Listed SME

Vans Electroengineerings IPO Subscription Status

Q: What is the current subscription status of Vans Electroengineerings IPO?

As of IPO close date (01 Oct, 2026), the Vans Electroengineerings IPO is subscribed 584.44x times. Retail category is 686.27x, and NII is 757.27x subscribed.

Q: When is the allotment date for Vans Electroengineerings IPO?

The allotment for Vans Electroengineerings IPO is expected to be finalized on 05 October, 2026.

Q: What is the GMP of Vans Electroengineerings?

The Grey Market Premium (GMP) for Vans Electroengineerings is currently ₹103, indicating a potential listing gain of 87.29%.

Q: When will Vans Electroengineerings IPO list on the stock market?

Vans Electroengineerings is scheduled to list on BSE and NSE on 07 October, 2026.

Q: What are the chances of getting allotment in Vans Electroengineerings IPO?

The retail category is oversubscribed at 686.27x, meaning allotment is by lottery. Statistically, approximately 1 in 687 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

Q: What does QIB subscription of 281.65x mean for Vans Electroengineerings IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 281.65x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

Q: How to check Vans Electroengineerings IPO allotment status?

After the allotment date (05 Oct, 2026), you can check your Vans Electroengineerings IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Vans Electroengineerings IPO was subscribed 584.44 times when bidding closed on 1 Oct 2026: QIB 281.65x, NII 757.27x, Retail 686.27x.

The Vans Electroengineerings IPO has been subscribed 584.44x times overall. Retail investors have shown interest with bids for 686.27x the shares available. The Non-Institutional Investor (NII) category has been subscribed 757.27x. Within NII, Big HNI (B-HNI) subscribed 1183.55x and Small HNI (S-HNI) subscribed 737.56x. Qualified Institutional Buyers (QIBs) have subscribed 281.65x. Data last updated on 08 Oct, 06:01 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 29 Sep, 2026 and closes on 01 Oct, 2026. The shares are expected to list on stock exchanges on 07 Oct, 2026.

Full details Check GMP

Final subscription

584.44x

3,22,438 applications

Category-wise bids →

QIB

281.65x

Institutions · proportionate allotment

Why QIB matters →

NII / HNI

757.27x

High-net-worth bids above ₹2 lakh

HNI allotment odds →

Retail

686.27x

Lottery for 1 lot — about 1 out of 338 win

Retail allotment odds →

Employee

0.95x

Employee reservation

Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated 8 Oct 2026, 6:01 PM IST Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Category	Offered	Applied	Applications	Bid details	Times
QIB	5,37,600	15,14,12,400	113	15,14,12,400 of 5,37,600 113 applications	281.65x
1(a) Foreign Institutional Investors (FIIs)	0	3,36,00,000	30	3,36,00,000 30 applications
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)	0	92,20,800	5	92,20,800 5 applications
1(c) Mutual Funds	0	33,66,000	4	33,66,000 4 applications
1(d) Others	0	10,52,25,600	98	10,52,25,600 98 applications
NII	5,49,600	41,61,96,000	57,649	41,61,96,000 of 5,49,600 57,649 applications	757.27x
bHNI — bid amount above ₹10 Lakh	2,66,400	31,52,97,600	31,736	31,52,97,600 31,736 applications	1183.55
2.1(a) Corporates	0	34,17,600	318	34,17,600 318 applications
2.1(b) Individuals (other than RIIs)	0	30,81,63,600	31,119	30,81,63,600 31,119 applications
2.1(c) Others	0	37,16,400	310	37,16,400 310 applications
sHNI — bid amount ₹2–10 Lakh	1,36,800	10,08,98,400	25,913	10,08,98,400 25,913 applications	737.56
2.2(a) Corporates	0	11,92,800	287	11,92,800 287 applications
2.2(b) Individuals (other than RIIs)	0	9,85,17,600	25,220	9,85,17,600 25,220 applications
2.2(c) Others	0	11,88,000	300	11,88,000 300 applications
Retail	9,40,800	64,56,43,200	2,64,662	64,56,43,200 of 9,40,800 2,64,662 applications	686.27x
Employee	48,000	45,600	14	45,600 of 48,000 14 applications	0.95x
TOTAL	20,76,000	1,21,32,97,200	3,22,438	1,21,32,97,200 3,22,438 applications	584.44x

Vans Electroengineerings IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹118.

