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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Vans Electroengineerings Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹118
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,41,600
Issue Size
₹33.98 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.03%
QIB Quota
49.96%
NII Quota
15.01%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
90.75%
Promoter Holding (Post-Issue)
66.73%
Issue Type
Book Building - SME
ISIN
INE2SO401011
We are an ISO 9001:2015 certified company, engaged in the business of manufacturing and supplying components of traction power supply and overhead equipment system used in Indian railway electrification infrastructure and metro systems along with renewable energy systems. The aforementioned equipment is mainly supplied to Indian Railways and railway contractors.
Our Company was originally incorporated as a Private Limited Company in the name of "VANS Electroengineerings Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated on February 07, 2022 issued by the Registrar of Companies, Central Registration Centre, bearing CIN: U31900TZ2022PTC038141. Subsequently, our Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on May 06, 2026 and consequently the name of our Company was changed from "VANS Electroengineerings Private Limited" to "VANS Electroengineerings Limited" vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated May 21, 2026 issued by the Registrar of Companies, Central Processing Centre, bearing CIN: U31900TZ2022PLC038141. Further, a Certificate of Registration of the Special Resolution Confirming Alteration of Object Clause(s) dated May 26, 2026 issued by the Registrar of Companies, Central Processing Centre bearing CIN: U27104TZ2022PLC038141.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of 28,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Vans Electroengineerings Limited ("the Company" or "the Issuer") at an issue price of Rs. 118 per equity share (including share premium of Rs. 108 per equity share) for cash, aggregating to Rs. 33.98 Crores ("Public Issue") comprising of a fresh issue of 28,80,000 equity shares aggregating to Rs. 33.98 Crores (the "Fresh Issue") out of which 1,46,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 118 per equity share for cash, aggregating Rs. 1.73 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion") and 48,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 118 per equity share for cash, aggregating to Rs. 0.57 Crores will be reserved for subscription by the eligible employees (the "Employee Reservation Portion"). The public issue less market maker reservation portion and employee reservation portion i.e. Issue of 26,85,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 118 per equity share for cash, aggregating to Rs. 31.69 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 24.68% respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 118 per equity share of face value Rs. 10/- each. The floor price is (Rs.118) 11.8 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.