Vilas Transcore Ltd. has announced public offering of 6480000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 137.00 per share. The gross proceeds of the issue are expected to be Rs 9,617.91 lakhs.

The company's initial public offer (IPO) will open on 27 May 2024 and is expected to close on 29 May 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 139.00-147.00 per share.

The IPO includes a fresh Issue of 6480000 Equity Shares of the Company at an price of Rs 147.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Vilas Transcore Ltd. anticipates using the proceeds of the issue for .

Hem Securities Ltd as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.