
Vilas Transcore Limited IPO
NSE SMEListed On: Jun 3, 2024 at ₹ 215.0
₹ 294000 /2000 Shares
*Min Investment
27 May, 2024
Open Date29 May, 2024
Close Date30 May, 2024
Allotment Date03 Jun, 2024
Listing DateVilas Transcore Limited IPO Issue Details
- Issue Price ₹139-147 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 64,80,000 shares(aggregating up to ₹95.26 crore)
- Fresh Share 64,80,000 shares(aggregating up to ₹95.26 crore)
- Listing at NSE SME
- List Price 215.0
- Listing Date 2024-06-03
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,47,000 |
| Retail(max) | 1 | 1000 | ₹1,47,000 |
| NII (min) | 2 | 2,000 | ₹2,94,000 |
Vilas Transcore Limited IPO Reservation
Vilas Transcore Limited IPO offers total 6,480,000 shares. Out of which 1,231,000 (19%) allocated to QIB, 924,000 (14.26%) allocated to NII,2,154,000 (33.24%) allocated to RII, NA (NA%) allocated to employees and 1,845,000 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,845,000 (28.47%) | |
| Market Maker Shares Offered | 326,000 (5.03%) | |
| QIB Shares Offered | 1,231,000 (19%) | |
| NII (HNI) Shares Offered | 924,000 (14.26%) | |
| Retail Shares Offered | 2,154,000 (33.24%) | |
| Total Shares Offered | 6,480,000 (100%) |
Vilas Transcore Limited IPO Details
Vilas Transcore Limited IPO is an SME IPO, priced at ₹139-147 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 64,80,000 equity shares, aggregating up to ₹95.26 crores..
The IPO bidding window is open from May 27, 2024 to May 29, 2024. The allotment is expected to be finalized on May 30, 2024, and the tentative listing date is Jun 3, 2024.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,47,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,94,000.
Hem Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Hem Finlease Private Limited will act as the market maker for this issue.
Vilas Transcore Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,231,000 / 924,000 | 2,154,000 | 4,309,000 |
Day 1 27-05-24 06:00 PM | 5.35 / 8.06 x | 14.55 x | 10.53 x |
Day 2 28-05-24 06:00 PM | 6.04 / 28.41 x | 40.64 x | 28.13 x |
Day 3 29-05-24 06:00 PM | 114.64 / 449.21 x | 151.42 x | 204.77 x |
Vilas Transcore Limited Valuations
Vilas Transcore Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 18,879.83 | 17,265.64 | 14,266.28 |
| Revenue | 28,478.14 | 23,518.05 | 13,485.41 |
| Profit After Tax | 2,022.43 | 1,791.49 | 523.42 |
| Net Worth | 12,045.84 | 10,023.41 | 8,231.92 |
| Reserves & Surplus | 13,404.08 | 11,451.23 | 9,729.31 |
| Total Borrowing | 489.62 | 346.72 | 757.83 |
About Vilas Transcore Limited Company
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.
Vilas Transcore Limited - Promoter(s)
Nilesh Jitubhai Patel
Natasha Jitubhai Patel
Pre Issue Share Holding : 99.97%
Post Issue Share Holding : %
Vilas Transcore Limited IPO - Issue Objectives
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.
Contact Details
Vilas Transcore Limited
Plot No 435 To 437, Nr Galaxy Hotel, N H, No 8, Village Por, Vadodara- 391243
+91- 9328026768
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Vilas Transcore Limited IPO - FAQs
Ans. Vilas Transcore Limited IPO is a SME IPO. The issue is priced at ₹139-147 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 27, 2024, and closes on May 29, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Vilas Transcore Limited IPO opens on May 27, 2024 and closes on May 29, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Vilas Transcore Limited IPO is 6,480,000 shares(aggregating up to ₹95.26 Cr).
Ans. The Vilas Transcore Limited IPO price band is set between ₹139-147 per equity share.
Ans. To apply for Vilas Transcore Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vilas Transcore Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vilas Transcore Limited IPO is May 30, 2024.
Ans. The Vilas Transcore Limited IPO will be listed on Jun 3, 2024.
Ans. Follow the steps to check the Vilas Transcore Limited IPO allotment status online.