Vans Electroengineerings Share Price: Stock Lists at ₹224.20 With a 90.00% Premium on BSE

On October 7, 2026, Vans Electroengineerings Limited shares made their market debut on the Bombay stock exchange. 

The stock listed at ₹224.20 on the Bombay Stock Exchange (BSE), reflecting a 90% premium over its IPO issue price of ₹118.00 per share. 

Vans Electroengineerings IPO Overview 

Vans Electroengineerings IPO is a book build issue of ₹33.98 crore. The issue is a pure fresh issue of 27.34 lakh shares aggregating to ₹32.00 crore. 

The bidding opened for subscription on September 29, 2026, and closed on October 1, 2026. The allotment is expected to be finalised on October 5, 2026, with a tentative listing date fixed as October 7, 2026, on the NSE and BSE. 

The final issue price is set at ₹118 per share, with a minimum lot size of 1200 shares requiring a retail investment of ₹141,600. Hem Securities Limited is the book running lead manager and Bigshare Services Private Limited is the registrar. 

Vans Electroengineerings IPO subscribed 628.73 times. 

Business Overview of Vans Electroengineerings 

Incorporated in February 2022, VANS Electroengineerings Limited is engaged in the manufacturing and supply of components used in traction power supply and overhead equipment systems for Indian railway electrification infrastructure, metro systems and renewable energy applications. 

Its products are primarily supplied to Indian Railways and railway contractors, and the company operates from 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) for applications including traction substations, sectioning posts, feeding posts and other railway electrification systems. 

Financial Overview of Vans Electroengineerings 

For the financial year ended March 31, 2026, Vans Electroengineerings reported a total income of ₹23.19 crore and a profit after tax of ₹5.39 crore. 

This compares with a total income of ₹13.82 crore and a profit after tax of ₹1.73 crore for the financial year ended March 31, 2025. 

Total assets stood at ₹16.85 crore, with a net worth of ₹9.17 crore and an EBITDA of ₹7.23 crore as of March 31, 2026. 

Objective of Vans Electroengineerings IPO 

The net proceeds from the initial public offering are proposed to be utilised towards funding working capital requirements, amounting to ₹25.00 crore. 

The remaining balance of the net proceeds will be deployed towards general corporate purposes. 

Read More:TNA Solutions Limited IPO Allotment Status! 

Vans Electroengineerings Share Price Performance 

As of October 7, 2026, at 10:01 AM, Vans Electroengineerings share price on NSE was trading at 235.40, up by 99.49% from the IPO issue price of ₹118. 

Conclusion 

Vans Electroengineerings equity shares opened at ₹224.20 on the BSE, a 90.00% premium over the IPO issue price of ₹118.00, driven by strong market demand during its debut session. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.