Vilas Transcore To Aimtron Electronics, 5 SME IPOs This Week

Vilas Transcore IPO: The initial public offering of Vilas Transcore Ltd, which was opened for public subscription on May 27, is receiving a strong response from investors. Till 10:41 am on the second day of bidding on Tuesday, the IPO received a 13.40 times subscription, garnering bids for 5,77,32,000 shares as against 43,09,000 shares on offer.

The Vilas Transcore IPO will be closed on Wednesday, May 29.

The retail category has received a 19.02 times subscription, while the non-institutional investor (NII) category got a 10.98 times subscription. In the QIB category, the issue received 5.37 times subscription.

The Vilas Transcore IPO allotment will likely be finalised on May 30, while the listing will take place on June 3 on the NSE SME.