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News Details

( As on 24/09/2026 18:50)

VANS Electroengineer announces launch of initial public offering

VANS Electroengineerings Ltd. has announced public offering of 2880000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 108.00 per share. The gross proceeds of the issue are expected to be Rs 3,398.40 lakhs.

The company's initial public offer (IPO) will open on 29 September 2026 and is expected to close on 01 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 112.00-118.00 per share.

The IPO includes a fresh Issue of 2880000 Equity Shares of the Company at an price of Rs 118.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

VANS Electroengineerings Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.