amount is ₹2,68,800.
