The Vilas Transcore IPO started on May 27, 2024, and ended on May 29, 2024. Shares were allocated on May 30, 2024, and refund processes began on May 31, 2024. On May 31, 2024, the shares were credited to investors demat accounts. Vilas Transcore was officially listed on the stock exchange on June 3, 2024.
During the IPO, Vilas Transcore offered shares at a price range of ₹139 to ₹147 per share, and the lot size was 1000 shares. The total issue size was ₹95.26 crores, with ₹95.26 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Vilas Transcore IPO Subscription Update Video
Vilas Transcore IPO Subscription Status
The Vilas Transcore IPO on May 29, 2024 was subscribed 204.77 times, with the retail category being subscribed 151.42 times, the NII (Non-Institutional Investor) category being subscribed 449.21 times, the QIB (Qualified-Institutional Buyers) category being subscribed 114.64 times.
| Category | Subscription |
| QIB | 114.64x |
| NII | 449.21x |
| Retail | 151.42x |
| Total | 204.77x |
Vilas Transcore IPO Basic Details
| Company Name | Vilas Transcore Limited |
| 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 |
About Vilas Transcore Limited
Founded in 2006, Vilas Transcore Limited specializes in manufacturing and supplying power distribution and transmission components. They cater primarily to transformer and power equipment manufacturers both in India and internationally. Their product range includes electrical lamination products like CRGO cores and coils, crucial for power and distribution transformers. Vilas Transcore uses advanced technology to ensure their products meet industry standards and customer requirements, delivering high quality and precision for the power equipment sector.
Their product lineup features CRGO laminated cores, CRGO cores, and slit coils, essential for various power and distribution transformers as well as current transformers.
Vilas Transcore operates two manufacturing units. The first is in Ramangamdi, Baroda (Gujarat), spanning 2,200 square meters. The second is near Galaxy Hotel, Village Por, Vadodara (Gujarat), covering 11,000 square meters.
Their facilities are ISO 9001:2015 certified, ensuring adherence to high-quality management system standards. They are also approved to supply toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects.
As of July 31, 2023, Vilas Transcore Limited employs around 250 staff across various levels of the organization.
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Vilas Transcore IPO FAQs
What is the start and end date of Vilas Transcore IPO Subscription?
The Vilas Transcore IPO started on May 27, 2024, and ended on May 29, 2024.
When does Vilas Transcore IPO Subscription open?
The Vilas Transcore IPO open on May 27, 2024.
When does Vilas Transcore IPO Subscription close?
The Vilas Transcore IPO Close on May 29, 2024.
What is the allotment date of Vilas Transcore IPO?
The allotment date for Vilas Transcore IPO is May 30, 2024.
When is the initial refund date of Vilas Transcore IPO?
The initial Refund date for Vilas Transcore IPO is May 31, 2024.
When were the shares credited to investors demat accounts for the Vilas Transcore IPO?
The shares for the Vilas Transcore IPO were credited to investors demat accounts on May 31, 2024.
When will Vilas Transcore IPO be listed on the stock market?
Vilas Transcore IPO stock market will be listed on June 3, 2024 at 10 am.
What was the price range of the Vilas Transcore IPO shares?
The Vilas Transcore IPO shares were offered at a price range of ₹139 to ₹147 per share.
What was the lot size for the Vilas Transcore IPO shares?
The lot size for the Vilas Transcore IPO shares was 1000 shares.
What was the total issue size of the Vilas Transcore IPO?
The total issue size of the Vilas Transcore IPO was ₹95.26 crores.
How were the shares allocated among different types of investors for the Vilas Transcore IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Vilas Transcore IPO listed?
The Vilas Transcore IPO was listed on the NSE SME.
What is the Vilas Transcore IPO Subscription Status?
Vilas Transcore IPO is subscribed 204.77 Times.
