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Universal Autofoundry IPO is a fixed price issue of ₹3.24 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹3.24 crore.
Universal Autofoundry IPO bidding started from Aug 19, 2015 and ended on Aug 21, 2015. The shares got listed on BSE SME on Sep 4, 2015.
Universal Autofoundry IPO price is ₹15.00 per share . The lot size for an application is 8,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (8000 shares). The minimum lot size investment for HNI is 2 lots (16,000 shares), amounting to ₹2,40,000.
Hem Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Hem Securities Ltd..
Refer to Universal Autofoundry IPO RHP for detailed Information.
| IPO Date | August 19, 2015 to August 21, 2015 |
| Listing Date | September 4, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 21,60,000 shares (aggregating up to ₹3.24 Cr) |
| Reserved for Market Maker | 1,12,000 shares Hem Securities Ltd. (aggregating up to ₹0.1680 Cr) |
| Net Offered to Public | 20,48,000 shares (aggregating up to ₹3.07 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 59,50,000 shares |
| Share Holding Post Issue | 81,10,000 shares |
Universal Autofoundry IPO offers total 21,60,000 shares. Out of which 10,24,000 (47.41%) allocated to NII, 10,24,000 (47.41%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,12,000 (5.19%) |
| NII (HNI) Shares Offered | 10,24,000 (47.41%) |
| Retail Shares Offered | 10,24,000 (47.41%) |
| Total Shares Offered | 21,60,000 (100.00%) |
Universal Autofoundry IPO opens on August 19, 2015, and closes on August 21, 2015.
| IPO Open Date | Wed, Aug 19, 2015 |
| IPO Close Date | Fri, Aug 21, 2015 |
| Tentative Listing Date | Fri, Sep 4, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Aug 21, 2015 |
Investors can bid for a minimum of 8,000 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 | 8,000 | ₹1,20,000 |
| Retail (Max) | 1 | 8,000 | ₹1,20,000 |
| HNI (Min) | 2 | 16,000 | ₹2,40,000 |
Incorporated in 1971, Universal Autofoundry Limited is engaged in the manufacturing of Iron Castings. The Jaipur, Rajasthan based company manufacture castings components in Grey Iron and S.G. (Ductile) Iron, primarily for automotive sector. Castings are supplied in Machined, Semi Machined and as cast condition with surface treatment as per customer's need. Suspension Brackets, Differential housing, Hubs, Brake drum, Flywheels, Adjuster Nuts, Pulleys, Dampers, etc. are some of the items that find application in the commercial vehicle and engineering industry.
Company has more than 65,000 sq. ft. size area manufacturing plant located at VKI Area, Jaipur, Rajasthan, which has an existing installed capacity of 7,800 MT p.a. for the manufacture of grey iron and ductile iron castings. It caters to the requirements of many of the major automotive and engineering goods manufacturers in India namely Ashok Leyland
Limited, V E Commercial Vehicles Limited, Escorts Limited, TAFE, JCB India Ltd. etc.
UAL is ISO/TS 16949:2009, ISO 14001:2004 & BS OHSAS 18001:2007 certified company.
The Company Universal Autofoundry 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 | Purchase of Plant & Machineries | 2.73 |
| 2 | General Corporate Purpose | 0.16 |
| 3 | Public Issue Expenses | 0.35 |
[Dilip Davda] <p>Long term investors may consider moderate investments.</p> Read detail review...
| Listing Date | September 4, 2015 |
| BSE Script Code | 539314 |
| NSE Symbol | |
| ISIN | INE203T01012 |
| Final Issue Price | ₹15 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹16.00 |
| Low | ₹15.60 |
| High | ₹16.80 |
| Last Trade | ₹16.00 |
Universal Autofoundry Ltd.
B-307,
Road No. 16,
V.K.I. Area,
Jaipur, Rajasthan, 302013
Phone: +91-141-2460289,2460356
Email: cs@ufindia.com
Website: http://www.ufindia.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email:
Website: https://ipostatus.kfintech.com/
Universal Autofoundry IPO is a SME IPO of 21,60,000 equity shares of the face value of ₹10 aggregating up to ₹3.24 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on August 19, 2015, and closes on August 21, 2015.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Universal Autofoundry IPO using UPI as a payment gateway. Zerodha customers can apply in Universal Autofoundry IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Universal Autofoundry IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Universal Autofoundry IPO opens on August 19, 2015 and closes on August 21, 2015.
Universal Autofoundry IPO lot size is 8000, and the minimum amount required for application is ₹1,20,000.
You can apply in Universal Autofoundry 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 Universal Autofoundry IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Universal Autofoundry IPO allotment status.
The Universal Autofoundry IPO listing date is on Friday, September 4, 2015.
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