Uniparts India IPO: Subscription to end today; check price band, allotment date and listing date and time
The Rs 836-crore IPO received bids for 2,04,29,925 shares against 1,01,37,360 shares on offer, according to NSE data.
The Initial Public Offer (IPO) of engineering systems and solutions provider Uniparts India was subscribed 2 times on the second day of subscription on Thursday. The subscription window will close today.
The Rs 836-crore IPO received bids for 2,04,29,925 shares against 1,01,37,360 shares on offer, according to NSE data.
The category for non-institutional investors was subscribed 3.41 times, the portion for Retail Individual Investors (RIIs) got 2 times subscription and the quota for Qualified Institutional Buyers (QIBs) attracted 97 per cent subscription.
The IPO is of up to 1,44,81,942 equity shares and has a price range of Rs 548-577 a share.
Uniparts India IPO Allotment Date
Uniparts India IPO allotment will be finalised on December 7. Link Intime India Private Ltd is the registrar for the IPO. Uniparts India IPO subscription status will be released on the official website of Link Intime India.
Uniparts India IPO Listing Date and Time on NSE, BSE
What is Capital Gains Tax? Types and Exemptions - Explained
Shares of Uniparts India will list on NSE and BSE. The listing will take place on December 12 at 10 AM.
On Tuesday, Uniparts India said it has raised Rs 251 crore from anchor investors.
Since the IPO is entirely an Offer for Sale (OFS), the company will not receive any proceeds from the public issue.
Uniparts India is a global manufacturer of engineered 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 over 25 countries.
Axis Capital Limited, DAM Capital Advisors Limited and JM Financial are the managers to the offer.
(With PTI Inputs)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
08:48 AM IST