Vans Electroengineerings IPO is a proposed SME Book Built public issue by Vans Electroengineerings Limited. The public issue comprises an entirely fresh issue of up to 28,80,000 equity shares with no Offer for Sale component. The equity shares are proposed to be listed on the BSE SME platform.
Vans Electroengineerings Limited is an ISO 9001:2015 certified engineering company engaged in manufacturing and supplying components used in traction power supply and overhead equipment systems for Indian railway electrification infrastructure, metro systems and renewable energy applications. Its products are mainly supplied to Indian Railways and associated railway contractors.
The company manufactures single-pole and double-pole vacuum circuit breakers and vacuum interrupters, which are used in traction substations, sectioning posts, feeding posts and other railway electrification applications. Its product portfolio has approvals from the Research Designs and Standards Organisation (RDSO), while the company has also received approvals from the Central Organization for Railways Electrification (CORE) for certain products.
The company operates its manufacturing facility in Salem, Tamil Nadu, where it undertakes manufacturing, assembly, testing and quality-control activities. It has in-house engineering and testing capabilities and has engaged with organisations including Korea Electrotechnology Research Institute and Central Power Research Institute for product testing and compliance with applicable standards.
The fresh issue proceeds are proposed to be used primarily for meeting the company’s working capital requirements and for general corporate purposes. The proposed issue is expected to support the company’s working capital needs as it expands its operations in railway electrification and related engineering applications.
Table of Contents
Vans Electroengineerings IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Vans Electroengineerings IPO |
| Company Name | Vans Electroengineerings Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹112 to ₹118 per share |
| Total Issue Size | ₹33.98 Cr |
| Issue Size | 28,80,000 Equity Shares |
| Fresh Issue | 28,80,000 Equity Shares |
| Offer for Sale | Nil |
| IPO Open Date | 29 September 2026 |
| IPO Close Date | 1 October 2026 |
| Anchor Investor Bidding | 28 September 2026 |
| Basis of Allotment | 5 October 2026 |
| Refund Initiation | 5 October 2026 |
| Shares Credited to Demat Account | 6 October 2026 |
| Listing Date | 7 October 2026 |
| Listing Exchange | BSE SME |
| Lot Size | 1,200 |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | Hem Securities Limited |
The Vans Electroengineerings IPO comprises up to 28,80,000 equity shares of face value ₹10 each. The entire issue is a fresh issue and there is no Offer for Sale component.
The price band and minimum bid lot are proposed to be decided by the company in consultation with the Book Running Lead Manager and will be announced before the IPO opens for subscription.
Vans Electroengineerings IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 28 September 2026 |
| IPO Opening Date | 29 September 2026 |
| IPO Closing Date | 1 October 2026 |
| Basis of Allotment | 5 October 2026 |
| Refund Initiation | 5 October 2026 |
| Shares Credited to Demat Account | 6 October 2026 |
| Listing Date | 7 October 2026 |
The IPO schedule has not been announced in the DRHP. The final bidding dates, allotment date and listing date will be available after the company announces the IPO timetable.
Vans Electroengineerings IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% of the Net Issue |
| Non-Institutional Investors (NII) | Not Less Than 15% of the Net Issue |
| Retail Individual Investors (RII) | Not Less Than 35% of the Net Issue |
| Employee Category | As per final issue structure |
| Market Maker | As per final issue structure |
The DRHP states that not more than 50% of the Net Issue will be available for allocation to QIBs, not less than 15% to Non-Institutional Bidders and not less than 35% to Individual Bidders, subject to valid bids received at or above the Issue Price.
The final number of shares reserved for each category will depend on the final issue structure and the market maker and employee reservation portions, if applicable.
Vans Electroengineerings IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 1,000 | ₹0.0118 Cr |
| Retail Maximum | 1 Lot | 1,000 | ₹0.0118 Cr |
| S-HNI Minimum | 2 Lots | 2,000 | ₹0.0236 Cr |
| S-HNI Maximum | 8 Lots | 8,000 | ₹0.0944 Cr |
| B-HNI Minimum | 9 Lots | 9,000 | ₹0.1062 Cr |
The minimum bid lot has not been announced in the DRHP. The lot size and minimum investment amount will be available after the company announces the price band.
