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Vilas Transcore IPO is a book build issue of ₹95.26 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹95.26 crore.
Vilas Transcore IPO bidding started from May 27, 2024 and ended on May 29, 2024. The allotment for Vilas Transcore IPO was finalized on May 30, 2024. The shares got listed on NSE SME on Jun 3, 2024.
Vilas Transcore IPO price band is set at ₹147.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,39,000 (1000 shares). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹2,94,000.
Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Finlease Pvt.Ltd..
Refer to Vilas Transcore IPO RHP for detailed Information.
| IPO Date | May 27, 2024 to May 29, 2024 |
| Listing Date | June 3, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹139 to ₹147 per share |
| Issue Price Final | ₹147 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 64,80,000 shares (aggregating up to ₹95.26 Cr) |
| Reserved for Market Maker | 3,26,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹4.79 Cr) |
| Net Offered to Public | 61,54,000 shares (aggregating up to ₹90.46 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,80,00,000 shares |
| Share Holding Post Issue | 2,44,80,000 shares |
Vilas Transcore IPO offers total 64,80,000 shares. Out of which 30,76,000 (47.47%) allocated to QIB, 12,31,000 (19.00%) allocated to QIB, 9,24,000 (14.26%) allocated to NII, 21,54,000 (33.24%) allocated to RII and 18,45,000 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,26,000 (5.03%) |
| QIB Shares Offered | 30,76,000 (47.47%) |
| − Anchor Investor Shares Offered | 18,45,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 12,31,000 (19.00%) |
| NII (HNI) Shares Offered | 9,24,000 (14.26%) |
| Retail Shares Offered | 21,54,000 (33.24%) |
| Total Shares Offered | 64,80,000 (100.00%) |
Vilas Transcore IPO raises ₹27.12 crore from anchor investors. Vilas Transcore IPO Anchor bid date is May 24, 2024. Vilas Transcore IPO Anchor Investors list
| Bid Date | May 24, 2024 |
| Shares Offered | 18,45,000 |
| Anchor Portion Size (In Cr.) | 27.12 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 29, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 28, 2024 |
Vilas Transcore IPO opens on May 27, 2024, and closes on May 29, 2024.
| IPO Open Date | Mon, May 27, 2024 |
| IPO Close Date | Wed, May 29, 2024 |
| Tentative Allotment | Thu, May 30, 2024 |
| Initiation of Refunds | Fri, May 31, 2024 |
| Credit of Shares to Demat | Fri, May 31, 2024 |
| Tentative Listing Date | Mon, Jun 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, May 29, 2024 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,47,000 |
| Retail (Max) | 1 | 1,000 | ₹1,47,000 |
| HNI (Min) | 2 | 2,000 | ₹2,94,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2006, 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's revenue increased by 21.09% and profit after tax (PAT) rose by 12.89% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 20,820.50 | 18,879.83 | 17,265.64 | 14,266.28 |
| Total Income | 23,829.57 | 28,478.14 | 23,518.05 | 13,485.41 |
| Profit After Tax | 1,679.49 | 2,022.43 | 1,791.49 | 523.42 |
| Net Worth | 13,725.33 | 12,045.84 | 10,023.41 | 8,231.92 |
| Reserves and Surplus | 13,531.38 | 13,404.08 | 11,451.23 | 9,729.31 |
| Total Borrowing | 499.95 | 489.62 | 346.72 | 757.83 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Vilas Transcore IPO is ₹359.86 Cr.
KPI as of Fri, May 31, 2024.
| KPI | Values |
|---|---|
| ROE | 13.03% |
| ROCE | 16.10% |
| Debt/Equity | 0.03 |
| RoNW | 12.24% |
| PAT Margin | 7.12% |
| Price to Book Value | 0.00 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 11.20 | 8.93 |
| P/E (x) | 13.12 | 16.46 |
The company intends to utilize the proceeds of the Issue to meet the following objectives:-
[Dilip Davda] The company is engaged in the manufacturing of components needed for power distribution and transmission sector. For the reported periods it marked growth in its top and bottom lines, but posted pressure on net margins. Based on FY24 annualized earnings, the issue appears fully priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...
| Listing Date | June 3, 2024 |
| BSE Script Code | |
| NSE Symbol | VILAS |
| ISIN | INE0AZY01017 |
| Final Issue Price | ₹147 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹147.00 |
| Open | ₹215.00 |
| Low | ₹204.25 |
| High | ₹225.75 |
| Last Trade | ₹225.75 |
Vilas Transcore Ltd.
Plot No 435 To 437,
Nr Galaxy Hotel, N H
No 8, Village Por,
Vadodara, Gujarat, 391243
Phone: +91- 9328026768
Email: accounts@vilastranscore.com
Website: https://vilastranscore.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Vilas Transcore IPO is a SME IPO of 64,80,000 equity shares of the face value of ₹10 aggregating up to ₹95.26 Crores. The issue is priced at ₹147 per share. The minimum order quantity is 1000.
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.
Zerodha customers can apply online in Vilas Transcore IPO using UPI as a payment gateway. Zerodha customers can apply in Vilas Transcore IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vilas Transcore IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vilas Transcore IPO opens on May 27, 2024 and closes on May 29, 2024.
Vilas Transcore IPO lot size is 1000, and the minimum amount required for application is ₹1,47,000.
You can apply in Vilas Transcore IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vilas Transcore IPO will be done on Thursday, May 30, 2024, and the allotted shares will be credited to your demat account by Friday, May 31, 2024. Check the Vilas Transcore IPO allotment status.
The Vilas Transcore IPO listing date is on Monday, June 3, 2024.
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