
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
Overall Subscription
204.85x
Total Demand
QIB Multiplier
114.64x
Institutions & Funds
NII / HNI
449.56x
High Net-Worth
Retail (RII)
151.42x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,231,000 | 141,122,000 | 114.64x |
| NIB | 924,000 | 415,398,000 | 449.56x |
| RETAIL | 2,154,000 | 326,166,000 | 151.42x |
| Total | 4,309,000 | 882,686,000 | 204.85x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,268 | 343,421 | 151.42x |
| HNIs (10L +) | 15 | 6,743 | 449.56x |
| HNIs (2-10L) | 69 | 31,020 | 449.56x |
| Total Applications | 2,352 | 381,184 | 162.07x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Vilas Transcore Limited IPO is ₹97 per equity share. Based on the upper price band of ₹139 to ₹147 per equity share, the estimated listing price is ₹244 (+66.0% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹97, the expected profit per application lot is approx ₹97,000 (+66.0% gain). Minimum application cost is approx ₹1,47,000.
The Vilas Transcore Limited IPO aggregate issue size is ₹95.26 Crores with an equity price band set at ₹139 to ₹147 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,47,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 204.85x (Retail: 151.42x, QIB: 114.64x, NII: 449.56x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-05-30. Investors can verify status using PAN card or application number.
Vilas Transcore Limited shares are scheduled to list on NSE on 2024-06-03.