Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Wed, Aug 19, 2015 - Fri, Aug 21, 2015
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Aug 19, 2015
IPO Close
Fri, Aug 21, 2015
Issue Price
₹15 per share
Market Cap (Pre-IPO)
₹12.17 Cr
| IPO Date | 19 to 21 Aug, 2015 |
| Listed on | Fri, Sep 4, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹15 per share |
| Lot Size | 8,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 21,60,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 1,12,000 shares Hem Securities Ltd. (agg. up to ₹0.1680 Cr) |
| Fresh Issue (Ex Market Maker) | 20,48,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 20,48,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 59,50,000 shares |
| Share Holding Post Issue | 81,10,000 shares |
| BSE Script Code | 539314 |
| ISIN | INE203T01012 |
Universal Autofoundry IPO comprises a total issue size of 21,60,000 shares. The net offer to the public is 20,48,000 shares, after excluding 1,12,000 shares allotted on a firm basis. Of the Net offer 10,24,000 (50.00%) allocated to NII 10,24,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,24,000 | 50.00% | 47.41% |
| Retail Shares Offered | 10,24,000 | 50.00% | 47.41% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,12,000 | 5.19% | |
| Total Shares Offered | 21,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 8,000 shares and in multiples thereof.
| 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.
| 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 | Purchase of Plant & Machineries | 2.73 |
| 2 | General Corporate Purpose | 0.16 |
| 3 | Public Issue Expenses | 0.35 |
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 underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, , Bankers etc and other out of pocket expenses | 0.28 |
| 2 | Payment to Merchant Banker for Printing, Stationery, Postage, Advertising and Marketing expenses | 0.04 |
| 3 | Regulatory fees and Other expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹15.00 |
| Open | ₹16.00 |
| Low | ₹15.60 |
| High | ₹16.80 |
| Last Trade | ₹16.00 |
Lead Manager Reports
Universal Autofoundry IPO is a SME IPO of 21,60,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000.
The IPO opens on Wed, Aug 19, 2015, and closes on Fri, Aug 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 Wed, Aug 19, 2015 and closes on Fri, Aug 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 Fri, Sep 4, 2015.
