Univastu India IPO is a fixed price issue of ₹5.99 crores. The issue is entirely a fresh issue of 0.15 crore shares of ₹5.99 crore.
Univastu India IPO bidding started from Jul 14, 2017 and ended on Jul 19, 2017. The shares got listed on NSE SME on Jul 27, 2017.
Univastu India IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Inventure Growth & Securities Ltd..
Refer to Univastu India IPO RHP for detailed Information.
IPO Date | July 14, 2017 to July 19, 2017 |
Listing Date | July 27, 2017 |
Face Value | ₹10 per share |
Issue Price Band | |
Issue Price Final | ₹40 per share |
Lot Size | 3,000 Shares |
Sale Type | Fresh Capital |
Total Issue Size | 14,97,000 shares (aggregating up to ₹5.99 Cr) |
Reserved for Market Maker | 75,000 shares Inventure Growth & Securities Ltd. (aggregating up to ₹0.3000 Cr) |
Net Offered to Public | 14,22,000 shares (aggregating up to ₹5.69 Cr) |
Issue Type | Fixed Price IPO |
Listing At | NSE SME |
Share Holding Pre Issue | 41,85,300 shares |
Share Holding Post Issue | 56,82,300 shares |
Univastu India IPO offers total 14,97,000 shares. Out of which 7,11,000 (47.49%) allocated to NII, 7,11,000 (47.49%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 75,000 (5.01%) |
NII (HNI) Shares Offered | 7,11,000 (47.49%) |
Retail Shares Offered | 7,11,000 (47.49%) |
Total Shares Offered | 14,97,000 (100.00%) |
Univastu India IPO opens on July 14, 2017, and closes on July 19, 2017.
IPO Open Date | Fri, Jul 14, 2017 |
IPO Close Date | Wed, Jul 19, 2017 |
Tentative Listing Date | Thu, Jul 27, 2017 |
Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 19, 2017 |
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 | ₹1,20,000 |
Retail (Max) | 1 | 3,000 | ₹1,20,000 |
HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Incorporated in 2009, Univastu India Ltd (UIL) is an ISO 9001:2015 certified Pune based construction company and provide integrated engineering, procurement and construction services (EPC) for civil & Structural construction and infrastructure sector projects. Currently the construction activity being undertaken by the company includes civil & Structural construction and infrastructure contracts which have been sub contracted to it by main contractors. UIL is also engaged in trading of construction materials. Its main trading products include steel, cement and electrical material.
UIL’s focus area includes activities like civil construction projects, which include structures such as Sports Complex Projects (Indoor and Outdoor Sport Stadiums), multi-purpose hall, commercial structures, industrial structures, Hospitals, Cold Storage, Educational Institution, mass housing projects; water Supply and Drainage Projects; road and Bridges Projects. major and minor Irrigation Projects etc. Its portfolio of completed and ongoing civil construction projects includes commercial and residential buildings, industrial structure, hospitals and educational campus, roads, cold storage, water supply projects.
The Company Univastu India 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 | Augmenting additional working capital requirements | 4.26 |
2 | Purchase of Equipment & Tools | 0.82 |
3 | General Corporate Purposes | 0.43 |
[Dilip Davda] Investors may consider investment for short to medium term in this reasonably priced issue. Read detail review...
Listing Date | July 27, 2017 |
BSE Script Code | |
NSE Symbol | UNIVASTU |
ISIN | INE562X01013 |
Final Issue Price | ₹40 per share |
Price Details | NSE SME |
---|---|
Final Issue Price | ₹40.00 |
Open | ₹48.00 |
Low | ₹38.50 |
High | ₹48.00 |
Last Trade | ₹40.20 |
Univastu India Ltd.
Bungalow No.36/B,
Madhav Baug CHS,
Shivtirth Nagar, Kothrud
Pune, Maharashtra, 411038
Phone: +91 20 2543 4617
Email: info@univastu.com
Website: http://www.univastu.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Univastu India IPO is a SME IPO of 14,97,000 equity shares of the face value of ₹10 aggregating up to ₹5.99 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on July 14, 2017, and closes on July 19, 2017.
Bigshare 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 Univastu India IPO using UPI as a payment gateway. Zerodha customers can apply in Univastu India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Univastu India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Univastu India IPO opens on July 14, 2017 and closes on July 19, 2017.
Univastu India IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Univastu 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 Univastu India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Univastu India IPO allotment status.
The Univastu India IPO listing date is on Thursday, July 27, 2017.
Useful Articles