Vans Electroengineerings IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 5 Oct 2026.
₹90grey-market premium
- GMP
- ₹90
- +76.3%
- Est. listing
- ₹208
- +76.3% on issue price
- Price band
- ₹118
- Lot
- 1,200 shares
- Min. ₹1,41,600
Allotment
Was due 5 Oct and isn't published yet.
Dates
29 → 1 Oct · allot 5 · list 7Refunds and shares in your demat account on 6 Oct.
GMP day by day
- 1 Oct 2026
- GMP ₹90
- Est. listing ₹208 +76.3%
- 30 Sept 2026
- GMP ₹90
- Est. listing ₹208 +76.3%
- 29 Sept 2026
- GMP ₹45
- Est. listing ₹163 +38.1%
- 28 Sept 2026
- GMP ₹45
- Est. listing ₹163 +38.1%
- 27 Sept 2026
- GMP ₹0
- Est. listing ₹118 0.0%
- 26 Sept 2026
- GMP ₹0
- Est. listing ₹118 0.0%
- 25 Sept 2026
- GMP ₹0
- Est. listing ₹118 0.0%
- 24 Sept 2026
- GMP ₹0
- Est. listing ₹118 0.0%
Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.
Issue details
- Segment
- SME
- Face value
- ₹10
- Issue type
- Book build Issue
- Fresh issue
- ₹34 Crores
- Listing at
- BSE SME
- Registrar
- Bigshare Services
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 2 lots, 2,400 shares
- 2,400
- ₹2,83,200
- Retail Maximum
- 2 lots, 2,400 shares
- 2,400
- ₹2,83,200
- S-HNI Minimum
- 3 lots, 3,600 shares
- 3,600
- ₹4,24,800
- S-HNI Maximum
- 7 lots, 8,400 shares
- 8,400
- ₹9,91,200
- B-HNI Minimum
- 8 lots, 9,600 shares
- 9,600
- ₹11,32,800
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- To Meet Working Capital Requirements of the Company
- ₹25.00 Cr
- General Corporate Purpose
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹23.19 Cr+67.8% on 2025
₹5.39 Cr+211.6% on 2025
₹16.85 Cr+215.5% on 2025
- 2026
- Revenue ₹23.19
- Profit ₹5.39
- Assets ₹16.85
- 2025
- Revenue ₹13.82
- Profit ₹1.73
- Assets ₹5.34
- 2024
- Revenue ₹2.76
- Profit ₹0.02
- Assets ₹6.57
In ₹ crore, for the years the offer document reports.
- ROE
- 83.27%
- ROCE
- 63.96%
- EBITDA Margin
- 31.63%
- PAT Margin
- 23.61%
- Debt to equity ratio
- 0.28
- Earning Per Share (EPS)
- ₹6.74 (Basic)
- Return on Net Worth (RoNW)
- 58.79%
- Net Asset Value (NAV)
- ₹11.46
Who the issue is reserved for
- Anchor
- 27.92%
- QIB
- 18.67%
- NII
- 14.00%
- Retail
- 32.67%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Balakrishnan Srinivasan, Viraj Bansal, Abhishek Saraff, Nitin Jain, Pooja Bansal and Hotspot Infodot Pvt
- Promoter holding
- 90.75% before the IPO, 66.73% after
- Lead managers
- Hem Securities Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
More SME IPOs
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- Dove Soft IPOLists ~8 Oct
Frequently asked questions
- What is the GMP of Vans Electroengineerings IPO today?
- The grey-market premium is ₹90, which points to a listing around ₹208 (+76.3% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
- When does Vans Electroengineerings IPO open and close?
- Bidding ran from 29 October 2026 to 1 October 2026.
- What is the Vans Electroengineerings IPO allotment date?
- Allotment is expected on 5 October 2026.
- When will Vans Electroengineerings IPO list?
- Listing is expected on 7 October 2026.
- What is the lot size and minimum investment for Vans Electroengineerings IPO?
- One lot is 1,200 shares, so the minimum investment at the upper price of ₹118 is ₹1,41,600.
- How do I check Vans Electroengineerings IPO allotment status?
- Bigshare Services is the registrar. Once allotment is out, check it by PAN on the Bigshare Services website or right here.