Bookbuilding IPO | ₹232 Cr | Listed at BSE, NSE | Fri, May 19, 2006 - Wed, May 24, 2006
Unity Infraprojects IPO is a book build issue of ₹232.40 crores. The issue is a combination of fresh issue of 0.28 crore shares aggregating to ₹186.84 crores and offer for sale of 0.07 crore shares aggregating to ₹45.56 crores.
Unity Infraprojects IPO bidding started from May 19, 2006 and ended on May 24, 2006.
Unity Infraprojects IPO is set final issue price at ₹675 per share.
BOFA Securities India Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Unity Infraprojects IPO RHP for detailed Information.
IPO Open
Fri, May 19, 2006
IPO Close
Wed, May 24, 2006
Issue Price
₹675 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 19 to 24 May, 2006 |
| Listed on | Mon, Jun 12, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹651 to ₹732 |
| Issue Price | ₹675 per share |
| Lot Size | 0 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 34,43,000 shares (agg. up to ₹232 Cr) |
| Fresh Issue | 27,68,000 shares (agg. up to ₹187 Cr) |
| Offer for Sale | 6,75,000 shares of ₹10 (agg. up to ₹46 Cr) |
| Share Holding Pre Issue | 1,06,00,000 shares |
| Share Holding Post Issue | 1,33,68,000 shares |
| BSE Script Code / NSE Symbol | 532746 / UNITY |
| ISIN | INE466H01010 |
Unity Infraprojects IPO comprises a total issue size of 34,43,000 shares. The net offer to the public is 33,43,000 shares, after excluding 1,00,000 shares under a preferential allotment. Of the Net offer 16,71,500 (50.00%) are allocated to QIB, 5,01,450 (15.00%) allocated to NII 11,70,050 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 16,71,500 | 50.00% | 48.55% |
| NII (HNI) Shares Offered | 5,01,450 | 15.00% | 14.56% |
| Retail Shares Offered | 11,70,050 | 35.00% | 33.98% |
| Preferential Reservations | |||
| Employee Shares Offered | 1,00,000 | 2.90% | |
| Total Shares Offered | 34,43,000 | 100.00% | 100.00% |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Unity Infraprojects Limited is an Indian infrastructure and construction.
The company operates in the engineering and construction sector, undertaking projects across key segments such as buildings and housing, transportation, water supply, and irrigation. Its portfolio includes development of dams, tunnels, bridges, flyovers, roads, and large-scale civil infrastructure projects for both government and private clients.
Unity Infraprojects is the flagship company of the Mumbai-based KK Group and has executed several complex infrastructure projects across India.
As of January 31, 2006, the work force consisted of 703 full-time employees and approximately 1,057 temporary contract employees.
Competitive Strengths:
| Period Ended | 31 Dec 2005 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 272.73 | 200.03 | 165.19 |
| Total Income | 224.94 | 270.61 | 204.64 |
| Profit After Tax | 16.33 | 11.87 | 6.79 |
| NET Worth | 60.66 | 44.39 | 33.96 |
| Reserves and Surplus | 50.71 | 34.41 | 23.98 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in capital equipment | 45.00 |
| 2 | Prepayment/repayment of debt | 45.00 |
| 3 | Investment in BOT projects | 30.00 |
| 4 | Funding working capital margin requirements | 20.00 |
| 5 | General corporate purposes and other expenses | 31.29 |
| Total | 171.29 |
| KPI | Dec 31, 2005 | Mar 31, 2005 |
|---|---|---|
| RoNW | 26.73% | |
| Price to Book Value | 11.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.04% | 69.51% |
| Price Details |
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| Final Issue Price |
| Open |
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Lead Manager Reports
Unity Infraprojects IPO is a main-board IPO of 34,43,000 equity shares of the face value of ₹10 aggregating up to ₹232 Crores. The issue is priced at ₹675 per share. The minimum order quantity is 0.
The IPO opens on Fri, May 19, 2006, and closes on Wed, May 24, 2006.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Unity Infraprojects IPO using UPI as a payment gateway. Zerodha customers can apply in Unity Infraprojects IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Unity Infraprojects IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Unity Infraprojects IPO opens on Fri, May 19, 2006 and closes on Wed, May 24, 2006.
Unity Infraprojects IPO lot size is 0, and the minimum amount required for application is .
You can apply in Unity Infraprojects 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 Unity Infraprojects IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Unity Infraprojects IPO allotment status.
The Unity Infraprojects IPO listing date is on .
