Mumbai, Oct. 7 -- The scrip was listed at Rs 224.20, a premium of 90% to the IPO price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 235.40 and a low of Rs 224.20. About 10.14 lakh shares changed hands on the BSE.

VANS Electroengineerings' IPO was subscribed 584.44 times. The IPO opened for subscription on 29 September 2026 and closed on 1 October 2026. The price band was Rs 112 to Rs 118 per share.

The IPO comprised a fresh issue of 28.80 lakh equity shares. The promoter and promoter group shareholding in the company declined to 66.73% post-IPO from 90.75% before the issue.

The company has allotted 8.04 lakh equity shares to three anchor investors at Rs 118 per equity sha...