Vilas Transcore's IPO Success;
A Remarkable Stock Market Debut!
Vilas Transcore shares debut at Rs 215, marking a 46.25% premium over the IPO price of Rs 147 on May
The company raised Rs 95.26 crore through a fresh issue of 64.8 lakh shares, attracting significantinvestor interest.
Click Here The IPO was subscribed 204 times. Non-institutional investors bought 400 times their quota, retailinvestors 151 times, and QIBs 114 times.
Founded in 2006, Vilas Transcore manufactures and supplies power distribution and transmissioncomponents to transformer and power equipment makers.
Proceeds will fund strategic investments, factory construction, additional machinery, general corporatepurposes, and cover issue-related expenses.
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