On November 30, 2022, the Indian stock market will officially launch the Initial Public Offering (IPO) of Uniparts India Ltd. With this initial public offering, Uniparts hopes to raise $835.61 crores in the capital. You can apply to this initial public offering (IPO) between November 30 and December 2 with a price range of Rs 548–577. The Uniparts India IPO GMP is currently at 80. We’ll discuss the Uniparts IPO’s financials, listing date, and other specifics in this article.
Uniparts India IPO GMP
The Uniparts India IPO GMP price per share ranges from 548 to 577 Indian rupees, and the minimum lot size is 25 shares. A share of stock is worth ten rupees nominally. Beginning on Wednesday, November 30th, and running through December 2nd, the Uniparts India IPO GMP will accept general public subscriptions. This offering won’t include the issuance of any new shares; instead, it will be made up of OFS by the company’s current owners and promoters.
|Opening date||30 November|
|Closing date||2 December|
|IPO amount||853.51 crores|
|Price range||₹548 to ₹577|
|Allotment Date||December 7|
|Refunds date||December 8|
|Shares crediting date||December 9|
|Listing date||December 12 (Expected)|
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Uniparts India IPO Price
The price range for this initial public offering would be between Rs 548 and Rs 577, and there will be 25 shares in each lot. There will be 577 total shares available for purchase. The 29th of November has been set aside for the opening of the anchor book for the IPO. The IPO share allotment should end by December 9th, and the investors’ Demat accounts should have the shares credited by December 8th.
On December 12th, shares of Uniparts India will make their public market debut. The only offering for sale (OFS) made by the company’s current promoters and shareholders is 1.44 crore shares as part of Uniparts India’s first public offering (IPO).
Uniparts India IPO GMP Value
Six production facilities and four warehouses are used by Uniparts, which has locations across India, Europe, and the United States. They are currently doing business in 25 different countries. The company reported 304 crores in revenue in 2022, an increase from 199 crores in sales the year before. The IPO’s price per equity share will range from 548 to 577 Rs. The NSE and the BSE will both list Uniparts India’s initial public offering.
Uniparts India IPO GMP Status
Under the New Issue, equity shares will be distributed, and under the Offer for Sale, the OFS Stocks of the Promoter Selling Shareholders will be transferred to the winning Bidders. The conditions and specifications of the Offer for Sale apply to each of these occurrences. The allocation’s actual status, however, is not currently known to the general public.
Uniparts India IPO GMP Lot Size
The minimum and maximum lot sizes for the Uniparts India IPO GMP are 25 and 325 shares, respectively, with an application amount of 14,425 and 187,525 rupees.
Here, we have included all of its technical and financial information that may be necessary for you to decide whether to apply for Uniparts IPO.
This information will help you learn more about the Uniparts India Limited IPO, along with our succinct explanation.
Investors are enthusiastic about the Uniparts India IPO, as evidenced by the stock’s current 80 GMP, according to an assessment. However, there is something that may worry some investors. This issue with the Uniparts group’s initial public offering is not brand-new.
The current promoters and stockholders are instead selling their shares on the stock market. Now, this might hurt many investors because it’s not a good indicator when promoters sell off their stock. However, the business has a positive financial picture and is a pioneer in its field.
How to apply for Uniparts India IPO GMP?
1 Simply having a Demat account and the investment amount is all that is required to apply for Uniparts or any other IPO.
2 Setting up a trading account on your iPhone or Android smartphone using Paytm Money is straightforward.
3 Open a Demat account and begin investing right away by downloading the app and following the on-screen directions.
Frequently asked questions
The IPO Kostak Rate for Uniparts India is currently 400.
The Uniparts India IPO, Subject to Sauda, is currently priced at 1500.
25% returns are anticipated from the Uniparts India IPO.
Starting on November 30, 2022, QIB, NII, and retail investors will have access to the IPO.