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Vilas Transcore Limited IPO (Vilas Transcore IPO) Detail

May 27, 2024 - May 29, 2024

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 bidding started from May 27, 2024 and ended on May 29, 2024. The allotment for Vilas Transcore IPO was finalized on Thursday, May 30, 2024. The shares got listed on NSE SME on 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. The market maker for Vilas Transcore IPO is Hem Finlease.

Refer to Vilas Transcore IPO RHP for detailed information.

Vilas Transcore IPO Details

IPO Date May 27, 2024 to May 29, 2024
Listing Date June 3, 2024
Face Value ₹10 per share
Price Band ₹139 to ₹147 per share
Lot Size 1000 Shares
Total Issue Size6,480,000 shares
(aggregating up to ₹95.26 Cr)
Fresh Issue6,480,000 shares
(aggregating up to ₹95.26 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue18,000,000
Share holding post issue24,480,000
Market Maker portion326,000 shares
Hem Finlease

Vilas Transcore IPO Reservation

Vilas Transcore IPO offers 6,480,000 shares. 1,231,000 (19.00%) to QIB, 924,000 (14.26%) to NII, 2,154,000 (33.24%) to RII and 1,845,000 (28.47%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,845,000 (28.47%)
Market Maker Shares Offered326,000 (5.03%)
QIB Shares Offered1,231,000 (19.00%)
NII (HNI) Shares Offered924,000 (14.26%)
Retail Shares Offered2,154,000 (33.24%)
Total Shares Offered6,480,000 (100%)

Vilas Transcore IPO Anchor Investors Details

Vilas Transcore IPO raises Rs 27.12 crore from anchor investors. Vilas Transcore IPO Anchor bid date is May 24, 2024. Vilas Transcore IPO Anchor Investors list

Bid Date May 24, 2024
Shares Offered 1,845,000
Anchor Portion Size (In Cr.) 27.12
Anchor lock-in period end date for 50% shares (30 Days) June 29, 2024
Anchor lock-in period end date for remaining shares (90 Days) August 28, 2024

Vilas Transcore IPO Timeline (Tentative Schedule)

Vilas Transcore IPO opens on May 27, 2024, and closes on May 29, 2024.

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

Vilas Transcore IPO 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
Retail (Min) 1 1000 ₹147,000
Retail (Max) 1 1000 ₹147,000
HNI (Min) 2 2,000 ₹294,000
Lot Size Calculator

Vilas Transcore IPO Promoter Holding

The promoters of the company are Nilesh Jitubhai Patel and Natasha Jitubhai Patel.

Share Holding Pre Issue 99.97%
Share Holding Post Issue 73.01%

About Vilas Transcore Limited

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.

Vilas Transcore Limited Financial Information (Restated)

Vilas Transcore Limited's revenue increased by 21.09% and profit after tax (PAT) rose by 12.89% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets20,820.5018,879.8317,265.6414,266.28
Revenue23,829.5728,478.1423,518.0513,485.41
Profit After Tax1,679.492,022.431,791.49523.42
Net Worth13,725.3312,045.8410,023.418,231.92
Reserves and Surplus13,531.3813,404.0811,451.239,729.31
Total Borrowing499.95489.62346.72757.83
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Vilas Transcore IPO is Rs 359.86 Cr.

KPI as of May 31, 2024.

KPI Values
ROE13.03%
ROCE16.10%
Debt/Equity0.03
RoNW12.24%
P/BV0
PAT Margin (%)7.12
Pre IPO Post IPO
EPS (Rs) 11.28.93
P/E (x) 13.1216.46
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of July 31, 2023 that is available in RHP.

Objects of the Issue (Vilas Transcore IPO Objectives)

The company intends to utilize the proceeds of the Issue to meet the following objectives:-

  1. Funding for strategic investment and acquisitions,
  2. Funding Capital Expenditure towards construction of factory building,
  3. Funding capital expenditure towards acquiring and installing additional plant and machinery,
  4. General Corporate Purpose,
  5. To meet issue expenses.

Vilas Transcore IPO Review (May apply)

[Dilip Davda]  The company is engaged in the manufacturing of components needed for power distribution and transmission sector. For the reported periods it marked growth in its top and bottom lines, but posted pressure on net margins. Based on FY24 annualized earnings, the issue appears fully priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...


Vilas Transcore IPO Subscription Status (Bidding Detail)

The Vilas Transcore IPO is subscribed 204.77 times on May 29, 2024 6:19:56 PM. The public issue subscribed 151.42 times in the retail category, 114.64 times in the QIB category, and 449.21 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB114.64
NII449.21
Retail151.42
Total204.77

Total Application : 326,166 (151.42 times)

Vilas Transcore IPO Prospectus

Vilas Transcore IPO Rating

5
4.2
Rating:Rated 4.2 stars
Vote Here ...

