Vilas Transcore Ltd - IPO

Vilas Transcore Ltd IPO Details

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 subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 61,54,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 147 per equity share for cash, aggregating upto Rs. 90.47 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.47% and 25.14 % respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding for strategic investment and acquisitions. Funding capital expenditure towards construction of factory building. Funding capital expenditure towards acquisition and installaton plant and machinery. General corporate purposes.

Vilas Transcore Ltd Contact Details

Vilas Transcore Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - nilesh@vilastranscore.com

Website - www.vilastranscore.com