Uniparts India Limited IPO Detail
Incorpotated in 1994, Uniparts India Limited is a manufacturer of engineered systems and solutions. The company is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining ("CFM") and aftermarket sectors with the presence across over 25 countries.
The company's product portfolio includes core product verticals of 3-point linkage systems ("3PL") and precision machined parts ("PMP") as well as adjacent product verticals of power take-off ("PTO"), fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles ("OHVs") with a presence across the value chain
In India, the company have five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh.
Uniparts also have a manufacturing, warehousing and distribution facility at Eldridge, Iowa, acquired under the acquisition in 2005 of Olsen Engineering LLC, now known as Uniparts Olsen Inc. ("UOI") and a warehousing and distribution facility at Augusta, Georgia.
The company's global business model is based on :
1. The sales in regions outside India ("International Sales").
2. The sales from our dual shore manufacturing facilities in India and the United States, in their respective domestic markets ("Local Deliveries").
3. Export sales from Indian locations directly to overseas customers ("Direct Exports").
4. Sales from the warehousing facilities in their respective domestic markets ("Warehouse Sales").
Company PromotersGurdeep Soni and Paramjit Singh Soni are the company promoters.
|IPO Opening Date||Nov 30, 2022|
|IPO Closing Date||Dec 02, 2022|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹548 - 577 per equity share|
|Market Lot||25 Shares|
|Min Order Quantity||25 Shares|
|Listing At||BSE, NSE|
|Issue Size||₹835.61 Cr|
|Fresh Issue||14,481,942 shares of ₹10 (aggregating up to ₹835.61 Cr)|
|Offer for Sale||-|
IPO Subscription (Bidding Detail)
IPO Tentative Timetable
The Uniparts India Limited IPO open date is Nov 30, 2022, and the close date is Dec 02, 2022. The issue may list on Dec 12, 2022.
|IPO Open Date||Nov 30, 2022|
|IPO Close Date||Dec 02, 2022|
|Basis of Allotment Date||Dec 07, 2022|
|Initiation of Refunds||Dec 08, 2022|
|Credit of Shares to Demat Account||Dec 09, 2022|
|IPO Listing Date||Dec 12, 2022|
IPO Lot Size
The Uniparts India Limited IPO market lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹187525).
IPO Promoter Holding
|Pre Issue Share Holding||75.54%|
|Post Issue Share Holding||65.79%|
For the year/period ended (₹ in Crore)
|Financial Year||Total Assets||Total Revenue||Profit After Tax|
Objects of the Issue:
The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.
Uniparts India Limited IPO Registrar:
Link Intime India Private Ltd
Uniparts India Limited IPO Lead Manager(s):
Axis Bank Limited DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd) JM Financial Consultants Private Limited
Company Contact Information:
Uniparts India Limited
Gripwel House, Block – 5, Sector C6 &7, VasantKunj