Vectras Enprocon

Vectras Enprocon

LIVE

IPO Date: 30 Oct - 3 Nov 2026

Listing Date: 6 Nov 2026

Price Range

₹99 to ₹105

Issue Size

53 Cr

Min Investment

₹2,37,600

2 lots minimum (SEBI rule for SME)

Min Application

2400 Shares

1200 per lot × 2

View IPO Document

Schedule of Vectras Enprocon

  1. Issue open date

    30 Oct 2026

  2. Issue close date

    3 Nov 2026

  3. UPI mandate deadline

    3 Nov 2026 (5 PM)

  4. Allotment finalization

    4 Nov 2026

  5. Share credit

    5 Nov 2026

  6. Listing date

    6 Nov 2026

  7. Mandate end date

    18 Nov 2026

Issue size

Funds Raised in the IPOAmount
Overall53 Cr
Fresh Issue40.56 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date4 Nov 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
29 Oct 2026Latest₹105₹0₹105(0%)
28 Oct 2026₹105₹0₹105(0%)
27 Oct 2026₹105₹0₹105(0%)

Performance Vectras Enprocon

Issue PriceListing GainCurrent Market PriceP/L
₹99 to ₹105............

About Vectras Enprocon

Vectras Enprocon Limited is a Gujarat-based engineering, procurement, and construction (EPC) company specializing in midstream and downstream oil and gas infrastructure. Its core activities include cross-country pipeline installation, gas pipeline networks, combined station works, and associated civil and mechanical construction. The company provides end-to-end project services covering engineering, procurement, construction, testing, and commissioning. It serves the oil and gas industry through projects involving pipelines, gas stations, and related infrastructure across multiple Indian states. Note: Available official company information identifies oil and gas infrastructure as its principal business, rather than environmental engineering and wastewater treatment.

Founded in2021
Managing directorNaynesh Kanubhai Patel
Parent organization

Financial Overview

Strengths

4
  1. 1

    Experienced Promoters. The promoters have more than 15 years of individual experience in the oil and gas EPC industry, providing technical and operational expertise.

  2. 2

    Integrated EPC Capabilities. The company handles engineering, procurement, construction, testing, and commissioning, enabling end-to-end project execution.

  3. 3

    Specialized Infrastructure Expertise. Its experience in cross-country pipelines, gas stations, and associated facilities positions it within a specialized infrastructure segment.

  4. 4

    Growing Business. Reported revenue increased from approximately ₹80.53 crore in FY2025 to ₹119.9 crore in FY2026, indicating business expansion.

Risks

4
  1. 1

    High Working Capital Requirements. Large infrastructure projects require substantial upfront expenditure, and delayed customer payments can strain cash flow.

  2. 2

    Project Execution Risks. Construction delays, cost overruns, and technical difficulties can affect profitability and project completion schedules.

  3. 3

    Borrowings and Financial Obligations. The company has identified repayment or prepayment of certain outstanding borrowings as an objective of its proposed IPO.

  4. 4

    Dependence on the Oil and Gas Industry. Changes in infrastructure spending, energy-sector investment, government policies, and project awards may affect business growth.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A