Vectras Enprocon IPO Listing Price, GMP History
Listing results, recorded GMP and issue details
- Reported listing price
- ₹106
- Reported listing gain
- +0.95%
- Issue price
- ₹105
- Historical GMP
- ₹0
Recorded grey market premium
- Historical listing estimate
- ₹105
- GMP-implied amount per lot
- ₹0
- Issue price / upper band
- ₹105
- Total subscription
- 3.97x
IPO dates & allotment schedule
- Offer opens30 Oct 2026
- Offer closes03 Nov 2026
- Scheduled allotment04 Nov 2026
- Scheduled listing06 Nov 2026
Allotment and listing dates are scheduled milestones. Check the registrar for released allotment results; the calendar alone does not confirm release.
Vectras Enprocon IPO details
- Company
- Vectras Enprocon
- Market segment
- SME
- Price band
- ₹99–₹105
- Issue size
- ₹53.05 crore
- Shares per lot
- 1,200
- Cost of one lot
- ₹1,26,000
- Offer status
- Listed
About Vectras Enprocon and its IPO
IPO overview
Vectras Enprocon Limited has filed its red herring prospectus for an initial public offering to list its equity shares on the BSE SME platform.
About the company
Headquartered in Ahmedabad, Gujarat and incorporated in 2021, the firm delivers engineering, procurement, construction, testing, and commissioning services focused on midstream and downstream oil and gas sector infrastructure. The service catalog covers cross-country pipeline networks, spur pipelines, city gas distribution systems, combined station works, and related civil and mechanical tasks. Operations extend across several states including Maharashtra, Punjab, Bihar, Odisha, and Gujarat, catering to both government and private sector clients. As of September 30, 2026, the firm reported an unexecuted order book totaling 18,327.88 lakh across 34 active projects, which includes 11,629.03 lakh dedicated to combined station works, 5,945.72 lakh allocated to pipeline execution, and 753.13 lakh from remaining allied services.
IPO structure and use of proceeds
The public offering consists of up to 50,52,000 equity shares having a face value of ₹10 each, structured through a combination of a fresh issue and an offer for sale. The fresh issue comprises up to 40,56,000 equity shares, while the offer for sale contains up to 9,96,000 equity shares through selling shareholders who will receive the proceeds from their portion. The price band is set between ₹99 and ₹105 per share, yielding an aggregate issue size of ₹53.05 crore when calculated at the upper price boundary. The minimum lot requirement is 1,200 shares, with bidding permitted in multiples thereof. Net proceeds from the fresh issue are designated for fully or partially repaying specific company borrowings, financing long-term working capital needs, and supporting general corporate activities. Beeline Capital Advisors Private Limited acts as the book running lead manager, and MUFG Intime India Private Limited serves as the registrar.
What investors should watch
Prospective participants should note that equity investments carry substantial risk, and complete details regarding these factors are available within the official red herring prospectus documentation.
Lot size & investment amounts
| Lots | Shares | Amount | GMP-implied amount |
|---|---|---|---|
| 1 | 1,200 | ₹1,26,000 | ₹0 |
| 2 | 2,400 | ₹2,52,000 | ₹0 |
| 5 | 6,000 | ₹6,30,000 | ₹0 |
These are arithmetic examples, not investor-category eligibility limits. Minimum application lots, category limits and discounts must be checked in the offer document.
GMP history
| Recorded | GMP | GMP % | Est. listing |
|---|---|---|---|
| 06 Nov 2026, 21:24 | ₹0 | 0.00% | ₹105 |
| 05 Nov 2026, 17:48 | ₹0 | 0.00% | ₹105 |
| 04 Nov 2026, 17:36 | ₹0 | 0.00% | ₹105 |
| 03 Nov 2026, 17:25 | ₹0 | 0.00% | ₹105 |
| 02 Nov 2026, 23:51 | ₹0 | 0.00% | ₹105 |
| 01 Nov 2026, 20:36 | ₹0 | 0.00% | ₹105 |
| 31 Oct 2026, 20:01 | ₹0 | 0.00% | ₹105 |
| 30 Oct 2026, 20:32 | ₹0 | 0.00% | ₹105 |
| 29 Oct 2026, 20:43 | ₹0 | 0.00% | ₹105 |
| 28 Oct 2026, 20:35 | ₹0 | 0.00% | ₹105 |
| 27 Oct 2026, 20:00 | ₹0 | 0.00% | ₹105 |