Vilas Transcore IPO Review

 
Vilas Transcore IPO Review

IPO Open Date: May 27, 2024

IPO Close Date: May 29, 2024

IPO Price: ₹139 to ₹147 per share

Lot Size: 1000 Shares

Listing: June 03, 2024

Vilas Transcore is scheduled to hit the market on May 27, 2024 and close on May 29, 2024. Vilas Transcore plans to raise around ₹95.26 Cr through an IPO with a sale of up to 6,480,000 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.

Incorporated in 2006, Vilas Transcore Limited is a manufacturer and supplier of power distribution and transmission components, catering mainly to transformer and other power equipment manufacturers in India and overseas. Their product range includes CRGO laminated cores, CRGO cores, and slit coils crucial for different types of power transformers, distribution transformers, and current transformers. The company's manufacturing process adheres to industry standards and customer specifications, employing cutting-edge technology to ensure quality and precision in the power equipment sector.

With two manufacturing units located in Baroda, Gujarat, Vilas Transcore Limited operates from facilities spanning a total area of 13,200 square meters. The company's commitment to quality is underscored by its ISO 9001:2015 certification for conforming to quality management system standards. Furthermore, the company has received approval for sourcing toroidal cores for current transformers up to 400 KV class for Power Grid projects. As of July 31, 2023, the company employs around 250 staff across various organizational levels, contributing to its operations and growth in the power equipment industry.

Vilas Transcore



Vilas Transcore IPO Details

Vilas Transcore IPO opens on May 27, 2024, and closes on May 29, 2024. The Listing date for Vilas Transcore IPO is on June 03, 2024. The price band for IPO is ₹139 to ₹147 per share and lot size of 1000 Shares.

IPO DateMay 27, 2024 to May 29, 2024
Listing DateJune 03, 2024
Price₹139 to ₹147 per share
Lot Size1000 Shares
Issue Size₹95.26 Cr
Face Value₹10 per share

Vilas Transcore IPO Tentative Timetable

Vilas Transcore opening date is May 27, 2024 and close date is May 29, 2024. The IPO allotment date is May 30, 2024. The refund initiation of IPO is on May 31, 2024. The credit of shares in demat account is on May 31, 2024. The listing date is on June 03, 2024.

EventDate
IPO OpeningMay 27, 2024
IPO ClosingMay 29, 2024
IPO Allotment DateMay 30, 2024
Refund InitiationMay 31, 2024
Shares Credit to DematMay 31, 2024
Lisiting DateJune 03, 2024

Vilas Transcore IPO Lot Size

Lot Size of this IPO is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹147,000).

CategoryLotsSharesAmount
Retail(Minimum)11000₹147,000
Retail(Maximum)11000₹147,000
HNI (Minimum)22000₹294,000

Vilas Transcore IPO Promoter Holding

Pre Issue Share Holding99.97%
Post Issue Share Holding

Vilas Transcore IPO Review

Vilas Transcore, led by Nilesh Jitubhai Patel and Natasha Jitubhai Patel, is set to launch its IPO with a pre-issue shareholding of 99.97%. Established in 2006, the company specializes in manufacturing power distribution and transmission components for transformer and power equipment manufacturers globally. Their product line, including CRGO laminated Core and slit coils, caters to various types of transformers crucial in the power equipment industry.

The financial performance of Vilas Transcore has been commendable, with a significant revenue increase of 21.09% and a 12.54% rise in profit after tax between March 31, 2022, and March 31, 2023. The company's assets, revenue, and net worth have shown steady growth over the years, reflecting a strong financial foundation. With certifications like ISO 9001:2015 and approval for sourcing toroidal cores for Power Grid projects up to 400 KV class, Vilas Transcore exhibits a commitment to quality and innovation.

Investors eyeing the Vilas Transcore IPO can expect an EPS of Rs 11.2 pre-IPO and Rs 8.93 post-IPO, indicating a potential shift in earnings per share post the issue. The market capitalization stands at Rs 359.86 Cr, making it an attractive investment opportunity. The objectives of the IPO, focusing on strategic investments, capital expenditure for infrastructure development, and general corporate purposes, highlight the company's growth plans and vision for the future. Overall, Vilas Transcore's IPO presents a compelling proposition for investors looking to participate in India's growing power equipment manufacturing sector.

Vilas Transcore IPO Subscription Status (Bidding Details)

Table not found

Vilas Transcore IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Vilas Transcore IPO FAQs

What is Vilas Transcore IPO?

Vilas Transcore is issuing 6,480,000 equity shares with a face value of 10 each, totaling up to ₹95.26 Cr. The shares are being offered at a price of ₹139 to ₹147 each, with a minimum order quantity of 1000 shares.

Bigshare Services Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Vilas Transcore IPO will open?

Vilas Transcore will open on May 27, 2024 for QIB, NII, and Retail Investors.

When Vilas Transcore IPO will end?

Vilas Transcore will end on May 29, 2024.

What is Vilas Transcore IPO Size?

Vilas Transcore IPO size is 95.26 Cr.

What is Vilas Transcore IPO Price Band?

Vilas Transcore price band is ₹139 to ₹147 per share.

What is the Vilas Transcore IPO Allotment Date?

Vilas Transcore allotment date is May 30, 2024.

What is the Vilas Transcore IPO Listing Date?

Vilas Transcore listing date is June 03, 2024. The IPO is to be listed on BSE and NSE.

How to Vilas Transcore IPO through Zerodha?

To apply for the IPO “Vilas Transcore” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Vilas Transcore IPO through Upstox?

To apply for the IPO “Vilas Transcore” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Vilas Transcore IPO Allotment Status?

For Vilas Transcore IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Vilas Transcore IPO GMP?

You can check out here: Vilas Transcore IPO GMP

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About Ishika Agarwal

Ishika Agarwal is a seasoned financial writer with a strong background in the stock market and investment sector. Ishika has a passion for analyzing and interpreting complex financial data to provide valuable insights to her readers.

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