Figures last updated 2 Nov 2026, 5:30 PM IST · How we work · Report an error
Figures last updated 2 Nov 2026, 5:30 PM IST · How we work · Report an error
Price band, minimum investment and dates are in the bar above.
Vectras Enprocon IPO, from the offer-document details we hold
The offer document names 2 uses with an amount: ₹14 Cr for “Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company”; ₹20 Cr for “Funding long-term working capital requirement of our Company”. Together that is ₹34 Cr, about 80% of the ₹42.59 Cr fresh issue. The remaining ₹8.59 Cr is not assigned to a named purpose in that table. It also lists “General Corporate Purpose” without an amount.
The issue is part fresh issue (money to the company) and part offer for sale (money to the selling shareholders); 20% of it is the offer for sale. Sellers named in the offer document: Naynesh Kanubhai Patel (4,98,000 shares), Maheshkumar Gopalbhai Patel (4,98,000 shares).
Promoters hold 100.0% before the issue and 73.5% after it, a fall of 26.5 percentage points.
What you would put in, and how long it takes
One lot is 1,200 shares and costs ₹1,18,800 at the lower end of the price band and ₹1,26,000 at the upper end.
Bidding runs for 5 days (30 Oct to 3 Nov). Once bidding closes, allotment is 1 day after the close, refunds of unallotted money start 2 days after it, the shares list 3 days after it.
Vectras Enprocon IPO: price band ₹99 to ₹105 per share, lot size 1,200 shares, minimum investment ₹1,18,800.
Vectras Enprocon IPO opens on 30 Oct 2026, closes on 3 Nov 2026 and lists on 6 Nov 2026. Allotment is expected on 4 Nov 2026.
Vectras Enprocon shares are proposed to list on SME Platform of BSE Limited.
MUFG Intime India Private Limited is the registrar of Vectras Enprocon IPO; the lead manager is Beeline Capital Advisors Private Limited.