Vans Electroengineerings IPO Subscription Status Last Day: Overall Subscription Reaches 628.73x

Generic user silhouette icon 5paisa Capital Ltd - 0 min read

Last Updated: 5th October 2026 - 07:42 pm

Vans Electroengineerings IPO subscription reached 628.73 times on the last day of bidding, as of 7:53 PM on October 1, 2026. The public issue received bids for 1,21,31,96,400 shares against 19,29,600 shares available for subscription, excluding the anchor investor and market maker portions.

The NII category recorded the highest subscription at 1,031.87 times, followed by Individual Investors at 686.32 times. The QIB portion was subscribed 281.65 times.

Subscription Status of Vans Electroengineerings IPO

Date QIB NII Individual Total
Day 1 (September 29) 0.00x 1.74x 4.55x 2.58x
Day 2 (September 30) 0.03x 71.87x 101.85x 64.69x
Day 3 (October 1) 281.65x 1,031.87x 686.32x 628.73x

Here are the subscription details for Vans Electroengineerings IPO on the last day, as of 7:53 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1.00x 8,04,000 8,04,000 ₹9.49 crore
Market Maker 1.00x 1,46,400 1,46,400 ₹1.73 crore
QIB (Ex Anchor) 281.65x 5,37,600 15,14,12,400 ₹1,786.67 crore
NII 1,031.87x 4,03,200 41,60,49,600 ₹4,909.39 crore
Individual 686.32x 9,40,800 64,56,88,800 ₹7,619.13 crore
Employee 0.95x 48,000 45,600 ₹0.54 crore
Total 628.73x 19,29,600 1,21,31,96,400 ₹14,315.72 crore

Key Highlights – Day 3

  • Vans Electroengineerings IPO closed with an overall subscription of 628.73 times, compared with 64.69 times at the end of Day 2.
  • The NII category recorded the highest final subscription at 1,031.87 times. Applications above ₹10 lakh were subscribed 1,183.00 times, while applications below ₹10 lakh reached 737.56 times.
  • Individual Investors subscribed 686.32 times, while QIB demand rose from just 0.03 times on Day 2 to 281.65 times on the final day.

Key Highlights – Day 2

  • The IPO had reached an overall subscription of 64.69 times by the end of Day 2.
  • Individual Investors led the main categories at 101.85 times, while NII subscription stood at 71.87 times.
  • QIB participation remained at 0.03 times on Day 2 before increasing materially on the final day.

Key Highlights – Day 1

  • Vans Electroengineerings IPO was subscribed 2.58 times overall on the opening day.
  • Individual Investors subscribed 4.55 times, ahead of the NII category at 1.74 times.
  • The QIB portion had not recorded meaningful subscription on Day 1, while the employee reservation was subscribed 0.08 times.

About Vans Electroengineerings

Vans Electroengineerings Limited manufactures and supplies electrical equipment and components used in railway electrification, metro systems and related power infrastructure. Its product portfolio includes vacuum circuit breakers, vacuum interrupters and products used in traction-power and overhead-electrification systems.

The company supplies railway-related electrical products to Indian Railways and railway contractors. Its ₹33.98 crore BSE SME IPO is an entirely fresh issue with a price band of ₹112 to ₹118 per share.

Your IPO application is just a few clicks away.
Get the latest updates, expert analysis, and insights on upcoming IPOs.
  •  FREE IPO Application
  •  Apply with Ease
  •  Pre-Apply for IPOs
  •  UPI Bid Instantly
+91
''
 
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
OR
 
hero_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form