Grey market quotes the SME at a ₹70 premium over the upper band of ₹118, pointing to an indicative listing near ₹188. Last updated: 15 Oct 2026, 02:22 IST.
Vans Electroengineerings commands a grey-market premium of ₹70 (+59.3% of the ₹118 upper band), about ₹84,000 per lot of 1200 shares. Dealers are holding the line: ₹70 unchanged across 3 tracked sessions, a stand-off between grey demand and issue pricing. Books show 628.73x total subscription (QIB 281.65x, NII 1031.87x, retail 686.32x). Institutions are carrying this issue — QIB demand near 281.65x is the smart-money leg that grey quotes usually follow, not lead. This is an SME issue on NSE Emerge/BSE SME — thinner grey-market depth than mainboard, so small dealer shifts move the quote more. The ₹141,600+ minimum ticket keeps small savers out, so SME grey quotes swing harder on fewer hands. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
| Date | GMP | Est. Gain |
|---|---|---|
| 15 Oct | +₹70 | +59.3% |
| 14 Oct | +₹70 | +59.3% |
| 13 Oct | +₹70 | +59.3% |
Est. gain = GMP as % of the upper band price (indicative listing premium).
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹112 - ₹118 |
|---|---|
| Lot Size | 1,200 shares |
| Issue Size | ₹34 Cr |
| Opening Date | 29 Sep 2026 |
| Closing Date | 01 Oct 2026 |
| Listing Date | 07 Oct 2026 |
| Subscription | 628.73x |
The latest unofficial grey market premium for Vans Electroengineerings IPO is ₹70 (+, as of 15 Oct 2026, 02:22 IST).
GMP is a street quote that reacts to subscription momentum, market mood and last-day demand — at the current ₹70 premium the rough math is upper band plus premium, but the number is re-quoted through the bidding window and never guaranteed.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For Vans Electroengineerings, the book stands at 628.73x overall with QIB demand at 281.65x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the Vans Electroengineerings IPO detail page.
Read the full Vans Electroengineerings IPO report →
Last updated: 15 Oct 2026, 02:22 IST