United Heat Transfer Ltd
Price Range
₹56 - ₹59
Min. Quantity
2,000
Closes on
24 October 2024
Min. investment
₹1,18,000/2,000 Shares
United Heat Transfer Ltd IPO Timeline
United Heat Transfer Limited was originally incorporated as United Heat Transfers Private Limited, on January 27th, 1995 vide Certificate of Incorporation issued by the Registrar of Companies, Mumbai, Maharashtra. The name of the Company was changed to United Heat Transfer Private Limited dated November 13th, 2009 vide Certificate from name change issued by the Registrar of Companies, Mumbai, Maharashtra. Subsequently, Company got converted into a Public Limited Company and the name of Company was changed from 'United Heat Transfer Private Limited' to 'United Heat Transfer Limited'. and fresh Certificate of Incorporation was issued on June 12th, 2024 by the Registrar of Companies, Mumbai, Maharashtra.
| Event | Date |
|---|---|
| United Heat Transfer Ltd IPO Opening Date | 22 October 2024 |
| United Heat Transfer Ltd IPO Closing Date | 24 October 2024 |
| Basis of Allotment | 25 October 2024 |
| Initiation of Refunds | 28 October 2024 |
| Credit of Shares to Demat | 28 October 2024 |
| United Heat Transfer Ltd IPO Listing Date | 29 October 2024 |
United Heat Transfer Ltd IPO Details
| United Heat Transfer Ltd IPO Date | 22 October 2024 to 24 October 2024 |
| United Heat Transfer Ltd IPO Face Value | ₹10 per share |
| United Heat Transfer Ltd IPO Price | ₹56 to ₹59 per share |
| United Heat Transfer Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Yogesh Vishwanath Patil, Vivek Vishwanath Patil, Durva Yogesh Patil |
United Heat Transfer Ltd IPO Lot Size
The United Heat Transfer Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,18,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,18,000 |
| Maximum | 1 | 2,000 | ₹1,18,000 |
- Strengths
- Risks
- Opportunities
- Well Experienced Management Team.
- Integrated Manufacturing Facilities.
- Vendor Registrations.
- Long Standing Relation with Customers.
- Strategic Location of Unit.
Company Financials
United Heat Transfer Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 70.47 | 64.1 | 6.24 |
| 03-2023 | 64.82 | 70.4 | 2.12 |
| 03-2022 | 62.62 | 47.96 | 1.53 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of Debt
- To meet incremental working capital requirements
- General corporate purposes
United Heat Transfer Ltd IPO Promoter Holding
| Pre Issue Share Holding | 39.01% |
| Post Issue Share Holding | 28.57% |
United Heat Transfer Ltd IPO Subscription Status (Bidding Detail)
The United Heat Transfer Ltd IPO is subscribed 78.0208 times on 24 October 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 78.0208 |
United Heat Transfer Ltd IPO Prospectus
United Heat Transfer Ltd IPO Listing Date
| Listing Date | 29 October 2024 |
| BSE Script | 83048 |
| NSE Symbol | UHTL |
| Listing In | NSE - SME |
| ISIN | INE0SMR01011 |
| IPO Price | ₹59 |
| Face Value | ₹10 |
Company Contact Information
Plot No.F-130/131, MIDC Area,Ambad,Nashik-422010
Phone: +91-25323 82484/5051
Email: company.secretary@unitedheat.net
Website: www.unitedheat.net
United Heat Transfer Ltd IPO Registrar
United Heat Transfer Ltd IPO Lead Manager(s)
- Swastika Investmart Ltd
FAQ
What is the issue size of United Heat Transfer Ltd IPO?
I have pre-applied for United Heat Transfer Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.