The initial public offering (IPO) of engineering systems and solutions provider Uniparts India has been subscribed for 23 times so far on the last day of subscriptions on Friday. This issue opens for general subscription on Wednesday and ends on December 2, 2022.
The initial public offering (IPO) of engineering systems and solutions provider Uniparts India has been subscribed for 23 times so far on the last day of subscriptions on Friday. This issue opens for general subscription on Wednesday and ends on December 2, 2022.
As of 3:40 p.m. on the last day, BSE data shows that the stock has been subscribed to 23 times overall, with the Retail Investor category booked at 4.22x, NIIs at 17.3x and QIBs at 66.8x. .
As of 3:40 p.m. on the last day, BSE data shows that the stock has been subscribed to 23 times overall, with the Retail Investor category booked at 4.22x, NIIs at 17.3x and QIBs at 66.8x. .
The price range is ¥548-577 shares.raised by the company ¥$251 million from anchor investors prior to first stock sale.
The price range is ¥548-577 shares.raised by the company ¥$251 million from anchor investors prior to first stock sale.
Uniparts India shares are available at a premium (GMP), according to market observers ¥45 on the gray market today. The company’s shares will be listed on the stock exchanges BSE and NSE on Monday, December 12, 2022.
Uniparts India shares are available at a premium (GMP), according to market observers ¥45 on the gray market today. The company’s shares will be listed on the stock exchanges BSE and NSE on Monday, December 12, 2022.
Uniparts India’s IPO is an offering (OFS) of 14,481,942 shares by Promoter Group entities and existing investors. As it is fully OFS, the company does not receive any revenue from the public issuance.
Uniparts India’s IPO is an offering (OFS) of 14,481,942 shares by Promoter Group entities and existing investors. As it is fully OFS, the company does not receive any revenue from the public issuance.
Uniparts India is a global manufacturer of engineering systems and solutions. With a presence in over 25 countries, the company is one of the leading suppliers of systems and components for off-highway markets in the agriculture, construction, forestry, mining and aftermarket sectors.
Uniparts India is a global manufacturer of engineering systems and solutions. With a presence in over 25 countries, the company is one of the leading suppliers of systems and components for off-highway markets in the agriculture, construction, forestry, mining and aftermarket sectors.
Uniparts had an estimated 16.68% market share in the global 3PL market in FY22 and an estimated 5.92% market share in the global PMP market in the CFM sector in FY22.
Uniparts had an estimated 16.68% market share in the global 3PL market in FY22 and an estimated 5.92% market share in the global PMP market in the CFM sector in FY22.
“There are no competitors with a similar product profile and business model to UIL. The above peers are considered only for benchmarking the requested ratings. It claims a multiple (for 2022 sales), which appears to be in line with its peers’ average.Nevertheless, UIL has outperformed its peers’ average in profitability and profitability. However, given the global policy tailwinds, we believe the company has the right tools in place to expand its business at a higher rate. We assign it,” said Choice Broking.
“There are no competitors with a similar product profile and business model to UIL. The above peers are considered only for benchmarking the requested ratings. It claims a multiple (for 2022 sales), which appears to be in line with its peers’ average.Nevertheless, UIL has outperformed its peers’ average in profitability and profitability. However, given the global policy tailwinds, we believe the company has the right tools in place to expand its business at a higher rate. We assign it,” said Choice Broking.
The views and recommendations above are those of the individual analyst or brokerage firm and not those of Mint.
The views and recommendations above are those of the individual analyst or brokerage firm and not those of Mint.