Applications

3,22,441

Allottees

619

Overall odds

1 out of 521

Amount collected

₹14,203 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 113.37x subscribed	116	15,21,03,600 ₹1,794 Cr	13,41,600 113.37x subscribed	101	4 out of 54 out of 5
Ex. Anchor Ex. Anchor	113	15,12,54,000	5,37,600 · 281.35x	98	4 out of 54 out of 5
Anchor Anchor Investors	3	8,49,600	8,04,000 · 1.06x	3	AllAll allotted
NII (HNI) 1,032.51x subscribed	57,649	41,63,10,000 ₹4,912 Cr	4,03,200 1,032.51x subscribed	112	1 out of 5151 out of 515
bNII >₹10L bNII — above ₹10 Lakh	31,736	31,50,50,400	2,66,400 · 1,182.62x	74	1 out of 4291 out of 429
sNII <₹10L sNII — below ₹10 Lakh	25,913	10,12,59,600	1,36,800 · 740.20x	38	1 out of 6821 out of 682
Retail 675.16x subscribed	2,64,662	63,51,88,800 ₹7,495 Cr	9,40,800 675.16x subscribed	392	1 out of 6751 out of 675
Employees 1.02x subscribed	14	49,200 ₹0 Cr	48,000 1.02x subscribed	14	AllAll allotted
TOTAL 440.32x subscribed	3,22,441	1,20,36,51,600	27,33,600 440.32x subscribed	619	1 out of 5211 out of 521

Vans Electroengineerings IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)

1 out of 338

~0.3% chance per PAN — 2,64,662 applicants for 784 allotment slots. Winners get exactly 1 lot (₹1.4 L) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

1 out of 455

~0.2% chance — 25,913 applicants for 57 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.8 L) per winner; bidding bigger doesn't improve odds.

Big HNI (above ₹10 L)

1 out of 286

~0.3% chance — 31,736 applicants for 111 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.8 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.

QIB (institutions)

281.65x

Proportionate allotment — at 281.65x, institutions receive ~0.4% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 687 applicants will be successful.

Market Sentiment

Strong grey market premium of 87.29% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 281.65x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date	Total	QIB	NII	Retail
01 Oct 2026 Day 3	584.44x	281.65x	757.27x	686.27x	▼
QIB281.65x NII757.27x Retail686.27x
30 Sep 2026 Day 2	60.19x	0.03x	52.99x	101.83x	▼
QIB0.03x NII52.99x Retail101.83x
29 Sep 2026 Day 1	2.47x	-	1.54x	4.54x	▼
QIB- NII1.54x Retail4.54x

Vans Electroengineerings SME IPO dates

From the bidding window to listing. Today is 9 November.

Key dates Listed

Open 29 Sep 2026
Close 01 Oct 2026
Allotment 05 Oct 2026
Refund/credit 06 Oct 2026
Listing 07 Oct 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Vans Electroengineerings IPO?

As of IPO close date (01 Oct, 2026), the Vans Electroengineerings IPO is subscribed 584.44x times. Retail category is 686.27x, and NII is 757.27x subscribed.

When is the allotment date for Vans Electroengineerings IPO?

The allotment for Vans Electroengineerings IPO is expected to be finalized on 05 October, 2026.

What is the GMP of Vans Electroengineerings?

The Grey Market Premium (GMP) for Vans Electroengineerings is currently ₹103, indicating a potential listing gain of 87.29%.

When will Vans Electroengineerings IPO list on the stock market?

Vans Electroengineerings is scheduled to list on BSE and NSE on 07 October, 2026.

What are the chances of getting allotment in Vans Electroengineerings IPO?

The retail category is oversubscribed at 686.27x, meaning allotment is by lottery. Statistically, approximately 1 in 687 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 281.65x mean for Vans Electroengineerings IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 281.65x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Vans Electroengineerings IPO allotment status?

After the allotment date (05 Oct, 2026), you can check your Vans Electroengineerings IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore Vans Electroengineerings SME IPO further

Track every stage of this IPO, from subscription to listing.

01 Next step

IPO details

It has listed — go back to the fundamentals.

₹112 to ₹118

Read the full profile

GMP today

Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.

GMP ₹103 (87.29%)

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IPO review

What brokers and analysts are saying about this issue, in one place.

Strong Apply · 1 review

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Allotment status

Check with your PAN whether shares were credited to your demat account.

Allotment out · 05 Oct

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total

584.44x

QIB

281.65x

NII

757.27x

Retail

686.27x

Full IPO details