Shares of Vans Electroengineerings made a blockbuster debut on the BSE SME platform on Wednesday, October 7, 2026, listing at a premium of 90 percent over the company's initial public offering (IPO) price.
The shares were listed at Rs 224.20 apiece on the BSE SME platform, compared with the IPO's upper price band of Rs 118 per share. This translates into a listing premium of Rs 106.20 per share, or around 90 percent.
Following the listing, the company's market capitalisation stood at around Rs 243.93 crore.
The stock's debut was broadly in line with the premium indicated by the grey market ahead of listing. Vans Electroengineering shares were commanding a grey market premium (GMP) of around Rs 106, or nearly 90 percent over the upper end of the IPO price band, according to InvestorGain data on the morning of October 7.
It is important to note that GMP is an unofficial indicator of market sentiment and does not guarantee the listing price or future performance of a stock.