Vilas Transcore Ltd IPO
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Vilas Transcore Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| 64.8 L | TBA | 21.54 L | 178.74 L | NSE | ₹ 95.26 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 27 May, 24 | 29 May, 24 | 1000 | ₹ 1,39,000 | Book Building - SME | 03 Jun, 24 |
Vilas Transcore Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Steel - Medium |
| Sub Sector | Small |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 45.88x | 3076000 | 141122000 |
| NII | 450.98x | 924000 | 416702000 |
| Retail | 161.19x | 2154000 | 347201000 |
| Employee | 0x | 0 | 0 |
| Total | 139.66x | 6480000 | 905025000 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 29.53 | 26.32 | 9.29 |
| EBITDA | 31.85 | 28.59 | 11.53 |
| PAT | 20.22 | 17.91 | 5.23 |
| Total Assets | 142.36 | 135.27 | 104.18 |
| Share Capital | 3.00 | 3.00 | 3.00 |
| Total Borrowings | 11.96 | 24.42 | 9.15 |
| Operating Activities (Net Cash) | 22.54 | 20.18 | 7.47 |
| Investing Activities (Net Cash) | 10.69 | -0.05 | -0.10 |
| Financing Activities (Net Cash) | 11.96 | 24.42 | 9.15 |
| Net Cashflow | 39.56 | 37.54 | 33.12 |
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.
- 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.
