Vilas Transcore Ltd

Vilas Transcore Ltd IPO

IPO Price Range: ₹139 - 147

Incorporated in the year 2006, we are engaged in the manufacturing and supply of components used in the power distribution and transmission sector, primarily to transformer and other power equipments manufacturer in India and abroad. We manufacture and supply a different range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination core, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound core and CRGO Toroidal core which are mainly used in power transformer, distribution transformer& dry type transformers, high voltage / medium voltage & low voltage current transformers.

Min Investment

₹1,47,000

IPO Size

₹95 Cr

IPO Status

Closed

Quantity in 1 Lot

1000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Vilas Transcore Ltd

Open Date27 May 2024
Close Date29 May 2024
Allotment Date30 May 2024
Listing Date3 Jun 2024

Key Statistics

Bid Opening DateBid Opening Date27 May 2024
Bid Closing DateBid Closing Date29 May 2024
Allotment DateAllotment Date30 May 2024
Issue SizeIssue Size₹95.26Cr
Quantity in 1 lotQuantity in 1 lot1000

Strength and risks

Strength

Strength

  • Long standing in manufacturing of transformer component and power equipment sector.

  • Strong manufacturing capabilities.

  • Longstanding relationships with customers.

  • Skilled and experienced promoter and management team.

  • Strong financial position with robust financial performance.


Risk

Risk

  • The companys business is dependent on the sale of its products to certain key customers. The loss of any such customers or a significant reduction in the sales made to such customers, could materially adversely affect its business, results of operations and financial condition.

  • Pricing pressure from customers may adversely affect its gross margin, profitability and ability to increase the company prices, which may in turn materially adversely affect its results of operations and financial condition.

  • The company generally does not enter into any firm supply agreements with its customers. If the companys customers choose not to source their requirements from it, the compnays business and results of operations may be materially adversely affected.

  • The company is planning to expand its operations at survey no. 419, khata no. 466 Ganpatpura, taluka Karjan, Vadodara, Gujarat. Its may faces business or financial challenges which may adversely affect its profitability and results of operations.

  • Economic cyclicality coupled with reduced demand in the power distribution sector, may materially adversely affect its business, results of operations and financial condition.

  • Its failure to identify evolving industry trends and technologies and to develop new products to meet its customers demands may materially adversely affect the companys business and results of operations.

  • The company has not placed orders for the construction of the factory shed, office building and purchase of plant and machinery for which part of the funds are being raised through the Issue.

  • A decline in the financial condition of its customers or suppliers could have a material adverse effect on its business and results of operations.

  • The company is subject to strict quality requirements and any product defect issues or failure by it to comply with quality standards may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.

  • The company is dependent on third party service providers for smooth supply, transportation and timely delivery of its products to customers.

About Vilas Transcore Ltd

OrganisationVilas Transcore Ltd
HeadquartersVadodara
IndustrySteel

Frequently Asked Questions

  • What is the size of the Vilas Transcore Ltd IPO?

    The size of the Vilas Transcore Ltd IPO is ₹95.26Cr .

  • What is 'pre-apply' for Vilas Transcore Ltd IPO?

    'Pre-apply' for Vilas Transcore Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Vilas Transcore Ltd IPO order be placed?

    Your Vilas Transcore Ltd IPO order will be placed on 27 May 2024.

  • What are the open and close dates of the Vilas Transcore Ltd IPO?

    The open and close dates of the Vilas Transcore Ltd IPO are 27 May 2024 to 29 May 2024.

  • What is the lot size and minimum order quantity of the Vilas Transcore Ltd IPO?

    The lot size and minimum order quantity of the Vilas Transcore Ltd IPO are 1000 and 1000 respectively.

  • What would be the listing gains on the Vilas Transcore Ltd IPO?

    The potential listing gains on the Vilas Transcore Ltd IPO will depend on various market factors and cannot be predicted with certainty.