Vectras Enprocon IPO Subscription Status Day 2: Issue Subscribed 1.31 Times

Mumbai, November 02: The VectrasEnprocon IPO was subscribed 1.31 times overall as of 5:05:07 PM IST on November 2, 2026, the second day of bidding, according to the subscription figures provided. The qualified institutional buyers (QIB) category, excluding anchor investors, recorded 1.42 times subscription, while individual investors registered 1.33 times. The non-institutional investor (NII) segment stood at 1.13 times subscription at the reported snapshot time. The book-built issue is valued at approximately ₹53.05 crore and comprises a fresh issue of 40.56 lakh equity shares aggregating ₹42.59 crore, alongside an offer for sale of 9.96 lakh shares worth ₹10.46 crore. The IPO price band has been fixed at ₹99 to ₹105 per share, with a face value of ₹10 each. Subscription opened on October 30, 2026, and is scheduled to close on November 3, 2026. The tentative allotment date is November 4, 2026. Refunds and credit of shares are scheduled for November 5, while the company’s equity shares are expected to list on the BSE SME platform on November 6, 2026.

VectrasEnprocon IPO Day 2 Subscription Status

As of 5:05:07 PM IST on November 2, 2026, the Vectras Enprocon IPO had received bids for 44,04,000 equity shares against 33,60,000 shares available for public subscription, excluding the anchor investor and market maker portions. The QIB category, excluding anchor investors, received bids for 13,58,400 shares against an allocation of 9,60,000 shares. Individual investors submitted bids for 22,29,600 equity shares against 16,80,000 shares reserved for the category. The NII segment received bids for 8,16,000 shares against 7,20,000 shares offered. Within this category, big non-institutional investors (bNII) placed bids for 5,06,400 shares against an allocation of 4,82,400 shares, while small non-institutional investors (sNII) submitted bids for 3,09,600 shares against 2,37,600 shares available.

The category-wise subscription position at the reported snapshot time was as follows:

Investor Category	Shares Offered	Shares Bid For	Subscription (Times)
QIB (Ex Anchor)	9,60,000	13,58,400	1.42x
NII/HNI	7,20,000	8,16,000	1.13x
bNII (Above ₹10 lakh)	4,82,400	5,06,400	1.05x
sNII (Below ₹10 lakh)	2,37,600	3,09,600	1.30x
Individual Investors (Retail)	16,80,000	22,29,600	1.33x
Total	33,60,000	44,04,000	1.31x

The IPO also includes an anchor investor allocation of 14,38,800 shares and a market maker reservation of 2,53,200 shares. Both portions recorded bids covering their respective allocated quantities. These reservations are excluded from the overall public subscription calculation.

Vectras Enprocon IPO Day-wise Subscription Summary

The Vectras Enprocon IPO opened for public subscription on October 30, 2026, and is scheduled to close on November 3, 2026. The supplied subscription records cover the first two bidding days, including the Day 2 snapshot captured at 5:05:07 PM IST on November 2, 2026.

The day-wise subscription figures are presented below.

Date	QIB (Ex Anchor)	NII	Individual Investors	Total Subscription
October 30, 2026 (Day 1)	1.42x	1.30x	1.03x	1.20x
November 2, 2026 (Day 2, 5:05:07 PM IST)	1.42x	1.13x	1.33x	1.31x

The IPO recorded an overall subscription of 1.20 times on its opening day. By the second day’s reported snapshot, the total had reached 1.31 times. The QIB category maintained the same reported subscription multiple across both days, while the retail segment recorded an increase in its subscription level. The NII category showed a lower multiple on Day 2 compared with the opening day’s reported figure. Within the NII segment, subscription among small non-institutional investors rose from 1.03 times on Day 1 to 1.30 times on Day 2, while the big non-institutional investor category recorded a decline from 1.43 times to 1.05 times. The IPO is scheduled to remain open for one more bidding day, with subscription closing on November 3, 2026.

Vectras Enprocon IPO Timeline

The Vectras Enprocon IPO opened for bidding on October 30, 2026, and is scheduled to close on November 3, 2026. The tentative timetable covers allotment, refunds, credit of shares and listing on the BSE SME platform.

IPO Event	Date
Issue Open Date	October 30, 2026
Issue Close Date	November 3, 2026
Allotment Date	November 4, 2026
Initiation of Refunds	November 5, 2026
Credit of Shares	November 5, 2026
Tentative Listing Date	November 6, 2026
Listing Platform	BSE SME

Brief Overview of the Vectras Enprocon IPO

Vectras Enprocon’s IPO is a book-built public issue aggregating approximately ₹53.05 crore. The offering combines a fresh issue of 40.56 lakh equity shares valued at ₹42.59 crore with an offer-for-sale component of 9.96 lakh shares amounting to ₹10.46 crore. The total issue comprises 50,52,000 equity shares, including 2,53,200 shares reserved for the market maker. The remaining 47,98,800 shares form the net offer, including the anchor investor allocation. Of the net offer, 23,98,800 shares have been allocated to qualified institutional buyers, representing approximately 49.99%. This includes 14,38,800 shares for anchor investors and 9,60,000 shares for other QIBs. Non-institutional investors have been allocated 7,20,000 shares, while 16,80,000 shares are reserved for individual investors. The IPO price band has been fixed at ₹99 to ₹105 per equity share, with a face value of ₹10 each. The lot size is 1,200 shares. Individual investors are required to apply for a minimum of two lots, equivalent to 2,400 shares, involving an investment of ₹2,52,000 at the upper end of the price band. For small non-institutional investors (sHNI), the minimum application size is three lots or 3,600 shares, amounting to ₹3,78,000 at the upper price. Big non-institutional investors (bHNI) have a minimum application requirement of eight lots, equivalent to 9,600 shares and an investment of ₹10,08,000. Beeline Capital Advisors Pvt. Ltd. is the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. serves as the registrar. Spread X Securities Pvt. Ltd. has been appointed as the market maker. The IPO opened for subscription on October 30, 2026, and is scheduled to close on November 3, 2026. The Allotment is tentatively expected to be finalised on November 4, followed by refunds and credit of shares on November 5. Vectras Enprocon is expected to list on the BSE SME platform on November 6, 2026.

Source: 

• https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4918&type=IPO&idtype=1&status=L&IPONo=8072&startdt=30%2F10%2F2026