Vans Electroengineerings IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 2.76 | 13.82 | 23.19 |
| Expense | 2.71 | 11.51 | 15.93 |
| Profit (PAT) | 0.02 | 1.73 | 5.39 |
| Total Assets | 6.57 | 5.34 | 16.85 |
Strengths & Risks
- Heavily oversubscribed — 628.8x overall (final).
- Strong institutional (QIB) demand — 281.7x.
- Revenue grew 68% in the latest reported year.
- Solid profit margin — 23.2%.
- Strong return on equity — 83%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Vans Electroengineerings
VANS Electroengineerings Limited, incorporated in February 2022, manufactures and supplies components used in railway electrification, metro systems, and renewable energy projects. Moreover, its main customers include Indian Railways and railway contractors. The company has 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) used in railway electrification systems, including traction substations, sectioning posts and feeding posts. Its products are approved by RDSO, and some products have also received “Approved Vendor” status from CORE.
Company Contact Information
Vans Electroengineerings Ltd., Plot 17, SIDCO Women’s Industrial Estate, Karuppur, Salem, Tamil Nadu, 636011
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| To Meet Working Capital Requirements of the Company | 25.00 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
Vans Electroengineerings IPO - Quick Take
Vans Electroengineerings has set a price band of Rs 112–Rs 118 per share for an issue size of Rs 34 crore. The stock listed with a 90.00% gain versus its issue price on October 07, 2026.
The issue is promoted by Balakrishnan Srinivasan, Viraj Bansal, Abhishek Saraff, Nitin Jain, Pooja Bansal and Hotspot Infodot Pvt.Ltd with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards to Meet Working Capital Requirements of the Company (Rs 25 crore) and general Corporate Purpose.
On fundamentals, the company is posting revenue growth of 67.8%, a profit margin of 23.2%, return on equity of 83.3% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Vans Electroengineerings IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 87.3%. Of the 32 SME IPOs we have tracked with a final GMP of 25% or more, 32 listed above, 0 flat and 0 below the issue price; Vans Electroengineerings listed 90% above its issue price.
See the full Vans Electroengineerings GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
Same sector or same stage as Vans Electroengineerings
No comments yet. Be the first to share your opinion!