Electrical Engineering & Equipment - Listed on 07 October 2026
Vans Electroengineerings (Electrical Engineering & Equipment) closed its IPO window in 2026 and listed on NSE and BSE on 07 October 2026 at an upper band issue price of Rs 118, opening at Rs 224.2 for a listing gain of +90.0%. The IPO was subscribed 584.44x overall - QIB 281.60x, HNI/NII 757.30x, Retail 686.30x. The total issue size was Rs 33.98 Cr (Fresh Issue Rs 33.98 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Electrical Engineering & Equipment
Vans Electroengineerings operates in the Electrical Engineering & Equipment space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Vans Electroengineerings issue was offered at an upper price of Rs 118 and raised approximately Rs 33.98 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | Rs 103 | +87.29% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Vans Electroengineerings IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Vans Electroengineerings IPO listed at +90.0% versus the upper issue price of Rs 118 on 07 October 2026.
Vans Electroengineerings IPO was subscribed 584.44x overall. QIB portion was subscribed 281.60x, HNI / NII 757.30x and Retail 686.30x.
Day-by-day IPO GMP data for Vans Electroengineerings is listed in the table above.