Vans Electroengineerings logo

Vans Electroengineerings IPO: GMP, subscription and allotment status

SMEBigshare ServicesOpens29 Oct

0grey-market premium

GMP
0
0.0%as of 24 Sept, 13:56 IST
Est. listing
118
0.0% on issue price
Price band
118
Lot
1,200 shares
Min. 1,41,600

Allotment

Expected 5 Oct.

Allotment ~5 Oct

Dates

291 Oct · allot 5 · list 7

Refunds and shares in your demat account on 6 Oct.

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
2,83,200
Retail Maximum
2 lots, 2,400 shares
2,83,200
S-HNI Minimum
3 lots, 3,600 shares
4,24,800
S-HNI Maximum
7 lots, 8,400 shares
9,91,200
B-HNI Minimum
8 lots, 9,600 shares
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

Revenue, ₹ crore

₹23.19 Cr+67.8% on 2025

Profit, ₹ crore

₹5.39 Cr+211.6% on 2025

Assets, ₹ crore

₹16.85 Cr+215.5% on 2025

2026
Revenue 23.19
Profit 5.39
2025
Revenue 13.82
Profit 1.73
2024
Revenue 2.76
Profit 0.02

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

QIB
50%
NII
15%
Retail
35%

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

Frequently asked questions

What is the GMP of Vans Electroengineerings IPO today?
The grey-market premium is ₹0, which points to a listing around ₹118 (0.0% on the issue price), as of 13:56 IST on 24 September 2026. GMP is unofficial and doesn't guarantee a listing price.
When does Vans Electroengineerings IPO open and close?
Bidding runs 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.