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. Our 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.
Vilas Transcore IPO – Details
| IPO Opening Date | 27 May 2024 |
| IPO Closing Date | 29 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 64,80,000 Shares Worth ₹95.26 Crore Fresh Issue: 64,80,000 Shares Worth ₹95.26 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹139 – ₹147 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Vilas Transcore IPO – Date Schedule
| IPO Open Date | 27 May 2024 |
| IPO Close Date | 29 May 2024 |
| Basis of Allotment | 30 May 2024 |
| Initiation of Refund | 31 May 2024 |
| Credit of Shares to Demat Account | 31 May 2024 |
| IPO Listing Date | 03 June 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2024 |
Vilas Transcore IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | ₹1,47,000 |
| Retail (Maximum) | 1 | 1000 | ₹1,47,000 |
| HNI (Minimum) | 2 | 2000 | ₹2,94,000 |
Competitive Strengths
- Long standing in manufacturing of transformer component and power equipment sector.
- Strong manufacturing capabilities.
- Longstanding relationships with customers.
- Skilled and experienced promoter and management team.
- Strong financial position with robust financial performance.
Company Promoters
- Nilesh Jitubhai Patel
- Natasha Jitubhai Patel
Object Of The Issue
- Funding for strategic investment and acquisitions,
- Funding Capital Expenditure towards construction of factory building,
- Funding capital expenditure towards acquiring and installing additional plant and machinery,
- General Corporate Purpose,
- To meet issue expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 134.85 | 127.81 | 5.23 | 7.57 |
| 31 March 2022 | 235.18 | 211.12 | 17.91 | 3.46 |
| 31 March 2023 | 284.78 | 257.56 | 20.16 | 4.89 |
| 29 February 2024 | 105.19 | 95.47 | 7.28 | 0.04 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | – |
| ROCE | – |
| Debt/Equity | – |
| RoNW | – |
| P/BV | – |
| PAT Margin (%) | – |
| Pre IPO | Post IPO | |
| EPS (Rs) | 11.2 | 8.93 |
| P/E (x) | 13.12 | 16.46 |
Vilas Transcore IPO Promoter Holding
| Pre Issue Share Holding | 99.97% |
| Post Issue Share Holding | – |
Vilas Transcore IPO Prospectus
- Vilas Transcore IPO DRHP
- Vilas Transcore IPO RHP
Company Contact Information
| Vilas Transcore Limited Plot No 435 To 437, Nr Galaxy Hotel, N H No 8, Village Por Vadodara- 391243. Phone: +91- 9328026768 Email: accounts@vilastranscore.com Website: https://vilastranscore.com/ |
Vilas Transcore IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Vilas Transcore IPO Lead Manager(s)
| 1. Hem Securities Limited |
Vilas Transcore IPO FAQs
| What is Vilas Transcore IPO? Vilas Transcore IPO is a SME IPO. The issue is priced at ₹139 – ₹147 per equity share. The IPO is to be listed on NSE SME. |
| When Vilas Transcore IPO will open? The IPO is to open on 27 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Vilas Transcore IPO? You can apply for Vilas Transcore IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Vilas Transcore IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vilas Transcore”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Vilas Transcore IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vilas Transcore”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Vilas Transcore IPO Size? Vilas Transcore IPO size is ₹95.26 crores. |
| What is Vilas Transcore IPO Price Band? Vilas Transcore IPO Price Band is ₹139 – ₹147. |
| What is Vilas Transcore IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,47,000 amount while the maximum bid is 1000 shares with ₹1,47,000. |
| What is the Vilas Transcore IPO Allotment Date? Vilas Transcore IPO allotment date is 30 May 2024. |
| What is the Vilas Transcore IPO Listing Date? Vilas Transcore IPO listing date is 03 June 2024. The IPO is to list on NSE SME. |
