About Vans Electroengineerings Ltd IPO
VANS Electroengineerings IPO is a Rs.33.98 crore BSE SME public issue comprising a fresh issue of 28.80 lakh equity shares. The IPO will open on September 29 and close on October 1, 2026, with a price band of Rs.112–Rs.118 per share.
Hem Securities Limited is the lead manager, while Bigshare Services Private Limited is the registrar to the issue. The company is promoted by Balakrishnan Srinivasan, Viraj Bansal, Abhishek Saraff, Nitin Jain, Pooja Bansal and Hotspot Infodot Pvt. Ltd.
The proceeds are primarily intended to meet the company's working capital requirements, with the remaining amount allocated towards general corporate purposes.
About VANS Electroengineerings Ltd.
Incorporated in February 2022, VANS Electroengineerings Limited manufactures and supplies components used in railway electrification, metro systems and renewable energy applications. The company primarily supplies Indian Railways and railway contractors and operates from its registered office and manufacturing facility in Salem, Tamil Nadu.
Its product portfolio includes Single Pole and Double Pole Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs), used in traction substations, sectioning posts, feeding posts and other railway electrification systems. Some of its products are approved by the Research Designs and Standards Organization (RDSO), while the company has also received approvals from the Central Organization for Railway Electrification (CORE), including Approved Vendor status for certain products.
The manufacturing facility is equipped with busbar multi-processing and horizontal bandsaw machines, along with in-house testing and quality control facilities. The company also works with the Korea Electrotechnology Research Institute (KERI), South Korea and Central Power Research Institute (CPRI), Bengaluru for product testing and compliance with standards including IEC 62505-1:2016 and IEC 62271-100/2017-07.
VANS Electroengineerings is supported by a management team with experience in electrical and electronics engineering, railway infrastructure, switchgear and industrial manufacturing. As of August 31, 2026, the company had 33 employees across manufacturing, product development, quality control, finance, administration, operations, purchase and stores.
VANS Electroengineerings IPO is a Rs.33.98 crore BSE SME public issue comprising a fresh issue of 28.80 lakh equity shares. The IPO will open on September 29 and close on October 1, 2026, with a price band of Rs.112–Rs.118 per share. Hem Securities Limited is the lead manager, while Bigshare Services Private Limited is the registrar to the issue. The company is promoted by Bala
Vans Electroengineerings IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 14,40,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 4,32,000 crores |
| Retail Individual Investors (RIIs) | 35% | 10,08,000 crores |
Vans Electroengineerings IPO Strengths & Weaknesses
Focused presence in a specialised market with emphasis on quality and timely delivery.
Established customer base and geographical presence.
RDSO-approved products and established quality assurance processes.
In-house engineering, assembly, testing and quality control capabilities.
Vans Electroengineerings IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 05 Oct '26 | 07 Oct '26 | 06 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 28,80,000 shares (aggregating up to To be announced) |
| Fresh Issue | 2,73,360 shares (aggregating up to ₹27,33,600 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Vans Electroengineerings IPO Lot Size and Investment Details
| Minimum Lot Size | 1,200 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Vans Electroengineerings ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Vans Electroengineerings IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Vans Electroengineerings IPO Contact & Registrar Details
Contact Details
Address
Plot 17 SIDCO Women's Industrial Estate Karuppur Salem
Phone Number
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Vans Electroengineerings Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Hem Securities Ltd. |