The Vilas Transcore IPO commenced on May 27, 2024, and concluded on May 29, 2024. The allotment of shares took place on May 30, 2024, and the initiation of refunds began on May 31, 2024. The shares were credited to the demat accounts of investors on May 31, 2024. Finally, the listing of Vilas Transcore on the stock exchange occurred on June 3, 2024.
The Vilas Transcore IPO was priced at ₹139 to ₹147 per share, with a lot size of 1000 shares. The total issue size was ₹95.26 crores, comprising a fresh issue of ₹95.26 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Vilas Transcore IPO Basic Details
| Company Name | Vilas Transcore Limited |
| Vilas Transcore IPO GMP Today | ₹0 |
| Vilas Transcore IPO Listing Gain | 0.00% |
| Vilas Transcore IPO Open Date | May 27, 2024 |
| Vilas Transcore IPO Close Date | May 29, 2024 |
| Vilas Transcore IPO Allotment Date | May 30, 2024 |
| Vilas Transcore IPO Listing Date | June 3, 2024 |
| Face Value | ₹10 per share |
| Price | ₹139 to ₹147 per share |
| Lot Size | 1000 Shares |
| Issue Size | 6,480,000 shares of ₹10 (aggregating up to ₹95.26 Cr) |
| Fresh Issue | 6,480,000 shares of ₹10 (aggregating up to ₹95.26 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Nilesh Jitubhai Patel and Natasha Jitubhai Patel |
Vilas Transcore IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 19 May 2024 | ₹0 | 0.00% | – | – |
Vilas Transcore Limited IPO Details:
Established in 2006, Vilas Transcore Limited specializes in creating and supplying components for power distribution and transmission. Serving both Indian and international markets, the company provides key products to manufacturers of transformers and other power equipment. Their offerings include electrical lamination products such as CRGO cores and coils, crucial for power and distribution transformers. Vilas Transcore employs cutting-edge technology and adheres to industry standards to ensure top-notch quality and precision.
Product Line
Vilas Transcore’s product range features CRGO laminated cores, CRGO cores, and slit coils. These components are vital for various types of power transformers, distribution transformers, and current transformers.
Manufacturing Facilities
The company operates two manufacturing units in Gujarat:
- Ramangamdi, Baroda: Covers 2200 sq. meters.
- Near Galaxy Hotel, Village Por, Vadodara: Spans 11000 sq. meters.
Quality Certifications
Vilas Transcore’s manufacturing processes comply with ISO 9001:2015 standards, ensuring high-quality management systems. Additionally, the company is approved for sourcing toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects.
Workforce
As of July 31, 2023, Vilas Transcore employs around 250 staff members across various levels within the organization.
Vilas Transcore IPO More Details Click Here
Vilas Transcore IPO FAQs
When is Vilas Transcore IPO open?
Vilas Transcore IPO will open on 27 May 2024.
When is Vilas Transcore IPO Close?
Vilas Transcore IPO will be closed on 29 May 2024.
What is Vilas Transcore IPO GMP Today?
The Vilas Transcore IPO GMP aka Grey Market Premium is ₹0.
What is Vilas Transcore IPO Kostak Rates Today?
The Vilas Transcore IPO Kostak Rate is ₹000.
What is Vilas Transcore IPO Subject to Sauda Price Today?
The Vilas Transcore IPO subject to sauda rates is ₹000.
Vilas Transcore IPO Expected Returns?
The Vilas Transcore expected return is 0.00%.
How much will be the listing gain in Vilas Transcore IPO?
Vilas Transcore IPO will get listing gain of 0..00%. (Approx.)
