Vilas Transcore Limited IPO: Price, Lot Size, Strengths and Risks

    Listen to our Podcast: Grow your wealth and keep it secure.

    0:00 / 0:00

    Vilas Transcore Limited IPO

    Vilas Transcore Limited, an emerging company in the power sector, is gearing up for an SME IPO. Starting on May 27, 2024, you will have an opportunity to invest in a company specialising in manufacturing and supplying crucial components for power distribution and transmission. The bidding for its issue will close on May 29, 2024.

    Priced between Rs. 139 and Rs. 147 per share with a minimum investment of 1,000 shares, this IPO offering aims to raise Rs. 95.26 crores through the issuance of fresh shares. For more insights into the upcoming IPO, continue reading this blog.

    IPO Details

    Here is a brief overview of Vilas Transcore Limited IPO. 

    IPO Launch Date

    May 27, 2024, to May 29, 2024

    Issue Type

    Book Built IPO

    Listed at

    NSE Emerge

    Price Band 

    Rs. 139 to Rs. 147 per share

    Face value 

    Rs. 10 per share

    Minimum Lot Size

    1,000 shares (Retail Investors) 

    Fresh Issue Size

    64,80,000 shares

    OFS Size

    NIL 

    Total Issue Size 

    Rs. 95.26 crore

    Shareholding Pre-Issue

    1,80,00,000

    Shareholding Post-Issue

    2,44,80,000

    About the Company

    Established in 2006, Vilas Transcore Limited specialises in manufacturing and supplying various components essential to the power distribution and transmission sector, selling transformer and other power equipment manufacturers in India and abroad. Its product range includes various electrical lamination cold-rolled grain-oriented (CRGO) lamination cores, CRGO slit coils, toroidal cores, wound cores and assembled cores.

    Operating 2 manufacturing facilities near Vadodara, Gujarat, the company boasts a combined installed manufacturing capacity of 12,000 MT. Its manufacturing facilities adhere to ISO quality management system standards.

    Over the years, Vilas Transcore Limited has cultivated long-standing relationships with several renowned Indian and global transformer manufacturers. Its customer base is well-diversified across the transformer and power equipment manufacturing sectors. Major customers include prominent companies such as Voltamp Transformers Limited, Electrotherm India Limited, Atlas Transformers India Limited and Shilchar Technologies Limited.

    Additional Read: How to Invest in an IPO Online

    IPO Timeline

    Here is the tentative timeline and some key dates associated with the launch of Vilas Transcore Limited IPO. 

    Open Date 

    Monday, May 27, 2024

    Close Date 

    Wednesday, May 29, 2024

    Cut-off Time for UPI Mandate Confirmation

    5 PM on May 29, 2024

    Basis of Allotment Date 

    Thursday, May 30, 2024

    Initiation of Refunds Date 

    Friday, May 31, 2024

    Date of Credit of Shares to Demat

    Friday, May 31, 2024

    Listing Date 

    Monday, June 3, 2024

    IPO Lot Sizes

    Investors can place bids starting at a minimum of 1,000 shares, with additional bids in multiples thereof. The table below details the minimum and maximum investments for retail investors and HNIs, both in terms of shares and total investment amount. 

    Application

    Lots

    Shares

    Amount

    Retail (Minimum)

    1

    1,000

    Rs. 1,47,000

    Retail (Maximum)

    1

    2,000

    Rs. 1,47,000

    HNI (Minimum)

    2

    4,000

    Rs. 2,94,000

    Company Financials 

    Let us have a look at the company’s financials before applying for the IPO.

    Particulars

    For the Financial Year Ending (In Rs. Lakhs)

     

    March 31, 2024 

    March 31, 2023

    March 31, 2022

    Total Assets

    18,879.83

    17,265.64 

    14,266.28

    Total Liabilities

    5,181.95

    5,514.41

    4,236.97

    Total Expenses

    25,756.7

    21,112.85

    12,781.28 

    Total Revenue

    28,478.14 

    23,518.05

    13,485.41

    Profit/Loss After Tax

    2,016.23 

    1,791.49 

    523.42

    EBITDA

    2,851.31 

    2,546.85 

    798.95

    EPS (Basic and Diluted) 

    11.20

    9.95

    2.91

    Strengths of the Company

    Assessing the key strengths of a company before investing in its IPO is crucial. Not only does it aid in making informed investment decisions, but it also provides insights into the company's potential.

