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Vectras Enprocon IPO

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Vectras Enprocon IPO Details

RegistrarMUFG Intime India Private Limited
Lead managersBeeline Capital Advisors Private Limited
Offer documentDraft (DRHP)
Fresh issue₹42.59 Cr
Offer for sale₹10.46 Cr

Vectras Enprocon Financials ₹ in crore

Detailed financials for this issue aren’t available yet.

Vectras Enprocon IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹105
Individual investor (min)minimum application2,400₹2,52,000

The minimum application is 2,400 shares, ₹2,52,000 at the ₹105 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

Vectras Enprocon IPO Strengths & Risks as disclosed in the offer document

▲ Strengths (4)
Track record of timely completion of complex projects
Strong Order Book for existing project portfolio and geography
Track Record of Growth in Financial Performance
Experienced management team with significant industry experience
▼ Risk factors (8)
Our revenue and profit after tax have grown substantially in the recent past but there can be no assurance that our growth will continue to sustain. If we are unable to implement or sustain our growth strategy successfully it
There have been certain instances of delays in relation to certain statutory filings made or required to be filed by our Company with the RoC under applicable law and certain other non-compliances under Indian company law
There are certain discrepancies and non-compliances noticed in filing of returns and deposit of statutory dues with the taxation and other statutory authorities in the past. Any delay in payment of statutory dues by our Company in future, may result in the imposition of penalties, which couldadversely impact our financials
We derive majority of our revenue from our EPC business verticals i.e. Combined Oil and Gas stations works. Any reduction in the demand of such services could have an adverse effect on our business, results of operations and financial conditions
Our business is operating under various laws which require us to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business, and if we are unable to obtain these approvals and the renewals, our business operations could be adversely affected thereby impacting our revenues and profitability
Increase in costs or a shortfall in availability of the materials we purchase could have a material adverse effect on our Company’s financial performance, profitability and results of operations
We may be unable to accurately estimate project costs under our EPC contracts, which may lead to cost overruns, reduced margins, delays in project execution and adversely affect our financial condition, results of operations and cash flows
Our failure to perform in accordance with the standards prescribed in work order of our clients could result in loss of business or payment of liquidated damages

How to check Vectras Enprocon IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Vectras Enprocon, the registrar is MUFG Intime India Private Limited.

RegistrarMUFG Intime India Private Limited
You will needPAN, application number or demat ID
Issue closes03 Nov 2026
Issue opens
Fri, 30 Oct 2026
First day to bid
Issue closes
Tue, 03 Nov 2026
Last day to bid
Allotment finalisedTentative
Wed, 04 Nov 2026
By MUFG Intime; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Thu, 05 Nov 2026
Unallotted amounts released · allotted shares credited to demat

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.

Vectras Enprocon IPO FAQs

GMP

What is Vectras Enprocon IPO GMP today?

The grey market premium reported for the Vectras Enprocon IPO is ₹0 as of 29 Oct, 10:00 pm — no premium over the ₹105 upper band. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is Vectras Enprocon IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is Vectras Enprocon IPO GMP updated on alphave?

The premium is checked about every 20 minutes between 8 am and 10 pm IST, every day while the issue is live, from a third-party grey-market reporter. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

Subscription

How do I check Vectras Enprocon IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that book about every 5 minutes during bidding hours and shows QIB, NII and individual investor demand, plus one row per day so the build-up over the issue can be compared.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment follows the basis of allotment the registrar finalises with the stock exchange — for small investors, a lottery for the minimum application.

Allotment

When is Vectras Enprocon IPO allotment date?

Allotment for the Vectras Enprocon IPO is scheduled for 4 November 2026, the trading day after bidding closes on 3 November 2026. Under SEBI's T+3 timeline, refunds and demat credit are due on 5 November 2026 and the shares list on 6 November 2026. Dates are tentative until the registrar and exchange confirm them.

How to check Vectras Enprocon IPO allotment status?

Check it on the registrar's IPO allotment page: MUFG Intime India Private Limited publishes the result once it finalises the basis of allotment with the stock exchange. Choose the issue and enter your PAN, application number or DP ID / client ID. BSE and NSE also show allotment status on their websites, using the registrar's data. If no shares are allotted, your bank releases the blocked amount. alphave does not publish allotment results.

Who is the registrar of Vectras Enprocon IPO?

The registrar to the Vectras Enprocon IPO is MUFG Intime India Private Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does Vectras Enprocon IPO open and close?

