Vincorion SE (Ticker: VINC GR) is a German company specializing in power and mechatronic solutions for defense platforms and advanced aviation systems. Vincorion plans to list on the Frankfurt Stock Exchange on March 20, 2026, offering up to 20,297,500 shares at a fixed price of €17.00 per share, raising up to €345 million (approximately $397 million). The offer price implies a total market capitalization of €850 million (approximately $978 million).

The IPO is structured as an all-secondary offering. Vincorion is currently backed by private equity firm Star Capital, which will reportedly receive all proceeds from the sale and be subject to a 180-day lock-up period. According to sources, the order-taking process is operating on an accelerated three-day timeline to minimize exposure to sudden market volatility. Furthermore, cornerstone investors including Fidelity International, Invesco, and T. Rowe Price have reportedly pre-committed an aggregate amount of €105 million in guaranteed allocations. The offering is being supported by a banking syndicate with Berenberg, BNP Paribas, and J.P. Morgan serving as joint global coordinators, alongside Commerzbank and UniCredit.