Vilas Transcore Limited IPO (Vilas Transcore IPO)

Vilas Transcore Limited IPO
Upcoming Vilas Transcore IPO | New Vilas Transcore IPO

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

Vilas Transcore IPO – Details

IPO Opening Date27 May 2024
IPO Closing Date29 May 2024
Issue TypeBook Built Issue IPO
Issue Size64,80,000 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 Lot1000 Shares
Min Order1000 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Vilas Transcore IPO – Date Schedule

IPO Open Date27 May 2024
IPO Close Date29 May 2024
Basis of Allotment30 May 2024
Initiation of Refund31 May 2024
Credit of Shares to Demat Account31 May 2024
IPO Listing Date03 June 2024
Cut-off time for UPI mandate confirmation5 PM on May 29, 2024

Vilas Transcore IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11000₹1,47,000
Retail (Maximum)11000₹1,47,000
HNI (Minimum)22000₹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.
Vilas Transcore IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2021134.85127.815.237.57
31 March 2022235.18211.1217.913.46
31 March 2023284.78257.5620.164.89
29 February 2024105.1995.477.280.04
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)
EPS (Rs)11.28.93
P/E (x)13.1216.46

Vilas Transcore IPO Promoter Holding

Pre Issue Share Holding99.97%
Post Issue Share Holding

Vilas Transcore IPO Prospectus

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

Vilas Transcore IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Vilas Transcore IPO Lead Manager(s)

1. Hem Securities Limited

Vilas Transcore IPO FAQs

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.
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