Fixed Price IPO | ₹8 Cr | Listed at NSE SME | Wed, May 25, 2016 - Mon, May 30, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, May 25, 2016
IPO Close
Mon, May 30, 2016
Issue Price
₹45 per share
Market Cap (Pre-IPO)
₹21.08 Cr
| IPO Date | 25 to 30 May, 2016 |
| Listed on | Thu, Jul 7, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹45 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 17,01,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 87,000 shares NNM Securities Pvt.Ltd. (agg. up to ₹0.3915 Cr) |
| Fresh Issue (Ex Market Maker) | 16,14,000 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 16,14,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 29,82,850 shares |
| Share Holding Post Issue | 46,83,850 shares |
| NSE Symbol | UNITEDPOLY |
| ISIN | INE368U01011 |
United Polyfab Gujarat IPO comprises a total issue size of 17,01,000 shares. The net offer to the public is 16,14,000 shares, after excluding 87,000 shares allotted on a firm basis. Of the Net offer 8,07,000 (50.00%) allocated to NII 8,07,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,07,000 | 50.00% | 47.44% |
| Retail Shares Offered | 8,07,000 | 50.00% | 47.44% |
| Firm Reservations | |||
| Market Maker Shares Offered | 87,000 | 5.11% | |
| Total Shares Offered | 17,01,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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 |
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.
| 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 | Setting up Spinning unit | 68.82 |
| 2 | Public Issue Expenses | 0.33 |
| KPI | |
|---|---|
| RoNW | 10.45% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 61.14% | |
| Market Cap | ₹21.08 Cr. |
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 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses. | 0.25 |
| 2 | Printing & Stationery and Postage Expenses | 0.02 |
| 3 | Marketing and Advertisement Expenses | 0.03 |
| 4 | Regulatory fees and other expenses | 0.03 |
| 5 | Other Miscellaneous expenses | 0.01 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹42.50 |
| Low | ₹42.50 |
| High | ₹44.00 |
| Last Trade | ₹44.00 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
United Polyfab Gujarat IPO is a SME IPO of 17,01,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on Wed, May 25, 2016, and closes on Mon, 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 Wed, May 25, 2016 and closes on Mon, 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 Thu, Jul 7, 2016.
