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United Heat Transfer IPO Date, Review, Price, Allotment Details
United Heat Transfer IPO is opening for subscription on October 22, 2024, and closing on October 24, 2024. This NSE SME IPO aims to raise ₹30.00 Crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the United Heat Transfer IPO is fixed at ₹56- ₹59 Per Share, with a market lot of 2000 shares.The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). United Heat Transfer IPO Allotment will done on October 25, 2024, and United Heat Transfer IPO listing date is October 29, 2024.
United Heat Transfer Company Profile
- Established: January 27, 1995
- Industry: Manufacturing of heat exchangers and pressure vessels
- Headquarters: Nashik, Maharashtra, India
United Heat Transfer Limited specializes in manufacturing heat exchangers, air-cooled heat exchangers, and pressure vessels. The company’s products serve critical equipment for various industries, including:
- Petrol and diesel engines
- Cargo ships and ferries
- Marine diesel engines
- Heavy-duty trucks and mining trucks
- Pleasure boats and megayachts
The company ensures availability of labor, water, and power supply, focusing on timely delivery, flexibility, and commitment to customer satisfaction. In FY 2024, the company reported total revenue of ₹6,019.31 lakhs, with ₹532.04 lakhs from exports and ₹5,487.27 lakhs from domestic sales.
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United Heat Transfer IPO Objectives
The funds raised through the IPO will be utilized for:
- Repayment of debt
- To meet incremental working capital requirements
- General corporate purposes
United Heat Transfer IPO Key Details
- United Heat Transfer IPO Open Date: October 22, 2024
- United Heat Transfer IPO Close Date: October 24, 2024
- United Heat Transfer IPO Size: Approximately ₹30.00 Crores, Equity Shares
- Face Value: ₹10 Per Equity Share
- United Heat Transfer IPO Price Band: ₹56- ₹59 Per Equity Share
- United Heat Transfer IPO Listing on: NSE SME IPO
- Retail Quota: 35% of the net offer
- QIB Quota: 50% of the net offer
- HNI Quota: 15% of the net offer
United Heat Transfer IPO Market Lot
- Retail Minimum: Lot Size: 1, Shares: 2,000, Amount: ₹118,000
- Retail Maximum: Lot Size: 1, Shares: 2,000, Amount: ₹118,000
- S-HNI Minimum: Lot Size: 2, Shares: 4,000, Amount: ₹236,000
United Heat Transfer IPO Timeline
- United Heat Transfer IPO Open Date: October 22, 2024
- United Heat Transfer IPO Close Date: October 24, 2024
- Basis of Allotment: October 25, 2024
- Refunds: October 28, 2024
- Credit to Demat Account: October 28, 2024
- United Heat Transfer IPO Listing Date: October 29, 2024
How to Apply for United Heat Transfer IPO
Investors can apply for the United Heat Transfer IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.
United Heat Transfer Financial Performance (in Crores)
- Year 2022: Revenue: ₹47.96 Cr, Expense: ₹45.66 Cr, Profit After Tax: ₹1.53 Cr, Assets: ₹62.62 Cr
- Year 2023: Revenue: ₹70.40 Cr, Expense: ₹67.58 Cr, Profit After Tax: ₹2.12 Cr, Assets: ₹64.82 Cr
- Year 2024: Revenue: ₹64.10 Cr, Expense: ₹56.24 Cr, Profit After Tax: ₹6.24 Cr, Assets: ₹70.47 Cr
- July 2024: Revenue: ₹21.20 Cr, Expense: ₹18.01 Cr, Profit After Tax: ₹2.43 Cr, Assets: ₹72.30 Cr
United Heat Transfer Valuation FY2024
- Return on Equity (ROE): 30.62%
- Return on Capital Employed (ROCE): 31.77%
- EBITDA Margin: 16.60%
- Profit After Tax (PAT) Margin: 10.36%
- Debt to Equity Ratio: 1.81
- Earnings Per Share (EPS): ₹4.89 (Basic)
- Net Asset Value (NAV): ₹15.98
United Heat Transfer Peer Group
- Patel Airtemp India Limited: EPS: ₹26.86, P/E Ratio: 25.87, RoNW: 10.33%, NAV: ₹260.91, Income: ₹14.74 Cr
- The Anup Engineering Limited: EPS: ₹52.20, P/E Ratio: 34.89, RoNW: 19.38%, NAV: ₹531.08, Income: ₹102.40 Cr
United Heat Transfer Company Promoters
- Mr. Yogesh Vishwanath Patil
- Mr. Vivek Vishwanath Patil
- Mr. Shatanik Vivek Patil
- Ms. Durva Yogesh Patil
United Heat Transfer IPO Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: merchantbanking@swastika.co.in
United Heat Transfer IPO Allotment Status Check
- Check the United Heat Transfer IPO allotment status on the Link Intime Indiawebsite.
United Heat Transfer IPO Allotment Link
- Check the United Heat Transfer IPO allotment on the Check Ipo Allotment website.
United Heat Transfer IPO Lead Managers (Merchant Bankers)
- Swastika Investmart Ltd
United Heat Transfer Company Address
Plot No F-131 MIDC Area Ambad
Nashik,Maharashtra-422010 India
Website: https://unitedheat.net/
Phone: +91 25323 82484
Email: company.secretary@unitedheat.net
United Heat Transfer IPO FAQs
What is United Heat Transfer IPO?
United Heat Transfer IPO is an NSE SME IPO. They are going to raise ₹30.00 Crores via IPO. The issue is priced at ₹56- ₹59 Per equity share. The IPO is to be listed on NSE.
When will the United Heat Transfer IPO open?
The IPO is to open on October 22, 2024, for NII, and Retail Investors.
What is United Heat Transfer IPO Investors Portion?
The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.
How to Apply for the United Heat Transfer IPO?
You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply Gala Precision Engineering IPO through M-Stock?
For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.
How to Apply the United Heat Transfer IPO through Alice Blue?
Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.
How to Apply for the United Heat Transfer IPO through Motilal Oswal?
Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.
What is United Heat Transfer IPO Size?
United Heat Transfer IPO size is ₹30.00 Crores.
What is United Heat Transfer IPO Price Band?
United Heat Transfer IPO Price Band is ₹56- ₹59 Per equity share.
What is United Heat Transfer IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 shares with ₹118,000.
What is United Heat Transfer IPO Allotment Date?
United Heat Transfer IPO allotment date is October 25, 2024.
What is United Heat Transfer IPO Listing Date?
United Heat Transfer IPO listing date is October 29, 2024. The IPO to list on NSE SME IPO.
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