Vilas Transcore IPO
The initial public offering (IPO) of Vilas Transcore will open for subscription on May 27 and close on May 29, comprising fresh issues of Rs.95.26 Crore. An investor can apply for the issue for a minimum of 1000 shares and the listing will happen on June 03, 2024.
#1. Quick Intro to Vilas Transcore
Vilas Transcore Limited (2006) is engaged in manufacturing and supplying components used in the power distribution and transmission sector, primarily to transformer and other power types of equipment manufacturers in India and abroad. The Company manufacture and supply a different range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination cores, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound cores and CRGO Toroidal cores which are mainly used in power transformers, distribution transformer & dry type transformers, high voltage / medium voltage & low voltage current transformers.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Vilas Transcore
The company intends to use the IPO Funds for the following purposes:
- Funding for capital expenditure purposes
- Funding for strategic investment and acquisitions.
- General corporate purposes and issue expenses.
#3. Vilas Transcore Core Strengths
- Long-standing in manufacturing of transformer components and power equipment sector
- Strong manufacturing capabilities
- Strong Financial position of the company
- Experienced promoters and management team
#4. Vilas Transcore IPO Review & Rating
| Issue Size | Rs.95.26 Crore |
| Issue Price | Rs.139-147 per share |
| Minimum Lot Size | 1000 Shares |
| Total Profit (Latest) | Rs.728.74 Lakhs |
| ROE | – |
| ROCE (%) | – |
| Listing on | NSE SME |
| IPO Deliver Rating | One |
#5. Vilas Transcore IPO Dates, Price Band & Details
Vilas Transcore IPO will open on May 27, 2024, and close on May 29, 2024. The IPO is to be listed on June 03, 2024.
| Type of issue | Book Built Issue IPO |
| Issue Size | Rs.95.26Crore |
| Price Brand | Rs.139-147 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | May 27, 2024 |
| IPO Close Date | May 29, 2024 |
| IPO Allotment Date | May 30, 2024 |
| Refund Date | May 31, 2024 |
| Share Credit Date | May 31, 2024 |
| Listing Date | June 03, 2024 |
#6. Vilas Transcore IPO Offer Details
Vilas Transcore IPO’s total issue size is 64,80,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 64,80,000 | 95.26 |
| Offer for Sale (OFS) | – | – |
#7. Vilas Transcore Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the period July 31, 2023, March 31, 2023 and March 31, 2022.
| Category (Rs.) | July 31, 2023 | March 31, 2023 | March 31, 2022 |
| Total Revenue | 10,519.27 | 28,478.14 | 23,518.05 |
| Net Worth | 12,768.38 | 12,039.64 | 10,023.41 |
| Profit | 728.74 | 2,016.23 | 1,791.49 |
| Total Borrowings | 4.74 | 489.62 | 346.72 |
#8. Vilas Transcore Quantitative Factors
The following table sets forth the summary of financial information of the company for the period July 31, 2023, 2023, March 31, 2023 and March 31, 2022.
| Category | July 31, 2023 | March 31, 2023 | March 31, 2022 |
| EPS (Rs.) | 4.05 | 11.20 | 9.05 |
| RoNW (%) | 5.71 | 16.75 | 17.87 |
| NAV (Rs.) | 70.94 | 45.73 | 55.69 |
#9. Vilas Transcore Comparison with Other Peer Companies (Top 2)
No listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Lakhs) |
RoNW (%) | EPS(Rs.) |
#10. Vilas Transcore Company Promoters
The company has one promoter as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Nilesh Jitubhai Patel |
#11. Vilas Transcore Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 99.97% |
| Post-issue | – |
#12. Vilas Transcore IPO Reservation Details
Vilas Transcore IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
#13. Vilas Transcore IPO – Lot Size
An investor can apply for a minimum of 1000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 1000 | 1,47,000 |
| Retail (Max.) | 1 | 1000 | 1,47,000 |
| HNI (Min.) | 2 | 2000 | 2,94,000 |
#14. Vilas Transcore IPO – Prospectus Copy
An investor can download/view the Vilas Transcore prospectus copy, which the company filed to exchange, details are as follows.
| Vilas Transcore IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Vilas Transcore IPO Registrar
Bigshare Services Private Limited
Website: www.bigshareonline.com
#16. Vilas Transcore IPO Lead Managers
Hem Securities Limited
Website; www.hemsecurities.com
#17. Vilas Transcore IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Vilas Transcore IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Vilas Transcore Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Vilas Transcore Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Vilas Transcore Company Details
Vilas Transcore Limited
Registered Office: Plot No.435 to 437, Nr Galaxy Hotel, NH No. 08, Village Por, Vadodara-3991243
Email: accounts@vilastranscore.com
Website: www.vilastranscore.com
Investor Grievances/Compliance Officer: Gandhali Gurunath Paluskar
#19. Vilas Transcore Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies (Indian) |
| 01. | – |
| 02. | – |
#20. Vilas Transcore Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Nilesh Patel |
| 02. | Manish Patel |
Vilas Transcore IPO – Frequently Asked Questions (FAQs)
| #1. What is a Vilas Transcore IPO?
Vilas Transcore brings its IPO of Rs. 95.26 Crore, on May 27, 2024, with a price band of Rs.139-147 per share. |
| #2. What is the Vilas Transcore IPO Open date?
Vilas Transcore IPO’s opening date is May 27, 2024. |
| #3. What is the Vilas Transcore IPO Close Date?
Vilas Transcore IPO’s closing date is May 29, 2024. |
| #4. What is the Vilas Transcore IPO Listing date?
Vilas Transcore’s IPO listing date is June 03, 2024. |
| #5. What is the Vilas Transcore IPO Minimum investment amount?
Vilas Transcore IPO’s minimum investment amount is Rs. 1,47,000. |
| #6. What is the Vilas Transcore IPO offer issue Size?
Vilas Transcore offers an issue size of Rs.95.26 Crore. |
| #7. What is the Vilas Transcore IPO Price Band?
Vilas Transcore’s IPO price band is Rs.139-147 per share. |
| #8. Is Vilas Transcore IPO mainboard IPO or SME IPO?
Vilas Transcore IPO is an SME IPO. |
(The content of the article is derived from the RHP & DRHP filed by the company to stock exchanges/SEBI)
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