Uniinfo Telecom IPO is a fixed price issue of ₹15.59 crores. The issue is entirely a fresh issue of 0.28 crore shares of ₹15.59 crore.
Uniinfo Telecom IPO bidding started from Mar 5, 2018 and ended on Mar 7, 2018. The shares got listed on NSE SME on Mar 15, 2018.
Uniinfo Telecom IPO price is ₹55.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Systematix Corporate Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Systematix Shares & Stocks (India) Ltd..
Refer to Uniinfo Telecom IPO RHP for detailed Information.
IPO Date | March 5, 2018 to March 7, 2018 |
Listing Date | March 15, 2018 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹55 per share |
Lot Size | 2,000 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 28,34,000 shares (aggregating up to ₹15.59 Cr) |
Reserved for Market Maker | 1,42,000 shares Systematix Shares & Stocks (India) Ltd. (aggregating up to ₹0.7810 Cr) |
Net Offered to Public | 26,92,000 shares (aggregating up to ₹14.81 Cr) |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 70,55,120 shares |
Share Holding Post Issue | 1,06,93,120 shares |
Uniinfo Telecom Services IPO offers total 28,34,000 shares. Out of which 13,46,000 (47.49%) allocated to NII, 13,46,000 (47.49%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 1,42,000 (5.01%) |
NII (HNI) Shares Offered | 13,46,000 (47.49%) |
Retail Shares Offered | 13,46,000 (47.49%) |
Total Shares Offered | 28,34,000 (100.00%) |
Uniinfo Telecom IPO opens on March 5, 2018, and closes on March 7, 2018.
IPO Open Date | Mon, Mar 5, 2018 |
IPO Close Date | Wed, Mar 7, 2018 |
Tentative Listing Date | Thu, Mar 15, 2018 |
Cut-off time for UPI mandate confirmation | 5 PM on Wed, Mar 7, 2018 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 2,000 | ₹1,10,000 |
Retail (Max) | 1 | 2,000 | ₹1,10,000 |
HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Incorporated in 2010, Uniinfo Telecom Services Ltd is telecom support services company providing services to the telecom operators and OEMs. They provide services for Network Survey and Planning, Installation and Commissioning, Network Testing and Optimization, In Building Solutions and WiFi and Managed Services for network maintenance.
They are engaged in providing services to telecom industry ranging from telecom equipment manufacturers (OEM’s) to telecom operators. They offers support services and solutions to address the Network Life Cycle requirements of Telecom industry. They have been successfully implementing various project. Company's clients list includes Jio, Nokia, Samsung, Idea, Airtel, Ericsson, Vodafone, ZTE, Aircel and NEC.
The Company Uniinfo Telecom IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | To meet working capital requirement of the Company | 8.35 |
2 | Repayment of Debts | 8.15 |
3 | Towards General Corporate Purposes | 1.76 |
4 | To meet the Issue Expenses | 1.75 |
[Dilip Davda] <p><strong>Although company’s track record is impressive, sudden rise in equity from Rs. 0.23 crore to Rs. 10.69 crore raises concern. Moderate investment may be considered for long term</strong></p> Read detail review...
Listing Date | March 15, 2018 |
BSE Script Code | |
NSE Symbol | UNIINFO |
ISIN | INE481Z01011 |
Final Issue Price | ₹55 per share |
Price Details | NSE SME |
---|---|
Final Issue Price | ₹55.00 |
Open | ₹56.00 |
Low | ₹52.50 |
High | ₹56.80 |
Last Trade | ₹55.75 |
Uniinfo Telecom Services Ltd.
403,
Chetak Centre,
12/2 RNT Marg,
Indore, Madhya Pradesh, 452001
Phone: +91 731 4208091
Email: telecom@uni-info.co.in
Website: http://www.uni-info.co.in
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: uniinfo.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Uniinfo Telecom IPO is a SME IPO of 28,34,000 equity shares of the face value of ₹10 aggregating up to ₹15.59 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on March 5, 2018, and closes on March 7, 2018.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Uniinfo Telecom IPO using UPI as a payment gateway. Zerodha customers can apply in Uniinfo Telecom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Uniinfo Telecom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Uniinfo Telecom IPO opens on March 5, 2018 and closes on March 7, 2018.
Uniinfo Telecom IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in Uniinfo Telecom 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 Uniinfo Telecom IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Uniinfo Telecom IPO allotment status.
The Uniinfo Telecom IPO listing date is on Thursday, March 15, 2018.
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