Nashik-based United Heat Transfer IPO is a Book Built Issue. This is a NSE SME IPO which is open for subscription on 22 October, 2024 and will close on 24 October, 2024. The price band of the IPO is ₹56 to ₹59 per share.
The total IPO Size is ₹30.00 crore in which fresh issue of ₹30.00 crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for United Heat Transfer IPO for minimum lot size is 2,000 shares for the retail investors, aggregating to an investment of ₹118,000.
This IPO is to be list on NSE SME platform on 29 October, 2024, and allotment date is on 25 October, 2024 which check United Heat Transfer IPO allotment status on Link Intime India Private Ltd is the registrar for this offering.
The book-running lead managers of this IPO is Swastika Investmart Ltd.For more information check United Heat Transfer IPO DRHP and RHP details.
United Heat Transfer IPO Details
IPO Issue Open Date:
22 October 2024
IPO Issue Close Date:
24 October 2024
IPO Issue Price Band:
₹56 to ₹59 Per Share
Face Value:
₹10 Per Equity Share
IPO Issue Size:
₹30.00 Crores | 5,084,000 shares
Fresh Issue:
₹30.00 Crores | 5,084,000 shares
Offer for Sale:
₹[.] Crores
Issue Type:
Book Built Issue
IPO Listing At:
NSESME
IPO Retail Quota:
Not more than 35%
QIB Quota:
Not more than 50%
NII Quota:
Not more than 15%
Employee Discount:
₹[.] per share
United Heat Transfer IPO Prospectus:
Checkout the United Heat Transfer IPO Prospectus of DRHP and RHP file.
Get the tentative dates and schedule for latest IPO United Heat Transfer IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:
22 October 2024
Issue Close Date:
24 October 2024
Basis of Allotment Date:
25 October 2024
Refunds Initiation:
28 October 2024
Shares Credit in Demat:
28 October 2024
IPO Listing Date Detail:
29 October 2024
United Heat Transfer IPO Market Lot
You can bid for a minimum of 2000 shares and maximum 4000 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
Application
Lot Size, Shares and Price Details
Retail (Min)
1 lots and 2000 shares = ₹118,000
Retail (Max)
1 lots and 2000 shares = ₹118,000
HNI (Min)
2 lots and 4000 shares = ₹236,000
B-HNI Minimum
–
United Heat Transfer IPO GMP*
GMP Date
GMP Today
Subject to Sauda
Kostak
Expected Gain
Today
₹15
₹-
₹-
25%
25th Oct
₹25
₹40,000
₹-
42%
24th Oct
₹30
₹45,000
₹-
50%
23th Oct
₹10
₹15,000
₹-
17%
22th Oct
₹10
₹15,000
₹-
17%
21th Oct
₹7
₹10,000
₹-
12%
18th Oct
₹-
₹-
₹-
₹-
17th Oct
₹-
₹-
₹-
₹-
About United Heat Transfer
United Heat Transfer Company is engaged in the manufacture of a range of shell and tube heat exchangers, air-cooled heat exchangers, pressure vessels, and process flow skids equipment which are used as critical equipment for petrol and diesel engines, railway engines, maritime engines, cruise and cargo ships, ferries, pleasure boats, marine diesel, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, supertankers, off-highway engines etc. since 1995. Their company extends its expertise with the growing national and multinational OEM industry for Heat Exchangers, Moisture Separators Pressure Vessels, and Process Flow Skids. They manufacture heat transfer equipment as per the TEMA (Tubular Exchanger Manufacturers Association) standards, ASME Section VIII Div.
United Heat Transfer IPO Strengths
Well Experienced Management Team.
Integrated Manufacturing Facilities.
Vendor Registrations.
Long Standing Relation with Customers.
Strategic Location of Unit.
Objects of the IPO Issue
Repayment of Debt;
To Meet Incremental Working Capital Requirements;
General Corporate Purpose.
United Heat Transfer Company Financial Report
The company reported revenue of ₹64.10 crores in 2024 against ₹70.40 crores in 2023. The company reported a profit of ₹6.24 crores in 2024 against a loss of ₹2.12 crores in 2023.
Period Ended
Revenue
Expense
Profit After Tax
Assets
2022
₹47.96
₹45.66
₹1.53
₹62.62
2023
₹70.40
₹67.58
₹2.12
₹64.82
2024
₹64.10
₹56.24
₹6.24
₹70.47
July 2024
₹21.20
₹18.01
₹2.43
₹72.30
United Heat Transfer IPO Valuation – Key Performance Indicator
Check United Heat Transfer IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI
Values
ROE:
30.62%
ROCE:
31.77%
EBITDA Margin:
16.60%
PAT Margin:
10.36%
Debt to equity ratio:
1.81
Earning Per Share (EPS):
₹4.89 (Basic)
Price/Earning P/E Ratio:
N/A
Return on Net Worth (RoNW):
30.62%
Net Asset Value (NAV):
₹15.98
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
Company
EPS
PE Ratio
RoNW %
NAV
Income
Patel Airtemp India Limited
26.86
25.87
10.33%
260.91
14.74 Cr.
The Anup Engineering Limited
52.20
34.89
19.38
531.08
102.40 Cr.
United Heat Transfer IPO Registrar
Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: merchantbanking@swastika.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html
United Heat Transfer IPO Lead Manager
Swastika Investmart Ltd
United Heat Transfer IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd to get allotment status.
Promoters of United Heat Transfer
Mr. Yogesh Vishwanath Patil
Mr. Vivek Vishwanath Patil
Mr. Shatanik Vivek Patil
Ms. Durva Yogesh Patil.
Company Address
United Heat Transfer Limited Plot No F-131, MIDC Area Ambad, Nashik-422010 Phone: +91 25323 82484 Email: company.secretary@unitedheat.net Website: https://unitedheat.net/
United Heat Transfer IPO FAQs
What is United Heat Transfer IPO Detail?
United Heat Transfer IPO is a main-board IPO. The company is going to raise ₹30.00 Crores via IPO. The issue is priced at ₹56 to ₹59 pr equity share. The IPO is to be listed on NSE.
How to Apply United Heat Transfer IPO Online?
You can apply for United Heat Transfer IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.
When United Heat Transfer IPO will open?
The IPO is to open on 22 October 2024 for QIB, NII, and Retail Investors. The IPO will close on 24 October 2024.
What is United Heat Transfer IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is United Heat Transfer IPO Size?
United Heat Transfer issue size is ₹30.00 crores.
What is United Heat Transfer IPO Price Band?
United Heat Transfer IPO Price Band is ₹56 to ₹59.
What is the Lot Size of United Heat Transfer IPO?
The United Heat Transfer IPO minimum bid size is2000 Shares with ₹118,000 amount.
What is the United Heat Transfer IPO Allotment Date?
United Heat Transfer IPO allotment date is 25 October, 2024.
What is the United Heat Transfer IPO Listing Date?
United Heat Transfer IPO listing date is 29 October, 2024. The IPO is to list on NSE.
