Vans Electroengineerings IPO
Vans Electroengineerings IPO is an SME IPO raising ₹34 Cr at ₹112 – ₹118 a share. It listed on 7 Oct 2026 at ₹224, +90.0% against its issue price of ₹118, and trades at ₹456 today (+286.6% since issue). It was subscribed 584× in total.
584.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 5,37,600 | 15,14,12,400 | 282× |
| Others | no separate quota | 10,52,25,600 | n/a |
| Foreign Institutional Investors | no separate quota | 3,36,00,000 | n/a |
| Domestic Financial Institutions | no separate quota | 92,20,800 | n/a |
| Mutual Funds | no separate quota | 33,66,000 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 5,49,600 | 41,61,96,000 | 757× |
| Corporates | no separate quota | 46,10,400 | n/a |
| Individuals | no separate quota | 40,66,81,200 | n/a |
| Others | no separate quota | 49,04,400 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 9,40,800 | 64,56,43,200 | 686× |
| Cut Off | no separate quota | — | n/a |
| Price Bids | no separate quota | 64,56,43,200 | n/a |
| Employee Reserved | 48,000 | 45,600 | 0.95× |
| Employee | no separate quota | — | n/a |
| Employee | no separate quota | 45,600 | n/a |
| Reservation PortionShareholder | no separate quota | 0 | n/a |
| RPS | no separate quota | — | n/a |
| RPS | no separate quota | — | n/a |
| Total | 20,76,000 | 1,21,32,97,200 | 584× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 2 Oct, 08:15 am IST.
How demand built
Our own series — the exchanges publish a running total and never a history.21 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.