The Vilas Transcore Limited date has been confirmed from May 27, 2024 – May 29, 2024. Read the post to learn about Vilas Transcore Limited IPO GMP.
Vilas Transcore IPO is a book built issue of Rs 95.26 crores. The issue is entirely a fresh issue of 64.8 lakh shares. The allotment for the Vilas Transcore IPO is expected to be finalized on Thursday, May 30, 2024. Vilas Transcore IPO will list on NSE SME with tentative listing date fixed as Monday, June 3, 2024.
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Key Details Of Vilas Transcore Limited IPO
Bidding Dates
May 27 – 29
Price Range
₹139 to ₹147 per share
Face Value
₹10 per share
GMP
₹97
Vilas Transcore Limited IPO GMP
The Vilas Transcore Limited IPO GMP is ₹97.
IPO Overview
The subscription for the Vilas Transcore IPO will begin on May 27, 2024, and end on May 29, 2024. The price range for the Vilas Transcore IPO is set at ₹139 to ₹147 per share. Retail investors need to invest a minimum of ₹147,000, while HNI investors need to invest in 2 lots (2,000 shares) amounting to ₹294,000. The minimum lot size for an application is 1000 shares.
The company offers a range of electrical lamination products, such as CRGO cores and coils for transformers. Their manufacturing process adheres to industry standards and customer requirements, utilizing cutting-edge technology to guarantee quality and accuracy for the power equipment sector.
Vilas Transcore Limited IPO Details
| IPO Date | May 27, 2024 to May 29, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹139 to ₹147 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 6,480,000 shares (aggregating up to ₹95.26 Cr) |
| Fresh Issue | 6,480,000 shares (aggregating up to ₹95.26 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,000,000 |
| Share holding post issue | 24,480,000 |
| Market Maker portion | 326,000 shares |
Vilas Transcore Limited Financial Information
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 21,577.65 | 18,879.83 | 17,265.64 | 14,266.28 |
| Revenue | 10,519.27 | 28,478.14 | 23,518.05 | 13,485.41 |
| Profit After Tax | 728.74 | 2,016.23 | 1,791.49 | 523.42 |
| Net Worth | 12,768.38 | 12,039.64 | 10,023.41 | 8,231.92 |
| Reserves and Surplus | 14,103.43 | 13,397.88 | 11,451.23 | 9,729.31 |
| Total Borrowing | 4.74 | 489.62 | 346.72 | 757.83 |
| Amount in ₹ Lakhs | ||||
Vilas Transcore Limited IPO Timeline
| IPO Open Date | Monday, May 27, 2024 |
| IPO Close Date | Wednesday, May 29, 2024 |
| Basis of Allotment | Thursday, May 30, 2024 |
| Initiation of Refunds | Friday, May 31, 2024 |
| Credit of Shares to Demat | Friday, May 31, 2024 |
| Listing Date | Monday, June 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2024 |
Company Profile
The company, Vilas Transcore, was established in 1996 as part of the NJ Group. It is led by Mr. Nilesh Patel and has gained a strong reputation in the market. For over 17 years, Vilas Transcore Ltd. has focused on producing transformer lamination, toroidal cores, and c.r.g.o. slitted coils. The company has a skilled workforce and a dedicated team of experts. Vilas Transcore prioritizes quality production and values customer satisfaction for long-term relationships. Vilas Transcore is leading the way with quality products, skilled employees, ethical
business practices, and strong partnerships with suppliers and customers. We strive for excellence in everything we do to make a positive impact on the world.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Vilas Transcore Limited |
| Phone number | +91- 9328026768 |
| Email ID | [email protected] |
| Website | vilastranscore.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Vilas Transcore Limited IPO FAQs
When Vilas Transcore IPO will open?
The Vilas Transcore IPO opens on May 27, 2024 and closes on May 29, 2024.
What is the lot size of Vilas Transcore IPO?
Vilas Transcore IPO lot size is 1000 Shares, and the minimum amount required is ₹147,000.
When is Vilas Transcore IPO listing date?
The Vilas Transcore IPO listing date is not yet announced. The tentative date of Vilas Transcore IPO listing is Monday, June 3, 2024.
