Vans Electroengineerings IPO Details

SME BSE

Vans Electroengineerings IPO Summary

Vans Electroengineerings IPO opens for subscription on 29 Sep 2026 and closes on 01 Oct 2026.The IPO will be listed on BSE with the tentative listing date set for 07 Oct 2026.

Vans Electroengineerings IPO price band has been fixed at ₹112 – ₹118 per share. The face value is ₹10 per share with a lot size of 1200.

Vans Electroengineerings IPO total issue size comprises 28,80,000 shares (aggregating up to ₹33.98 Cr). This includes a fresh issue of 28,80,000 shares (aggregating up to ₹33.98 Cr). Pre-issue shareholding stands at 80,00,000, which will increase to 1,08,80,000 post-issue.

Vans Electroengineerings IPO carries a ₹103 (87.29%) GMP, reflecting investor sentiment.

Vans Electroengineerings IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹2,83,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹2,83,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹4,24,800. SHNI Maximum is 7 lots (8,400 shares) amounting to ₹9,91,200. BHNI Minimum is 8 lots (9,600 shares) amounting to ₹11,32,800.

The Lead Managers for Vans Electroengineerings IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Vans Electroengineerings Limited RHP.

Vans Electroengineerings IPO Details

Listing Price : ₹224.2 at a Premium of 90%

Open Date

29 Sep 2026

Close Date

01 Oct 2026

Listing Date

07 Oct 2026

Issue Price

₹112 - ₹118

Face Value

₹10 per share

Lot Size

1200 Shares

GMP

₹103(87.29%)

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Pre-issue Shareholding

80,00,000 shares

Post-issue Shareholding

1,08,80,000 shares

Total Issue Size

28,80,000 shares(aggregating up to ₹33.98 Cr)

Fresh Issue

28,80,000 shares(aggregating up to ₹33.98 Cr)

Offer for Sale

Vans Electroengineerings IPO Subscription

Vans Electroengineerings IPO Application Wise Breakup

Vans Electroengineerings IPO Dates

29 Sep 2026
Opening dateOpen
01 Oct 2026
Closing dateClose
05 Oct 2026
Allotment Date Allotment
06 Oct 2026
Initiation of RefundsRefund
06 Oct 2026
Credit of SharesCredit
07 Oct 2026
Listing dateListing

Vans Electroengineerings IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2400	₹2,83,200
Individual Maximum	2	2400	₹2,83,200
SHNI Minimum	3	3600	₹4,24,800
SHNI Maximum	7	8400	₹9,91,200
BHNI Minimum	8	9600	₹11,32,800

Vans Electroengineerings IPO Reservation

Promoter Holding

Pre Issue:

90.75%

Post Issue:

66.73%

Promoter Names:

Balakrishnan Srinivasan, Viraj Bansal, Abhishek Saraff, Nitin Jain, Pooja Bansal, Hotspot Infodot Pvt.Ltd.

Documents

DRHP

Vans Electroengineerings IPO DRHP

RHP

Vans Electroengineerings IPO RHP

Anchor List

Anchor Investors

Vans Electroengineerings IPO Valuations

ROE83.27%

ROCE63.96%

Debt/Equity0.28

RoNW58.79%

PAT Margin23.61%

EBITDA Margin31.63%

NAV11.46

Vans Electroengineerings Financial Information

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	16.85	5.34	6.57
Total Income	23.19	13.82	2.76
Profit After Tax	5.39	1.73	0.02
EBITDA	7.23	2.48	0.02
NET Worth	9.17	3.78	1.05
Reserves and Surplus	7.17	1.78	0.05
Total Borrowing	2.55	1.20	5.17
Amount in ₹ Crore

About Vans Electroengineerings IPO

Incorporated in February 2022, VANS Electroengineerings Limited is an ISO 9001:2015 certified company engaged in the manufacturing and supply of traction power supply and overhead equipment system components used in Indian railway electrification, metro systems, and renewable energy infrastructure. The company specializes in manufacturing Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs), including single-pole and double-pole variants, which are supplied primarily to Indian Railways and railway electrification contractors.

