Bookbuilding IPO | ₹95 Cr | Listed at NSE SME | Mon, May 27, 2024 - Wed, May 29, 2024
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 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,47,000 (1000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Mon, May 27, 2024
IPO Close
Wed, May 29, 2024
Issue Price
₹147 per share
Market Cap (Pre-IPO)
₹359.86 Cr
| IPO Date | 27 to 29 May, 2024 |
| Listed on | Mon, Jun 3, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹139 to ₹147 |
| Issue Price | ₹147 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 64,80,000 shares (agg. up to ₹95 Cr) |
| Reserved for Market Maker | 3,26,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹5 Cr) |
| Fresh Issue (Ex Market Maker) | 61,54,000 shares (agg. up to ₹90 Cr) |
| Net Offered to Public | 61,54,000 shares (agg. up to ₹90 Cr) |
| Share Holding Pre Issue | 1,80,00,000 shares |
| Share Holding Post Issue | 2,44,80,000 shares |
| NSE Symbol | VILAS |
| ISIN | INE0AZY01017 |
Vilas Transcore IPO comprises a total issue size of 64,80,000 shares. The net offer to the public is 61,54,000 shares, after excluding 3,26,000 shares allotted on a firm basis. Of the Net offer 30,76,000 (49.98%) are allocated to QIB, 9,24,000 (15.01%) allocated to NII 21,54,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 30,76,000 | 49.98% | 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 | 15.01% | 14.26% |
| Retail Shares Offered | 21,54,000 | 35.00% | 33.24% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,26,000 | 5.03% | |
| Total Shares Offered | 64,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| 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 |
Vilas Transcore IPO raises ₹27.12 crore from anchor investors. Vilas Transcore IPO Anchor bid date is May 24, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, May 24, 2024 |
| Shares Offered | 18,45,000 |
| Anchor Portion (₹ Cr.) | 27.12 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Jun 29, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Aug 28, 2024 |
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.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 208.21 | 188.80 | 172.66 | 142.66 |
| Total Income | 238.30 | 284.78 | 235.18 | 134.85 |
| Profit After Tax | 16.79 | 20.22 | 17.91 | 5.23 |
| NET Worth | 137.25 | 120.46 | 100.23 | 82.32 |
| Reserves and Surplus | 135.31 | 134.04 | 114.51 | 97.29 |
| Total Borrowing | 5.00 | 4.90 | 3.47 | 7.58 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding for strategic investment and acquisitions | 5.00 |
| 2 | Funding Capital Expenditure towards construction of factory building | 20.10 |
| 3 | Funding capital expenditure towards acquisition and installation of additional plant and machinery | 45.21 |
| 4 | General Corporate Purposes | 18.23 |
| KPI | May 31, 2024 |
|---|---|
| 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 (₹) | 11.20 | 8.93 |
| P/E (x) | 13.12 | 16.46 |
| Promoter Holding | 99.97% | 73.01% |
| Market Cap | ₹359.86 Cr. |
The Vilas Transcore IPO is subscribed 204.77 times on May 29, 2024 6:19:56 PM (Day 3). The public issue subscribed 151.42 times in the retail category, 114.64 times in the QIB category, and 449.21 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 114.64 | 12,31,000 | 14,11,22,000 |
| NII* | 449.21 | 9,24,000 | 41,50,72,000 |
| Retail | 151.42 | 21,54,000 | 32,61,66,000 |
| Total | 204.77 | 43,09,000 | 88,23,60,000 |
Total Application : 3,26,166
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees including underwriting commission | 1.22 |
| 2 | Fees Payable to Registrar to the Issue | 0.04 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.40 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.15 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.03 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.03 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Uploading fees and Miscellaneous Expenses) | 4.86 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹147.00 |
| Open | ₹215.00 |
| Low | ₹204.25 |
| High | ₹225.75 |
| Last Trade | ₹225.75 |
Lead Manager Reports
Vilas Transcore IPO is a SME IPO of 64,80,000 equity shares of the face value of ₹10 aggregating up to ₹95 Crores. The issue is priced at ₹147 per share. The minimum order quantity is 1000.
The IPO opens on Mon, May 27, 2024, and closes on Wed, 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 Mon, May 27, 2024 and closes on Wed, 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 Fri, May 31, 2024. Check the Vilas Transcore IPO allotment status.
The Vilas Transcore IPO listing date is on Mon, Jun 3, 2024.