About Vans Electroengineerings Limited
Vans Electroengineerings Limited was originally incorporated as Vans Electroengineerings Private Limited on February 7, 2022. The company was subsequently converted into a public limited company in May 2026. Its registered office and manufacturing facility are located at SIDCO Women’s Industrial Estate, Karuppur, Salem, Tamil Nadu, while its corporate office is situated in Lucknow, Uttar Pradesh.
The company is engaged in manufacturing and supplying components of traction power supply and overhead equipment systems used in railway electrification infrastructure, metro systems and renewable energy systems. Its products are primarily supplied to Indian Railways and railway contractors.
The company has developed expertise in vacuum circuit breakers and vacuum interrupters used in railway traction applications. Its product portfolio includes single-pole and double-pole vacuum circuit breakers and single-pole and double-pole vacuum interrupters. The company has obtained RDSO approvals for manufacturing and supplying vacuum circuit breakers and vacuum interrupters according to prescribed technical specifications.
Vans Electroengineerings operates an integrated manufacturing, engineering, assembly and testing facility in Salem. The facility includes machinery and equipment for manufacturing operations as well as in-house testing and quality-control infrastructure. The company has also engaged with KERI, South Korea and CPRI, Bengaluru for testing activities related to its products and applicable technical standards.
Business Operations
Vans Electroengineerings Limited operates in the specialised electrical engineering and railway electrification segment.
- Vacuum Circuit Breakers – The company manufactures single-pole and double-pole vacuum circuit breakers used in railway traction and electrical distribution applications.
- Vacuum Interrupters – The company manufactures single-pole and double-pole vacuum interrupters that form an important switching component within vacuum circuit breakers.
- Overhead Equipment – The company has expanded its product portfolio to include components associated with railway overhead equipment systems.
- Braided Flexible Connectors – The company manufactures braided flexible connectors used in electrical and railway applications.
- Engineering and Assembly – The company undertakes engineering, assembly and testing activities at its Salem manufacturing facility.
- Quality Testing – The company has in-house testing and quality-control capabilities and also uses external testing institutions for specified technical requirements.
- Railway Supply – The company supplies products primarily to Indian Railways and railway contractors.
- Metro and Renewable Applications – The company also targets applications in metro systems and renewable energy systems in addition to railway electrification.
Product Portfolio
Vans Electroengineerings has a focused product portfolio covering railway electrification and power distribution components.
- Single Pole Vacuum Circuit Breakers
- Double Pole Vacuum Circuit Breakers
- Single Pole Vacuum Interrupters
- Double Pole Vacuum Interrupters
- Overhead Equipment
- Braided Flexible Connectors
- Other related electrical components
Vacuum circuit breakers and vacuum interrupters remain the company’s core product categories. During FY2026, double-pole vacuum interrupters contributed 30.50% of revenue from operations, single-pole vacuum interrupters contributed 20.61%, double-pole vacuum circuit breakers contributed 18.39% and single-pole vacuum circuit breakers contributed 16.01%.
Industry Overview
The Indian railway industry has been undergoing continued investment in electrification, network expansion, safety systems, high-speed connectivity, freight corridors and modernisation. These developments create demand for electrical and traction equipment used in railway infrastructure.
Indian Railways has continued to invest in electrification and infrastructure development. The industry information disclosed in the DRHP highlights railway capital expenditure, network expansion, station redevelopment, dedicated freight corridors, modern train systems and the rollout of safety technologies such as Kavach.
As of March 2025, Indian Railways had electrified 68,701 km, representing 98.83% of its 69,512 km broad-gauge network. Railway capital expenditure for FY2025-26 was targeted at ₹3,02,000 crore, while the Union Budget 2026-27 provided a railway capital expenditure allocation of ₹2.93 trillion.
The railway sector is also witnessing investment in high-speed rail, freight corridors, Vande Bharat trainsets, station redevelopment, digitalisation and railway safety technologies. These developments create opportunities for suppliers of specialised railway electrical and traction equipment.
Vans Electroengineerings operates in a specialised segment where product approvals, technical specifications and quality requirements are important considerations. The company’s RDSO approvals and experience in railway applications form part of its positioning in this market.
Business Strategy
Vans Electroengineerings Limited intends to strengthen its presence in railway electrification and expand its product and engineering capabilities.
- Capitalise on Railway Infrastructure Demand – The company intends to benefit from continued investment in railway electrification, traction systems, modernisation, high-speed rail and related infrastructure.
