United Heat Transfer Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,408,000 (47%) | — | ₹1,421 Cr |
| NII (HNI) | — | 728,000 (14%) | — | ₹430 Cr |
| Retail | — | 1,692,000 (33%) | — | ₹998 Cr |
| Market Maker | — | 256,000 (5%) | — | ₹15 Cr |
| Σ Total | — | 5,084,000 (100%) | — | ₹29,996 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,652,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,906,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 2,120 | 6,410 | 7,040 |
| Profit After Tax | 243 | 624 | 212 |
| Net Worth | 2,865 | 2,038 | 1,414 |
| Total Assets | 7,230 | 7,047 | 6,482 |
| Reserves & Surplus | 1,473 | 763 | 989 |
| Total Borrowing | 3,202 | 3,692 | 3,295 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment of Debt; –
- To Meet Incremental Working Capital Requirements; –
- General Corporate Purpose. –
Company Overview
Incorporated in January 1995, United Heat Transfers Limited manufactures essential equipment such as heat exchangers, pressure vessels, and process flow skids. The company's products are used in petrol and diesel engines, maritime vessels, mining trucks, and heavy machinery, among other applications.
The company operates two manufacturing units in Nashik, equipped with modern infrastructure, including advanced technology and machinery that enhance productivity and efficiency.
As of July 31, 2024, the Company employs approximately 105 employees at various levels on its payroll, and 127 employees on a contractual basis.
Competitive Strength
- A diverse customer base across various continents enhances our global presence, minimizing reliance on any single market.
- Knowledgeable and skilled team to ensure efficient production and delivery of products.
- Meeting Industry Standards to ensure high quality and reliability for its customers
- Strategic distribution channels and location enhance customer convenience and accessibility, boosting the company's reach and sales potential.