Vilas Transcore Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 27, 2024 to May 29, 2024 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Price Band | ₹ 139 to ₹ 147 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 64,80,000 shares (aggregating up to ₹ 95.26 Cr) |
| Fresh Issue | 64,80,000 shares (aggregating up to ₹ 95.26 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,80,00,000 |
| Share holding post issue | 2,44,80,000 |
| Market Maker portion | 3,26,000 shares |
About Vilas Transcore Limited IPO
Vilas Transcore Limited was originally incorporated as 'Bravil Powercore Private Limited' on November 28, 2006, with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Further, the name of the Company was changed from 'Bravil Powercore Private Limited' to 'Vilas Transcore Private Limited' vide a fresh certificate of incorporation dated March 15, 2007. Further, the Company was converted into a Public Limited Company and the name of the Company was changed from 'Vilas Transcore Private Limited' to 'Vilas Transcore Limited' vide a fresh certificate of incorporation dated April 09, 2011. Vilas Transcore are majorly catering to the power distribution and power engineering industry and the Company is presently engaged in the manufacturing and supply of components used in the power distribution and transmission sector, primarily to transformer and other power types of equipment manufacturers in India and abroad.
Vilas Transcore IPO is a book-built issue of Rs 95.26 crores. The issue is entirely a fresh issue of 64.8 lakh shares. Vilas Transcore IPO opens for subscription on May 27, 2024 and closes on May 29, 2024. The allotment for the Vilas Transcore IPO is expected to be finalized on Thursday, May 30, 2024. Vilas Transcore IPO will be listed on NSE SME with a tentative listing date fixed as Monday, June 3, 2024. Vilas Transcore IPO price band is set at ₹139 to ₹147 per share. The minimum lot size for an application is 1000 Shares. Hem Securities Limited is the book-running lead manager of the Vilas Transcore IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Objectives of Vilas Transcore IPO
The company intends to utilize the proceeds of the Issue to meet the following objectives:-
- 1. Funding for strategic investment and acquisitions.
- 2. Funding Capital Expenditure towards the construction of factory building.
- 3. Funding capital expenditure towards acquiring and installing additional plants and machinery.
- 4. General Corporate Purpose.
- 5. To meet issue expenses.
Vilas Transcore IPO Review
The company is engaged in the manufacturing of components needed for power distribution and transmission sector. For the reported periods it marked growth in its top and bottom lines, but posted pressure on net margins. Based on FY24 annualized earnings, the issue appears fully priced. Well-informed investors may park funds for the medium to long term rewards.
Vilas Transcore Limited IPO Financial Information
Latest Revenue
10,519.27
₹ Crore
Profit After Tax
728.74
₹ Crore
Net Worth
12,768.38
₹ Crore
Total Borrowing
4.74
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 July 2023 | 21,577.65 | 10,519.27 | 728.74 | 12,768.38 | 4.74 | ||||
| 31 Mar 2023 | 1,438.18 | 28,478.14 | 2,016.23 | 12,039.64 | 489.62 | ||||
| 31 Mar 2022 | 17,265.64 | 23,518.05 | 1,791.49 | 10,023.41 | 346.72 | ||||
| 31 Mar 2021 | 14,266.28 | 13,485.41 | 523.42 | 8,231.92 | 757.83 | ||||
| Amount in ₹ Crore | |||||||||
Vilas Transcore Limited Key Performance Indicator
| KPI | Values |
|---|---|
| - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.2 | 8.93 |
| P/E (x) | 13.12 | 16.46 |
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Competitive Strengths
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Vilas Transcore Limited IPO Timeline
| IPO Open Date | Monday, May 27, 2024 |
| IPO Close Date | Wednesday, May 29, 2024 |
| Basis of Allotment | Thursday, May 30, 2024 |
| Initiation of Refunds | Friday, May 31, 2024 |
| Credit of Shares to Demat | Friday, May 31, 2024 |
| Listing Date | 5 PM on May 29, 2024 |
| Cut-off time for UPI mandate confirmation | - |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹147,000 |
| Retail (Max) | 1 | 1000 | ₹147,000 |
| HNI (Min) | 2 | 2,000 | ₹294,000 |