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Vilas Transcore Limited IPO

Vilas Transcore Limited IPO

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Listed Price: ₹ 215.00 (+46.26%)

The Initial Public Offering of Vilas Transcore Limited's culminated in its successful listing on 03-06-2024 at the NSE trading platform. The company secured 64,80,000 Shares through this capital market exercise, with 64,80,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹139 to ₹147, with minimum investment requirements of 1000 shares. The subscription period from 27-05-2024 to 29-05-2024 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 30-05-2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Vilas Transcore IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Vilas Transcore IPO Key Performance Indicator
Company Financials ( In Lakhs )

Vilas Transcore IPO About Company

Founded in 2006, Vilas Transcore Limited is a leading manufacturer and supplier of power distribution and transmission components. The company mainly serves transformer and power equipment manufacturers in India and globally. They specialize in making electrical lamination products like CRGO laminated cores, CRGO cores, and slit coils, which are essential parts of power and distribution transformers. Vilas Transcore operates two modern manufacturing units in Vadodara, Gujarat — one in Ramangamdi (2200 sq. meters) and another near Galaxy Hotel, Village Por (11000 sq. meters). Both facilities follow strict quality standards and use advanced technology to deliver high-precision products. The company holds an ISO 9001:2015 certification for quality management and is 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 people across different departments.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Vilas Transcore IPO Strength Factors

  1. Industry Experience: Vilas Transcore Limited has been a trusted name in the transformer components and power equipment sector since 2006, building deep expertise and a strong reputation over the years.
  2. Strong Manufacturing: The company uses advanced technology and high-quality standards in its production process, backed by ISO 9001:2015 certification and multiple large-scale manufacturing facilities.
  3. Customer Relationships: Long-term partnerships with key customers help maintain steady product demand and build customer loyalty, driving consistent business growth.

Vilas Transcore IPO Risk Factors

  1. Customer Dependence: The company relies heavily on a few key customers. If any major client stops buying or reduces their orders, it could badly affect the company's business, operations, and profits.
  2. Third-Party Reliance: The company depends on outside vendors for supply, transport, and delivery of products. Any delay or disruption from these vendors could impact customer satisfaction and smooth business operations.
  3. Audit Concerns: Recent auditor reports have highlighted certain financial or operational matters, which could raise concerns about the company's stability and affect investor confidence.

Vilas Transcore IPO Lead Manager(s)

  • Hem Securities Limited

Vilas Transcore IPO Promoter(s)

  1. Nilesh Jitubhai Patel
  2. Natasha Jitubhai Patel

Vilas Transcore IPO Company Details

Vilas Transcore Limited
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Vilas Transcore IPO Registrar

Bigshare Services Private Limited
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