VANS ELECTROENGINEERINGS IPO
VANS ELECTROENGINEERINGS is a SME IPO with a current status of LISTED. The price band is 112 - 118. The issue opens on 29 SEP and closes on 01 OCT. The listing date is 07 OCT.
Price Band
112 - 118
Unofficial GMP
₹110
Lot Size
1200 shares
Minimum Investment
₹2,83,200
VANS ELECTROENGINEERINGS IPO GMP
The latest available GMP is ₹110. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹228.00
Estimated Gain
+93.2%
VANS ELECTROENGINEERINGS IPO GMP History
45
28 SEP
70
29 SEP
90
30 SEP
70
01 OCT
70
02 OCT
85
05 OCT
110
06 OCT
VANS ELECTROENGINEERINGS IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- 112 - 118
- Issue Size
- 33.98 Cr
- Issue Type
- Book Built Issue
- Fresh Issue
- ₹32.26 Cr
- Face Value
- 10
- Lot Size
- 1200
- Minimum Investment
- 2,83,200
- Exchange
- BSE SME
- Registrar
- Bigshare Services Private Limited
- Lead Managers
- HEM Securities Limited
- Market Maker
- ₹1.73 Cr
VANS ELECTROENGINEERINGS IPO Dates
- Open Date
- 29 SEP
- Close Date
- 01 OCT
- Allotment Date
- 05 OCT
- Refund Date
- 06 OCT
- Demat Credit Date
- 06 OCT
- Listing Date
- 07 OCT
VANS ELECTROENGINEERINGS IPO Subscription
- QIB
- 73.30x
- NII / HNI
- 450.33x
- Retail
- 461.25x
- Employee
- --
- Total Subscription
- 347.25x
VANS ELECTROENGINEERINGS IPO Financials
Revenue
FY2026
₹22.84 Cr
+68.44% vs FY2025
PAT
FY2026
₹5.39 Cr
+211.56% vs FY2025
Total Assets
FY2026
₹16.85 Cr
+215.54% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 2.59 | 13.56 | 22.84 |
| Net Profit | 0.02 | 1.73 | 5.39 |
| Total Assets | 6.57 | 5.34 | 16.85 |
VANS ELECTROENGINEERINGS IPO Valuation
- Market Cap (Post IPO)
- ₹128.38 Cr.
- EPS
- 6.74
- P/E Ratio
- 17.51
- Price to Book Value
- 10.30
- Industry P/E
- 74.9x
- ROE
- 83.27%
- ROCE
- 63.96%
- RONW
- 58.79%
- Debt / Equity
- 0.28%
- PAT Margin
- 23.61%
- EBITDA Margin
- 31.63%
- Valuation
- FAIR
VANS ELECTROENGINEERINGS IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,83,200 |
| Retail Maximum | 2 | 2,400 | ₹2,83,200 |
| Small HNI | 3 | 3,600 | ₹4,24,800 |
| Big HNI | 8 | 9,600 | ₹11,32,800 |
VANS ELECTROENGINEERINGS IPO Reservation
- QIB
- 49.96%
- NII / HNI
- 15.01%
- Retail
- 35.03%
- Employee
- 1.67%
VANS ELECTROENGINEERINGS Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 90.75%
- Post-IPO Promoter Holding
- 66.73%
- Anchor Allocation
- Anchor Investors Allocation: 8,04,000 equity shares.
- Anchor Details
- 1. Anchor Investors: 3 2. Total Anchor Shares: 8,04,000 Equity Shares 3. Anchor Price: ₹118 per share 4. Total Anchor Allocation: ₹9.49 Crore 5. Anchor Allocation: 27.92% of the total issue 6. Anchor Allocation Date: 28 September 2026 7. MINT FOCUSED GROWTH FUND PCC-CELL 1: 3,79,200 shares | ₹4.47 Cr 8. INDIA MAX INVESTMENT FUND LTD.: 2,54,400 shares | ₹3.00 Cr 9. HEM GROWTH OPPORTUNITIES FUND: 1,70,400 shares | ₹2.01 Cr
VANS ELECTROENGINEERINGS Company Overview
Incorporated in 2022, the company manufactures and supplies electrical engineering components for railway electrification and traction power infrastructure. Its portfolio includes single-pole and double-pole vacuum circuit breakers and vacuum interrupters.
VANS ELECTROENGINEERINGS Business Model
Manufactures and supplies specialised electrical equipment to railway-related customers and contractors. Demand depends on customer orders and railway infrastructure spending, while participation requires product quality and technical approvals, including RDSO approvals.
VANS ELECTROENGINEERINGS Objects of the Issue
₹25 crore for working capital requirements; balance eligible proceeds for general corporate purposes.
VANS ELECTROENGINEERINGS Strengths
Specialised railway traction equipment portfolio and reported RDSO-approved products provide relevant technical qualifications for the railway supply market. These are potential operating strengths, not evidence of market leadership or guaranteed orders.
VANS ELECTROENGINEERINGS Risks
Railway-sector dependence exposes demand to project awards, public infrastructure spending and execution schedules. The proposed ₹25 crore working-capital allocation highlights funding needs, while incorporation in 2022 limits the operating track record available for assessment.
VANS ELECTROENGINEERINGS Frequently Asked Questions
What is the VANS ELECTROENGINEERINGS IPO price band?
The VANS ELECTROENGINEERINGS IPO price band is 112 - 118.
What is the latest VANS ELECTROENGINEERINGS IPO GMP?
The latest available VANS ELECTROENGINEERINGS IPO GMP in the IPOWEB database is ₹110. GMP is unofficial and does not guarantee a listing gain.
When does the VANS ELECTROENGINEERINGS IPO open and close?
The VANS ELECTROENGINEERINGS IPO opens on 29 SEP and closes on 01 OCT.
When is the VANS ELECTROENGINEERINGS IPO allotment date?
The VANS ELECTROENGINEERINGS IPO allotment date is 05 OCT.
When is the VANS ELECTROENGINEERINGS IPO listing date?
The VANS ELECTROENGINEERINGS IPO listing date is 07 OCT.
What is the VANS ELECTROENGINEERINGS IPO subscription?
The latest total subscription available for the VANS ELECTROENGINEERINGS IPO is 347.25x.