VANS ElectroEngineerings Shares Rise 90% On BSE Debut

Mumbai, October 7: VANS ElectroEngineerings shares debuted at ₹224.20 on the BSE SME on October 7, 2026, against the IPO issue price of ₹118 per share. The listing price represented a 90% premium to the issue price.

Market snapshot showed a volume of 4,84,800 shares

VANS ElectroEngineerings Shares List At ₹224.20 Against ₹118 Issue Price

VANS ElectroEngineerings shares made their debut at ₹224.20 on the BSE SME, ₹106.20 above the final IPO issue price of ₹118. The listing price was 90% higher than the price at which shares were allotted to IPO investors.

The IPO had a price band of ₹112–₹118 per share, with the final issue price fixed at the upper end of the band. The company was listed on the BSE SME on October 7, 2026.

At 9:44 AM IST, the displayed market price remained at ₹224.20, matching the listing level. The accompanying chart showed the shares opening at the same level before remaining around that price during the displayed period.

IPO Structure And Issue Details

The VANS ElectroEngineerings IPO was entirely a fresh issue of 27.34 lakh shares, aggregating to approximately ₹32 crore at the upper end of the price band. There was no offer-for-sale component.

The total issue comprised 28.80 lakh shares, including 1.46 lakh shares reserved for the market maker. After the market-maker reservation, 27.34 lakh shares were offered to public investors.

The IPO opened on September 29, 2026, and closed on October 1, 2026. The issue price was fixed at ₹118 per share, while the lot size was 1,200 shares.

At the upper end of the price band, the minimum retail application amounted to ₹2,83,200 for 2,400 shares, according to the IPO details.

IPO Subscription Data

The VANS ElectroEngineerings IPO was subscribed 628.73 times overall, according to the final subscription data. The QIB portion, excluding anchor investors, was subscribed 281.65 times.

The NII category recorded 1,031.87 times subscription, while the individual investor category was subscribed 686.32 times. Within the NII segment, applications above ₹10 lakh were subscribed 1,183 times, while the segment below ₹10 lakh recorded 737.56 times subscription.

The IPO received total bids for 1,21,31,96,400 shares against 19,29,600 shares offered across the relevant public categories. The issue received 3,28,028 applications in total.

Conclusion

VANS ElectroEngineerings entered the BSE SME market at ₹224.20 on October 7, 2026, compared with its ₹118 IPO issue price. The ₹34 crore issue was entirely a fresh issue and received 628.73 times overall subscription, with QIB, NII and individual investor categories recording high subscription levels.

Source:

• https://www.bseindia.com/stock-share-price/vans-electroengineerings-ltd/vans/544971