Uniparts India Limited initiated its business operations in 1994. The company manufactures engineered systems and solutions. Its presence is spread across 25 countries. The company has 5 manufacturing facilities in India. Two of them are located near Punjab, one is located in Visakhapatnam and the last 2 are located in Uttar Pradesh. It has a manufacturing, warehousing and distributing facility in Eldrige, Iowa. It also has a warehousing and distribution facility in Augusta, Georgia.
IPO DETAILS
Uniparts India Limited IPO is set to launch on Nov., 2022. The subscription timeline extends till Nov., 2022. The size for the IPO is Crore Rs.. Shares issued through Offer For Sale are worth Crore Rs. Shares issued through Fresh Issue mode are worth Rs.. The lot size is shares and the price range is Rs. – Rs./ share. The company is going to get listed at both the exchanges NSE and BSE. The face value per share is Rs. 10 and this is a book built issue. The registrar for the company is Link Intime India Private Limited.
TABULAR REPRESENTATION OF IPO DETAILS
| IPO OPENING DATE | Nov., 2022 |
| CLOSING DATE FOR IPO | Nov., 2022 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | Rs. – Rs. |
| LOT SIZE | shares |
| MINIMUM ORDER QUANTITY | shares |
| ISSUE SIZE | Crore Rs. |
| OFFER FOR SALE | Crore Rs. |
| FRESH ISSUE | Crore Rs. |
| LISTING AT | NSE, BSE |
| LISTING DATE | Nov., 2022 |
IMPORTANT DATES
| IPO OPENING DATE | Nov., 2022 |
| CLOSING DATE FOR IPO | Nov., 2022 |
| IPO ALLOTMENT DATE | Nov., 2022 |
| REFUNDS | Nov., 2022 |
| DEMAT A/C CREDITED ON | Nov., 2022 |
| IPO LISTING DATE | Nov., 2022 |
Uniparts India Limited IPO begins for subscription from Nov., 2022. The IPO subscription would continue till Nov, 2022. The allotment status for the shareholders who applied would come on Nov., 2022. The refunds for the ones who did not get allotment would be initiated on Nov., 2022. The DEMAT accounts of shareholders would be credited on Nov., 2022. The listing of the company would be accompanied on Nov., 2022.
Lead Managers
The lead managers are :
- JM Financial Limited
- Axis Bank Limited
- DAM Capital Advisors Limited
The minimum lot size for the company is decided at shares. This holding accounts to Rs.. The maximum lot size is decided at shares. This amounts to Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | shares | Rs. |
| Maximum | shares | Rs. |
OBJECTIVES FOR THE IPO
- No proceeds to be received by the company as the selling shareholders will receive all the money from their stake sale
COMPANY FINANCIALS
| Particularly (in Crore Rs.) | 2020-21 | 2019-20 | 2018-19 |
| ASSETS | 893 | 898 | 958 |
| Revenue | 947 | 938 | 1062 |
| PAT | 92 | 62 | 69 |
The company has a mixed quality of financials. The assets of the company are 958 Crore Rs in 2019 which decreased to 898 Crore Rs in 2020. Also in 2021 the company’s assets went further down to 893 Crore Rs. The revenue generation of the company is 1062 Crore Rs in 2019. This went down to 938 Crore Rs in 2020 and further went down to 947 Crore Rs in 2021.
However the assets and revenue of the company are decreasing constantly every year, the profits are behaving in a reverse direction. The profits were 69 Crore Rs in 2019 which decreased to 62 Crore Rs in 2020. However for the year 2021 the profits boosted to 92 Crore Rs. Thus the profits increased from 62 Crore Rs to 93 Crore Rs which is a jump of more than 30 Crore Rs. This means that the company’s profits jumped by almost 50% in the 2021 year. This gives a strong bounce back on the margin expansion as the company is still invested less in the assets than it did in 2019. On the other hand it is generating more in profits than it did in 2019.
PROS
- Uniparts India Limited’s presence is spread across 25 countries.
- The company has 5 manufacturing facilities in India. Two of them are located near Punjab, one is located in Visakhapatnam and the last 2 are located in Uttar Pradesh.
- Uniparts India Limited has a manufacturing, warehousing and distributing facility in Eldrige, Iowa. It also has a warehousing and distribution facility in Augusta, Georgia.
CONS
- The company works in a competitive segment.
Uniparts India Limited IPO APPLICATION PROCESS WITH ZERODHA
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform.
- Clicking the IPO link present in the Portfolio section.
- Click the Uniparts India Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
