Vectras Enprocon IPO

Vectras Enprocon Ltd. is a Gujarat-based Engineering, Procurement and Construction (EPC) company serving the midstream and downstream segments of the oil and gas industry. Its main activities include laying oil and gas pipelines, constructing combined stations and developing related infrastructure for refineries, petrochemical complexes, gas processing units, terminals and petroleum depots. 

The Company also provides civil and infrastructure works, electrical and instrumentation services, and inspection, testing and safety auditing. As of September 30, 2026, its unexecuted order book for oil and gas pipeline projects stood at ?18,327.88 lakh, while its order book for combined station works was ?15,088.80 lakh as of August 31, 2025. It has completed over 3,34,000 inch-diameter piping, 785 inch-kilometres of pipelines and four combined station projects. 

Vectras Enprocon serves public and private sector oil and gas companies across multiple Indian states. Its capabilities cover project design, engineering, procurement, construction, testing and commissioning. The Company maintains certifications for quality, safety, environmental and instrumentation standards. As of September 30, 2026, it had 990 employees across its various divisions.

Vectras Enprocon IPO Objects

The Company plans to utilise the net proceeds from the IPO for the following purposes:

• To repay or prepay, in full or in part, certain outstanding borrowings, with an estimated allocation of ?14 crore.

• To meet the Company’s working capital requirements, amounting to ?20 crore.

• To meet general corporate purposes.

The total estimated amount allocated to these objectives is ?34 crore.