- Invest in Advanced R&D Capabilities – The company plans to strengthen its research and development capabilities, including development of earthing switches and key multipliers.
- Diversify Product Portfolio – The company intends to expand beyond its core vacuum circuit breakers and vacuum interrupters into complementary products such as single-bottle circuit breakers and earthing switches.
- Maintain Quality Standards – The company focuses on design validation, component inspection, testing and compliance with RDSO requirements and ISO 9001:2015 quality-management standards.
- Expand Customer and Market Reach – The company intends to strengthen relationships with railway customers and contractors across different regions of India.
- Leverage Technical Expertise – The company intends to use the experience of its promoters and management team to strengthen product development, sales, manufacturing and project execution.
Vans Electroengineerings IPO Financial Information
A company’s financial performance provides important information about its revenue growth, profitability, operating margins, net worth, borrowings and financial position. Reviewing multiple years of financial information helps investors understand changes in the company’s operating performance.
Vans Electroengineerings Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹2.60 Crore | ₹13.56 Crore | ₹22.84 Crore |
| Total Income | ₹2.76 Crore | ₹13.82 Crore | ₹23.19 Crore |
| EBITDA | ₹0.02 Crore | ₹2.48 Crore | ₹7.23 Crore |
| Profit Before Tax (PBT) | ₹0.05 Crore | ₹2.31 Crore | ₹7.26 Crore |
| Profit After Tax (PAT) | ₹0.02 Crore | ₹1.73 Crore | ₹5.39 Crore |
| Net Worth | ₹1.05 Crore | ₹3.78 Crore | ₹9.17 Crore |
| Total Assets | ₹6.57 Crore | ₹5.34 Crore | ₹16.85 Crore |
| Total Borrowings | ₹5.17 Crore | ₹1.20 Crore | ₹2.55 Crore |
The company reported significant growth in revenue and profitability between FY2024 and FY2026. Revenue from operations increased from ₹2.60 crore in FY2024 to ₹13.56 crore in FY2025 and ₹22.84 crore in FY2026.
PAT increased from ₹0.02 crore in FY2024 to ₹1.73 crore in FY2025 and ₹5.39 crore in FY2026. Net worth increased from ₹1.05 crore in FY2024 to ₹3.78 crore in FY2025 and ₹9.17 crore in FY2026.
The company’s total borrowings declined from ₹5.17 crore in FY2024 to ₹1.20 crore in FY2025 before increasing to ₹2.55 crore in FY2026.
Statement of Assets, Liabilities and Equity
| Particulars | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Share Capital | ₹2.00 Crore | ₹2.00 Crore | ₹1.00 Crore |
| Reserves & Surplus | ₹7.17 Crore | ₹1.78 Crore | ₹0.05 Crore |
| Total Equity | ₹9.17 Crore | ₹3.78 Crore | ₹1.05 Crore |
| Long-Term Borrowings | Nil | Nil | Nil |
| Short-Term Borrowings | ₹2.55 Crore | ₹1.20 Crore | ₹5.17 Crore |
| Trade Payables | ₹3.25 Crore | ₹0.01 Crore | ₹0.31 Crore |
| Other Current Liabilities | ₹1.01 Crore | ₹0.30 Crore | ₹0.02 Crore |
| Total Assets | ₹16.85 Crore | ₹5.34 Crore | ₹6.57 Crore |
The company’s total equity increased significantly during the reported period, mainly due to growth in reserves and surplus. Total assets increased from ₹6.57 crore in FY2024 to ₹16.85 crore in FY2026, supported largely by growth in trade receivables and inventories.
Statement of Profit and Loss
| Particulars | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Revenue from Operations | ₹22.84 Crore | ₹13.56 Crore | ₹2.60 Crore |
| Other Income | ₹0.35 Crore | ₹0.26 Crore | ₹0.17 Crore |
| Total Income | ₹23.19 Crore | ₹13.82 Crore | ₹2.76 Crore |
| Total Expenses | ₹15.93 Crore | ₹11.51 Crore | ₹2.71 Crore |
| Profit Before Tax | ₹7.26 Crore | ₹2.31 Crore | ₹0.05 Crore |
| Profit After Tax | ₹5.39 Crore | ₹1.73 Crore | ₹0.02 Crore |
| Basic & Diluted EPS | ₹6.74 | ₹3.59 | ₹0.05 |
The company reported substantial improvement in profitability during FY2026. Revenue from operations increased by approximately 68.44% over FY2025, while PAT increased by approximately 213.37%.
