| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹95.26 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹95.26 Cr |
| Fresh Issue | ₹90.46 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน139.00-147.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | VILAS |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 2006, Vilas Transcore Limited manufactures and supplies power distribution and transmission components, primarily to transformer and other power equipment manufacturers in India and abroad. The company produces and supplies various electrical lamination products, including CRGO cores and coils used in power and distribution transformers. The manufacturing process meets industry standards and customer specifications, using the latest technology to ensure quality and precision for application in the power equipment industry.
The company's product line includes CRGO laminated Core, CRGO core, and slit coils, which are essential components of various types of power transformers, distribution transformers, and other current transformers.
The company has two manufacturing units: one situated in Ramangamdi, Baroda (Gujarat), covering an area of 2200 sq. meters, and the second situated near Galaxy Hotel, Village Por, in Vadodara, Gujarat, covering an area of 11000 sq. meters.
The company's manufacturing facility has been certified for conforming to the quality management system standards, namely ISO 9001:2015.
Additionally, it has been approved for sourcing toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects.
As of July 31, 2023, the company has employed approximately 250 staff at various organizational levels.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding for strategic investment and acquisitions | 5.00 |
| 2 | Funding Capital Expenditure towards construction of factory building | 20.10 |
| 3 | Funding capital expenditure towards acquisition and installation of additional plant and machinery | 45.21 |
| 4 | General Corporate Purposes | 18.23 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 208.21 | 188.80 | 172.66 | 142.66 |
| Total Income | 238.30 | 284.78 | 235.18 | 134.85 |
| Profit After Tax | 16.79 | 20.22 | 17.91 | 5.23 |
| NET Worth | 137.25 | 120.46 | 100.23 | 82.32 |
| Reserves and Surplus | 135.31 | 134.04 | 114.51 | 97.29 |
| Total Borrowing | 5.00 | 4.90 | 3.47 | 7.58 |
| Amount in ₹ Crore | ||||
| KPI | May 31, 2024 |
|---|---|
| ROE | 13.03% |
| ROCE | 16.10% |
| Debt / Equity | 0.03% |
| RoNW | 12.24% |
| PAT Margin | 7.12% |
| Price to Book Value | 0.00 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.20 | 8.93 |
| P/E (x) | 13.12 | 16.46 |
| Promoter Holding | 99.97% | 73.01% |
| Market Cap | โน359.86 Cr. | |