
Capital Goods · BSE
Vectras Enprocon Limited is a Gujarat-based Engineering, Procurement and Construction (EPC) company operating in the midstream and downstream segments of the oil and gas industry. The company specialises in developing pipeline networks, combined oil and gas stations and related infrastructure across multiple Indian states. Its business operations include mechanical, electrical and civil works for refineries, petrochemical complexes, gas processing units, oil and gas terminals and petroleum depots. As of August 31, 2025, its unexecuted order book for oil and gas station projects stood at ₹15,088.80 lakh, while its order book for oil and gas pipeline projects amounted to ₹18,327.88 lakh as of September 30, 2026. The company also undertakes allied civil and infrastructure projects, along with electrical, instrumentation, inspection, testing and safety auditing services for the oil and gas sector. Its capabilities cover the complete project lifecycle, including design, engineering, procurement, construction, testing and commissioning of pipelines and stations. The company has completed more than 3,34,000 inch-diameter piping works, 785 inch-kilometres of pipelines and four combined station projects. It serves both public-sector and private-sector oil and gas companies and maintains ISO certifications covering quality, safety, environmental management and instrumentation standards. As of September 30, 2026, Vectras Enprocon Limited had 990 employees across its various divisions.
Price Band
₹99 – ₹105
Issue Size
₹53.05 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹105
at current GMP
Subscribed
1.20x
overall
Open
30 Oct 2026
Close
3 Nov 2026
Allotment
4 Nov 2026
Refund
5 Nov 2026
Demat Credit
6 Nov 2026
Listing
6 Nov 2026
Overall Subscription
1.20x
Total Demand
QIB Multiplier
1.42x
Institutions & Funds
NII / HNI
1.30x
High Net-Worth
Retail (RII)
1.03x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 960,000 | 1,358,400 | 1.42x |
| NIB | 720,000 | 936,000 | 1.30x |
| HNIs(10L +) | 480,000 | 691,200 | 1.44x |
| HNIs (2-10L) | 240,000 | 244,800 | 1.02x |
| RETAIL | 1,680,000 | 1,728,000 | 1.03x |
| Total | 4,080,000 | 4,958,400 | 1.20x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 700 | 34 | 0.05x |
| HNIs(10L +) | 133 | 37 | 0.28x |
| HNIs (2-10L) | 67 | 26 | 0.39x |
| Total Applications | 900 | 97 | 0.11x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Vectras Enprocon Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹53.05 Crores. The shares are offered at a price band of ₹99 to ₹105 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
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 2026-11-03, the basis of allotment is scheduled to be finalized on 2026-11-04. 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 (Link Intime India Private Limited) or the BSE allotment checking window.
Currently, Vectras Enprocon Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹99 to ₹105 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,26,000. Expected listing price is ₹105 per equity share.
The Vectras Enprocon Limited IPO aggregate issue size is ₹53.05 Crores with an equity price band set at ₹99 to ₹105 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.20x (Retail: 1.03x, QIB: 1.42x, NII: 1.30x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-11-04. Investors can verify status using PAN card or application number.
Vectras Enprocon Limited shares are scheduled to list on BSE on 2026-11-06.