The company’s EBITDA increased from ₹2.48 crore in FY2025 to ₹7.23 crore in FY2026, while EBITDA margin increased from 18.27% to 31.63%.
Vans Electroengineerings IPO Key Financial Ratios
| KPI | FY2026 |
|---|---|
| Return on Equity (ROE) | 83.27% |
| Return on Capital Employed (ROCE) | 63.96% |
| Return on Net Worth (RONW) | 58.79% |
| EBITDA Margin | 31.63% |
| PAT Margin | 23.61% |
| Debt-to-Equity Ratio | 0.28 |
| Earnings Per Share (EPS) | ₹6.74 |
| Net Asset Value (NAV) Per Share | ₹45.86 |
| Price to Earnings (P/E) | Not Available |
The company reported an ROE of 83.27%, ROCE of 63.96% and RONW of 58.79% for FY2026. EBITDA margin stood at 31.63%, while PAT margin was 23.61%. The debt-to-equity ratio was 0.28 times.
The DRHP states that there are no listed companies in India engaged in a business line similar to that of Vans Electroengineerings, and therefore a direct industry peer comparison is not available.
Objects of the Vans Electroengineerings IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Meeting the working capital requirements of the company – ₹25.00 Crore.
- General Corporate Purposes.
The DRHP states that ₹25.00 crore is proposed to be utilised towards the company’s working capital requirements. The amount proposed for general corporate purposes will be finalised based on the Issue Price and will not exceed 15% of the Gross Proceeds or ₹10 crore, whichever is lower.
The company intends to finance the stated objects through the net proceeds of the issue.
Vans Electroengineerings IPO Listing Performance
The Vans Electroengineerings IPO is currently a proposed IPO and the price band, issue dates and listing date have not been announced.
| Particular | Value |
|---|---|
| Listing Exchange | BSE SME |
| Listing Date | Oct 7, 2026 |
| Issue Price | ₹112 to ₹118 per share |
| Listing Price | To be determined on October 7, 2026 |
| Listing Gain | ₹118 |
| Listing Gain (%) | 0.00% (Indicative flat listing based on current grey market activity) |
The actual listing price and listing performance will be available only after the IPO price is announced and the company’s shares commence trading on BSE SME.
Vans Electroengineerings IPO Subscription Status
The Vans Electroengineerings IPO has not yet opened for subscription. Therefore, category-wise subscription figures are not available.
Vans Electroengineerings IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | Not Available |
| Non-Institutional Investors (NII) | Not Available |
| Retail Individual Investors (RII) | Not Available |
| Employee Category | Not Available |
| Total Subscription | Not Available |
The final subscription figures will be available after the IPO bidding period begins.
Vans Electroengineerings IPO GMP
The Vans Electroengineerings IPO GMP is currently not available because the IPO price band and subscription dates have not yet been announced.
| Date | GMP |
|---|---|
| 24 September 2026 | Not Available |
Grey Market Premium is an unofficial market indicator and is not part of the formal IPO process. GMP figures can change frequently and should not be treated as an assured listing price or guaranteed return.
Vans Electroengineerings IPO Review
Vans Electroengineerings Limited operates in a specialised engineering segment supplying vacuum circuit breakers, vacuum interrupters and other components used in railway electrification, metro systems and related power applications. The company has developed RDSO-approved products and has received CORE approvals for certain products, supporting its participation in railway procurement processes.
The company has reported strong growth in revenue and profitability. Revenue from operations increased from ₹2.60 crore in FY2024 to ₹22.84 crore in FY2026, while PAT increased from ₹0.02 crore to ₹5.39 crore during the same period. EBITDA margin also increased from 0.94% in FY2024 to 31.63% in FY2026.
The business is exposed to the railway infrastructure sector, where spending on electrification, modernisation, high-speed rail, dedicated freight corridors and safety systems can create demand for specialised electrical equipment. The company also intends to diversify its product portfolio and strengthen its R&D capabilities.
However, the company’s business has customer concentration and dependence on railway and railway-electrification spending. A significant portion of revenue is derived from a limited number of customers, and the company generally executes orders through purchase orders and work orders rather than long-term contractual arrangements with the majority of its customers.
