
Industrials · BSE
VANS Electroengineerings Ltd. is an engineering and electrical equipment company engaged in manufacturing products used in railway electrification, traction power supply and high-voltage electrical systems. Its key products include Vacuum Circuit Breakers (VCBs), Vacuum Interrupters (VIs), overhead equipment and related electrical components. The company has developed capabilities in design, manufacturing, assembly, testing and quality control of specialised electrical equipment. It has obtained relevant RDSO and CORE approvals for several railway products, helping it participate in the railway supply and EPC ecosystem. Its business is primarily focused on Indian Railways and railway EPC contractors, while it is also exploring opportunities in metro rail, renewable energy and other high-voltage electrical applications to expand its addressable market.
Price Band
₹112 – ₹118
Issue Size
₹288.00 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹118
at current GMP
Subscribed
628.71x
overall
Open
29 Sep 2026
Close
1 Oct 2026
Allotment
5 Oct 2026
Refund
6 Oct 2026
Demat Credit
7 Oct 2026
Listing
7 Oct 2026
Overall Subscription
628.71x
Total Demand
QIB Multiplier
281.65x
Institutions & Funds
NII / HNI
1031.87x
High Net-Worth
Retail (RII)
686.27x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 537,600 | 151,412,400 | 281.65x |
| NIB | 403,200 | 416,049,600 | 1031.87x |
| HNIs(10L +) | 268,800 | 315,151,200 | 1172.44x |
| HNIs (2-10L) | 134,400 | 100,898,400 | 750.73x |
| RETAIL | 940,800 | 645,643,200 | 686.27x |
| EMPLOYEES | 48,000 | 45,600 | 0.95x |
| Total | 2,332,800 | 1,629,200,400 | 628.71x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 75 | 31,747 | 423.29x |
| HNIs(10L +) | 37 | 25,220 | 681.62x |
| RETAIL | 392 | 269,018 | 686.27x |
| Total Applications | 504 | 325,985 | 646.80x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Vans Electroengineerings is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹28,80,000 Crores. The shares are offered at a price band of ₹112 to ₹118 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-10-01, the basis of allotment is scheduled to be finalized on 2026-10-05. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The Vans Electroengineerings IPO aggregate issue size is ₹28,80,000 Crores with an equity price band set at ₹112 to ₹118 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,41,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-10-05.