Vilas Transcore IPO allotment likely to be finalised today: Steps to check status online

Vilas Transcore IPO allotment status is expected to be finalised on May 30 following an overwhelming response from investors during the three-day subscription. The NSE SME offer was available for public subscription from May 27-29.

The ₹95.26-crore book-building offer, a fresh issue of 64.8 lakh shares, will be listed on the NSE SME platform after the company finalises the basis of the allotment of shares.

Investors who bid for shares are keenly awaiting the allotment status, which can be tracked either through the portal of the IPO registrar Bigshare Services Pvt Ltd or the official website of the NSE.

Steps to check Vilas Transcore IPO on Bigshare Services Pvt Ltd portal:

• Visit Bigshare Services Pvt Ltd official website - https://www.bigshareonline.com/
• Click on 'IPO Allotment Status' on the home page
• New page opens; Select any one server links
• Select company name from the dropdown list
• Select Application Number or CAF Number to check allotment status
• Alternatively, you can select beneficiary ID or PAN to know the status
• Fill in the captch and hit the 'Search' button.
• Your IPO allotment status will be shown on the screen.

Here's how to check Vilas Transcore's share allotment status on NSE:

It is a prerequisite for investors to first do one-time registration on the NSE website using their PAN to check the IPO allotment status. Subscribers receive Login ID and password on the email after registration.

Once registration done, follow these steps:

• Visit the allotment status page on NSE website: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
• Login with User ID and password received on email
• Enter 'PAN' and bank details and click ‘Submit’
• Share allotment details will appear on screen

Only those investors will be able to see their allotment status online through the registrar portal who are allotted shares. They will also get to know the number of shares received against the number they bid for.

Also read: Awfis Space Solutions IPO lists at 13% premium to issue price

Vilas Transcore IPO details

Vilas Transcore IPO subscription closed with a huge demand on May 29 as the public issue was subscribed nearly 205 times.

The public issue of the heavy electrical equipment maker garnered bids for a total of over 88 crore shares against 43 lakh shares on offer, reflecting a subscription of 205 times, NSE data showed.

Non-institutional investors (NIIs) booked their portion nearly 450 times while the retail investors’ segment was booked 151 times. The Qualified Institutional Buyers (QIBs) booked their category over 114 times.

Vilas Transcore IPO price band was fixed at ₹139 to ₹147 per share and the minimum lot size for an application was fixed at 1,000 shares.

The company is expected to initiate refunds for non-allottees on May 31, and credit of shares to the Demat accounts of successful bidders will be done the same day. Vilas Transcore IPO listing date has been tentatively fixed as June 3, with the shares scheduled to make debut on NSE SME platform.

Vilas Transcore is into the manufacturing and supply of power distribution and transmission components to transformer and power equipment manufacturers in the domestic and global markets.

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