Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Fri, Mar 18, 2016 - Tue, Mar 22, 2016
Umiya Tubes IPO is a fixed price issue of ₹2.00 crores. The issue is entirely a fresh issue of 0.20 crore shares of ₹2.00 crore.
Umiya Tubes IPO bidding started from Mar 18, 2016 and ended on Mar 22, 2016. The shares got listed on BSE SME on Apr 1, 2016.
Umiya Tubes IPO price is ₹10 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,00,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (30,000 shares), amounting to ₹3,00,000.
Mehta Integrated Finance Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Beeline Broking Ltd..
Refer to Umiya Tubes IPO RHP for detailed Information.
IPO Open
Fri, Mar 18, 2016
IPO Close
Tue, Mar 22, 2016
Issue Price
₹10 per share
Market Cap (Pre-IPO)
₹7.40 Cr
| IPO Date | 18 to 22 Mar, 2016 |
| Listed on | Fri, Apr 1, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹10 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,00,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 1,10,000 shares Beeline Broking Ltd. (agg. up to ₹0.1100 Cr) |
| Fresh Issue (Ex Market Maker) | 18,90,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 18,90,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 54,00,000 shares |
| Share Holding Post Issue | 74,00,000 shares |
| BSE Script Code | 539798 |
| ISIN | INE173U01015 |
Umiya Tubes IPO comprises a total issue size of 20,00,000 shares. The net offer to the public is 18,90,000 shares, after excluding 1,10,000 shares allotted on a firm basis. Of the Net offer 9,45,000 (50.00%) allocated to NII 9,45,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 9,45,000 | 50.00% | 47.25% |
| Retail Shares Offered | 9,45,000 | 50.00% | 47.25% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,10,000 | 5.50% | |
| Total Shares Offered | 20,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,00,000 |
| Retail (Max) | 2 | 20,000 | ₹2,00,000 |
| HNI (Min) | 3 | 30,000 | ₹3,00,000 |
Umiya Tubes Ltd (UTL) is engaged in the manufacturing of stainless steel pipes and tubes that are widely used in chemical plants, dairy plants, petrochemical plants, solvent extractions, gas and oil distribution, refrigeration, railways, automobile etc.
To meet its expansion plans, raise working capital and general corpus funds, the company is coming out with a maiden IPO of 2000000 equity shares of Rs. 10 each at par to mobilize Rs. 2 crore. Issue opens for subscription on 18.03.16 and will close on 22.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. Issue is solely managed by Mehta Intigrated Finance Ltd and Purva Sharegistry (India) Pvt Ltd is the registrar to the issue. Shares will be listed on BSE SME post allotments. Post issue its current paid up equity capital of Rs. 5.4 crore will stand enhanced to Rs. 7.4 crore. All equity issues are made at par since inception.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Margin | 1.05 |
| 2 | Capital Expenditure for Expansion: Plant and Machinery and Civil Work | 0.50 |
| 3 | Public Issue Expenses | 0.40 |
| 4 | General Corporate Purpose | 0.05 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.34 |
| 2 | Printing & Stationery, Distribution, Postage, etc | 0.02 |
| 3 | Advertisement & Marketing Expenses | 0.02 |
| 4 | Regulatory & other expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹10.00 |
| Open | ₹10.50 |
| Low | ₹10.00 |
| High | ₹10.60 |
| Last Trade | ₹10.45 |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
Umiya Tubes IPO is a SME IPO of 20,00,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000.
The IPO opens on Fri, Mar 18, 2016, and closes on Tue, Mar 22, 2016.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Umiya Tubes IPO using UPI as a payment gateway. Zerodha customers can apply in Umiya Tubes IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Umiya Tubes IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Umiya Tubes IPO opens on Fri, Mar 18, 2016 and closes on Tue, Mar 22, 2016.
Umiya Tubes IPO lot size is 10000, and the minimum amount required for application is ₹1,00,000.
You can apply in Umiya Tubes IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Umiya Tubes IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Umiya Tubes IPO allotment status.
The Umiya Tubes IPO listing date is on Fri, Apr 1, 2016.
