
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
+66.0%
Est. Listing
₹244
at current GMP
Subscribed
204.85x
overall
Open
27 May 2024
Close
29 May 2024
Allotment
30 May 2024
Refund
31 May 2024
Demat Credit
1 Jun 2024
Listing
3 Jun 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹147
Band: ₹139 – ₹147
Estimated Listing Price
₹244
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,47,000
Estimated Profit / Lot
₹97,000
1000 × ₹97
Grey Market Premium trend
+₹97
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹97 | 66.0% | ₹244 |
| 30 Oct 2026 | +₹97 | 66.0% | ₹244 |
| 29 Oct 2026 | +₹87 | 59.4% | ₹234 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Vilas Transcore Limited IPO is ₹97, which indicates an expected listing price of ₹244.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.