Vectras Enprocon IPO

Closed

IPO Rating

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

Vectras Enprocon IPO Details

  • Bidding Date

    30-Oct-2026 to
    03-Nov-2026

  • Issue Size

    ₹53.05 Cr

  • Price Band

    ₹99 to ₹105

  • Allotment date

    04-Nov-2026

  • Listing date

    To be updated

  • Lot size

    1200

  • No. of shares

    50,52,000

  • Fresh issue/OFS

    ₹42.59 Cr/₹10.46 Cr

About Vectras Enprocon Company

Vectras Enprocon, incorporated in May 2021 as part of the Vectras Group, evolved from an early focus on EPC and infrastructure projects into a specialised contractor for midstream and downstream oil-and-gas infrastructure, expanding from Gujarat into Maharashtra, Punjab, Bihar, Odisha and other Indian states. Its core business is turnkey Engineering, Procurement and Construction work covering design, engineering, procurement, construction, testing and commissioning of pipelines, stations and associated facilities. Its primary segments are combined-station works—mechanical, electrical and civil execution at refineries, petrochemical complexes, gas-processing units, terminals and depots—midstream and downstream pipeline projects including cross-country, spur and city-gas networks, and allied services such as civil infrastructure, electrical and instrumentation work, cathodic protection, inspection, testing and safety audits. Its expertise lies in piping and pipeline construction, static and rotary equipment erection, hydrotesting, hook-up and shutdown activities, non-destructive testing methods including ultrasonic, magnetic-particle and eddy-current testing, and compliance with OISD, PESO, PNGRB and Factory Act requirements. A distinctive strength is its integrated execution model and demonstrated scale: it has completed more than 521,000 inch-diameter piping, laid 1,430.43 inch-kilometres of pipeline and executed four combined-station projects, with capabilities for station piping up to 48 inches and cross-country pipelines up to 30 inches. Its important customers include Indian Oil Corporation, Hindustan Petroleum, Bharat Petroleum, ONGC, GAIL, Gujarat Gas, Reliance, Adani, Central Railway and NHPC, spanning public-sector undertakings and private-sector clients. Vectras engages clients through competitive tender participation, project-specific engineering and procurement, safety-led execution, regulatory compliance and post-completion testing and certification, addressing industry challenges around pipeline integrity, hazardous-environment safety, schedule reliability, quality control and the expansion of India’s gas and petroleum infrastructure.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    2x

FAQs for Vectras Enprocon IPO.

The issue size of Vectras Enprocon is ₹53.05 Cr.

Vectras Enprocon falls into Energy Equipment & Services industry.

The open and close dates for the Vectras Enprocon are 30-Oct-2026 & 03-Nov-2026.

The price band for the Vectras Enprocon ipo is ₹99 to ₹105

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Vectras Enprocon total subscription ratio is 2X.

Key financial of the Vectras Enprocon are:


Vectras Enprocon FY-26 FY-25 FY-24
Revenue (₹ Cr) 119.8 80.48 54.32
EBIT (₹ Cr) 22.83 14.35 8.32
Proft after Tax (₹ Cr) 15.43 10.17 5.81
Debt (₹ Cr) 22.21 11.87 4.16
Net Worth (₹ Cr) 37.75 22.32 12.15
RoE (%) 40.88 45.56 47.84

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