About Vilas Transcore Limited
Vilas Transcore Limited is launching its IPO. The offer opens for subscription on 27th May 2024 and will close on May 29th, 2024.
Disclaimer: This stock will trade with a lot size of 1000 shares in the SME segment on listing.
What does Vilas Transcore Limited do?
Incorporated in 2006, Vilas Transcore Limited specializes in manufacturing and supplying components for the power distribution and transmission sector, catering to transformer and power equipment manufacturers both in India and internationally. Their product range includes electrical lamination cold rolled grain oriented (CRGO) cores, slit coils, assembled cores, wound cores, and toroidal cores, which are essential for various types of transformers.
The company evolved from a proprietorship named “M/s Vilas Transcore,” and officially became a company in 2007, taking over the proprietorship’s business. Operating from two facilities in Por, near Vadodara, Gujarat, the plants are equipped with advanced machinery and have a combined manufacturing capacity of 12,000 MT. Our facilities are ISO 9001:2015 certified and approved for supplying toroidal cores for high-voltage transformers.
Schedule/Timeline of Vilas Transcore Limited IPO
| Issue Period | 27th May to 29th May 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | May 30, 2024 |
| Initiation of Refunds | May 31, 2024 |
| Credit of Shares | May 31, 2024 |
| Date of Listing | June 03, 2024 |
| Mandate end date | June 13, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | June 29, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | August 28, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How do I apply to the Vilas Transcore Limited IPO?
You can apply for the Vilas Transcore Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Vilas Transcore Limited IPO?
You can check the allotment status for the Vilas Transcore Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.