Vilas Transcore IPO listed @ Rs. 214

June 3, 2024 admin Leave a reply Post Comment

Vilas Transcore IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
👉A legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.

Table of Contents

What is the business of Vilas Transcore?

Incorporated in the year 2006, Vilas Transcore is engaged in the manufacturing and supply of components used in the power distribution and transmission sector, primarily to transformer and other power equipments manufacturer in India and abroad. It manufactures and supplies a different range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination core, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound core and CRGO Toroidal core which are mainly used in power transformer, distribution transformer & dry type transformers, high voltage / medium voltage & low voltage current transformers. It manufactures its products keeping in mind the industry standards and specifications given by the customer, with the use of latest technology to manufacture its products and
offer its customers with the defined requirements based on the product dimensions and materials for application in the power & distribution equipment industry.

The company is majorly catering to the power distribution and power engineering industry. Its products, CRGO laminated Core, CRGO core and slit coils are one of the most important parts of different kinds of power transformer, distribution transformer & other current transformers. The core of a transformer is a very important part for the proper functioning of the transformer.
Currently, it operates from its 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. Its plant configurations, allow it to produce the CRGO lamination and CRGO core based on the different requirements of its customers pertaining to the dimensions, size and material requirements. Both its manufacturing facilities are equipped with the latest machineries.

Get more information about the company @ https://vilastranscore.com/

Who are the Promoters of Vilas Transcore IPO?
The promoters of the company are Nilesh Jitubhai Patel and Natasha Jitubhai Patel.

What are the Objects of Vilas Transcore IPO?

The Offer comprises only of a Fresh Issue of Equity shares.

The objects of the present issue of Equity Shares are:

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

Vilas Transcore IPO To the point Guidance
Incorporated in the year 2006, Vilas Transcore is engaged in the manufacturing and supply of components used in the power distribution and transmission sector, primarily to transformer and other power equipments manufacturer in India and abroad. It manufactures and supplies a different range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination core, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound core and CRGO Toroidal core which are mainly used in power transformer, distribution transformer & dry type transformers, high voltage / medium voltage & low voltage current transformers.
Size:  The net offer is of Rs. 90.46 Crore/6154000 shares. Retail portion is Rs. 31.66 crore and it can get one time subscribed with 2154 applications. Though the size of the IPO is normal and over subscription may not be an issue.
Financial Snapshot: The company has strong and growing business. Sales and profits are impressive. The shares are offered at attractive valuation and there is room for listing gain. Apply.

Quicklinks

• Staffavailable.com
• BigGaddi.com
• ChanakyaMFGuidance.com
• Magajmari.com
• AnalysisLibrary.com

Vilas Transcore IPO GMP today details?

Vilas Transcore IPO

Vilas Transcore IPO FAQs

What is Vilas Transcore IPO?
Vilas Transcore is a SME IPO of 6480000 equity shares of the face value of Rs. 10 aggregating up to Rs.95.26 Crores. The issue is priced at Rs.147 per share. The minimum order quantity is 1000 Shares.

When will Vilas Transcore IPO open?
Vilas Transcore IPO opens on May 27, 2024, and closes on May 29, 2024.

What is the lot size of Vilas Transcore IPO?
Vilas Transcore IPO lot size is 1000 Shares, and the minimum amount required is Rs.147000.

How to apply for Vilas Transcore IPO?
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.

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

When is Vilas Transcore IPO listing date?
Vilas Transcore IPO listing date is June 3, 2024.