Vilas Transcore Ltd

Incorporated in the year 2006, we are 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. We manufacture and supply 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.

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50years

Vilas Transcore Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
64.8 LTBA21.54 L178.74 LNSE₹ 95.26 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
27 May, 2429 May, 241000 ₹ 1,39,000 Book Building - SME03 Jun, 24

Vilas Transcore Ltd IPO Details

Vilas Transcore Ltd IPO Dates

  • 27 May 2024

    Opening date

  • 29 May 2024

    Closing date

  • 30 May 2024

    Basis of
    Allotment

  • 31 May 2024

    Initiation of
    Refunds

  • 31 May 2024

    Credit of
    Shares

  • 03 Jun 2024

    Listing date

Details

SectorType
SectorSteel - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription Times
QIB45.88x
NII450.98x
Retail161.19x
Employee0x
Total139.66x

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Vilas Transcore Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations29.5326.329.29
EBITDA31.8528.5911.53
PAT20.2217.915.23
Total Assets142.36135.27104.18
Share Capital3.003.003.00
Total Borrowings11.9624.429.15
Operating Activities (Net Cash)22.5420.187.47
Investing Activities (Net Cash)10.69-0.05-0.10
Financing Activities (Net Cash)11.9624.429.15
Net Cashflow39.5637.5433.12

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Vilas Transcore Ltd

Our Company was originally incorporated as Bravil Powercore Private Limited on November 28, 2006 vide Registration Certificate No. 049469 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli (RoC). Further, pursuant to shareholder's resolution passed at the Extra Ordinary General Meeting held on March 07, 2007, the name of our company was changed from Bravil Powercore Private Limited to Vilas Transcore Private Limited vide a fresh certificate of incorporation dated March 15, 2007 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli (RoC). Subsequently pursuant to a takeover agreement dated April 23, 2007 the business of a proprietorship firm M/s Vilas Transcore, which was being carried out by our Promoter Mr. Nilesh Jitubhai Patel, was transferred to our Company as a going concern Further, pursuant to special resolution passed by the shareholders at the extra ordinary general meeting, held on February 22, 2011 our Company was converted into a Public Limited Company and the name of our Company was changed from Vilas Transcore Private Limited to Vilas Transcore Limited vide a fresh certificate of incorporation dated April 09, 2011, CIN: U31102GJ2006PLC049469 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli (RoC).

India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 423.35 GW as of July 31, 2023. India was ranked fourth in wind power capacity and solar power capacity, and renewable energy fourth in installed capacity, as of 2021. India has been on a path to achieve 100% household electrification as envisaged under the Saubhagya scheme. As of March 2023, more than 2.86 crore households were electrified under the Saubhagya scheme. A total of 185.21 GW of capacity from non-fossil fuel sources has been installed in the country as of July 31, 2023.

Vilas Transcore Ltd IPO Key Points

Strengths

  • Long standing in manufacturing of transformer component and power equipment sector.
  • Strong manufacturing capabilities.
  • Longstanding relationships with customers.
  • Skilled and experienced promoter and management team.
  • Strong financial position with robust financial performance.

Risk

  • The company's business is dependent on the sale of its products to certain key customers. The loss of any such customers or a significant reduction in the sales made to such customers, could materially adversely affect its business, results of operations and financial condition.
  • Pricing pressure from customers may adversely affect its gross margin, profitability and ability to increase the company prices, which may in turn materially adversely affect its results of operations and financial condition.
  • The company generally does not enter into any firm supply agreements with its customers. If the company's customers choose not to source their requirements from it, the compnay's business and results of operations may be materially adversely affected.

Strategy

  • Continue to focus on high growth business verticals and sectors in India and overseas.
  • Focus on expanding our existing customer base.
  • Enhance engineering, innovation and design competence.
  • Focus on operational efficiencies to improve returns.

Vilas Transcore Ltd IPO Key Points

  • Long standing in manufacturing of transformer component and power equipment sector.
  • Strong manufacturing capabilities.
  • Longstanding relationships with customers.
  • Skilled and experienced promoter and management team.
  • Strong financial position with robust financial performance.

How To Apply for Vilas Transcore Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Vilas Transcore Ltd's IPO offers shares for up to ₹ 0 L It begins on May 27, 2024 and ends on May 29, 2024.

The price of Vilas Transcore Ltd IPO ranges between ₹139 to ₹147 per share.

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

The allotment for the Vilas Transcore Ltd IPO will be finalised on May 30, 2024. The shares will be listed on BSE and NSE on Jun 3, 2024.

The minimum lot size for Vilas Transcore Ltd IPO is 1000 shares, priced between ₹139 to ₹147 per share.

The GMP (Grey Market Premium) of Vilas Transcore Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Vilas Transcore Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Vilas Transcore Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 27, 2024, and closes on May 29, 2024. The allotment is finalised on May 30, 2024.

To apply for the Vilas Transcore Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.