Uniparts India IPO

Uniparts India IPO

Closed RHP

Uniparts India IPO Details

  • Open Date 30-Nov-22
  • Close Date 02-Dec-22
  • Lot Size 25
  • IPO Size ₹ 835.61 Cr
  • IPO Price Range ₹ 548 to ₹577
  • Min Investment ₹ 13700
  • Listing Exchange BSE, NSE
  • Basis of Allotment 07-Dec-22
  • Refunds 08-Dec-22
  • Credit to Demat Account 09-Dec-22
  • Listing Date 12-Dec-22

Uniparts India IPO Subscription Status

Date QIB NII Retail TOTAL
30-Nov-22 0.00x 0.90x 0.77x 0.58x
1-Dec-22 0.97x 3.41x 2.01x 2.02x
2-Dec-22 67.14x 17.86x 4.63x 25.32x

Uniparts India IPO Synopsis

Uniparts India IPO worth Rs. 835.61 crores open on 30th November and closes on 2nd December. The issues consist entirely an Offer for Sale (OFS) of 14,481,942 crore equity shares by promoter group entities and existing investors. The price band is fixed at Rs. 548 - 577 per shares while the lot size is 25 shares per lot. The listing date is set for 12th December while the shares will be allotted on 7th December. 

The Karan Soni 2018 CG-NG Nevada Trust, The Meher Soni 2018 CG-NG Nevada Trust, Pamela Soni, and investors Ashoka Investment Holdings Ltd and Ambadevi Mauritius Holding Ltd are the promoter group entities that are offering shares in the OFS.
Axis Capital, DAM Capital Advisors and JM Financial are the book running lead managers to the issue.


Objective of Uniparts India IPO:

The objective of the issue is to carry out an OFS for the equity shares and achieve benefits of the stock exchanges. 

 

Uniparts IPO Video

About Uniparts India

Uniparts India is a global manufacturer of engineering systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining and aftermarket sectors on account of its presence across 25 countries.

The company's product portfolio includes precision products for off-highway vehicles (OHV) core product verticals of 3-point linkage systems (3PL) and precision machined parts (PMP) as well as adjacent product verticals of power take-off (PTO), fabrications and hydraulic cylinders or components thereof. 

The company has five manufacturing facilities in states including Punjab, Andhra Pradesh, Uttar Pradesh. In the United States, it has a manufacturing, warehousing and distribution facility at Eldridge, Iowa, and a warehousing and distribution facility at Augusta, Georgia. It also has set up a warehousing and distribution facility in Hennef, Germany, which serves as a base for serving its key European customers.
 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY21 FY20
Revenue 1227.4 903.1 907.2
EBITDA 271.7 163.9 127.8
PAT 166.9 93.1 62.6
Particulars (in Rs. Crores) FY22 FY21 FY20
Total Assets 1031.2 893.3 898.7
Share Capital 44.6 44.6 44.6
Total Borrowings 127.3 127.8 256.5
Particulars (in Rs. Crores) FY22 FY21 FY20
Net cash generated from / (used in) operating activities 84.9 152.8 130.5
Net cash from / (used in) investing activities -32.6 -15.7 -53.8
Net cash flow from / (used in) financing activities -49.3 -141.4 -76.9
Net increase (decrease) in cash and cash equivalents 3.0 -4.4 -0.3

Peer Comparison

Name of the Company Total Revenue Basic EPS Nav Rs. per share PE RoNW%
Uniparts India India Limited 1,231.04 37.74 151.82 NA 24.35%
Balkrishna Industries Limited 8,733.04 74.25 358.63 26.44 20.70%
Bharat Forge Limited 10,656.98 23.23 142.33 36.73 16.25%
Ramkrishna Forgings Limited 2,321.71 12.43 67.45 18.6 18.36%


Uniparts India IPO Key Points

  • Strengths

    •    Leading market presence in global off-highway vehicle systems and components segment
    •    Engineering driven, vertically integrated precision solutions provider
    •    Global business model optimizing cost-competitiveness and customer supply chain risks
    •    Long-term relationships with key global customers, including major original equipment manufacturers, resulting in a well-diversified revenue base
    •    Strategically located manufacturing and warehousing facilities that offer scale and flexibility

  • Risks

    •    Inability to accurately forecast demand for its products
    •    Availability and cost of raw materials and labour. 
    •    Cyclical effects in the global and domestic economy, specifically in the agriculture and CFM sectors. 
    •    Dependence on its subsidiaries, Uniparts India USA Limited and Uniparts India Olsen Inc. 
    •    Certain open bills in the Export Data Processing and Monitoring System of the RBI

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Uniparts India IPO FAQs

What is the minimum lot size and investment required for the Uniparts India IPO?

The Uniparts India IPO lot size is 25 shares per lot.  A retail-individual investor can apply for up to 13 lots (325 shares or ₹187,525)

What is the price band of the IPO?

The price band of the IPO is Rs. 548 – 577 per share

When does the Uniparts India issue open and close?

The Uniparts India issue opens on 30th November and closes on 2nd December. 

What is the size of Uniparts India IPO issue?

The IPO issue consists of an Offer for Sale (OFS) of 1.44 crore equity shares.

Who are the promoters/key personnels of Uniparts India?

Uniparts India is promoted by Gurdeep Soni and Paramjit Singh Soni are the company promoters.

What is the allotment date of Uniparts India IPO?

The allotment date of the Uniparts India IPO is 7th December

What is the Uniparts India IPO listing date?

The listing date for the issue is 12th December. 

Who are the book runners for Uniparts India IPO?

Axis Capital, DAM Capital Advisors and JM Financial are the book running lead managers to the issue.

What is the objective of the issue?

The objective of the issue is to carry out an OFS for the equity shares and achieve benefits of the stock exchanges. 

How to apply for the Uniparts India IPO?

To apply for the IPO, follow the steps given below
•    Login to your 5paisa account and select the issue in the current IPO section
•    Enter the number of lots and price at which you wish to apply for
•    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
•    You will receive a mandate notification to block funds in your UPI app

Contact Details of Uniparts India IPO

Contact Information

Uniparts India Limited

Gripwel House, Block – 5,
Sector C6 &7, VasantKunj
NewDelhi 110070
Phone: + 91 120 458 1400
Email: compliance.officer@unipartsgroup.com
Website: https://www.unipartsgroup.com/
 

Uniparts India IPO Register

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: uniparts.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Uniparts India IPO Lead Manager

Axis Bank Limited
DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
JM Financial Limited