United Heat Transfer Limited
Bookbuilding IPO · NSE
- Price band
- ₹56 - ₹59
- Lot size
- 2,000 shares
- Issue amount
- ₹30 cr
- Total subscription
- 83.91×
- Opens
- 22 Oct 2024
- Closes
- 24 Oct 2024
- Allotment
- 25 Oct 2024
- Listing
- 29 Oct 2024
Offer at a glance
Issue overview
- Issue size
- 50,84,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹30 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,18,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,39,20,000
- Shares after issue
- 1,90,04,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,18,000 |
| HNI | 2 | 4,000 | ₹2,36,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 14 |
| NIB | — | 6,021 |
| RETAIL | — | 83,907 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.75 | 152.64 |
| RETAIL | 9.98 | 990.1 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.74 | 4.89 | 1.66 |
| ROE | 8.46 | 30.62 | 14.96 |
| ROCE | 10.79 | 31.77 | 17.47 |
| RONW | 8.46 | 30.62 | 14.96 |
| PRE IPO(PE) | 13.16 | 0 | 0 |
| POST IPO(PE) | 15.41 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
United Heat Transfers Limited, incorporated in January 1995, manufactures critical thermal and process equipment including heat exchangers, pressure vessels, and process flow skids used across petrol and diesel engines, marine vessels, mining trucks, and heavy machinery. The company operates two advanced manufacturing facilities in Nashik and, as of July 31, 2024, employs 105 permanent staff supported by 127 contractual workers.
Strengths
- Global Presence: Wide customer base across continents reduces market dependence.
- Skilled Workforce: Experienced team supports efficient, high-quality production.
- Strong Compliance: Meets key industry standards, boosting trust and reliability.
Risk factors
- Customer Concentration: Heavy reliance on a few major clients increases the risk of revenue loss if any key customer reduces or ends business.
- Geographic Dependence: Operations concentrated in limited states make the company vulnerable to regional disruptions.
- Country-Specific Exposure: Dependence on a small set of international markets heightens sensitivity to economic or regulatory changes in those countries.
Promoters
Mr. Yogesh Vishwanath Patil
Mr. Vivek Vishwanath Patil
Mr. Shatanik Vivek Patil
Ms. Durva Yogesh Patil
Registrar & documents
Lead manager
Swastika Investmart Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No F-131, MIDC Area, Ambad, Nashik-422010
+91 25323 82484
[email protected]Company website ↗Understanding UHTL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.