Vans Electroengineerings Limited

SMElistedBSE SME

29 Sep 2026 – 01 Oct 2026

LISTED

Offer Price

₹112–118

Bid lot

1200

Min Application

₹2,83,200

Issue Size

₹34 Cr

Key dates

Open date

29 Sep 2026

Done

Close date

01 Oct 2026

Done

Basis of allotment

05 Oct 2026

Done

Initiation of refunds

05 Oct 2026

Done

Credit to demat

05 Oct 2026

Done

Listing date

07 Oct 2026

Done

Issue reservation

₹34 Cr

QIB 46.58%9.33%Retail 32.67%5.08%

QIB

13.4 L sh · ₹15.84 Cr

46.58%

HNI (10L+)

2.7 L sh · ₹3.17 Cr

9.33%

HNI (2-10L)

1.3 L sh · ₹1.59 Cr

4.67%

Retail

9.4 L sh · ₹11.11 Cr

32.67%

Employee

48,000 sh · ₹56,64,000

1.67%

Market maker

1.5 L sh · ₹1.73 Cr

5.08%

Applications required for 1× subscription

Retail (≤₹2L)

392 forms

S-HNI (₹2–10L)

37 forms

B-HNI (>₹10L)

28 forms

From this issue's reservation split and lot size — the minimum bid each category can place.

BRLM: Hem Securities Limited

Lot ladder — how much to bid

1 lot = 1200 shares

Individual · up to ₹2 L2+ lots

Min · 2 lots

2,400 sh · ₹2,83,200

Entry point

₹2,83,200 onward

sHNI · ₹2 L to ₹10 L3+ lots

Min · 3 lots

3,600 sh · ₹4,24,800

Entry point

₹4,24,800 onward

bHNI · Above ₹10 L8+ lots

Min · 8 lots

9,600 sh · ₹11,32,800

Entry point

₹11,32,800 onward

Issue details

Lead managersHem Securities Limited

Fresh issue28,80,000 sh · ₹34 Cr

Face value₹10

Listing onBSE SME

RegistrarBigshare Services Pvt.Ltd.

Grey-market sentiment

No grey-market data yet.

Financials

Particulars	FY26	FY25	FY24
Assets	16.85	5.34	6.57
Total Income	23.19	13.82	2.76
Profit After Tax (PAT)	5.39	1.73	0.02
Net Worth	9.17	3.78	1.05
Reserves & Surplus	7.17	1.78	0.05
Total Borrowings	2.55	1.2	5.17

Objects of the issue

Working Capital Requirements: ₹25.00 crore
General Corporate Purposes: Balance unallocated Net Proceeds

About the company

VANS Electroengineerings Limited, incorporated in February 2022, manufactures and supplies components for railway electrification, metro systems and renewable energy applications. Its key products include Single Pole and Double Pole Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs), primarily supplied to Indian Railways and railway contractors.

The Company operates a manufacturing facility in Salem, Tamil Nadu, equipped with modern machinery and in-house testing and quality control infrastructure. Its products include RDSO-approved offerings, with certain products receiving CORE “Approved Vendor” status. The Company also works with KERI, South Korea and CPRI, Bengaluru for product testing and compliance with relevant IEC standards.

Supported by an experienced management team in electrical engineering, switchgear and railway infrastructure, the Company focuses on product development, manufacturing, quality control and supply. As of August 31, 2026, it had 33 employees.

Company strengths

Niche Market Focus with Quality & Timely Delivery
Established Customer Base & Strong Geographical Presence
Quality Standards & RDSO-Approved Products
Integrated Engineering, Assembly & Testing Capabilities

Promoters

Viraj BansalAbhishek SaraffNitin JainPooja BansalHotspot Infodot Private Limited

Registered office & contact

Vans Electroengineerings Limited

Address - Plot 17

SIDCO Women's Industrial Estate

Karuppur

Salem, Tamil Nadu, 636011

📞 9677114470

✉️ cs@vanselectroengineerings.com

How to apply

1Create your account & log inSign up on Investoyard and complete a quick KYC.

2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.

3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.

4Approve the UPI mandateYou receive a fund-block request on your UPI app.

5DoneFunds stay blocked until allotment, then auto-debited (or released).

Frequently asked questions

What is the minimum investment in the VANS ELECTROENGINEERINGS LIMITED IPO?

One lot of 1200 shares — ₹2,83,200 at the upper price band of ₹118.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-10-07 on BSE SME.

₹112–118

Applications are closed.