    Take a look at the strengths of Vilas Transcore Limited below: 

    • The company has solidified its position in precision component manufacturing and is well-positioned to capitalise on the anticipated growth in transformer components driven by rising power demand in India. 
    • Vilas Transcore Limited has developed an efficient, technology-driven manufacturing process enabling it to produce products tailored to customer requirements and specifications cost-effectively.
    • It has built strong, long-term relationships with both Indian and global transformer manufacturers. In addition, the company has expanded its customer base between 2021 to 2023.
    • The company's workforce, along with its management team, demonstrates a strong dedication and commitment to delivering quality work.
    • The company boasts a robust balance sheet, with a net worth of Rs. 14,403.43 lakh as of July 31, 2023, and maintains a low debt level.

    Risks Involved 

    Besides strengths, it is crucial to understand the risk factors that could potentially impact a business's profitability before making an investment decision. Here are the notable risks involved with Vilas Transcore Limited:

    • Its business relies heavily on sales to key customers. Losing any of these customers or experiencing significant reductions in sales to them could have an adverse impact on the company's business, financial condition and operational results.
    • Customers exerting pricing pressure may negatively impact the company's gross margin, profitability and ability to raise prices. 
    • The company typically avoids firm supply agreements with customers. However, if customers opt not to procure equipment from the company, it will have an adverse impact on its business and operational results.

    Summing Up 

    Before investing in the upcoming Vilas Transcore Limited IPO, it is crucial to carefully review its RHP. This document will enable you to analyse whether the company's plans with its net proceeds align with your investment objectives. Following this, you can start devising your investment strategy accordingly.

    Keep an eye on our website in order to learn how to invest in the Vilas Transcore Limited IPO, set to launch on May 27, 2024. Moreover, you can open a demat and trading account with us to kickstart your investment journey.

    Additional Read: Difference Between NFO and IPO

    Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

    This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

    For All Disclaimers Click Here https//bit.ly/3Tcsfuc

    Share this article: 

    Frequently Asked Questions

    When will the bid issue of Vilas Transcore Limited IPO open and close?

    Answer Field

    The bids for Vilas Transcore Limited IPO are scheduled to open on May 27, 2024, and will close on May 29, 2024.

    Is there any subsidiary company of Vilas Transcore Limited?

    Answer Field

    No, Vilas Transcore Limited does not have any subsidiary company as defined under Section 2(6) of the Companies Act 2013.

    Which category does the Vilas Transcore Limited IPO fall under?

    Answer Field

    Vilas Transcore Limited IPO falls under the SME IPO category and comprises a fresh issue of 64.8 lakh shares.

    Who are the book-running lead managers of Vilas Transcore Limited IPO?

    Answer Field

    Hem Securities Limited is the sole book-running lead manager of the Vilas Transcore IPO.

    Who is the registrar of Vilas Transcore Limited IPO?

    Answer Field

    Bigshare Services Private Limited is the registrar of Vilas Transcore Limited IPO.

    No Result Found

    Published Date : 28 May 2024

    Disclaimer :

    Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


    The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.

    The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

    Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

    BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.



    Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

    For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

    Read More Blogs

    Our Secure Trading Platforms

    Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

    QR code to download Bajaj Broking App

    9 lakh+ Users

    icon-with-text

    4.9 App Rating

    icon-with-text

    4 Languages

    icon-with-text

    ₹7,300 Cr+ MTF Book

    icon-with-text
    banner-icon

    Open Your Free Demat Account

    Enjoy low brokerage on delivery trades

    +91

    |

    Open Your Free Demat Account

    Enjoy low brokerage on delivery trades

    +91

    |