Ashok Rathi

Vilas Transcore Limited IPO Details Date 2024

Vilas Transcore Limited IPO Details. Vilas Transcore Limited was incorporated in 2006. Vilas Transcore Limited IPO subscription opens from 27 May 2024 and issue closes on 29 May 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.139 to Rs.147 per share. The minimum lot size is 1000 shares per lot. This is a Book Built Issue IPO.

  1. Vilas Transcore Limited Total Issue Size is, 6,480,000  shares and company wants to aggregate up to ₹ 95.26 Cr.
  2. Company Share Holding, Pre Issue is 18,000,000 shares.
  3. Company Share Holding, Post Issue will be 24,480,000 shares.
  4. This IPO is Listing at NSE SME, on 3 June 2024.

Hem Securities Limited is the book-running lead manager for the Vilas Transcore IPO, with Bigshare Services Pvt Ltd serving as the registrar for the issue.

For more detailed information, please refer to the Vilas Transcore IPO Draft Red Herring Prospectus (DRHP).

Vilas Transcore Limited IPO Timeline :

  1. Vilas Transcore Limited IPO issue opens on 27 May and closes on 29 May 2024.
  2. Cut Off Time of UPI Payment is, Friday by 5pm on 29 May2024.
  3. IPO Issue Basis of Allotment is, 30 May 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from 31 May 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by 31 May 2024.
  6. Finally IPO lists on 3 June 2024. This was the IPO timeline of Vilas Transcore Limited IPO.

Vilas Transcore Limited IPO Reservations for Investor Categories :

QIB Investors Shares Offered Not more than 50% of the Net Issue.

Retail Investors Offered Not less than 35% of the Net Shares Issue.

NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.

Vilas Transcore Limited IPO Details Date 2024
Vilas Transcore Limited IPO Details Date 2024

Vilas Transcore Limited IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 1000 shares and investing amount ₹ 147000.
  2. Retail Investor Maximum apply for 1 lot, 1000 shares, amount ₹ 147,000.
  3. HNI Investor Minimum 2 lot, 2000 shares, amount ₹ 294,000.

An Intro About Vilas Transcore  Limited:

Founded in 2006, Vilas Transcore Limited specializes in manufacturing and supplying power distribution and transmission components to transformer and power equipment manufacturers both in India and internationally. The company produces various electrical lamination products, including CRGO cores and coils, which are essential for power and distribution transformers. Utilizing the latest technology, Vilas Transcore ensures that its manufacturing processes meet industry standards and customer specifications, delivering quality and precision for the power equipment industry.

Their product range includes CRGO laminated cores, CRGO cores, and slit coils, all vital for various types of power transformers, distribution transformers, and current transformers.

Vilas Transcore operates two manufacturing units: one in Ramangamdi, Baroda (Gujarat), covering 2200 square meters, and another near Galaxy Hotel in Village Por, Vadodara (Gujarat), spanning 11000 square meters.

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How to apply for Vilas Transcore Limited IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Vilas Transcore Limited IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application.

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