Vans Electroengineerings SME IPO Subscription
ListedUpdated 7 October 2026, 9:15 AM IST· BSE SME
Vans Electroengineerings SME IPO subscription closed on 1 October 2026 at 628.78x overall by shares. QIB demand came in at 281.65x, NII at 1,032.23x, and retail at 686.27x. See Retail, SHNI, and BHNI allotment chances…
Vans Electroengineerings SME IPO subscription closed on 1 October 2026 at 628.78x overall by shares. QIB demand came in at 281.65x, NII at 1,032.23x, and retail at 686.27x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 5 October 2026. Listing date on NSE and BSE is 7 October 2026.
Vans Electroengineerings SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 29 Sept 2026 | 0.00x | 2.10x | 4.55x | 2.66x |
| Day 2 - 30 Sept 2026 | 0.03x | 71.87x | 101.85x | 64.69x |
| Day 3 - 1 Oct 2026 | 281.65x | 1,031.87x | 686.32x | 628.73x |
Vans Electroengineerings SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Vans Electroengineerings SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 686.27x | 1 in 686 |
| SHNI (Rs 2L to Rs 10L) | 697.49x | 1 in 697 |
| BHNI (above Rs 10L) | 423.29x | 1 in 423 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Vans Electroengineerings SME IPO Allotment Status page from 5 October 2026 for your result.
Vans Electroengineerings SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 118.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.34 Cr | Rs 1,786.67 Cr | 281.65x |
| FII | - | Rs 396.48 Cr | - |
| DFI | - | Rs 108.81 Cr | - |
| Mutual Funds | - | Rs 39.72 Cr | - |
| Other | - | Rs 1,241.66 Cr | - |
| NII | Rs 4.76 Cr | Rs 4,911.11 Cr | 1,032.23x |
| bNII (above Rs 10L) | Rs 3.17 Cr | Rs 3,720.51 Cr | 1,172.98x |
| Corporate | - | Rs 40.33 Cr | - |
| Individual | - | Rs 3,636.33 Cr | - |
| Other | - | Rs 43.85 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.59 Cr | Rs 1,190.60 Cr | 750.73x |
| Corporate | - | Rs 14.08 Cr | - |
| Individual | - | Rs 1,162.51 Cr | - |
| Other | - | Rs 14.02 Cr | - |
| IND | Rs 11.10 Cr | Rs 7,618.59 Cr | 686.27x |
| Fixed price | - | Rs 7,618.59 Cr | - |
| Employee | Rs 56.64 L | Rs 53.81 L | 0.95x |
| Fixed price | - | Rs 53.81 L | - |
| Total | Rs 22.77 Cr | Rs 14,316.91 Cr | 628.78x |
Vans Electroengineerings SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 448 | 137 | 0.31x |
| FII | - | 30 | - |
| DFI | - | 5 | - |
| Mutual Funds | - | 4 | - |
| Other | - | 98 | - |
| NII | 112 | 57,554 | 513.88x |
| bNII (above Rs 10L) | 75 | 31,747 | 423.29x |
| Corporate | - | 318 | - |
| Individual | - | 31,119 | - |
| Other | - | 310 | - |
| sNII (Rs 2L to Rs 10L) | 37 | 25,807 | 697.49x |
| Corporate | - | 287 | - |
| Individual | - | 25,220 | - |
| Other | - | 300 | - |
| IND | 392 | 2,69,018 | 686.27x |
| Fixed price | - | 2,69,018 | - |
| Employee | 40 | 13 | 0.33x |
| Fixed price | - | 13 | - |
| Total | 992 | 3,26,722 | 329.36x |
What Do These Subscription Numbers Mean?
628.78x overall by shares means bids covered about 629 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 281.65x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (513.88x by applications). Split: SHNI 697.49x, BHNI 423.29x by applications. SHNI and BHNI allotment is by lottery.
At 686.27x subscription by applications, about 1 in 686 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Vans Electroengineerings SME IPO GMP After Subscription
GMP for Vans Electroengineerings SME stands at Rs 103.00 today, giving an estimated listing price of Rs 221.00 per share.
The GMP has moved up from Rs 45.00 on 26 Sept 2026 to Rs 103.00 on 7 Oct 2026.
