About Vectras Enprocon
Oil & Gas Infrastructure / EPC
The company serves public-sector and private-sector customers in the oil and gas industry. Its project portfolio covers multiple Indian states, including Gujarat, Maharashtra, Punjab, Bihar and Odisha. As of September 30, 2026, its unexecuted order book stood at ₹183.28 Cr across 34 projects. The order book comprised ₹116.29 Cr from combined oil and gas station works, ₹59.46 Cr from pipeline works and ₹7.53 Cr from other allied infrastructure services. The company had approximately 990 employees as of September 30, 2026. Its promoters are Naynesh Kanubhai Patel and Maheshkumar Gopalbhai Patel.
IPO_DETAILS_LONG: Vectras Enprocon IPO is a BSE SME book-built issue of 50,52,000 equity shares at ₹99 to ₹105 per share. The IPO opens on October 30, 2026 and closes on November 3, 2026. Allotment is scheduled for November 4, refunds and demat credit for November 5, and listing for November 6, 2026. The issue comprises 40,56,000 fresh shares and 9,96,000 shares offered for sale by existing shareholders. The company will use ₹14 Cr towards repayment or prepayment of borrowings and ₹20 Cr towards long-term working capital requirements. The remaining net proceeds are allocated to general corporate purposes and issue-related expenses.