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Uniparts India IPO is a book build issue of ₹835.61 crores. The issue is entirely an offer for sale of 1.45 crore shares of ₹835.61 crore.
Uniparts India IPO bidding started from Nov 30, 2022 and ended on Dec 2, 2022. The allotment for Uniparts India IPO was finalized on Dec 7, 2022. The shares got listed on BSE, NSE on Dec 12, 2022.
Uniparts India IPO price band is set at ₹577.00 per share . The lot size for an application is 25. The minimum amount of investment required by an retail is ₹13,700 (25 shares). The lot size investment for sNII is 14 lots (350 shares), amounting to ₹2,01,950, and for bNII, it is 70 lots (1,750 shares), amounting to ₹10,09,750.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Uniparts India IPO RHP for detailed Information.
| IPO Date | November 30, 2022 to December 2, 2022 |
| Listing Date | December 12, 2022 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹548 to ₹577 per share |
| Issue Price Final | ₹577 per share |
| Lot Size | 25 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 1,44,81,942 shares (aggregating up to ₹835.61 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,51,33,758 shares |
| Share Holding Post Issue | 4,51,33,758 shares |
Uniparts India IPO offers total 1,44,81,942 shares. Out of which 72,40,970 (50.00%) allocated to QIB, 28,96,388 (20.00%) allocated to QIB, 21,72,292 (15.00%) allocated to NII, 50,68,680 (35.00%) allocated to RII and 43,44,582 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 72,40,970 (50.00%) | NA |
| − Anchor Investor Shares Offered | 43,44,582 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 28,96,388 (20.00%) | NA |
| NII (HNI) Shares Offered | 21,72,292 (15.00%) | NA |
| − bNII > ₹10L | 14,48,194 (10.00%) | 4,137 |
| − sNII < ₹10L | 7,24,098 (5.00%) | 2,068 |
| Retail Shares Offered | 50,68,680 (35.00%) | 2,02,747 |
| Total Shares Offered | 1,44,81,942 (100.00%) |
Uniparts India IPO raises ₹250.68 crore from anchor investors. Uniparts India IPO Anchor bid date is November 29, 2022. Uniparts India IPO Anchor Investors list
| Bid Date | November 29, 2022 |
| Shares Offered | 43,44,582 |
| Anchor Portion Size (In Cr.) | 250.68 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 6, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 7, 2023 |
Uniparts India IPO opens on November 30, 2022, and closes on December 2, 2022.
| IPO Open Date | Wed, Nov 30, 2022 |
| IPO Close Date | Fri, Dec 2, 2022 |
| Tentative Allotment | Wed, Dec 7, 2022 |
| Initiation of Refunds | Thu, Dec 8, 2022 |
| Credit of Shares to Demat | Fri, Dec 9, 2022 |
| Tentative Listing Date | Mon, Dec 12, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 2, 2022 |
Investors can bid for a minimum of 25 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 | 25 | ₹14,425 |
| Retail (Max) | 13 | 325 | ₹1,87,525 |
| S-HNI (Min) | 14 | 350 | ₹2,01,950 |
| S-HNI (Max) | 69 | 1,725 | ₹9,95,325 |
| B-HNI (Min) | 70 | 1,750 | ₹10,09,750 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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").
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-19 | 958.44 | 1062.48 | 69.6 | 421.98 | 345.63 |
| 31-Mar-20 | 898.75 | 938.84 | 62.64 | 464.16 | 256.5 |
| 31-Mar-21 | 893.27 | 947.69 | 93.15 | 560.14 | 127.78 |
| 31-Mar-22 | 1031.18 | 1231.04 | 166.89 | 685.24 | 127.27 |
| 30-Jun-22 | 1063.51 | 347.76 | 50.52 | 713.93 | 114.66 |
| Amount in ₹ Crore | |||||
The market capitalization of Uniparts India IPO is ₹2604.22 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 12.89 |
The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.
[Dilip Davda] UIL is enjoying a niche place in the segment it is operating. Based on its latest financial performance, the issue appears reasonably priced. Investors may consider parking funds for medium to long-term rewards. Read detail review...
| Listing Date | December 12, 2022 |
| BSE Script Code | 543689 |
| NSE Symbol | UNIPARTS |
| ISIN | INE244O01017 |
| Final Issue Price | ₹577 per share |
| BSE Listing Group | B |
Uniparts India Ltd.
Gripwel House, Block – 5,
Sector C6 &7,
VasantKunj
New Delhi, New Delhi, 110070
Phone: + 91 120 458 1400
Email: compliance.officer@unipartsgroup.com
Website: https://www.unipartsgroup.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: uniparts.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Uniparts India IPO is a main-board IPO of 1,44,81,942 equity shares of the face value of ₹10 aggregating up to ₹835.61 Crores. The issue is priced at ₹577 per share. The minimum order quantity is 25.
The IPO opens on November 30, 2022, and closes on December 2, 2022.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Uniparts India IPO using UPI as a payment gateway. Zerodha customers can apply in Uniparts India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Uniparts India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Uniparts India IPO opens on November 30, 2022 and closes on December 2, 2022.
Uniparts India IPO lot size is 25, and the minimum amount required for application is ₹14,425.
You can apply in Uniparts India 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 Uniparts India IPO will be done on Wednesday, December 7, 2022, and the allotted shares will be credited to your demat account by Friday, December 9, 2022. Check the Uniparts India IPO allotment status.
The Uniparts India IPO listing date is on Monday, December 12, 2022.
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