Dear investors check out here Vilas transcore IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Vilas transcore IPO GMP today is ₹110.
Vilas transcore IPO is open on Monday, May 27, 2024. and close on Wednesday, May 29, 2024. Vilas transcore IPO total issue size is ₹6,480,000 shares
(aggregating up to ₹95.26 Cr), and Vilas transcore IPO price is ₹147 per share. The IPO will be listed on BSE and NSE. Vilas transcore Limited IPO listing on Monday, June 3, 2024.
Vilas transcore IPO Date
- IPO Open Date: Monday, May 27, 2024
- IPO Close Date: Wednesday, May 29, 2024
- Basis of Allotment: Thursday, May 30, 2024
- Initiation of Refunds: Friday, May 31, 2024
- Credit of Shares to Demat: Friday, May 31, 2024
- Listing Date: Monday, June 3, 2024
- Cut-off time for UPI mandate confirmation: 5 PM on May 29, 2024
Vilas Transcore Limited About
Established: 2006
Industry: Power Distribution and Transmission Components
Overview: Vilas Transcore Limited specializes in manufacturing and supplying high-quality power distribution and transmission components. We primarily serve transformer and power equipment manufacturers both in India and internationally.
Product Range: Our offerings include a variety of electrical lamination products, such as:
- CRGO Laminated Cores
- CRGO Cores
- Slit Coils
These components are integral to power transformers, distribution transformers, and current transformers.
Manufacturing Excellence: We pride ourselves on adhering to industry standards and customer specifications. Our state-of-the-art technology ensures precision and quality in every product. Our facilities are ISO 9001:2015 certified, reflecting our commitment to excellence.
Locations:
- Ramangamdi, Baroda, Gujarat: 2200 sq. meters
- Village Por, near Galaxy Hotel, Vadodara, Gujarat: 11000 sq. meters
Certifications: We are approved for sourcing toroidal cores for current transformers (CT) up to the 400 KV class for Power Grid projects.
Workforce: As of July 31, 2023, we employ approximately 250 skilled professionals across various organizational levels, dedicated to driving innovation and maintaining our high standards of quality.
At Vilas Transcore Limited, we are committed to delivering top-tier products that power the future.
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Vilas transcore IPO GMP Today Price | Gray Markets Price Today
As Per the last update on May 29, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Vilas transcore IPO is ₹110. The base price of the IPO is ₹147.00, with an estimated listing price of ₹257 (74.83%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 74.83%.
Vilas transcore IPO GMP Today
| Date | GMP | Price | Kostak | Subject to |
| 29 May 2024 | ₹110 | ₹147.00 | ₹3100 | ₹83600 |
| 28 May 2024 | ₹110 | ₹147.00 | ₹3100 | ₹83600 |
| 27 May 2024 | ₹105 | ₹147.00 | ₹3100 | ₹79800 |
Vilas transcore IPO Review
The company specializes in manufacturing and marketing components for the power distribution and transmission sector.
- The company has demonstrated growth in both revenue and profit for the reported periods.
- Based on annualized earnings for FY24, the stock appears to be fully valued.
- Well-informed investors might consider holding funds for the medium to long term.
Financial Performance:
Over the past three fiscal years, the company has shown steady financial performance. It reported total income/net profit of Rs. 134.85 crore / Rs. 5.23 crore (FY21), Rs. 235.18 crore / Rs. 17.92 crore (FY22), and Rs. 284.78 crore / Rs. 20.22 crore (FY23). For the first nine months of FY24, ending December 31, 2023, it achieved a net profit of Rs. 16.80 crore on a total income of Rs. 238.30 crore. The company has consistently increased its revenue with moderate profit growth over these periods.
In the last three fiscal years, the company reported an average EPS of Rs. 9.42 and an average RoNW of 15.41%. The issue is priced at a P/BV of 1.93 based on its NAV of Rs. 76.25 as of December 31, 2023, and at a P/BV of 1.55 based on its post-IPO NAV of Rs. 94.98 per share (at the upper cap).
Annualizing FY24 earnings to its post-IPO fully diluted paid-up capital results in an asking price with a P/E ratio of 16.07, indicating the IPO is fully priced.
For the reported periods, the company’s PAT margins were 3.95% (FY21), 7.69% (FY22), 7.16% (FY23), and 7.12% (9M-FY24), with RoCE margins of 9.22%, 24.74%, 22.64%, and 16.10% respectively.
Merchant Banker’s Track Record:
This IPO is the 44th mandate managed by Hem Securities in the last three fiscal years. Of the last 10 listings, one opened at a discount, while the remaining opened with premiums ranging from 4.63% to 165.22% on their listing dates.