The company operates a manufacturing facility in Salem, Tamil Nadu, equipped with advanced manufacturing, in-house testing, and quality control infrastructure. Its products are approved by the Research Designs and Standards Organization (RDSO) and comply with international standards through testing conducted by institutions such as KERI (South Korea) and CPRI (Bengaluru). Supported by experienced promoters and a technically qualified management team, the company focuses on engineering excellence, product quality, and timely delivery.

As of May 31, 2026, VANS Electroengineerings employed 28 personnel across manufacturing, product development, quality control, finance, administration, and procurement functions.

Strength Of Vans Electroengineerings IPO

Niche Market Focus with Quality and Timely Delivery.
Quality Assurance Standards and RDSO Approved Entity.
Core Engineering and Integrated Engineering, Assembling and Testing Capabilities.
Established Customer Base and Geographical Footprint.
Experienced and Qualified Promoters.

Risk Of Vans Electroengineerings IPO

Our business and revenue are substantially dependent on the Indian Railways. Any adverse change in policy of the Indian Railways may lead to our contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on our business and results of operations.
We derive a significant portion of our revenue from the sale of our two-key product verticals i.e. Vacuum Circuit Breakers and Vacuum Interrupters. Any decline in the sales of our key product/s could have an adverse impact on our business, results of operations and financial condition.
A significant portion of our revenue from operations is derived from a limited number of customers and our inability to maintain existing customer relationships or secure repeat business may adversely affect our business and results of operations.
We are contractually and commercially subject to stringent quality, performance and delivery obligations and any failure to comply with such obligations may expose us to claims, penalties, cancellation of orders and reputational harm.
We depend on the timely availability of raw materials and components from suppliers, and any disruption in supply, increase in prices or inability to procure such materials may adversely affect our business.
We operate our manufacturing facility and registered office from rented and leased premises and any termination, non-renewal or disruption in our lease arrangements may adversely affect our business operations.
Significant fluctuations in trade receivables, extended collection periods, and business seasonality may adversely affect our working capital, liquidity, and operational cash flows.
We experience the effects of seasonality, which may result in our operating results fluctuating significantly and also, reduce our sales.
Our business depends on our product engineering, assembling and testing and technical development capabilities and any deficiencies in such capabilities may adversely affect our operations and reputation.
The restated financial statements have been provided by a peer-reviewed chartered accountant who is not a statutory auditor of our Company.

Objectives Vans Electroengineerings IPO

1. To Meet Working Capital Requirements of the Company

2. General Corporate Purpose

Company Contact Details

Plot 17 SIDCO Women's Industrial Estate Karuppur
Salem, Tamil Nadu , 636011
Phone: 9677114470
Email: cs@vanselectroengineerings.com
Website: https://vanselectroengineerings.com/

Registrar Contact Details

Name:

Bigshare Services Pvt Ltd

Phone:

+91-22-62638200

Email:

ipo@bigshareonline.com

Website:

https://ipo.bigshareonline.com/ipo_status.html

Lead Mangers

Market Maker

Vans Electroengineerings FAQs

The Vans Electroengineerings IPO is a SME public issue comprising 2880000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹33.98 Cr. The issue price has been fixed at ₹118 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 29 Sep 2026, and closes on 01 Oct 2026.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Vans Electroengineerings IPO opens on 29 Sep 2026.

Vans Electroengineerings IPO lot size is 1200, and the minimum amount required for application is ₹141600.

You may apply for the Vans Electroengineerings IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Vans Electroengineerings IPO is scheduled to be finalized on 05 Oct 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 06 Oct 2026. Investors are advised to regularly check the Vans Electroengineerings IPO allotment status for updates.

The listing date for the Vans Electroengineerings IPO has not yet been officially announced. However, the tentative listing date is scheduled for 07 Oct 2026.

Vans Electroengineerings IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹103 (87.29%).