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Vans Electroengineerings IPO: GMP, subscription and allotment status

SMEBigshare ServicesOpens29 Oct

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.

Waiting for Bigshare Services

Dates

29 → 1 Oct · allot 5 · list 7

Refunds 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
₹2,83,200
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

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

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.
Vans Electroengineerings IPO GMP & allotment status