Vilas Transcore IPO Listing Details

Listing Date June 3, 2024
BSE Script Code
NSE Symbol VILAS
ISIN INE0AZY01017
Final Issue Price ₹147 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹147.00
₹215.00
₹204.25
₹225.75
₹225.75

Check IPO Performance…

Vilas Transcore Limited Contact Details

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 Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Vilas Transcore IPO - Buy or Not

Vilas Transcore IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Vilas Transcore IPO FAQs

Vilas Transcore IPO is a SME IPO of 6,480,000 equity shares of the face value of ₹10 aggregating up to ₹95.26 Crores. The issue is priced at ₹139 to ₹147 per share. The minimum order quantity is 1000 Shares.

The IPO opens on May 27, 2024, and closes on May 29, 2024.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Vilas Transcore IPO using UPI as a payment gateway. Zerodha customers can apply in Vilas Transcore IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Vilas Transcore IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Vilas Transcore IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Vilas Transcore IPO opens on May 27, 2024 and closes on May 29, 2024.

Vilas Transcore IPO lot size is 1000 Shares, and the minimum amount required is ₹147,000.

You can apply in Vilas Transcore IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Vilas Transcore IPO will be done on Thursday, May 30, 2024, and the allotted shares will be credited to your demat account by Friday, May 31, 2024. Check the Vilas Transcore IPO allotment status.

The Vilas Transcore IPO listing date is on June 3, 2024.
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Vilas Transcore IPO Message Board

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402 Comments

159. JitendraShah |   Link |  Bookmark |June 24, 2024 5:51:54 AM
Share to sell or wait?
Wait upto?
Please guide
158. JitendraShah |   Link |  Bookmark |June 21, 2024 7:19:55 AM
Still waiting!
Not yet decided
May go for long term!
157. JitendraShah |   Link |  Bookmark |June 15, 2024 11:50:08 PM
Vilas daily upper circuit 5%
What to do?
Sell or wait? Present rate 296, if 5% upper circuit on Monday it may reach 310 against issue price 147.
What to do ? Sell or wait

If wait,upto which rate?
157.2. Simply Vicky |   Link |  Bookmark |June 21, 2024 6:35:28 AM (400+ Posts)
@diwan kapoor Ji have you sold your second lot@215??? Are you still holding it?? Plz share your views
157.3. diwan kapoor |   Link |  Bookmark |June 21, 2024 9:58:07 AM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
@Simply Vicky Yes bhai.. I have sold my second lot @415.. On day before yesterday..
But it is a very solid share..
Very difficult to avoid Attraction of profit booking.. One can hold it for more handsome gain.. I booked profit to explore some other investment possibility .
All the best to you !!
156. diwan kapoor |   Link |  Bookmark |June 14, 2024 12:35:59 AM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Sold one lot @287.. Today
Bought @207 on listing day..
Holding second one..bought @215..
155. Detritus |   Link |  Bookmark |June 3, 2024 10:09:48 PM
Lighthearted rant:​

@diwan kapoor @Amit Bhasin @Kapz @SMEARV @GrayIsTheNewBlack I come in the category of smallest retailer who applies with only 1 lot hoping to secure a lottery ticket somehow. I don't even check registrar's website for allotments, on to the next one is my motto. Tragedy is, once in a blue moon I get that sweet sweet SMS usually in the mornings and couple seconds later panic sets in. Damn! I don't know much about the company (Yes, I plead guilty of applying without doing full dd). Now, should I sell it for listing gains (Jo mile wo apna, baki sab sapna) or should I hold it (who knows when will IPO gods smile for me again). I want to have my cake and eat it too. Will this be new Oriana or new Mandeep, who knows!! (at least I don't). Maybe if I don't check its price obsessively it will be like Schrodinger's stock. The price will remain in superposition at both LC and UC at the same time!! Anyways, what happens is I take an impulsive decision to sell it and have Golden corn and Farmhouse pizza party from Dominos with my flatmates and on to the next one we go!! Maybe this time I will hold!!
~~ramblings of a 20-year-something!!
155.1. SMEARV |   Link |  Bookmark |June 3, 2024 11:09:46 PM (300+ Posts)
@Detritus It's not New Mandeep but also not New Oriana...
As it IPO size is big selling pressure also be there. As it open lower than expected GMP it may go Up and down...
Its revenue nearly 300Cr.
Please read more regarding the company thought RHP
154. diwan kapoor |   Link |  Bookmark |June 3, 2024 10:57:52 AM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
All supply are being absorbed by Demand.. & inspite of touching LC all sellers are able to sell.. So this can be called good play on behalf of LM..
Disclaimer:--Bought two lots.. @215 & @ 207
No recommendations.. Just a sharing ..!!
Profit mubarak ho sabhi alloottee ko..!!
Not allotted..!!
154.7. GrayIsTheNewBlack |   Link |  Bookmark |June 3, 2024 10:30:53 PM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
@diwan kapoor , absolutely sir.
Not comparing Vilas with Mandeep on the basis of fundamentals.
My point was more related to flippers (like Mansi, etc.) entering at LC on day-1 have shown a tendency to sell very next day putting pressure on the price.
154.8. Basuvr |   Link |  Bookmark |June 3, 2024 10:57:49 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
@GrayIsTheNewBlack Sir, any guess about what does Mansi gain by doing so ?
153. Slayer Pro |   Link |  Bookmark |June 3, 2024 7:06:31 PM
Bulk deals ✅
153.1. Detritus |   Link |  Bookmark |June 3, 2024 9:31:02 PM
You are hodling?
153.2. Slayer Pro |   Link |  Bookmark |June 3, 2024 10:00:34 PM
@Detritus Yes 👍🏻
152. SMEARV |   Link |  Bookmark |June 3, 2024 7:45:23 PM (300+ Posts)
Bulk deal...

