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20 Nov 2024
United Heat Transfer Limited IPO, GMP, Details, Price, And Review
Founded in January 1995, United Heat Transfers Limited specializes in producing crucial equipment like heat exchangers, pressure vessels, and process flow skids. Its products are utilized in a variety of sectors, including petrol and diesel engines, maritime vessels, mining trucks, and heavy machinery. The company has two manufacturing facilities in Nashik, featuring modern infrastructure and state-of-the-art technology and machinery to boost productivity and efficiency.
United Heat Transfer IPO Overview:
- Issue Size: ₹30 crores
- ● Total Shares: 50.84 lakh shares (entirely a fresh issue)
- Subscription Dates:
- ○ Open: October 22, 2024
- ○ Close: October 24, 2024
- Price Band: ₹56 to ₹59 per share
- Minimum Lot Size: 2,000 shares
- Book Running Lead Manager: Swastika Investmart Ltd
- Registrar: Link Intime India Private Ltd
- Market Maker: Swastika Investmart
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
United Heat Transfer Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 28-10-2024 | 59.00 | 17 (28.81%) | 28-Oct-2024 13:15 |
| 27-10-2024 | 59.00 | 17 (28.81%) | 27-Oct-2024 12:40 |
| 25-10-2024 | 59.00 | 20 (33.90%) | 25-Oct-2024 13:10 |
| 24-10-2024 | 59.00 | 25 (42.37%) | 24-Oct-2024 12:55 |
| 23-10-2024 | 59.00 | 18 (30.51%) | 23-Oct-2024 12:50 |
| 22-10-2024 | 59.00 | 10 (16.95%) | 22-Oct-2024 12:24 |
| 21-10-2024 | 59.00 | 10 (16.95%) | 21-Oct-2024 13:12 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
United Heat Transfer Limited IPO Overview
| Detail | Description |
|---|---|
| IPO Date | October 22, 2024 to October 24, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹56 to ₹59 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 5,084,000 shares (aggregating up to ₹30.00 Cr) |
| Fresh Issue | 5,084,000 shares (aggregating up to ₹30.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 13,920,000 |
| Shareholding post issue | 19,004,000 |
| Market Maker portion | 256,000 shares Swastika Investmart |
United Heat Transfer IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, October 22, 2024 |
| IPO Close Date | Thursday, October 24, 2024 |
| Basis of Allotment | Friday, October 25, 2024 |
| Initiation of Refunds | Monday, October 28, 2024 |
| Credit of Shares to Demat | Monday, October 28, 2024 |
| Listing Date | Tuesday, October 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 24, 2024 |
United Heat Transfer IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹118,000 |
| Retail (Max) | 1 | 2000 | ₹118,000 |
| HNI (Min) | 2 | 4,000 | ₹236,000 |
United Heat Transfer Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
United Heat Transfer IPO Promoter Holding
| Share Holding Pre Issue | 91.59% |
| Share Holding Post Issue | 67.09% |
United Heat Transfer IPO Anchor Investors Details
| Bid Date | October 21, 2024 |
| Shares Offered | 2,408,000 |
| Anchor Portion Size (In Cr.) | 14.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 24, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 23, 2025 |
Competitive Strength:
- ● A diverse customer base across various continents enhances our global presence, minimizing reliance on any single market.
- ● Knowledgeable and skilled team to ensure efficient production and delivery of products.
- ● Meeting Industry Standards to ensure high quality and reliability for its customers
- ● Strategic distribution channels and locations enhance customer convenience and accessibility, boosting the company's reach and sales potential.
United Heat Transfer Limited Financial Information
| Period Ended | 31 July 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 7,230.03 | 7,046.67 | 6,481.52 | 6,262.36 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,120.01 | 6,409.55 | 7,040.15 | 4,796.11 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 242.53 | 623.85 | 211.54 | 152.67 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 2,865.24 | 2,037.71 | 1,413.86 | 1,202.32 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 1,473.24 | 762.71 | 988.86 | 777.32 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 3,202.13 | 3,692.18 | 3,295.18 | 3,761.47 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 8.46% |
| ROCE | 10.79% |
| Debt/Equity | 1.12 |
| RoNW | 8.46% |
| P/BV | 3.69 |
| PAT Margin (%) | 11.44 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.48 | 3.83 |
| P/E (x) | 13.16 | 15.41 |
Objectives of United Heat Transfer IPO
The Issue Proceeds from the Fresh Issue will be utilized towards the following objectives:
FAQs for United Heat Transfer IPO
-
What is United Heat Transfer IPO?
United Heat Transfer IPO is an SME IPO. The company is going to raise ₹30.00 Crores via IPO. The issue is priced at ₹56 to ₹59 per equity share. The IPO is to be listed on NSE.
-
When will the United Heat Transfer IPO open for subscription?
The IPO is to open on October 22, 2024, for QIB, NII, and Retail Investors. The IPO will close on October 24, 2024.
-
What is the United Heat Transfer IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is United Heat Transfer IPO Issue Size?
United Heat Transfer IPO issue size is ₹30.00 crores.
-
What is the United Heat Transfer IPO Price Band?
United Heat Transfer IPO Price Band is ₹56 to ₹59.
-
What is United Heat Transfer IPO Lot Size?
The minimum bid is 2000 Shares with ₹118,000 amount.
-
What is the United Heat Transfer IPO Allotment Date?
United Heat Transfer IPO allotment date is October 25, 2024.
-
What is the United Heat Transfer IPO Listing Date?
United Heat Transfer IPO listing date is October 29, 2024. The IPO is to be listed on the NSE.
-
What is United Heat Transfer's current GMP?
The current GMP of the United Heat Transfer is 17 (28.81%).
RHP:
RHP of United Heat Transfer Limited IPO
DRHP:
DRHP of United Heat Transfer Limited IPO
-
What is United Heat Transfer IPO?
United Heat Transfer IPO is an SME IPO. The company is going to raise ₹30.00 Crores via IPO. The issue is priced at ₹56 to ₹59 per equity share. The IPO is to be listed on NSE.
-
When will the United Heat Transfer IPO open for subscription?
The IPO is to open on October 22, 2024, for QIB, NII, and Retail Investors. The IPO will close on October 24, 2024.
-
What is the United Heat Transfer IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is United Heat Transfer IPO Issue Size?
United Heat Transfer IPO issue size is ₹30.00 crores.
-
What is the United Heat Transfer IPO Price Band?
United Heat Transfer IPO Price Band is ₹56 to ₹59.
-
What is United Heat Transfer IPO Lot Size?
The minimum bid is 2000 Shares with ₹118,000 amount.
-
What is the United Heat Transfer IPO Allotment Date?
United Heat Transfer IPO allotment date is October 25, 2024.
-
What is the United Heat Transfer IPO Listing Date?
United Heat Transfer IPO listing date is October 29, 2024. The IPO is to be listed on the NSE.
-
What is United Heat Transfer's current GMP?
The current GMP of the United Heat Transfer is 17 (28.81%).
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