Investors should therefore evaluate the company’s historical growth, working capital requirements, customer concentration, dependence on railway procurement, competitive environment, absence of listed direct peers and the final IPO valuation after the price band is announced.
Vans Electroengineerings IPO Strengths
- Focused presence in the specialised railway electrification and traction power supply segment.
- RDSO approvals for manufacturing and supplying vacuum circuit breakers and vacuum interrupters.
- ISO 9001:2015 certification and in-house engineering, assembly, testing and quality-control capabilities.
- Established product portfolio covering vacuum circuit breakers, vacuum interrupters, overhead equipment and braided flexible connectors.
- Strong growth in revenue and profitability between FY2024 and FY2026.
- Experienced promoter and management team with backgrounds in electrical engineering, railway infrastructure, manufacturing and business operations.
Vans Electroengineerings IPO Risk Factors
- A significant portion of revenue is derived from a limited number of customers in the railway and railway electrification ecosystem.
- The company generally executes orders through purchase orders and work orders and does not have long-term contractual arrangements with a majority of its customers.
- The company derives a significant portion of its revenue from its two key product verticals, vacuum circuit breakers and vacuum interrupters.
- Any reduction in railway infrastructure spending, delay or cancellation of projects or changes in procurement policies could affect business performance.
- The company operates in a specialised industry with evolving technical standards and technological requirements.
- There are no listed Indian companies engaged in a business line similar to the company, limiting direct peer comparison for valuation purposes.
Vans Electroengineerings IPO Promoters
Vans Electroengineerings Limited is promoted by Balakrishnan Srinivasan, Viraj Bansal, Pooja Bansal, Abhishek Saraff, Nitin Jain and Hotspot Infodot Private Limited.
As of the date of the DRHP, the promoter and promoter group held 79,80,000 equity shares, representing 99.75% of the company’s pre-issue paid-up equity share capital.
Vans Electroengineerings IPO Management Team
The company is led by a Board comprising eight directors, including two Joint Managing Directors, one Whole-Time Director, two Non-Executive Directors and three Independent Directors.
| Name | Designation |
|---|---|
| Balakrishnan Srinivasan | Chairman & Joint Managing Director |
| Viraj Bansal | Joint Managing Director |
| Pooja Bansal | Whole-Time Director |
| Abhishek Saraff | Non-Executive Director |
| Nitin Jain | Non-Executive Director |
| Abhishek Mishra | Independent Director |
| Mridusha Havelia | Independent Director |
| Shikhar Gupta | Independent Director |
Balakrishnan Srinivasan has more than 35 years of experience in the electrical and electronics engineering industry and is involved in product development, engineering, project management, production and operations.
Viraj Bansal has experience in railway infrastructure, metal castings and switchgear manufacturing and looks after sales and marketing, accounts and finance, supply-chain and logistics, secretarial and legal functions.
Pooja Bansal has more than 20 years of experience in business administration, procurement, vendor and client coordination and general business management.
Abhishek Saraff has more than 23 years of experience across railway infrastructure, electrical engineering and industrial manufacturing. Nitin Jain has more than 15 years of experience in manufacturing electrical and electronic equipment.
Vans Electroengineerings IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, crediting shares to successful applicants, initiating refunds and handling investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | https://www.bigshareonline.com |
| IPO Allotment Status | To be available after allotment |
| Email ID | [email protected] |
| Contact Number | +91 22 6263 8200 |
Bigshare Services Private Limited is the registrar to the Vans Electroengineerings IPO.
Vans Electroengineerings IPO Lead Manager Details
The Book Running Lead Manager is responsible for managing the IPO process, coordinating regulatory requirements and assisting the company throughout the public issue.
| Particular | Details |
|---|---|
| Lead Manager | Hem Securities Limited |
| Contact Person | Ajay Jain |
| [email protected] | |
| Telephone | +91 22 4906 0000 |
Hem Securities Limited is the Book Running Lead Manager to the issue.
Vans Electroengineerings Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Vans Electroengineerings Limited |
| Registered Office | Plot 17, SIDCO Women’s Industrial Estate, Karuppur, Salem – 636011, Tamil Nadu, India |
| Corporate Office | B-21, Scooter India Ancillary Estate, Nadarganj, Amausi, Lucknow – 226008, Uttar Pradesh, India |
| Website | https://www.vanselectroengineerings.com |
| Email ID | [email protected] |
| Contact Number | +91 9677114470 / +91 522 4558905 |
The registered office and manufacturing facility of Vans Electroengineerings are located in Salem, Tamil Nadu, while the company also maintains a corporate office in Lucknow, Uttar Pradesh.
