Grey-market premium (% of issue price) since we began tracking this IPO. GMP is unofficial and volatile.
Issue breakup
● Fresh issue 100%
₹34 Cr fresh. Fresh issue raises new capital for the company; OFS is existing shareholders selling their stake.
Subscription by category
Category
Subscription
NII
2.10x
Retail
4.55x
Employee
0.08x
Total
2.66x
Lot size
Application
Lots
Shares
Amount
Individual investors (IND) (Min)
2
2400
₹2,83,200
Individual investors (IND) (Max)
2
2400
₹2,83,200
S-HNI (Min)
3
3600
₹4,24,800
S-HNI (Max)
7
8400
₹9,91,200
B-HNI (Min)
8
9600
₹11,32,800
Employee (Min)
2
2,400
₹2,83,200
Employee (Max)
3
3,600
₹4,24,800
Registrar
Bigshare Services
Handles share allotment, refunds and the demat credit for this IPO.
About the company
Updated on Sep 28, 2026 Incorporated in February 2022, VANS Electroengineerings Limited is engaged in the manufacturing and supply of components used in traction power supply and overhead equipment systems for Indian railway electrification infrastructure, metro systems and renewable energy applications. Its products are primarily supplied to Indian Railways and railway contractors, and the Company operates from its registered office and manufacturing facility in Salem, Tamil Nadu. The Company manufactures Single Pole and Double Pole Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs) for applications including traction substations, sectioning posts, feeding posts and other railway electrification systems. Its product portfolio includes products approved by the Research Designs and Standards Organization (RDSO), and the Company has received approvals from the Central Organization for Railway Electrification (CORE), including “Approved Vendor” status for certain products.
Closing-day cut-off times (Thu 01-Oct)
Category
Bid by (IST)
QIB
4:00 PM
NII / HNI
4:00 PM
Retail
5:00 PM
UPI mandate approval
5:00 PM
Exchange cut-offs on the closing day. Your broker may set an earlier internal deadline — apply well before, and approve the UPI mandate before 5:00 PM. Times can change; verify with your broker.
Aggregated by CoinWhisperer for convenience. Figures (GMP, subscription, price band) can change and may be delayed — always verify on the official source and with your broker before applying. Do your own research.