Bidding for the Vectras Enprocon IPO opens on 30 October 2026 and closes on 3 November 2026. On the last day, SME bidding closes at 4:00 pm and UPI mandates can be accepted until 5:00 pm. Brokers may stop taking bids somewhat earlier.

How do I apply for Vectras Enprocon IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 30 October 2026 and 3 November 2026. The amount is only blocked, not debited, until allotment. SME bids name a price within the band — the cut-off option is not available for SME issues — and individual investors apply for two lots (2,400 shares); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Vectras Enprocon IPO?

3 November 2026 is the last day of bidding; for an SME issue, bidding closes at 4:00 pm that day. Allotment is scheduled for 4 November 2026, refunds and demat credit for 5 November 2026, and listing for 6 November 2026 — tentative until confirmed.

Price & Lot

What is the price band of Vectras Enprocon IPO?

The Vectras Enprocon IPO price band is ₹99 to ₹105 per share. SME bids name a price within the band; the cut-off option is not available for SME issues.

What is the lot size of Vectras Enprocon IPO?

The minimum application is 2,400 shares — two lots — which costs ₹2,52,000 at the ₹105 upper price. Individual investors apply for exactly this minimum; applications above two lots are non-institutional.

What is the minimum investment in Vectras Enprocon IPO?

₹2,52,000 — the minimum application of 2,400 shares (two lots) at ₹105. Only applications above two lots are non-institutional.

Is Vectras Enprocon IPO a mainboard or SME issue, and on which exchange?

Vectras Enprocon is an SME issue listing on BSE SME. SME issues need a minimum application above ₹2,00,000 and trade on the exchange's SME platform after listing. Beeline Capital Advisors Private Limited is a lead manager to the issue.

What is the issue size of Vectras Enprocon IPO?

The issue size is ₹53.05 crore, of which ₹42.59 crore is a fresh issue and ₹10.46 crore an offer for sale by existing shareholders.

DRHP

Where can I read the Vectras Enprocon DRHP or RHP?

The Vectras Enprocon IPO's offer document is linked on this page as filed. The stock exchange also publishes it, and the lead managers host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files before an IPO — with SEBI for a mainboard issue, with the stock exchange for an SME issue. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the updated version filed before the issue opens, with the issue dates; the price band is announced separately, at least two working days before bidding opens.

What are the strengths disclosed in the Vectras Enprocon DRHP?

Track record of timely completion of complex projects Strong Order Book for existing project portfolio and geography Track Record of Growth in Financial Performance The page lists all 4 as disclosed.

What are the key risks disclosed in the Vectras Enprocon DRHP?

Our revenue and profit after tax have grown substantially in the recent past but there can be no assurance that our growth will continue to sustain. If we are unable to implement or sustain our growth strategy successfully it There have been certain instances of delays in relation to certain statutory filings made or required to be filed by our Company with the RoC under applicable law and certain other non-compliances under Indian company law There are certain discrepancies and non-compliances noticed in filing of returns and deposit of statutory dues with the taxation and other statutory authorities in the past. Any delay in payment of statutory dues by our Company in future, may result in the imposition of penalties, which couldadversely impact our financials The page lists all 8 disclosed risk factors.

Data sources

Where does the Vectras Enprocon IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's category-wise book (NSE's consolidated NSE and BSE figure, or BSE's own for a BSE-only issue), read about every 5 minutes during bidding hours. GMP is an unofficial grey-market indicator checked about every 20 minutes between 8 am and 10 pm IST from a third-party reporter; the history keeps a row for each change. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue details and the offer document filed with the stock exchange. Financials are the restated figures in the offer document, and the shareholding pattern is as disclosed there; allotment results come from the registrar, whose page this page links to. Anchor investor allocations, where shown, are from the anchor allocation filed with the exchange.

Vectras Enprocon IPO Registrar where allotment and refund queries go

RegistrarMUFG Intime India Private Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Vectras Enprocon IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and your price within the band: SME issues have no cut-off option, and the smallest valid bid is the two-lot minimum application shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app before the issue’s UPI cut-off on the closing day (03 Nov 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹105 upper band means the grey market is dealing at ₹105.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Data & compliance. For information and education only — not investment advice or a recommendation to apply for, subscribe to, or avoid any issue. GMP is an unofficial, unregulated datapoint reported by third parties. Always read the RHP. alphave does not process IPO applications. Published by Alphave.