Vilas Transcore Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Vilas Transcore

CMP

509.00

-2.20 (-0.43%)

  • DRHP
₹147

Offer Price

₹ 95.26 Cr

Issue Size

₹ 1,47,000

Min Investment

1,000

Lot size

Time Line

  • 27
    May 2024
    Open
  • 29
    May 2024
    Close
  • 30
    May 2024
    Finalisation of Basis of Allotment
  • 31
    May 2024
    Initiation of Refunds
  • 31
    May 2024
    Transfer of Shares to Demat Account
  • 03
    Jun 2024
    Listing Date

Objects of the Offer

  • Continue to focus on high growth business verticals and sectors in India and overseas.

  • Focus on expanding our existing customer base.

  • Enhance engineering, innovation and design competence.

  • Focus on operational efficiencies to improve returns.

Strengths

  • 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.

Risks

  • The company`s 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 company`s customers choose not to source their requirements from it, the compnay`s 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.

Company Promoters

Promoters Holding

Issue For IPO
26.29%
Pre Holding

99.30%

Post Holding

73.01%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 233.03 (75.70%) 282.61 (21.30%) 16.79 (-)
Gross Profit 233.03 (75.70%) 282.61 (21.30%) 16.79 (-)
Net Income 233.03 (75.70%) 282.61 (21.30%) 16.79 (-)
Assets 233.03 (75.70%) 282.61 (21.30%) 16.79 (-)
Liabilities 233.03 (75.70%) 282.61 (21.30%) 16.79 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Vilas Transcore Ltd 282.61 20.22 141.94 4.90 16.79 0.00 401.53 3.04 0.03

Book Running Managers

  • Hem Securities Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

No 435 to 437 Nr.Galaxy Hotel,
N H No 8 Village Por,
Vadodara - 391243
Phone : +91 93280 26762 Email : nilesh@vilastranscore.com www.vilastranscore.com

Offer Related Information

Initial public offer of upto 64,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Vilas Transcore Limited ("The Company" or "The Issuer") at an issue price of Rs. 147 per equity share (including share premium of Rs. 137 per equity share) for cash, aggregating up to Rs. 95.26 crores ("Public Issue") out of which 3,26,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 147 per equity share for cash, aggregating Rs. 4.79 crores will be reserved for... More

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