United Heat Transfer Limited IPO, GMP, Details, Price, And Review IPO Details
| 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 | 2,000 Shares |
| Total Issue Size | 50,84,000 shares (aggregating up to ₹ 30.00 Cr) |
| Fresh Issue | 50,84,000 shares (aggregating up to ₹ 30.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 1,39,20,000 |
| Shareholding post issue | 1,90,04,000 |
| Market Maker portion | 2,56,000 shares Swastika Investmart |
About 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
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 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 |
Objectives of United Heat Transfer IPO
-
The Issue Proceeds from the Fresh Issue will be utilized towards the following objectives:
- • Repayment of Debt.
- • To Meet Incremental Working Capital Requirements.
- • General Corporate Purpose.
United Heat Transfer Limited IPO, GMP, Details, Price, And Review Financial Information
Latest Revenue
₹ 2,120.01 Cr
Profit After Tax
₹ 242.53 Cr
Net Worth
₹ 2,865.24 Cr
Total Borrowing
₹ 3,202.13 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31 July 2024 | 7,230.03 | 2,120.01 | 242.53 | 2,865.24 | 3,202.13 |
| 31 Mar 2024 | 7,046.67 | 6,409.55 | 623.85 | 2,037.71 | 3,692.18 |
| 31 Mar 2023 | 6,481.52 | 7,040.15 | 211.54 | 1,413.86 | 3,295.18 |
| 31 Mar 2022 | 6,262.36 | 4,796.11 | 152.67 | 1,202.32 | 3,761.47 |
| Amount in ₹ Crore | |||||
United Heat Transfer Limited IPO, GMP, Details, Price, And Review IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The United Heat Transfer Limited IPO, GMP, Details, Price, And Review IPO GMP is currently trading at ₹1728, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹1787, which is 2928.81% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹59 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹1728 and a lot size of 2000 shares.
United Heat Transfer Limited IPO, GMP, Details, Price, And Review IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-10-28 | ₹59 | ₹17(28.81%) | 2024-10-28 |
United Heat Transfer Limited IPO, GMP, Details, Price, And Review 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 |
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Competitive Strengths
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.
Download regulatory filings
United Heat Transfer Limited IPO, GMP, Details, Price, And Review IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹ 1,18,000 |
| Retail (Max) | 1 | 2,000 | ₹ 1,18,000 |
| HNI (Min) | 2 | 4,000 | ₹ 2,36,000 |