Fixed Price IPO | ₹6 Cr | Listed at NSE SME | Fri, Jul 14, 2017 - Wed, Jul 19, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Jul 14, 2017
IPO Close
Wed, Jul 19, 2017
Issue Price
₹40 per share
Market Cap (Pre-IPO)
₹22.73 Cr
| IPO Date | 14 to 19 Jul, 2017 |
| Listed on | Thu, Jul 27, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 14,97,000 shares (agg. up to ₹6 Cr) |
| Reserved for Market Maker | 75,000 shares Inventure Growth & Securities Ltd. (agg. up to ₹0.3000 Cr) |
| Fresh Issue (Ex Market Maker) | 14,22,000 shares (agg. up to ₹6 Cr) |
| Net Offered to Public | 14,22,000 shares (agg. up to ₹6 Cr) |
| Share Holding Pre Issue | 41,85,300 shares |
| Share Holding Post Issue | 56,82,300 shares |
| NSE Symbol | UNIVASTU |
| ISIN | INE562X01013 |
Univastu India IPO comprises a total issue size of 14,97,000 shares. The net offer to the public is 14,22,000 shares, after excluding 75,000 shares allotted on a firm basis. Of the Net offer 7,11,000 (50.00%) allocated to NII 7,11,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 7,11,000 | 50.00% | 47.49% |
| Retail Shares Offered | 7,11,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 75,000 | 5.01% | |
| Total Shares Offered | 14,97,000 | 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 | ₹1,20,000 |
| 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.
| 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 | Augmenting additional working capital requirements | 4.26 |
| 2 | Purchase of Equipment & Tools | 0.82 |
| 3 | General Corporate Purposes | 0.43 |
The Univastu India IPO is subscribed [.] times on July 19, 2017 5:00:00 PM (Day 4). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 7,48,500 | 20,43,000 |
| Retail | [.] | 7,48,500 | 80,16,000 |
| Total | [.] | 14,97,000 | 1,00,98,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 0.31 |
| 2 | Advertising and marketing expenses | 0.03 |
| 3 | Printing and stationery expenses, distribution and postage | 0.03 |
| 4 | Regulatory and other expenses including Listing Fee | 0.12 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹48.00 |
| Low | ₹38.50 |
| High | ₹48.00 |
| Last Trade | ₹40.20 |
Lead Manager Reports
Univastu India IPO is a SME IPO of 14,97,000 equity shares of the face value of ₹10 aggregating up to ₹6 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on Fri, Jul 14, 2017, and closes on Wed, Jul 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 Fri, Jul 14, 2017 and closes on Wed, Jul 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 Thu, Jul 27, 2017.
