Uniinfo Telecom Services IPO Details

Fixed Price IPO | ₹16 Cr | Listed at NSE SME | Mon, Mar 5, 2018 - Wed, Mar 7, 2018

Uniinfo Telecom IPO Logo

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 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) (based on upper price). The minimum lot size for investment in 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 Open

Mon, Mar 5, 2018

IPO Close

Wed, Mar 7, 2018

Issue Price

₹55 per share

Market Cap (Pre-IPO)

₹58.81 Cr

IPO Details

IPO Date5 to 7 Mar, 2018
Listed onThu, Mar 15, 2018
Face Value10 per share
Issue Price₹55 per share
Lot Size2,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtNSE SME

Total Issue Size28,34,000 shares
(agg. up to ₹16 Cr)
Reserved for Market Maker
1,42,000 shares
(agg. up to ₹0.7810 Cr)
Systematix Shares & Stocks (India) Ltd.
Fresh Issue
(Ex Market Maker)
26,92,000 shares
(agg. up to ₹15 Cr)
Net Offered to Public26,92,000 shares
(agg. up to ₹15 Cr)
Share Holding Pre Issue70,55,120 shares
Share Holding Post Issue1,06,93,120 shares
NSE Symbol UNIINFO
ISININE481Z01011

IPO Timetable

Issue Reservation

Uniinfo Telecom IPO comprises a total issue size of 28,34,000 shares. The net offer to the public is 26,92,000 shares, after excluding 1,42,000 shares allotted on a firm basis. Of the Net offer 13,46,000 (50.00%) allocated to NII 13,46,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 13,46,00050.00%47.49%
Retail Shares Offered 13,46,00050.00%47.49%
Firm Reservations
Market Maker Shares Offered 1,42,0005.01%
Total Shares Offered 28,34,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. 

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
IPO Subscription Details

About Uniinfo Telecom Services Ltd.

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
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

IPO Review

[Dilip Davda]
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
Read detail review...

Uniinfo Telecom IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0100
Members0000

IPO Subscription Status

The Uniinfo Telecom IPO is subscribed 2.31 times on March 7, 2018 5:00:00 PM (Day 3). The public issue subscribed 3.04 times in the retail category, [.] times in the QIB category, and 1.46 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (x) Shares Offered Shares bid for
NII* 1.4613,46,00019,62,000
Retail3.0413,46,00040,86,000
Total2.3126,92,00060,48,000

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Fees payable to Merchant Banker, Registrar, Legal Advisors, Statutory Expenses, Printing and Stationery Expenses, Advertising and Marketing Expenses 0.35
2 Fees payable to Market Maker for 3 years towards market making 0.15
3 Underwriting, Brokerage & Selling Commission 1.25

Listing Day Trading Information

Price DetailsNSE SME
Final Issue Price55.00
Open56.00
Low52.50
High56.80
Last Trade55.75

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Uniinfo Telecom Services Ltd. Address
403,
Chetak Centre,
12/2 RNT Marg,
Indore, Madhya Pradesh, 452001
Open an Instant Account with Zerodha

IPO FAQs

Uniinfo Telecom IPO is a SME IPO of 28,34,000 equity shares of the face value of ₹10 aggregating up to ₹16 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.

The IPO opens on Mon, Mar 5, 2018, and closes on Wed, Mar 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Uniinfo Telecom IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Uniinfo Telecom IPO opens on Mon, Mar 5, 2018 and closes on Wed, Mar 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 Thu, Mar 15, 2018.

Compare: