Last updated on June 3, 2024
Vilas Transcore IPO description – Incorporated in 2006, Vilas Transcore is involved in the production of components used in the power distribution and transmission sector, primarily to manufacturers of transformers and other power equipment in India and abroad.
The company manufactures a variety of electrical lamination products including cold-rolled grain-oriented (CRGO) lamination cores, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound cores, and CRGO toroidal cores. These products are primarily used in power transformers, distribution transformers, dry-type transformers, as well as high-voltage, medium-voltage, and low-voltage current transformers.
The company’s revenue has surged at a compound annual growth rate of 45.96% from fiscal 2021 to fiscal 2023, driven by increased business with customers and repeat orders from top clients.
Vilas Transcore operates from two manufacturing facilities located in Vadodara, Gujarat. The company has a combined installed manufacturing capacity of 12,000 MT, which includes CRGO laminations, coils, assemblies, and cores. Its major customers include Voltamp Transformers, Electrotherm India, Atlas Transformers India, Shilchar Technologies, and others.
Promoters of Vilas Transcore – Nilesh Jitubhai Patel, and Natasha Nilesh Patel
Table of Contents
Vilas Transcore IPO Details
| Vilas Transcore IPO Dates | 27 – 29 May 2024 |
| Vilas Transcore Issue Price | INR 139 – 147 per share |
| Fresh issue | 64,80,000 shares (INR 90.07 – 95.26 crore) |
| Offer For Sale | NIL |
| Total IPO size | 64,80,000 shares (INR 90.07 – 95.26 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 1,47,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Vilas Transcore Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 132.65 | 233.03 | 282.61 | 235.75 |
| Expenses | 127.81 | 211.13 | 257.57 | 215.97 |
| Net income | 5.23 | 17.92 | 20.22 | 16.80 |
Vilas Transcore Offer News
- Vilas Transcore RHP
- Vilas Transcore Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Vilas Transcore Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.91 | 9.95 | 11.24 |
| PE ratio | – | – | 12.37 – 13.08 |
| RONW (%) | 6.36 | 17.87 | 16.79 |
| NAV | 45.73 | 55.69 | 66.92 |
| ROCE (%) | 9.22 | 24.74 | 22.64 |
| EBITDA (%) | 60.2 | 10.93 | 10.09 |
| Debt/Equity | 0.08 | 0.03 | 0.04 |
Vilas Transcore IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 31 May 2024 | 108 | – | 82,000 |
| 30 May 2024 | 108 | – | 81,500 |
| 29 May 2024 | 108 | – | 81,500 |
| 28 May 2024 | 100 | – | 75,000 |
| 27 May 2024 | 77 | – | 57,800 |
| 25 May 2024 | 63 | – | 40,000 |
| 24 May 2024 | 80 | – | 55,000 |
| 23 May 2024 | 80 | – | 54,000 |
| 22 May 2024 | 45 | – | 41,000 |
Vilas Transcore IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 12,31,000 | 9,24,000 | 21,54,000 | 43,09,000 |
| 29 May 2024 | 114.64 | 449.56 | 151.42 | 204.85 |
| 28 May 2024 | 6.04 | 28.54 | 39.32 | 27.50 |
| 27 May 2024 | 5.35 | 8.06 | 14.55 | 10.53 |
The market maker reservation portion of 3,26,000 shares is not included in the above calculations.
Vilas Transcore IPO Allotment Status
Vilas Transcore IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Vilas Transcore IPO Dates & Listing Performance
| IPO Opening Date | 27 May 2024 |
| IPO Closing Date | 29 May 2024 |
| Finalization of Basis of Allotment | 30 May 2024 |
| Initiation of refunds | 31 May 2024 |
| Transfer of shares to demat accounts | 31 May 2024 |
| IPO Listing Date | 3 June 2024 |
| Opening Price on NSE SME | INR 215 per share (up 46.26%) |
| Closing Price on NSE SME | INR 225.75 per share (up 53.57%) |
Vilas Transcore Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email:Â [email protected]
Website:Â www.hemsecurities.com
Vilas Transcore Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â [email protected]
Website:Â www.bigshareonline.com
Vilas Transcore Issue Contact Details
VILAS TRANSCORE LIMITED
Plot No 435 To 437, Nr Galaxy Hotel, NH No 8,
Village Por, Vadodara, Gujarat, 391243
Phone: +91- 9328026768
E-mail: [email protected]
Website: www.vilastranscore.com
IPO FAQs
What is the Vilas Transcore offer size?
Vilas Transcore offer size is INR 90.07 – 95.26 crores.
What is the Vilas Transcore offer price band?
Vilas Transcore public offer price is INR 139 – 147 per share.
What is the lot size of the Vilas Transcore IPO?
Vilas Transcore offer a lot size is 1,000 shares.
What is Vilas Transcore IPO GMP today?
Vilas Transcore IPO GMP today is INR 108 per share.
What is the Vilas Transcore kostak rate today?
Vilas Transcore kostak rate today is INR NA per application.
What is Vilas Transcore Subject to the Sauda rate today?
Vilas Transcore is Subject to the Sauda rate today is INR 82,000 per application.