A subscription of 628.78x combined with a GMP of 87.29% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Vans Electroengineerings SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Vans Electroengineerings SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 29 September 2026 |
| IPO Close Date | 1 October 2026 |
| Allotment Date | 5 October 2026 |
| Refund Initiation | 6 October 2026 |
| Share Credit to Demat | 6 October 2026 |
| Listing Date | 7 October 2026 |
| Minimum Investment | Rs 2,83,200.00 |
| Lot Size | 1200 shares |
About Vans Electroengineerings SME
Incorporated in 2022, VANS Electroengineerings Limited is an ISO 9001:2015 certified engineering company specializing in the design, manufacture, and supply of traction power supply and overhead equipment (OHE) system components. Its products are widely used in railway electrification projects, metro rail networks, and renewable energy infrastructure. The company's core product portfolio encompasses Vacuum Circuit Breakers (VCBs) and Vacuum Interrupters (VIs) in both single-pole and double-pole configurations, supplied primarily to Indian Railways and railway electrification contractors.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Vans Electroengineerings SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Vans Electroengineerings SME Details
Issue size, price, financials, and company info
Vans Electroengineerings SME GMP
Live grey market premium and listing estimate
Vans Electroengineerings SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Vans Electroengineerings SME Allotment
Allotment date, chances, and check by PAN
Vans Electroengineerings SME Review
SWOT, strengths, risks, and IPO review
Vans Electroengineerings SME FAQ
Common questions on dates, GMP, and allotment
Vans Electroengineerings SME Registrar
Registrar website and how to check allotment
Vans Electroengineerings SME Timeline
Open, close, allotment, and listing dates
Vans Electroengineerings SME News
Updates, blogs, and latest IPO news
Vans Electroengineerings SME IPO Subscription FAQs
What is Vans Electroengineerings SME IPO subscription status today?
Vans Electroengineerings SME IPO subscription closed on 1 October 2026 with overall subscription of 628.78x (by shares) as of 10 October 2026, 1:01 AM IST. QIB 281.65x, NII 513.88x, IND 686.27x.
What is the overall subscription of Vans Electroengineerings SME IPO?
Vans Electroengineerings SME IPO is subscribed 628.78x overall by shares at close on 1 October 2026. QIB 281.65x, NII 513.88x, and IND 686.27x.
What is Vans Electroengineerings SME IPO QIB subscription?
Vans Electroengineerings SME IPO QIB (Qualified Institutional Buyers) subscription is 281.65x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Vans Electroengineerings SME IPO IND subscription?
Vans Electroengineerings SME IPO IND subscription is 686.27x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Vans Electroengineerings SME IPO NII, SHNI, and BHNI subscription?
Vans Electroengineerings SME IPO NII subscription is 513.88x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 697.49x and BHNI (above Rs 10L) at 423.29x.
What are Vans Electroengineerings SME IPO retail allotment chances?
At 686.27x subscription by applications, about 1 in 686 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Vans Electroengineerings SME IPO SHNI allotment chances?
At 697.49x subscription by applications, about 1 in 697 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 750.73x. Allotment chances use applications, not share volume.
What are Vans Electroengineerings SME IPO BHNI allotment chances?
At 423.29x subscription by applications, about 1 in 423 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 1,172.98x. Allotment chances use applications, not share volume.
When is Vans Electroengineerings SME IPO allotment date?
Vans Electroengineerings SME IPO allotment date is 5 October 2026. Check Vans Electroengineerings SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Vans Electroengineerings SME IPO subscription close?
Vans Electroengineerings SME IPO subscription closed on 1 October 2026. No new applications are accepted after the close.
What is Vans Electroengineerings SME IPO GMP today?
Vans Electroengineerings SME IPO GMP is ₹103 today (+87.29% over issue price ₹118). See live GMP on the Vans Electroengineerings SME IPO GMP Today page.
What is Vans Electroengineerings SME IPO issue price and lot size?
Vans Electroengineerings SME IPO issue price is ₹118 per share. Lot size is 1200 shares. Minimum investment is ₹2,83,200 per lot (minimum 2 lots for SME). Issue size: ₹33.98 Cr.
When is Vans Electroengineerings SME IPO listing date?
Vans Electroengineerings SME IPO listing date is 7 October 2026 on NSE and BSE. Allotment is on 5 October 2026.
How does subscription affect Vans Electroengineerings SME IPO allotment?
In Vans Electroengineerings SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 628.78x overall, competition is very high.
For allotment results from 5 October 2026, visit the Vans Electroengineerings SME IPO Allotment Status page. For listing day updates on 7 October 2026, download the IPOwiz App.
Sources
We match Vans Electroengineerings SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.