Incorporated in the year 2006, VilasTranscore is engaged in the manufacturing and supply of components used in the power distribution and transmission sector, primarily to the transformer and other power equipment manufacturers in India and abroad. They manufacture and supply a different range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination cores, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound cores, and CRGO Toroidal cores which are mainly used in power transformers, distribution transformer & dry type transformers, high voltage / medium voltage & low voltage current transformers. They manufacture their products keeping in mind the industry standards and specifications given by the customer, with the use of the latest technology to manufacture their products and offer their customers the defined requirements based on the product dimensions and materials for application in the power & distribution equipment industry.
They are majorly catering to the power distribution and power engineering industry. Their products, CRGO laminated Core, CRGO core, and slit coils are one of the most important parts of different kinds of power transformers, distribution transformers & other current transformers. The core of a transformer is a very important part of the proper functioning of the transformer. The core of the transformer is made through laminated sheets which are used to minimize current losses and CRGO steel material is used to minimize hysteresis losses, it provides a low reluctance path for electromagnetic flux and supports the primary and secondary windings of the transformer. The core is laminated to reduce these currents to a minimum as they interfere with the efficient transfer of energy from the primary coil to the secondary coil. Considering the importance of core, many points are kept in mind while designing and manufacturing of the laminations, like manufacturing, functional reliability, longer service life, economy, etc. The use of proper material & optimization of the shape is also very important for the efficiency of the transformer.
Currently, they operate from their two manufacturing facilities located at Por near Vadodara, Gujarat. The manufacturing unit 1 is located at 283-285, GIDC, Por-Ramangamdi, N.H.No.8, Dist.: Baroda – 391 243 (Gujarat) India admeasuring an area of over 2200 sq. mtrs. The manufacturing Unit 2 located at Plot No 435 To 437, Nr Galaxy Hotel, N H No 8, Village Por, Vadodara, Gujarat, 391243 is also being used as the registered office for their Company is spread over an area of over 11000 sq. mtrs.
Objects of the Issue:
- Funding for strategic investment and acquisitions
- Funding Capital Expenditure towards construction of factory building
- Funding capital expenditure towards acquisition and installation of additional plant and machinery
- General Corporate Purpose
- To meet issue expenses.
Vilas Transcore IPO Review
- May Apply
Vilas Transcore IPO Date & Price Band Details
| IPO Open: | May 27, 2024 |
| IPO Close: | May 29, 2024 |
| IPO Size: | Approx ₹95.26 Crores, 64,80,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹139 to ₹147 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Vilas Transcore IPO Market Lot
The Vilas Transcore IPO minimum market lot is 1000 shares with a ₹147,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹147,000 |
| Retail Maximum | 1 | 1000 | ₹147,000 |
| S-HNI Minimum | 2 | 2000 | ₹294,000 |
Vilas Transcore IPO Dates
The Vilas Transcore IPO date is May 27 and the IPO close date is May 29. The IPO allotment date is May 30 and the IPO might list on June 3.
| IPO Open Date: | May 27, 2024 |
| IPO Close Date: | May 29, 2024 |
| Basis of Allotment: | May 30, 2024 |
| Refunds: | May 31, 2024 |
| Credit to Demat Account: | May 31, 2024 |
| IPO Listing Date: | June 3, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Vilas Transcore IPO Form
How to apply Vilas Transcore IPO? You can apply Vilas Transcore IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vilas Transcore IPO in the Invest section. The other option you can apply Vilas Transcore IPO via IPO forms download via the NSE website. Check out the Vilas Transcore forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Vilas Transcore Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹134.85 | ₹127.81 | ₹5.23 |
| 2022 | ₹235.18 | ₹211.13 | ₹17.91 |
| 2023 | ₹284.78 | ₹257.57 | ₹20.16 |
| July 2023 | ₹105.19 | ₹95.48 | ₹7.29 |
Vilas Transcore IPO Valuation – FY2023
Check Vilas Transcore IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹11.20 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 16.75% |
| Net Asset Value (NAV): | ₹66.89 per Equity Share |
Peer Group
- NA
Company Promoters
- Nilesh Jitubhai Patel
- Natasha Jitubhai Patel
Vilas Transcore IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Vilas Transcore IPO Allotment Status
Check Vilas Transcore IPO allotment status on Bigshare website URL. Click Here
Vilas Transcore IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
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
