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Vilas Transcore IPO
Price Band
₹139.0–147.0
Issue Size
₹95.26 Cr
Lot Size
1,000 shares
Min Investment
₹147,000
GMP
+₹97.0 (65.99%)
Issue Price
₹147.0
Subject to Sauda
₹73700
Paid only if allotted
Vilas Transcore IPO AI Summary
- Vilas Transcore IPO is listed on NSE SME in the Other Industrial Products sector.
- Price band: ₹139.0–₹147.0 per share, lot size 1,000 shares (min. investment ₹147,000).
- Subscription window: 27 May–29 May 2024, listing on 03 Jun 2024.
- Current GMP is +₹97.0 (65.99%), an estimated listing price of ₹244 — unofficial and can change daily.
Vilas Transcore Limited is a manufacturer of power distribution components with a strong focus on quality and technology. The company is set to raise funds through its IPO to support strategic investments and expand its manufacturing capabilities.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Vilas Transcore IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 29 May 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Vilas Transcore IPO Grey Market Premium (GMP) Today
GMP
+₹97.0
GMP %
+65.99%
Est. Listing
₹244.0
Updated: 25 Jul 2026 14:05
About the Company
Incorporated in 2006, Vilas Transcore Limited manufactures and supplies power distribution and transmission components, primarily to transformer and other power equipment manufacturers in India and abroad. The company produces and supplies various electrical lamination products, including CRGO cores and coils used in power and distribution transformers. The manufacturing process meets industry standards and customer specifications, using the latest technology to ensure quality and precision for application in the power equipment industry. The company's product line includes CRGO laminated Core, CRGO core, and slit coils, which are essential components of various types of power transformers, distribution transformers, and other current transformers. The company has two manufacturing units: one situated in Ramangamdi, Baroda (Gujarat), covering an area of 2200 sq. meters, and the second situated near Galaxy Hotel, Village Por, in Vadodara, Gujarat, covering an area of 11000 sq. meters. The company's manufacturing facility has been certified for conforming to the quality management system standards, namely ISO 9001:2015. Additionally, it has been approved for sourcing toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects. As of July 31, 2023, the company has employed approximately 250 staff at various organizational levels.
Company Financials (₹ Cr)
As of 2023-07-31
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 208.21 | 188.80 | 172.66 | 142.66 |
| Total Income | 238.30 | 284.78 | 235.18 | 134.85 |
| Profit After Tax | 16.79 | 20.22 | 17.91 | 5.23 |
| NET Worth | 137.25 | 120.46 | 100.23 | 82.32 |
| Reserves and Surplus | 135.31 | 134.04 | 114.51 | 97.29 |
| Total Borrowing | 5.00 | 4.90 | 3.47 | 7.58 |
Key Ratios
EPS
₹11.20
NAV
₹76.25
ROE
13.03%
ROCE
16.10%
RoNW
12.24%
P/B Value
0.00
P/E Ratio
13.12
Market Cap
₹359.86 Cr
PAT Margin
7.12%
Debt/Equity
0.03
Peer Comparison
| Company | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|
| Vilas Transcore Limited This IPO | 16.75% | 13.12 | 11.2 | 11.2 |
Promoters
Nilesh Jitubhai Patel and Natasha Jitubhai Patel
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding for strategic investment and acquisitions 5.00 2 Funding Capital Expenditure towards construction of factory building 20.10 3 Funding capital expenditure towards acquisition and installation of additional plant and machinery 45.21 4 General Corporate Purposes 18.23
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹134.85 Cr in the year ending 31 Mar 2021, increasing to ₹235.18 Cr by 31 Mar 2022. The revenue further rose to ₹284.78 Cr by 31 Mar 2023, though this is a 9-month figure, not a full year, so isn't directly comparable. As of 31 Dec 2023, total income was ₹238.30 Cr.
Profit Trend
Profit after tax was ₹5.23 Cr in the year ending 31 Mar 2021, rising to ₹17.91 Cr by 31 Mar 2022. This continued to increase to ₹20.22 Cr by 31 Mar 2023, though this is a 9-month figure, not a full year, so isn't directly comparable. As of 31 Dec 2023, profit after tax was ₹16.79 Cr.
Valuation
Vilas Transcore's implied P/E at the issue price is 13.12, compared to peers trading at a similar range.
Grey Market Premium, Explained
The grey market premium (GMP) indicates the price at which shares are expected to trade in the unofficial market before the actual listing. A high GMP suggests strong demand and potential for listing gains, but it is not a guarantee of performance on the stock exchange.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their broader investment strategy and risk tolerance.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may consider avoiding this IPO, as it involves investing in a company in a growth phase with inherent risks.
Listing Gains — The Risk
Listing-day gains can be influenced by various factors including market conditions, investor sentiment, and the company's performance. While some IPOs see significant gains, others may experience declines, making it important for investors to be aware of the risks involved.
This evaluation is generated from Vilas Transcore's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Vilas Transcore IPO GMP today?
Vilas Transcore IPO GMP today is +₹97.0 (65.99%), indicating an estimated listing price of ₹244. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Vilas Transcore IPO?
The price band of Vilas Transcore IPO is ₹139.0–₹147.0 per share.
When does Vilas Transcore IPO open and close?
Vilas Transcore IPO opens on 27 May 2024 and closes on 29 May 2024.
When does Vilas Transcore IPO list on the stock exchange?
Vilas Transcore IPO listed on 03 June 2024 at ₹244.0.
What is the lot size for Vilas Transcore IPO?
The lot size for Vilas Transcore IPO is 1000 shares, requiring a minimum investment of ₹147,000.
What is the price band for the Vilas Transcore IPO?
The price band for the Vilas Transcore IPO is ₹139.0 to ₹147.0.
What is the minimum investment required for this IPO?
The minimum investment required for this IPO is ₹147,000.
When does the IPO open and close?
The IPO opens on May 27, 2024, and closes on May 29, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected price of the shares in the unofficial market before listing.
When is the listing date for Vilas Transcore?
The listing date for Vilas Transcore is June 3, 2024.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 May 2024
Close
29 May 2024
Allotment
30 May 2024
Listing
03 Jun 2024
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