Vectras Enprocon IPO lot size and price band

The Vectras Enprocon IPO lot size is 1200 shares. At the upper price band of ₹105, one lot costs ₹1,26,000: that is the minimum investment.

A retail application can be for 1 lot only (up to ₹1,26,000, under the ₹2 lakh retail limit). HNI (NII) applications start at 2 lots (₹2,52,000), and big HNI above ₹10 lakh at 8 lots.

The price band is ₹99 to ₹105. The final issue price is set inside it after bidding and was ₹105; the amount blocked is worked out at the upper end, so a lower final price releases the difference. At the lower end one lot would cost ₹1,18,800.

Vectras Enprocon IPO: how many shares to bid for

The smallest and largest bid in each category, at the upper price band. Enter the number of shares (or lots) shown.

CategoryMinimum bidMaximum bid
Retail (up to ₹2 lakh)1200 shares (1 lot), ₹1,26,0001200 shares (1 lot), ₹1,26,000
Small HNI (₹2 lakh to ₹10 lakh)2400 shares (2 lots), ₹2,52,0008400 shares (7 lots), ₹8,82,000
Big HNI (above ₹10 lakh)9600 shares (8 lots), ₹10,08,000no upper limit

Vectras Enprocon IPO amount by number of lots

At the upper price band. Retail covers bids up to ₹2 lakh, small HNI above ₹2 lakh up to ₹10 lakh, big HNI above ₹10 lakh.

LotsSharesAmountCategory
11200₹1,26,000Retail
22400₹2,52,000Small HNI
33600₹3,78,000Small HNI
44800₹5,04,000Small HNI
56000₹6,30,000Small HNI
67200₹7,56,000Small HNI
89600₹10,08,000Big HNI

What lot size and price band mean

The lot size is the smallest number of shares you can bid for, and bids go up in whole lots. The price band is the range within which you can bid; most IPOs end up priced at its top.

Retail applicants can bid at the cut-off price, which means accepting whatever the final price is. The amount blocked is calculated at the top of the band.

Questions

What is the Vectras Enprocon IPO lot size?

1200 shares per lot.

What is the minimum investment in the Vectras Enprocon IPO?

₹1,26,000: one lot of 1200 shares at the upper price band.

How many lots can a retail investor apply for in Vectras Enprocon?

Up to 1 lot (₹1,26,000); one more lot would pass the ₹2 lakh retail limit.

What is the minimum HNI application in Vectras Enprocon?

2 lots, ₹2,52,000.

What is the Vectras Enprocon IPO price band?

₹99 to ₹105.

Learn more

Other IPOs

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Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.