Vectras Enprocon
Price band ₹99–105 · Issue ₹53.05 Cr
Market attention score 32 (how ranked)
IPO alerts
Get notified for open, close, allotment. Delivered in-app, push, and email.
Automated WhatsApp broadcasts aren't available yet — use this to ping yourself or a group.
Capital required
Approximate retail outlay for Vectras Enprocon at the issue price band (lot × lots).
Est. capital
₹1,18,800 – ₹1,26,000
Lot size 1,200 · up to ₹105/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
30 Oct 2026
Closes
3 Nov 2026
Allotment
4 Nov 2026
Listing
6 Nov 2026
Lot size
1,200
Overview
Vectras Enprocon IPO is a book build issue of ₹53.05 crores. The issue is a combination of fresh issue of 40.56 lakh shares aggregating to ₹42.59 crores and offer for sale of 9.96 lakh shares aggregating to ₹10.46 crores.
Vectras Enprocon IPO opens for subscription on Oct 30, 2026 and closes on Nov 3, 2026. The allotment for the Vectras Enprocon IPO is expected to be finalized on Nov 4, 2026. Vectras Enprocon IPO will list on the BSE SME with a tentative listing date fixed as Nov 6, 2026.
Vectras Enprocon IPO is set issue price band at ₹99 to ₹105 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,78,000.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Spread X Securities Pvt.Ltd.
Refer to Vectras Enprocon IPO RHP for detailed Information.
Issue details
IPO Date
30 Oct to 3 Nov, 2026
Listing Date
Fri, Nov 6, 2026
Face Value
₹10 per share
Price Band
₹99 to ₹105
Lot Size
1,200 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,52,000 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3600 | ₹3,78,000 |
| S-HNI (Max) | 7 | 8400 | ₹8,82,000 |
| B-HNI (Min) | 8 | 9600 | ₹10,08,000 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
About the company
Vectras Enprocon Ltd. is a Gujarat-based Engineering, Procurement and Construction (EPC) company operating in the midstream and downstream segments of the Oil & Gas industry. The company specializes in laying pipeline networks, building combined stations, and constructing related facilities across multiple states in India.
The company has developed strong capabilities in designing, engineering, procuring, constructing, testing, and commissioning Oil & Gas pipelines and stations. It has completed over 3,34,000 inch dia piping, 785 inch-kilometer pipelines, and 4 combined station projects.
The company serves both public and private oil and gas companies and maintains ISO certifications for quality, safety, environmental, and instrumentation standards.
As of September 30, 2026, the company had 990 employees across multiple divisions.
- Track record of timely completion of complex project
- Strong Order Book for existing project portfolio and geography
- Strong Execution Capabilities
- Track Record of Growth in Financial Performance
- Experienced management team with significant industry experience
Financials
| Metric | 30 Sep 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 90.91 | 74.94 | 46.50 | 21.47 |
| Total Income | 72.20 | 119.90 | 80.53 | 54.37 |
| Profit After Tax | 9.10 | 15.43 | 10.17 | 5.81 |
| EBITDA | 14.54 | 24.01 | 15.05 | 8.67 |
| NET Worth | 46.85 | 37.75 | 22.32 | 12.15 |
| Reserves and Surplus | 31.85 | 22.75 | 19.82 | 9.65 |
| Total Borrowing | 31.36 | 22.21 | 11.87 | 4.16 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Sep 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 21.52% | 51.39% |
| ROCE | 19.69% | 48.37% |
| Debt/Equity | 0.67 | 0.59 |
| RoNW | 21.52% | 51.39% |
| PAT Margin | 12.65% | 12.88% |
| EBITDA Margin | 20.21% | 20.04% |
| NAV | 31.23 | 25.17 |
| P/B (x) | 3.36 | 4.17 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
10.29
P/E (x)
10.2
Market Cap at Offer Price
₹157.50 Cr.
Objects of the issue
- Repayment / prepayment, in full or part, of certain outstanding borrowings availed by Company
- To Meet Working Capital Requirements of Company
- General Corporate Purposes
Intermediaries
Registrar
MUFG Intime India Pvt.Ltd.
Lead manager(s)
Beeline Capital Advisors Pvt.ltd.
FAQs
How to apply in Vectras Enprocon IPO through Zerodha?+
Zerodha customers can apply for the Vectras Enprocon IPO online through the Kite platform under the IPO & Bids section using UPI as the payment method. Steps to Apply for Vectras Enprocon IPO through Zerodha Log in to your Zerodha Kite account. On the home page, click IPO & Bids in the top menu. Select the IPO tab and find the Vectras Enprocon IPO in the list. Click Apply next to the IPO. Enter your UPI ID, bid quantity, and bid price. Submit the IPO application. Open your UPI app and approve the mandate to complete the application process. For more details, visit the Zerodha IPO Application Process Review .
When Vectras Enprocon IPO will open?+
The Vectras Enprocon IPO opens on Fri, Oct 30, 2026 and closes on Tue, Nov 3, 2026.
What is the lot size of Vectras Enprocon IPO?+
Vectras Enprocon IPO lot size is 1200 , and the minimum amount required for application is ₹2,52,000 , with 2 lots being the minimum application size .
How to apply for Vectras Enprocon IPO?+
You can apply in Vectras Enprocon IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Vectras Enprocon IPO allotment?+
The finalization of Basis of Allotment for Vectras Enprocon IPO will be done on Wednesday, November 4, 2026 , and the allotted shares will be credited to your demat account by Thu, Nov 5, 2026 . Check the Vectras Enprocon IPO allotment status .
When is Vectras Enprocon IPO listing date ?+
The Vectras Enprocon IPO listing date is not yet announced. The tentative date of listing is Fri, Nov 6, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.