Uniparts India Limited IPO Detail

Incorpotated in 1994, Uniparts India Limited is a manufacturer of engineered systems and solutions. The company is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (“CFM”) and aftermarket sectors with the presence across over 25 countries.

The company’s product portfolio includes core product verticals of 3-point linkage systems (“3PL“) and precision machined parts (“PMP“) as well as adjacent product verticals of power take-off (“PTO”), fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles (“OHVs”) with a presence across the value chain

In India, the company have five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh.

Uniparts also have a manufacturing, warehousing and distribution facility at Eldridge, Iowa, acquired under the acquisition in 2005 of Olsen Engineering LLC, now known as Uniparts Olsen Inc. (“UOI”) and a warehousing and distribution facility at Augusta, Georgia.

The company’s global business model is based on :

1. The sales in regions outside India (“International Sales“).

2. The sales from our dual shore manufacturing facilities in India and the United States, in their respective domestic markets (“Local Deliveries“).

3. Export sales from Indian locations directly to overseas customers (“Direct Exports“).

4. Sales from the warehousing facilities in their respective domestic markets (“Warehouse Sales”).

Company Financials

Period EndedTotal Assets CroreTotal Revenue CroreProfit After Tax CroreNet Worth CroreTotal Borrowing Crore

Objects of the Issue

The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.

Uniparts India IPO Details

IPO DateNov 30, 2022 to Dec 2, 2022
Listing Date12 Dec 2022
Face Value₹10 per share
Price₹548 to ₹577 per share
Lot Size25 Shares
Issue Size14,481,942 shares of ₹10
(aggregating up to ₹835.61 Cr)
Offer for Sale14,481,942 shares of ₹10
(aggregating up to ₹835.61 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Offer
Retail Shares OfferedNot less than 35% of the Offer
Company PromotersGurdeep Soni and Paramjit Singh Soni are the company promoters.

Uniparts India IPO Tentative Timetable

Uniparts India IPO opens on Nov 30, 2022, and closes on Dec 2, 2022. The Uniparts India IPO bid date is from Nov 30, 2022 10.00 A.M. to Dec 2, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

EventTentative Date
Opening DateNov 30, 2022
Closing DateDec 2, 2022
Basis of AllotmentDec 7, 2022
Initiation of RefundsDec 8, 2022
Credit of Shares to DematDec 9, 2022
Listing DateDec 12, 2022

Uniparts India IPO Lot Size

The Uniparts India IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹187,525).

Retail (Min)125₹14,425
Retail (Max)13325₹187,525
S-HNI (Min)14350₹201,950
B-HNI (Min)701,750₹1,009,750

Uniparts India IPO Promoter Holding

Pre Issue Share Holding75.54%
Post Issue Share Holding65.79%

Uniparts India IPO Review

UIL is enjoying a niche place in the segment it is operating. Based on its latest financial performance, the issue appears reasonably priced. Investors may consider parking funds for medium to long-term rewards.

Company Contact Information

Uniparts India Limited
Gripwel House, Block – 5,
Sector C6 &7, VasantKunj
NewDelhi 110070
Phone: + 91 120 458 1400
Email: compliance.officer@unipartsgroup.com

Uniparts India IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: uniparts.ipo@linkintime.co.in

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