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Vans Electroengineerings IPO
725.05xsubscribed

Vans Electroengineerings IPO

Engineering
listed
₹2.69LMin. investment

Vans Electroengineerings Limited IPO Details

SectorEngineering
Price range₹112 – ₹118
IPO type
SME
Lot size1200 shares
Issue size₹34Cr
Red Herring Prospectus
Read
Market cap
₹128.38CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹22.84CrLower than sector avg
Growth rate3Y CAGR
196%Higher than sector avg

Vans Electroengineerings IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Sep-26
0.0 times (X)
6.19 times (X)
4.54 times (X)
3.08 times (X)
30-Sep-26
0.03X
210.77X
100.55X
74.22X
01-Oct-26
281.65X
3039.55X
678.88X
725.05X

As on 29-Sep-26, 5:00 PM

Vans Electroengineerings IPO Timeline

  1. Pre-apply
    28 Sep 2026
  2. Bid start
    29 Sep 2026
  3. Bid end
    1 Oct 2026
  4. Allotment
    5 Oct 2026
  5. Release of funds
    6 Oct 2026
  6. Demat transfer
    6 Oct 2026
  7. Listing
    7 Oct 2026

About Vans Electroengineerings Limited

Vans Electroengineerings is an ISO 9001:2015 certified manufacturer and supplier of traction power supply and overhead equipment system components for Indian railway electrification infrastructure, metro systems and renewable energy systems. Its core products are single- and double-pole vacuum circuit breakers and vacuum interrupters, supplied mainly to Indian Railways and railway contractors.
In FY26, double-pole vacuum interrupters contributed 30.50%, single-pole vacuum interrupters 20.61%, double-pole vacuum circuit breakers 18.39% and single-pole vacuum circuit breakers 16.01%. Overhead equipment contributed 12.22%, braided flexible connectors 1.80% and other products 0.48%. The company sells to businesses and government entities. B2B sales contributed 86.76% of FY26 revenue, and B2G sales 13.24%. The FY26 regional mix was North 36.12%, West 31.13%, South 25.61%, Central 4.31% and East 2.83%.
Manufacturing, assembly, testing and quality control are undertaken at the Salem, Tamil Nadu facility. Each of the four core product lines had an annual installed capacity of 450 units on a single eight-hour shift, or 1,800 units in aggregate. Total production increased from 57 units in FY24 to 478 units in FY26. FY26 capacity utilisation was 16.66% for double-pole vacuum circuit breakers, 23.11% for single-pole vacuum circuit breakers, 23.55% for double-pole vacuum interrupters and 42.88% for single-pole vacuum interrupters.
The facility integrates structural assembly, mechanism and pole-part integration, control wiring, validation and dispatch. The company uses in-house testing infrastructure and external testing or inspection agencies for specified checks. Its primary inputs include insulator assemblies, porcelain insulators, gearbox castings and structures.

Checklist

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Objectives of Vans Electroengineerings Limited IPO

Working capital
73.50%
The company will utilise ₹25 crore to fund working capital requirements
General corporate purposes
26.40%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹22.84Cr196%₹5.39Cr₹128.38Cr17.510.28
This sector (avg.)₹342.41Cr0.01%₹38.53Cr₹1,862.48Cr31.540.53
₹10,670.1Cr---₹1,263.5Cr₹39,460.23Cr31.400.10
₹2,217.81Cr---₹423.66Cr₹10,977.95Cr26.730
₹3,087.59Cr---₹471.9Cr₹9,693.55Cr18.040.01

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Vans Electroengineerings IPO Contact Details

Company NameVans Electroengineerings Limited

How to apply for Vans Electroengineerings IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Vans Electroengineerings Limited IPO FAQs

Investors can apply for the Vans Electroengineerings IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Vans Electroengineerings IPO is 34 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Vans Electroengineerings IPO will be open between 2026-09-29 and 2026-10-01.
Vans Electroengineerings IPO allotment date is 2026-10-06. For Vans Electroengineerings IPO allotment status check, you can visit the website of the registrar of the IPO.
For Vans Electroengineerings IPO, the IPO registrar is BIGSHARE SERVICES PRIVATE LIMITED. You can check Vans Electroengineerings IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Vans Electroengineerings IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Vans Electroengineerings IPO lot size is 1200 and minimum order quantity is 2400.
Vans Electroengineerings IPO has set the price band for its IPO at 118 per equity share with a face value of 10.