What you must know about Vilas Transcore IPO?
by 5paisa Research Team
17 May 2024
Listing Details
- Listing Exchange NSE SME
- Listing Date 03-Jun-24
- IPO Price Range ₹ 139
- Listing Price ₹ 215
- Listing Change 54.7%
- Last Traded Price ₹ 495
- Current Change 256.1%
Vilas Transcore IPO Details
- Open Date 27-May-24
- Close Date 29-May-24
- Lot Size 1000
- IPO Size ₹ 95.26 Cr
- IPO Price Range ₹ 139
- Min Investment ₹ 147,000
- Listing Exchange NSE SME
- Basis of Allotment 30-May-24
- Refunds 31-May-24
- Credit to Demat Account 31-May-24
- Listing Date 03-Jun-24
Vilas Transcore IPO Synopsis
Vilas Transcore IPO is all set to open from 27th May to 29th May 2024. The company manufactures and supplies power distribution and transmission sector components. The IPO includes a fresh issue of 6,480,000 shares worth ₹95.26 cr. The share allotment date is 31st May 2024, and the IPO will be listed on 3rd June 2024 on the stock exchanges. The price band is ₹139 to ₹147 and the lot size is 1000 shares.
Hem Securities Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of Vilas Transcore IPO
Vilas Transcore Limited plans to utilize the raised capital from the IPO to:
● To fund the working expenditure requirement to purchase plants and machinery and construct factory buildings.
● For strategic investments and acquisitions.
● General Corporate Purposes.
● To fund the issue expenses.
About Vilas Transcore
Vilas Transcore manufactures and supplies power distribution and transmission sector components. Its product portfolio includes a wide range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination cores, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound core and CRGO Toroidal cores. These are used in power transformers, distribution transformers & dry type transformers, and high voltage / medium voltage & low voltage current transformers.
The company serves the power distribution and power engineering industry. It has two manufacturing units based at Por near Vadodara, Gujarat. It also has ISO 9001:2015 certification.
Peer Comparison
No listed peers.
For More Information:
Webstory on Vilas Transcore IPO
Vilas Transcore Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 282.60 | 233.02 | 132.65 |
| EBITDA | 28.51 | 25.46 | 7.98 |
| PAT | 20.22 | 17.91 | 5.23 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 188.79 | 172.65 | 142.66 |
| Share Capital | 3.00 | 3.00 | 3.00 |
| Total Borrowings | 51.75 | 55.14 | 42.36 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 13.19 | 12.90 | 19.75 |
| Net cash from / (used in) investing activities | -10.63 | -1.81 | -0.48 |
| Net cash flow from / (used in) financing activities | -0.52 | -6.66 | -1.23 |
| Net increase (decrease) in cash and cash equivalents | 2.02 | 4.42 | 18.03 |
Vilas Transcore IPO Key Points
-
Strengths
1. The company is an established player in the manufacturing of transformer components and power equipment.
2. It has strong manufacturing capabilities.
3. It has long standing relationships with customers.
4. It has a financial position with robust financial performance.
5. Experienced promoters and management team.
-
Risks
1. Pricing pressure from customers can impact the business.
2. The company is subject to strict quality requirements.
3. It operates in a highly competitive market.
4. Exposed to counterparty credit risk
5. High working capital requirements.
6. It has reported negative cash flow in the past.
Vilas Transcore
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Vilas Transcore IPO FAQs
When does Vilas Transcore IPO opens and closes?
Vilas Transcore IPO opens from 27th May to 29th May 2024.
What is the size of Vilas Transcore IPO?
The size of Vilas Transcore IPO is ₹95.26 cr.
How to apply for Vilas Transcore IPO?
To apply for Vilas Transcore IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for Vilas Transcore IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Vilas Transcore IPO?
The price band of Vilas Transcore IPO is fixed at ₹139 to ₹147 per share.
What is the minimum lot size and investment required for Vilas Transcore IPO?
The minimum lot size of Vilas Transcore IPO is 1000 shares and the investment required is ₹1,39,000.
What is the allotment date of Vilas Transcore IPO?
The share allotment date of Vilas Transcore IPO is 31st May 2024.
What is Vilas Transcore IPO listing date?
The Vilas Transcore IPO will be listed on 3rd June 2024.
Who are the book runners for Vilas Transcore IPO?
Hem Securities Limited is the book-running lead manager for Vilas Transcore IPO.
What is the objective of the issue?
Vilas Transcore Limited plans to utilize the raised capital from the IPO to:
● To fund the working expenditure requirement to purchase plants and machinery and construct factory buildings.
● For strategic investments and acquisitions.
● General Corporate Purposes.
● To fund the issue expenses.
Contact Details of Vilas Transcore IPO
Contact Information
Vilas Transcore Limited
Plot No 435 To 437, Nr Galaxy Hotel, N H
No 8, Village Por,
Vadodara- 391243
Phone: +91- 9328026768
Email: accounts@vilastranscore.com
Website: https://vilastranscore.com/
Vilas Transcore IPO Register
Bigshare Services Pvt Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Vilas Transcore IPO Lead Manager
Hem Securities Limited
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