Vilas Transcore Limited

Company Profile
Company Name Vilas Transcore Limited
Open Date 27-05-2024
Close Date 29-05-2024
Exchange NSE SME
Lot Size 1000 Shares
Issue Price ₹139 to ₹147 per share
Issue Size 64,80,000 shares
Application Amount ₹1,47,000
Recommendation Apply
Incorporated in 2006, Vilas Transcore Limited has its registered office in Vadodara, Gujarat. The Company operates from 2 manufacturing facilities located in Baroda and Vadodara in Gujarat. The Company’s manufacturing facility has been certified for conforming to standards of quality management systems i.e., ISO 9001:2015. It has been approved for sourcing toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects. The Company manufactures and supplies power distribution and transmission components, primarily to transformer and other power equipment manufacturers in India and abroad. The Company's product line includes CRGO laminated Core, transformer core, Insulation Craft Paper, CRGO Electrical Steel in Coils, Dry Transformers, Scrap and others. As of December 31, 2023, the Company had employed 268 employees on its payroll.
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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 142.66 172.66 188.80 208.21
Net Assets 100.29 117.51 137.04 153.31
Total Borrowings 7.58 3.47 4.90 1.05
Total Revenue 134.85 235.18 284.78 238.30
Profit After Tax 5.23 17.92 20.22 16.79

Tentative Timeline

Opening Date 27-05-2024
Closing Date 29-05-2024
Basis of Allotment 30-05-2024
Initiation of Refunds 31-05-2024
Credit of Shares to Demat 31-05-2024
Listing Date 03-06-2024

Objects of the Issue

To meet the issue of expenses.
Funding capital expenditure towards the construction of factory buildings.
Funding capital expenditure towards acquiring and installing additional plant and machinery.
Funding for strategic investment and acquisitions.
General Corporate Purpose.

Contact Information

Registered Office Vilas Transcore Limited Plot No 435 To 437, Nr Galaxy Hotel, N H No 8, Village Por, Vadodara- 391243
Phone +91- 9328026768

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.51%
Share Holding Post Issue (Promoters) 73.17%

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