152.1. KPCT |   Link |  Bookmark |June 18, 2024 11:25:32 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
166.22 ???
152.2. Babu Bhai |   Link |  Bookmark |June 20, 2024 10:05:20 AM
holding one lot @219.. CMP is 457
should I hold or sell?
151. IPOs User |   Link |  Bookmark |June 3, 2024 1:24:37 PM
UC hit very late.
Sold for 209.25 at 12:32 PM. Sold due to previous experience of 6K loss with JIWANRAM which had Positive listing but hit continuous LCs.
Got one allotment with positive listing after 10 months, that too by applying 5 to 7 applications for each IPO I applied (all IPOs together comes about 600 retail applications).
Thanks to God for allotment. Thanks to CG team & community.
Hoping for more allotment to recover interest loss.
150. DTC |   Link |  Bookmark |June 3, 2024 9:56:22 AM
Is cdsl down .. I am not able to sell in pre open. Cdsl is showing error
150.1. CHAVHAN |   Link |  Bookmark |June 3, 2024 10:07:49 AM
Same problem
150.2. BADAYA |   Link |  Bookmark |June 3, 2024 1:04:10 PM
Cdsl provides trading platform.. strange
149. Amit Bhasin |   Link |  Bookmark |June 3, 2024 10:32:38 AM
Holding my lot and wont sell it for a year, this could be a next multi-beggar.
149.1. Kapz |   Link |  Bookmark |June 3, 2024 10:44:36 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@Amit Bhasin 😅 if you are truly holding it, you just need to change placement of vowels… though a simple change, there’s a pole of a difference in multi-bagger and multi-beggar 😃
149.2. Amit Bhasin |   Link |  Bookmark |June 3, 2024 12:22:03 PM
@Kapz  - Nice catch ;) typo error happens when you are in office and secretly accessing these sites on company system. :)
148. ARJUN'S EYE |   Link |  Bookmark |June 3, 2024 9:49:52 AM
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Sold in preopen....
148.4. IPONEED |   Link |  Bookmark |June 3, 2024 11:19:51 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
F..................i
148.5. KPCT |   Link |  Bookmark |June 3, 2024 11:57:07 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Bought 1 lot @ lc. Isse niche to Aaj jayega nahi.
147. Gurav |   Link |  Bookmark |June 3, 2024 11:04:42 AM
Sold at 220 :) the moment opened, Not sure. AM happy with this. For one week, all stocks have fallen below GMP.
146. Yash Yd |   Link |  Bookmark |June 3, 2024 8:47:24 AM
If anyone experience person please advice whether to sell today ya after 2-3 days of election
146.2. Kapz |   Link |  Bookmark |June 3, 2024 10:29:47 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
If one looks at the Top Gainers in Large Caps today..it’s easy to notice top 3 are related to Power sector. 
One can then also notice, how such a big issue of 96Cr. is also getting easily absorbed post listing. Ample supply is being matched by ample demand too..
Please deduce for yourself.
146.3. Kapz |   Link |  Bookmark |June 3, 2024 10:53:20 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
For reference

145. PLAZA |   Link |  Bookmark |June 3, 2024 10:20:33 AM
IPO Guru IPO Guru (1900+ Posts, 1200+ Likes)
sold@212
144. IPO Super Analyst |   Link |  Bookmark |June 3, 2024 10:19:04 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Sold 65000 profit
143. MuStrFc |   Link |  Bookmark |June 3, 2024 10:08:29 AM
IPO Mentor IPO Mentor (1600+ Posts, 900+ Likes)
Zerodha glitchy again.
142. VishAll |   Link |  Bookmark |June 3, 2024 10:03:42 AM
Sold @ 220
141. Yash Yd |   Link |  Bookmark |June 3, 2024 9:40:59 AM
Pls tell me sell or not
140. riti |   Link |  Bookmark |June 3, 2024 9:22:33 AM
Do not sell in panic.
140.1. Simply Vicky |   Link |  Bookmark |June 3, 2024 9:37:04 AM (400+ Posts)
@Ritik What about loss post listing??? Can it recover??? Plz guide