United Heat Transfer IPO
United Heat Transfer Limited IPO
United Heat Transfer is a NSE SME IPO listed on NSE SME with an issue price of ₹56–₹59 per share. The stock debuted at ₹60.95, delivering a listing gain of 3.3%. The IPO had a lot size of 2000 shares and a minimum investment of ₹1,18,000.
- IPO Dates
- Oct 22, 2024 – Oct 24, 2024
- Price band
- ₹56-59 per equity share
- Minimum Investment
- ₹1,18,000
- Issue size
- ₹30 Cr
- Lot size
- 2000
- Allotment Date
- Oct 25, 2024
- Listing
- Oct 29, 2024
- Listing At
- NSE SME
IPO timeline
-
Oct 22, 2024
Open Date
Completed
-
Oct 24, 2024
Close Date
Completed
-
Oct 25, 2024
Allotment Date
Completed
-
Oct 29, 2024
Listing Date
Completed
United Heat Transfer IPO Essentials
United Heat Transfer IPO Details
United Heat Transfer IPO is priced at ₹56-59 per share with a total issue size of ₹30 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹56-59 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Total issue size
- 50,84,000 shares
(aggregating up to ₹30 crore) - Fresh issue
- 50,84,000 shares
(aggregating up to ₹30 crore) - Listing at
- NSE SME
- List price
- 60.95
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Swastika Investmart Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,18,000 |
| Retail(max) | 1 | 2000 | ₹1,18,000 |
| NII (min) | 2 | 4,000 | ₹2,36,000 |
United Heat Transfer IPO Reservation
United Heat Transfer IPO reservation details show category-wise allocation of shares. Out of the total 5,084,000 shares, approximately 19.16% are reserved for QIB, 14.32% for NII, 33.28% for retail investors, 5.04% for market maker, and 28.21% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,434,000 (28.21%) | |
| Market Maker Shares Offered | 256,000 (5.04%) | |
| QIB Shares Offered | 974,000 (19.16%) | |
| NII (HNI) Shares Offered | 728,000 (14.32%) | |
| Retail Shares Offered | 1,692,000 (33.28%) | |
| Total Shares Offered | 5,084,000 (100%) |
United Heat Transfer IPO Analytics
United Heat Transfer IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
United Heat Transfer IPO Subscription Status
United Heat Transfer IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 974,000 / 728,000 | 1,692,000 | 3,394,000 |
|
Day 1
22-10-24 06:00 PM
|
(1.74 / 4.25) x | 2.52 x | 2.67 x |
|
Day 2
23-10-24 06:00 PM
|
(2.61 / 7.84) x | 13.72 x | 9.27 x |
|
Day 3
24-10-24 06:00 PM
|
(26.56 / 125.07) x | 98.93 x | 83.77 x |
United Heat Transfer Valuations
Earnings
- EPS Pre IPO
- ₹4.48/-
- EPS Post IPO
- ₹3.83/-
- P/E Pre IPO
- 13.16
- P/E Post IPO
- 15.41
Returns
- ROE
- 8.46%
- ROCE
- 10.79%
- RoNW
- 8.46%
- PAT Margin
- 11.44
Fundamentals
- Debt / Equity
- 1.12
- Price / Book
- 3.69
United Heat Transfer Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 7,046.67 | 6,481.52 | 6,262.36 |
| Revenue | 6,409.55 | 7,040.15 | 4,796.11 |
| Profit After Tax | 623.85 | 211.54 | 152.67 |
| Net Worth | 2,037.71 | 1,413.86 | 1,202.32 |
| Reserves & Surplus | 762.71 | 988.86 | 777.32 |
| Total Borrowing | 3,692.18 | 3,295.18 | 3,761.47 |
United Heat Transfer Company & Offer Insights
About United Heat Transfer
United Heat Transfers Limited is incorporated in January 1995, which produces all the critical equipment in the form of heat exchangers, pressure vessels, and process flow skids. Its products are applied in petrol and diesel engines, maritime vessels, mining trucks, heavy machinery, etc.
The company has two manufacturing units located at Nashik. It has well-developed infrastructure, equipped with modern technology and machineries to enhance productivity and efficiency.
As of July 31, 2024, the Company employs approximately 105 employees at various levels on its payroll, and 127 employees on a contractual basis.
United Heat Transfer Promoter(s)
Mr. Yogesh Vishwanath Patil, Mr. Vivek Vishwanath Patil, Mr. Shatanik Vivek Patil, Ms. Durva Yogesh Patil are the company's promoters of United Heat Transfer.
United Heat Transfer IPO Issue Objectives
- •
- Repayment of Debt
- •
- To Meet Incremental Working Capital Requirements
- •
- General Corporate Purpose.
United Heat Transfer IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| United Heat Transfer Limited | 4.89 | 4.89 | 15.98 | 30.62 | N/A | 3.93 | Restated |
| Patel Airtemp India Limited | 26.86 | 26.86 | 260.91 | 25.87 | 10.33 | 2.67 | Published |
| The Anup Engineering Ltd | 52.2 | 52.85 | 531.08 | 34.89 | 19.38 | 3.43 | Published |
Notes:
- The EPS, NAV, RoNW, and total income of our Company are taken as per the Restated Financial Statement for the Financial Year 2023-24.
- NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2024.
- RoNW has been computed as net profit after tax divided by closing net worth.
- Net worth has been computed in the manner specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Contact Information
Contact Details
United Heat Transfer
+91 25323 82484
company.secretary@unitedheat.net
Plot No F-131, MIDC Area, Ambad, Nashik-422010
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
United Heat Transfer IPO is a book-built IPO worth ₹30 crore. The price band is ₹56–₹59 per share. The IPO opens on Oct 22, 2024 and closes on Oct 24, 2024. It will be listed on NSE. Link Intime India Private Ltd is the registrar.
The price band of United Heat Transfer IPO is ₹56 to ₹59 per share.
The lot size of United Heat Transfer IPO is 2000 shares.
The minimum investment for United Heat Transfer IPO is approximately ₹1,18,000 based on the upper price band.
United Heat Transfer IPO opens on Oct 22, 2024 and closes on Oct 24, 2024.
The allotment date of United Heat Transfer IPO is Oct 25, 2024.
United Heat Transfer IPO is expected to be listed on Oct 29, 2024 on NSE SME Platform.
United Heat Transfer IPO valuation snapshot: P/E 15.41, EPS ₹3.83/-, P/B 3.69, RoNW 8.46%, and market cap N/A.
To apply for United Heat Transfer IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of United Heat Transfer IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for United Heat Transfer IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check United Heat Transfer IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the United Heat Transfer IPO allotment status on IPO Ji for quick and easy access.