Vilas Transcore SME IPO
Company Overview
Incorporated in 2006, Vilas Transcore Limited stands as a significant player in the manufacturing and supply of power distribution and transmission components. Catering primarily to transformer and other power equipment manufacturers in India and abroad, the company specializes in producing a range of electrical lamination products. This includes Cold Rolled Grain Oriented (CRGO) cores and coils used extensively in power and distribution transformers.
Vilas Transcore employs cutting-edge technology in its manufacturing processes, ensuring that products meet stringent industry standards and customer specifications. The company's commitment to quality and precision makes it a trusted supplier in the power equipment industry. Product Portfolio
Vilas Transcore's product line is diverse and integral to the power sector, comprising:
CRGO Laminated Core
CRGO Core
Slit Coils
These components are essential for the functioning of various power transformers, distribution transformers, and other current transformers. The company's products are critical in ensuring the reliability and efficiency of power transmission and distribution systems. Quality Assurance
The manufacturing facility of Vilas Transcore is certified for conforming to the ISO 9001:2015 quality management system standards. This certification underscores the company's commitment to maintaining high-quality production standards.
Furthermore, Vilas Transcore has been approved for sourcing toroidal cores for current transformers (CT) up to 400 KV class for Power Grid projects, highlighting its capability and reliability in delivering high-quality products for significant power infrastructure projects. Objectives of the IPO
The company aims to utilize the proceeds from the IPO to achieve several strategic objectives:
Funding for Strategic Investment and Acquisitions
Funding Capital Expenditure
General Corporate Purposes
Vilas Transcore IPO Details
IPO Dates: 27 to 29 May 2024
Price Band: ₹139 to ₹147 per share
Lot Size: 1,000 Shares
Amount Per Lot: 1,47,000
Retail Quota: 33%
GMP: +55% (Only for information)
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