Vans Electroengineerings IPO Subscription Status
Final figures at close of bidding: 7 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 281.65x |
| NII | 1,031.87x |
| sNII (₹2L–₹10L) | 737.56x |
| bNII (above ₹10L) | 1,183x |
| Retail (RII) | 686.32x |
| Employee | 0.95x |
| Total | 628.73x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Employee | Total |
|---|---|---|---|---|---|---|
| Day 1 | 0x | 2.76x | 1.76x | 4.55x | 0.08x | 2.66x |
| Day 2 | 0.03x | 78.12x | 68.65x | 101.85x | 0.38x | 64.69x |
| Day 3 | 281.65x | 737.56x | 1,183x | 686.32x | 0.95x | 628.73x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Vans Electroengineerings book was built over 3 days: overall subscription stood at 2.66× at the close of day 1, read 64.69× at the end of day 2, and finished at 628.73× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 1,031.87× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 64.69× to 628.73×.
Category detail
Qualified institutional buyers took their portion to 281.65×. Non-institutional investors came in at 1,031.87×, split 737.56× in the small-NII bucket (bids under ₹10 lakh) and 1,183× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 686.32× the shares reserved for them. Reserved portions ended with the employee quota at 0.95×. That puts non-institutional investors (NII) at the top of the book at 1,031.87× and the employee quota at the bottom at 0.95×.
What the multiple means for allotment
With retail subscription at 686.32×, applications in that category exceeded the shares available to it by a factor of about 686.32. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,41,600 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Vans Electroengineerings IPO open and close?
- The Vans Electroengineerings IPO opens on 29 Sept 2026 and closes on 1 Oct 2026.
- How many times was the Vans Electroengineerings IPO subscribed?
- The Vans Electroengineerings IPO was subscribed 628.73 times in total across all investor categories.
- What is the reservation split in the Vans Electroengineerings IPO?
- Of the total shares offered, retail investors get 34.42%, QIBs 19.67% (plus 29.41% anchor), non-institutional investors 14.75%.