Vans Electroengineering IPO Subscription Status Day 1: Issue Subscribed 2.65 Times

Authored By HDFC SKY | Published at: Sep 29, 2026 05:56 PM IST

Vans Electroengineering IPO Day 1 subscription status stood at 2.65x, with individual investors at 4.54x, NII at 2.10x and QIB at 0.00x as of September 29, 2026.

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Mumbai, September 29: Vans Electroengineering IPO opened for subscription on September 29, 2026, and will close on October 1, 2026. The bookbuilding issue comprises an entirely fresh issue of 28.80 lakh shares aggregating up to ₹33.98 crore. The price band is fixed at ₹112 to ₹118 per share. The lot size is 1,200 shares, while individual investors need to apply for a minimum of two lots, or 2,400 shares, requiring an investment of ₹2,83,200 at the upper price band.

Vans Electroengineering IPO Day 1 Subscription Status

As of 5:04:17 PM on September 29, 2026, the Vans Electroengineering IPO had received bids for 51,19,200 shares against 19,29,600 shares offered, resulting in a cumulative subscription of 2.65 times.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	5,37,600	0	0.00x
NII	4,03,200	8,47,200	2.10x
bNII (>₹10L)	2,66,400	4,69,200	1.76x
sNII (<₹10L)	1,36,800	3,78,000	2.76x
Individual Investors	9,40,800	42,68,400	4.54x
Employees	48,000	3,600	0.08x
Total	19,29,600	51,19,200	2.65x

The subscription data was updated at 5:04:17 PM on September 29, 2026, marking Day 1 of the issue.

Vans Electroengineering Day-wise Subscription Summary

The available subscription data covers September 29, 2026, the first day of the issue.

Date	QIB (Ex Anchor)	NII	bNII (>₹10L)	sNII (<₹10L)	Individual Investors	Employee	Total
September 29, 2026 (Day 1)	0.00x	2.10x	1.76x	2.76x	4.54x	0.08x	2.65x

Vans Electroengineering IPO Timeline

IPO Milestone	Date
Issue Open Date	September 29, 2026
Issue Close Date	October 1, 2026
Basis of Allotment Date	October 5, 2026
Initiation of Refunds	October 6, 2026
Credit of Shares	October 6, 2026
Listing Date	October 7, 2026

Brief Overview Of The Vans Electroengineering IPO

Vans Electroengineering IPO is a ₹33.98 crore bookbuilding issue comprising a fresh issue of 28.80 lakh shares. The issue opened for subscription on September 29, 2026, and will close on October 1, 2026. The price band has been fixed at ₹112 to ₹118 per share, with a lot size of 1,200 shares. Individual investors need to apply for a minimum of two lots, or 2,400 shares, amounting to ₹2,83,200 at the upper price band. The minimum application for HNI investors is three lots, or 3,600 shares, requiring ₹4,24,800 at the upper price band. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 7, 2026. Hem Securities Ltd. is the book running lead manager, while Bigshare Services Pvt. Ltd. is the registrar to the issue.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4869&type=IPO&idtype=1&status=L&IPONo=8019&startdt=29%2F09%2F2026

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