How to Check Vans Electroengineerings IPO Allotment Status
Investors can check the Vans Electroengineerings IPO allotment status after the basis of allotment is finalised through the registrar’s website or the BSE platform.
Through Bigshare Services Private Limited
- Visit the official Bigshare IPO allotment portal.
- Select Vans Electroengineerings IPO from the IPO list.
- Choose PAN Number, Application Number, or DP/Client ID.
- Enter the required details.
- Click Submit to view the allotment status.
Through BSE
- Visit the BSE IPO allotment or investor services page.
- Select Vans Electroengineerings IPO from the available IPO list.
- Enter your PAN Number or Application Number.
- Complete the verification process if required.
- Click Search to view the allotment result.
The final allotment and listing dates will be announced after the company finalises its IPO schedule.
Vans Electroengineerings IPO Conclusion
Vans Electroengineerings IPO provides an opportunity to participate in a specialised engineering company operating in the railway electrification and traction power supply segment. The company manufactures vacuum circuit breakers, vacuum interrupters and other related components used in railway and power applications.
The company has developed RDSO-approved products and has received CORE approvals for certain products. Its Salem facility provides in-house manufacturing, engineering, assembly, testing and quality-control capabilities.
Financially, the company reported substantial growth between FY2024 and FY2026, with revenue from operations increasing from ₹2.60 crore to ₹22.84 crore and PAT increasing from ₹0.02 crore to ₹5.39 crore. Its FY2026 EBITDA margin was 31.63% and debt-to-equity ratio was 0.28.
However, the company remains exposed to customer concentration, dependence on railway infrastructure spending, order-based business, concentration in key products and changes in technical and procurement requirements. There are also no listed Indian companies with a directly comparable business line, making direct valuation comparison difficult.
Investors should evaluate the final price band, valuation, financial performance, customer concentration, railway-sector dependence, use of IPO proceeds and risk factors after the final IPO details are announced before making an investment decision.
Vans Electroengineerings IPO FAQs
What is Vans Electroengineerings IPO?
Vans Electroengineerings IPO is the proposed SME public issue of Vans Electroengineerings Limited. The issue comprises a fresh issue of up to 28,80,000 equity shares and does not include an Offer for Sale.
What is the price band of Vans Electroengineerings IPO?
The price band of Vans Electroengineerings IPO has not been announced.
What is the issue size of Vans Electroengineerings IPO?
The proposed IPO comprises up to 28,80,000 fresh equity shares of face value ₹10 each. The final issue amount will depend on the Issue Price.
When will the Vans Electroengineerings IPO open?
The IPO opening date has not been announced.
When will the Vans Electroengineerings IPO close?
The IPO closing date has not been announced.
What is the lot size of Vans Electroengineerings IPO?
The minimum bid lot has not been announced in the DRHP.
What is the minimum investment required for Vans Electroengineerings IPO?
The minimum investment cannot be calculated until the company announces the final price band and minimum bid lot.
On which stock exchange will Vans Electroengineerings shares be listed?
The equity shares of Vans Electroengineerings Limited are proposed to be listed on the BSE SME platform.
Who is the registrar for Vans Electroengineerings IPO?
Bigshare Services Private Limited is the registrar to the Vans Electroengineerings IPO.
What does Vans Electroengineerings Limited do?
Vans Electroengineerings Limited manufactures and supplies traction power supply and overhead equipment components used in railway electrification infrastructure, metro systems and renewable energy applications. Its key products include vacuum circuit breakers and vacuum interrupters.
What are the objects of Vans Electroengineerings IPO?
The fresh issue proceeds are proposed to be used primarily for meeting the company’s working capital requirements and for general corporate purposes.
What is the Vans Electroengineerings IPO GMP?
The Vans Electroengineerings IPO GMP is currently not available. GMP is an unofficial market indicator and is not part of the formal IPO process.
When is the Vans Electroengineerings IPO allotment date?
The allotment date has not been announced.
When will Vans Electroengineerings IPO shares be listed?
The listing date has not been announced. The company proposes to list its equity shares on BSE SME.
