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Vectras Enprocon announces launch of initial public offering

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Vectras Enprocon Ltd. has announced public offering of 5052000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 95.00 per share. The gross proceeds of the issue are expected to be Rs 5,304.60 lakhs.

The company's initial public offer (IPO) will open on 30 October 2026 and is expected to close on 03 November 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 99.00-105.00 per share.

The IPO includes a fresh Issue of 5052000 Equity Shares of the Company at an price of Rs 105.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Vectras Enprocon Ltd. anticipates using the proceeds of the issue for .

Beeline Capital Advisors Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.