Vilas Transcore Limited
Book Built Issue IPO · NSE
- Price band
- ₹139 - ₹147
- Lot size
- 1,000 shares
- Issue amount
- ₹95.26 cr
- Total subscription
- 204.85×
- Opens
- 27 May 2024
- Closes
- 29 May 2024
- Allotment
- 30 May 2024
- Listing
- 3 Jun 2024
Offer at a glance
Issue overview
- Issue size
- 64,80,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,39,000
- Fresh issue
- ₹95.26 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,47,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,80,00,000
- Shares after issue
- 2,44,80,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,47,000 |
| HNI | 2 | 2,000 | ₹2,94,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 18.1 | 2,074.49 |
| RETAIL | 31.66 | 4,794.64 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 9.33 | 11.24 | 9.95 |
| ROE | 13.03 | 18.33 | 19.63 |
| ROCE | 16.1 | 22.64 | 24.74 |
| RONW | 12.24 | 16.79 | 17.87 |
| PRE IPO(PE) | 13.12 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2006, Vilas Transcore Limited is a leading manufacturer and supplier of power distribution and transmission components. The company mainly serves transformer and power equipment manufacturers in India and globally. They specialize in making electrical lamination products like CRGO laminated cores, CRGO cores, and slit coils, which are essential parts of power and distribution transformers. Vilas Transcore operates two modern manufacturing units in Vadodara, Gujarat — one in Ramangamdi (2200 sq. meters) and another near Galaxy Hotel, Village Por (11000 sq. meters). Both facilities follow strict quality standards and use advanced technology to deliver high-precision products. The company holds an ISO 9001:2015 certification for quality management and is approved to supply toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects. As of July 31, 2023, Vilas Transcore Limited employs around 250 people across different departments.
Strengths
- Industry Experience: Vilas Transcore Limited has been a trusted name in the transformer components and power equipment sector since 2006, building deep expertise and a strong reputation over the years.
- Strong Manufacturing: The company uses advanced technology and high-quality standards in its production process, backed by ISO 9001:2015 certification and multiple large-scale manufacturing facilities.
- Customer Relationships: Long-term partnerships with key customers help maintain steady product demand and build customer loyalty, driving consistent business growth.
Risk factors
- Customer Dependence: The company relies heavily on a few key customers. If any major client stops buying or reduces their orders, it could badly affect the company's business, operations, and profits.
- Third-Party Reliance: The company depends on outside vendors for supply, transport, and delivery of products. Any delay or disruption from these vendors could impact customer satisfaction and smooth business operations.
- Audit Concerns: Recent auditor reports have highlighted certain financial or operational matters, which could raise concerns about the company's stability and affect investor confidence.
Promoters
Nilesh Jitubhai Patel
Natasha Jitubhai Patel
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No 435 To 437, Nr Galaxy Hotel, N H, No 8, Village Por, Vadodara- 391243
+91- 9328026768
[email protected]Company website ↗Understanding VILAS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.