Vilas Transcore IPO

    Vilas Transcore IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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    Vilas Transcore Guidance Post-listing:
    The scrip is listed at Rs. 214. The current Valuation appears to be okay and we expect the shares to show rangebound trend between Rs. 204 to 234, till the results of the year 2023-24 are announced. If the company can maintain the profitability which it showed in the last financial year, and growth potential, the share is expected to show uptrend to Rs. 246/256

    Vilas Transcore IPO Listing review:
    The scrip is listed at Rs. 214, @ premium of 46.26% over the issue price of Rs. 147. The listing has been very much below the expectations of the grey market players.

    What is the latest GMP of Vilas Transcore IPO?*
    Latest GMP & Subject to rates: Click

    Check Subscription status of Vilas Transcore IPO

    On 29 May 2024 @ 5.00 (Day 3) (Closing today)
    Review: Strong trend in HNIs
    QIB:   114.64 T
    NII:    449.21 T
    RII:     151.42 T
    Total: 204.77 T
    Application: 326166 (151.42X)
    Amount wise Subscription: Rs. 18523.49 Crore

    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/

    Vilas Transcore IPO Details
    IPO opens on  27 May 2024
    IPO closes on  29 May 2024
    Issue Type Book Built Issue IPO
    Issue Size 6480000 Shares /
    Rs 95.26 Crore
    * Fresh Issue 6480000 Shares /
    Rs 95.26 Crore
    * Offer for Sale  – Sh /Rs – Cr
    Market Maker Portion 326000 Shares
    Net offer to Public 6154000 Shares/
    Rs.90.46 Crore
    Face Value per share Rs. 10
    Price Band Rs.139-147
    Employee discount  Rs. 0 per share
    Retail Lot Size  1000 Shares
    Listing will at  NSE SME
    Shares offered in Vilas Transcore IPO
      Shares Rs. (Crore)
    QIB (50%) 3077000 45.23
    NII  (15%)   923100 13.57
    RII  (35%) 2153900 31.66
    Total Shares  6154000 90.46
    Retail portion will be oversubscribed by  2154
    Forms
    How much Shares to Apply in Vilas Transcore IPO?
    Min Retail Application 1000 Shares Rs. 147000
    Min HNI Application  2000 Shares Rs.294000

    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 Tentative timetable
    IPO opens on 27 May 2024
    IPO Closes on 29 May 2024
    IPO Allotment on  30 May 2024
    Refund Initiation  31 May 2024
    Credit of Shares 31 May 2024
    Listing on 03 June 2024
    Registered Office of the Company
    Vilas Transcore Limited
    Plot No 435 To 437, Nr Galaxy Hotel, N H
    No 8, Village Por
    Vadodara- 391243

    Who is the Lead Manager of Vilas Transcore IPO?
    Hem Securities Limited
    Who is the Registrar to IPO?
    Bigshare Services Pvt Ltd
    Vilas Transcore IPO Financial & Analytical Ratios
    Year Total Income Net Profit EPS RoNW
      Rs.in Cr Rs.in Crore Rs. %
    2020-21 134.85 5.23 2.91 6.36
    2021-22 235.18 17.91 9.95 17.87
    2022-23  284.78 20.16 11.20 16.75
    Book Value of the Share on 31.03.2023 Rs 66.89    
    BV of the Share at cap price after the IPO Rs. –    
    Offer Price/upper band   Rs. 147    
    Vilas Transcore IPO
    Key Performance indicators
    Price/last EPS of 22-23  13.12
    Price/BV Ratio 2.20
    Upper price/BV after IPO 


    How Vilas Transcore IPO compares with the Peers?
    There are no listed companies in India that are engaged in the business line similar to that of this company, thus it is not possible to provide an industry comparison in relation to the company.

    As per DRHP FV Total Income PE Ratio
      Rs. In Cr. @
         
           
           
           
            

     

    # This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

    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.

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    Vilas Transcore
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    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.

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