
Capital Goods · BSE
VANS Electroengineerings Limited, incorporated in February 2022, is an ISO 9001:2015 certified company engaged in manufacturing and supplying traction power supply and overhead equipment system components for Indian railway electrification, metro projects and renewable energy infrastructure. The company primarily manufactures Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs), including single-pole and double-pole models, which are mainly supplied to Indian Railways and railway electrification contractors. Its manufacturing facility in Salem, Tamil Nadu, is supported by modern production equipment, in-house testing and quality control facilities. The company’s products are approved by the Research Designs and Standards Organization (RDSO) and are tested in line with international standards through institutions such as KERI, South Korea and CPRI, Bengaluru. With experienced promoters and a technically skilled management team, VANS Electroengineerings focuses on product quality, engineering capabilities and timely delivery. As of May 31, 2026, the company had 28 employees working across manufacturing, product development, quality control, finance, administration and procurement.
Price Band
₹112 – ₹118
Issue Size
₹288.00 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹118
at current GMP
Subscribed
—
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
Last updated: 27 Sept 2026
Current Premium
Issue Price (Upper)
₹118
Band: ₹112 – ₹118
Estimated Listing Price
₹118
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,41,600
Estimated Profit / Lot
₹0
1200 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | — | 0.0% | ₹118 |
| 26 Sep 2026 | — | 0.0% | ₹118 |
| 25 Sep 2026 | — | 0.0% | ₹118 |
GMP is unofficial market data. Not a guarantee of listing performance.
Vans Electroengineerings Limited is bringing an initial public offering (IPO) in the Capital Goods 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, 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 2026-10-01, 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 latest grey market premium for Vans Electroengineerings Limited IPO is ₹0, which indicates an expected listing price of ₹118.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.