United Heat Transfer Limited IPO
NSE SMEListed On: Oct 29, 2024 at ₹ 60.95
₹ 118000 /2000 Shares
Check Allotment22 Oct, 2024
Open Date24 Oct, 2024
Close Date25 Oct, 2024
Allotment Date29 Oct, 2024
Listing DateIssue Price
₹56-59 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdList Price
60.95Listing Date
2024-10-29Market Lot
2000 Shares (₹118,000/-)Lead Manager
Swastika Investmart LtdIssue Size
5,084,000 shares(aggregating up to ₹30.00 Cr)Retail Portion
35%Subscription
83.77 timesUnited Heat Transfer IPO Details
United Heat Transfer Limited IPO is an SME IPO, priced at ₹56-59 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 50,84,000 equity shares, aggregating up to ₹30 crores..
The IPO bidding window is open from Oct 22, 2024 to Oct 24, 2024. The allotment is expected to be finalized on Oct 25, 2024, and the tentative listing date is Oct 29, 2024.
The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,18,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,36,000.
Swastika Investmart Ltd is acting as the lead manager to the issue. The registrar of the IPO is Link Intime India Private Ltd, and Swastika Investmart Ltd will act as the market maker for this issue.
United Heat Transfer IPO Subscription Details
| 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
EPS Pre IPO
₹4.48/-EPS Post IPO
₹3.83/-P/E Pre IPO
13.16P/E Post IPO
15.41ROE
8.46%ROCE
10.79%Debt/Equity
1.12RoNW
8.46%PAT Margin
11.44Price to Book Value
3.69United Heat Transfer Company Financials All values are in ₹ Lakh
| 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 |
About The Company
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)
Pre Issue Share Holding: 91.59%
Post Issue Share Holding: 67.09%
- Mr. Yogesh Vishwanath Patil
- Mr. Vivek Vishwanath Patil
- Mr. Shatanik Vivek Patil
- Ms. Durva Yogesh Patil
United Heat Transfer IPO - Issue Objectives
- Repayment of Debt
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose.
Other Details
United Heat Transfer
Plot No F-131, MIDC Area, Ambad, Nashik-422010Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
United Heat Transfer IPO - FAQs
Ans. United Heat Transfer Limited IPO is a SME IPO. The issue is priced at ₹56-59 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Oct 22, 2024, and closes on Oct 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The United Heat Transfer Limited IPO opens on Oct 22, 2024 and closes on Oct 24, 2024.
Ans. The size of United Heat Transfer Limited IPO is 5,084,000 shares(aggregating up to ₹30.00 Cr).
Ans. The IPO price band is set between ₹56-59 per equity share.
Ans. To apply for United Heat Transfer Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find United Heat Transfer Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of United Heat Transfer Limited IPO is Oct 25, 2024.
Ans. The United Heat Transfer Limited IPO will be listed on Oct 29, 2024.
Ans. Follow the steps to check the allotment status for United Heat Transfer Limited IPO here.
