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Vectras Enprocon IPO

Book Building Issue

Price Band

₹99 - ₹105

Grey Market Premium

Not available

Open Date

30 Oct

Close Date

3 Nov

Issue Size

Approx ₹53.05 Crores

Lot Size

1,200 Shares

No grey market activity yet

This IPO is not trading at a premium in the grey market, so there is no GMP to show. This is common for smaller SME IPOs.

About the Company

Vectras Enprocon is an EPC firm that operates in the midstream (Middle Stage) and downstream (Last stage) segments of the Oil & Gas industry. The company operates across three business verticals: Oil & Gas Station Works, providing mechanical, electrical, and civil work in Refineries, petrochemical complexes, Gas Processing Units, Oil & Gas Terminals, and petroleum depots; Pipeline Projects, covering midstream and downstream oil and gas pipelines; and Other Allied Services, including civil infrastructure, electrical, instrumentation, inspection, testing, and safety auditing services for the oil and gas industry.

So far, Vectras Enprocon has completed over 3,34,000 inch diameter piping, 785 inch-kilometer pipelines, and 4 combined station projects. The company focuses on laying pipeline networks, building combined stations, and constructing related facilities across multiple states in India.

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StatusOpen
Min Investment₹2,52,000
Lot Size1,200 Shares
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