Uniparts India IPO: All you require to understand about the problem By, ETMarkets.comLast Updated: Nov 28, 2022, 02: 19 PM IST Synopsis The IPO of Uniparts India will close for membership on Friday, December 2. ETMarkets.comNEW DELHI: The Rs 836 crore going public (IPO) of Uniparts India is all set to strike the main market on Wednesday, November30 Here are crucial things you ought to learn about the problem. When will Uniparts India IPO open for membership? Uniparts India IPO will open for membership on Wednesday, November30 When will the IPO of Uniparts India close for membership? The IPO of Uniparts India will close for membership on Friday, December 2. What is the cost band of Uniparts India IPO? The rate band for Uniparts India IPO has actually been repaired at Rs 548-577 per share. What is the concern size of Uniparts India IPO? The concern is totally a market (OFS) of as much as 1,44,81,942 equity show a stated value of Rs 10 each totaling up to Rs 836 crore by promoters and existing investors. Who are the investors taking part in OFS of Uniparts India IPO? Promoters Karan Soni 2018 CG-NG Nevada Trust, Meher Soni 2018 CG-NG Nevada Trust, Pamela Soni, Ashoka Investment Holdings and Ambadevi Mauritius Holding and Pamela Soni will be providing shares in the OFS.Andrew Warren Code, James Norma Hallene, Kevin John Code, Dennis Francis DeDecker and Melvin Keith Gibbs are other investors unloading the stake. What will the business finish with net earnings from the concern? The business will not get any profits from the problem as the whole profits will be going to the offering investors, thinking about the nature of the problem being an OFS. What is the lot size for Uniparts India IPO? Investors can sign up for the Uniparts India IPO by banking on a great deal of 25 shares or in multiples thereof. At the upper variety of the rate band, one great deal of the IPO deserves Rs 14,425 A retail bidder can bid for 13 lots or 325 shares at optimum. What is business profile of Uniparts India? Incorporated in 1994, Uniparts India is a producer of crafted systems and options. It is a concept-to-supply gamer for accuracy items for off-highway lorries. What does Uniparts India do? It is among the leading providers of systems and elements for the off-highway market in the farming and building, forestry and mining and aftermarket sectors with an existence throughout over 25 countries.The business has 5 production centers, 2 at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and 2 at Noida, Uttar Pradesh. It likewise has a production, warehousing and circulation center at Eldridge (United States). How did Uniparts India carry out in the in 2015? For the year ended March 31, 2022, the business reported a net revenue of Rs 166.89 crore with an overall income of Rs 1,23104 crore, which stood at Rs 93.15 crore and Rs 947.69 crore, respectively in the previous fiscal.For the duration ended on June 30, 2022, it clocked a bottomline of Rs 50.52 crore with an overall income inching to Rs 347.76 crore. What is the quota scheduled for retail financiers in Uniparts India IPO? The quota for retail financiers in Uniparts India IPO is repaired at 35% of the net deal. Certified institutional purchasers’ quota is repaired at 50% while for NII the quota is booked at 15%. When will the basis of allocation be completed for Uniparts India’s IPO? The completion of the basis of allocation is most likely by December 7 and the initialisation of refunds is most likely by December 8. Credit of shares in the demat account is most likely by December 9. On what date will Uniparts India shares list? Uniparts India is anticipated to make its market launching on December 12 (Monday). (What’s moving Sensex and Nifty Track most current market news, stock suggestions and professional guidance on ETMarkets. ETMarkets.com is now on Telegram. For fastest news informs on monetary markets, financial investment methods and stocks informs, register for our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News. … moreless
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