What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Vilas Transcore Limited IPO allotment date?

The basis of allotment for Vilas Transcore Limited IPO is scheduled to be finalized on 30 May 2024.

Where can I check Vilas Transcore Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 31 May 2024.

Vilas Transcore Limited

ListedSME

Electrical Equipment & Heavy Electrical Manufacturing · NSE

Founded in 2006, Vilas Transcore Limited is a leading manufacturer and supplier of power distribution and transmission components. The company mainly serves transformer and power equipment manufacturers in India and globally. They specialize in making electrical lamination products like CRGO laminated cores, CRGO cores, and slit coils, which are essential parts of power and distribution transformers. Vilas Transcore operates two modern manufacturing units in Vadodara, Gujarat — one in Ramangamdi (2200 sq. meters) and another near Galaxy Hotel, Village Por (11000 sq. meters). Both facilities follow strict quality standards and use advanced technology to deliver high-precision products. The company holds an ISO 9001:2015 certification for quality management and is approved to supply toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects. As of July 31, 2023, Vilas Transcore Limited employs around 250 people across different departments.

Price Band

₹139 – ₹147

Issue Size

₹95.26 Cr

Lot Size

1000 shares

GMP

₹97

+66.0%

Est. Listing

₹244

at current GMP

Subscribed

204.85x

overall

Open

27 May 2024

29 May 2024

Allotment

30 May 2024

Refund

31 May 2024

Demat Credit

1 Jun 2024

Listing

3 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Vilas Transcore Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

30 May 2024

Basis finalization

Refunds Initiate

31 May 2024

Mandate release

Demat Credit

1 Jun 2024

Shares in demat

Listing Debut

3 Jun 2024

Trading begins

How to Check Vilas Transcore Limited IPO Allotment Status

Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
Select Vilas Transcore Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Vilas Transcore Limited Public Issue & Market Profile

Vilas Transcore Limited is bringing an initial public offering (IPO) in the Electrical Equipment & Heavy Electrical Manufacturing sector with an aggregate issue size of ₹95.26 Crores. The shares are offered at a price band of ₹139 to ₹147 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,47,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-01, while un-allotted funds or UPI block mandates will be released on 2024-05-31.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.