Vilas Transcore Limited IPO
- IPO Date27 May, 2024 to 29 May, 2024
- Listing Date03 Jun, 2024
- Face Value₹10 per share
- Issue Price₹139 to ₹147 per share
- Lot Size1000 Shares
- Minimum Investment₹1,47,000
- Listing AtNSE SME
- Total Issue Size64,80,000 Shares
(aggregating up to ₹95.26 Cr) - Fresh Issue64,80,000 Shares
(aggregating up to ₹95.26 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,80,00,000
- Shareholding post issue2,44,80,000
IPO Dates
Closing Date
29 May, 2024
Initiation of Refunds
31 May, 2024
Listing Date
03 Jun, 2024
27 May, 2024
Opening Date
30 May, 2024
Basis of Allotment
31 May, 2024
Credit of Shares
Vilas Transcore Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | 2 | 2000 | ₹2,94,000 |
| S-HNI (Max) | - | - | - |
| Retail (Max) | 1 | 1000 | ₹1,47,000 |
| Retail (Min) | 1 | 1000 | ₹1,47,000 |
| B-HNI (Min) | - | - | - |
Vilas Transcore Limited Promoter Holding
The promoters of the company are Nilesh Jitubhai Patel and Natasha Jitubhai Patel.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.97% | - |
Vilas Transcore Limited COMPANY INFORMATION
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. Vilas Transcore IPO opens for subscription on May 27, 2024 and closes on May 29, 2024. 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. Vilas Transcore IPO price band is set at ₹139 to ₹147 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹147,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹294,000. Hem Securities Limited is the book running lead manager of the Vilas Transcore IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. Refer to Vilas Transcore IPO DRHP for detailed information.
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.
FAQs About Vilas Transcore Limited Ipo (Vilas Transcore Ipo)
Vilas Transcore Limited IPO will open on 27 May, 2024 and close on 29 May, 2024. Investors must apply within this period to participate.
The Vilas Transcore Limited IPO price band is set between ₹139.00 and ₹147.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹147000.00.
The Vilas Transcore Limited IPO shares are expected to be listed on 03 Jun, 2024, subject to regulatory approvals and final allotment.
You can track your Vilas Transcore Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Vilas Transcore Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.