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United Polyfab Gujarat IPO is a fixed price issue of ₹7.65 crores. The issue is entirely a fresh issue of 0.17 crore shares of ₹7.65 crore.
United Polyfab Gujarat IPO bidding started from May 25, 2016 and ended on May 30, 2016. The shares got listed on NSE SME on Jul 7, 2016.
United Polyfab Gujarat IPO price is ₹45.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,35,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,70,000.
Corporate Strategic Allianz Ltd. is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is NNM Securities Pvt.Ltd..
Refer to United Polyfab Gujarat IPO RHP for detailed Information.
| IPO Date | May 25, 2016 to May 30, 2016 |
| Listing Date | July 7, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹45 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 17,01,000 shares (aggregating up to ₹7.65 Cr) |
| Reserved for Market Maker | 87,000 shares NNM Securities Pvt.Ltd. (aggregating up to ₹0.3915 Cr) |
| Net Offered to Public | 16,14,000 shares (aggregating up to ₹7.26 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 29,82,850 shares |
| Share Holding Post Issue | 46,83,850 shares |
United Polyfab IPO offers total 17,01,000 shares. Out of which 8,07,000 (47.44%) allocated to NII, 8,07,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 87,000 (5.11%) |
| NII (HNI) Shares Offered | 8,07,000 (47.44%) |
| Retail Shares Offered | 8,07,000 (47.44%) |
| Total Shares Offered | 17,01,000 (100.00%) |
United Polyfab Gujarat IPO opens on May 25, 2016, and closes on May 30, 2016.
| IPO Open Date | Wed, May 25, 2016 |
| IPO Close Date | Mon, May 30, 2016 |
| Tentative Listing Date | Thu, Jul 7, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, May 30, 2016 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,35,000 |
| Retail (Max) | 1 | 3,000 | ₹1,35,000 |
| HNI (Min) | 2 | 6,000 | ₹2,70,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2015, United Polyfab Gujarat Ltd (UPGL) is engaged in the business of trading and manufacturing Grey Fabrics, Denim and Dyed Fabrics.
Presently company has 42 Airjet automatic Looms having the capacity to manufacture/weaving upto 688 meters grey denim/grey fabric/cotton grey fabric per day per 3 shifts Airjet automatic loom. The company operates at an average capacity of i.e. 7,00,000 meters per month.
In addition to trading and manufacturing/weaving activities, the Company also does the job work of manufacturing/weaving of Grey Denim, grey fabric and cotton grey fabric.
| KPI | Values |
|---|---|
| RoNW | 10.45% |
The Company United Polyfab Gujarat 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 | Setting up Spinning unit | 68.82 |
| 2 | Public Issue Expenses | 0.33 |
[Dilip Davda] <p><strong>Being aggressively priced IPO, only risks aver cash surplus investors may consider investment for long term.</strong></p> Read detail review...
| Listing Date | July 7, 2016 |
| BSE Script Code | |
| NSE Symbol | UNITEDPOLY |
| ISIN | INE368U01011 |
| Final Issue Price | ₹45 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹42.50 |
| Low | ₹42.50 |
| High | ₹44.00 |
| Last Trade | ₹44.00 |
United Polyfab Gujarat Ltd.
Survey No. 238, 239, Shahwadi,
Opp. New Aarvee Denim,
Narol-Sarkhej Highway, Ahmedabad
Ahmedabad, Gujarat, 382405
Phone: +91 9925232824
Email: info@unitedpolyfab.com
Website: http://www.upgl.in
Satellite Corporate Services Pvt.Ltd.
Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: https://www.satellitecorporate.com/ipo-query.php
United Polyfab Gujarat IPO is a SME IPO of 17,01,000 equity shares of the face value of ₹10 aggregating up to ₹7.65 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on May 25, 2016, and closes on May 30, 2016.
Satellite Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in United Polyfab Gujarat IPO using UPI as a payment gateway. Zerodha customers can apply in United Polyfab Gujarat IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in United Polyfab Gujarat IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The United Polyfab Gujarat IPO opens on May 25, 2016 and closes on May 30, 2016.
United Polyfab Gujarat IPO lot size is 3000, and the minimum amount required for application is ₹1,35,000.
You can apply in United Polyfab Gujarat 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 United Polyfab Gujarat IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the United Polyfab Gujarat IPO allotment status.
The United Polyfab Gujarat IPO listing date is on Thursday, July 7, 2016.
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