Uniparts India IPO

Uniparts India is a major producer of engineered systems and solutions, as well as one of the top suppliers of systems and components for the off-highway industry in the agricultural and construction, forestry and mining, and maintenance sectors, since of their presence in over 25 countries (Source: CRISIL Report). Uniparts India IPO will hit the stock market in 30 November 2022.

About Uniparts India

With a footprint throughout the value chain, they are a concept-to-supply player for precise products for off-highway vehicles. Their product range comprises core verticals such as 3-point linkage systems and precision machined parts, and also neighbouring verticals such as power takeoff, fabrications, and hydraulic cylinders or components thereof.

Since they serve some of the world’s largest corporations, we have a strong international presence in the production of 3PL & PMP products (Source: CRISIL Report).

The majority of their products are structural and load-bearing equipment parts that must adhere to tight tolerances, standards, and process controls.

The manufacturing of these goods involves a variety of precise engineering process processes. In the global 3PL market, we held an estimated 14.45 percent market share*.

Production & Supply

From product conception, development, and validation to implementation and manufacture, they provide fully integrated engineering solutions. Obtaining market intelligence, determining consumer requirements, and devising personalised strategies for particular customers are all part of the conceptualization step.

Product design, material acquisition, and processing are all part of the development phase. The validation phase follows, which includes prototype, testing, and feasibility analysis.

Forging, machining, fabrications, heat treatment, surface finish, logistics, quality and testing, design and validation are among their in-house manufacturing and implementation capabilities.

Their products gain indirect access to a vast range of retail locations for aftermarket components across regions by servicing our aftermarket sector clients. They focus on the ‘will-fit’ parts area in the aftermarket, which they sell to distributors.

Global Footprints

They had a global footprint as of December 31, 2021, serving customers in North and South America, Europe, Asia, and Australia, including India.

Their worldwide business model, which is built on the dual-shore integrated manufacturing, warehousing, and supply chain management systems and technologies, predominantly serves OHV players, such as OEMs and aftermarket retail store networks.

Since they can serve multiple delivery sites as well as provide multiple delivery opportunities with flexible lead times and costs, thir global business model has contributed to the evolution of their relationships with their important clients, enabling them to better serve their customers with various price points depending on multiple delivery methods.

They have long-standing partnerships with worldwide OEMs in the agribusiness and CFM industries.

Uniparts India IPO

Uniparts India Limited, headquartered in New Delhi has submitted Draft Red Herring Prospectus(DRHP) to Securities and Exchange Board of India(SEBI) for initial public offering (IPO) of 15,731,942 Equity Shares on 25 April 2022.

The offer doesn’t includes a fresh issue and there is offer for sale (OFS) of 15,731,942 Equity Shares by the promoters mentioned in the DRHP. They are not looking for a Pre-IPO placement in this issue.

IPO
Initial Public Offering

They are now waiting for approval from Securities and Exchange Board of India(SEBI) to float the initial public offering (IPO) in the market.

Financials Trends

 
Particulars For the year/period ended ( in Cr.)
31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1007.25 893.27 898.75 958.44
Total Revenue 884.19 947.69 938.84 1062.48
Profit After Tax 122.34
92.39 62.64 69.59

Basic and Diluted Earnings Per Share

Financial Period Basic EPS (in INR) Diluted EPS (in INR) Weight
Financial Year 2021 20.95 20.47 3
Financial Year 2020 14.20 13.88 2
Financial Year 2019 15.78 15.24 1
Weighted Average 17.84 17.43
31 Dec. 2021 27.73 21.11

Objects of the Issue

  • Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
  • To meet common corporate objectives.

Basis of the offer

They feel that the following qualitative factors & business strengths enable them to compete successfully in the industry, and that these factors will be used to calculate the Offer Price:

uniparts group
uniparts group
  • In the global off-highway vehicle systems and components industry, we are the market leader.
  • Precision solutions provider with a vertically integrated engineering team.
  • Cost-competitiveness and customer supply chain risks are optimised using a global business model.
  • Long-term connections with key global customers, including major OEMs, have resulted in a revenue base that is well-diversified.
  • Scale and flexibility are provided by strategically situated manufacturing and warehousing facilities.
  • Financially sound, with strong financial performance measures.
  • Senior management team with experience and qualifications.

Uniparts India Peer Comparison

There are no listed industry peers for their company in India. As a result, providing an industry comparison in relation to their company is impossible.

Uniparts India IPO Details

IPO Opening Date 30 November 2022
IPO Closing Date 02 December 2022
Issue Type Book Building
Face Value 10 per share
IPO Price INR 548 to 577 per equity share
Market Lot 25
Min Amount 14425
Listing At BSE, NSE
Issue Size 15,731,942 Equity Shares
Fresh Issue 0
Offer for Sale 15,731,942 Equity shares

Uniparts India IPO Date

Uniparts India Limited IPO opening date is 30 November 2022, and the closing date is 02 December 2022. The Uniparts India issue may list in 12 December 2022.

IPO Opening Date 30 November 2022
IPO Closing Date 02 December 2022
Basis of Allotment Date 07 December 2022
Initiation of Refunds 08 December 2022
Credit of Shares to Demat Account 09 December 2022
IPO Listing Date 12 December 2022

Basis of Allotment

Type % of Offer Basis of Allotment
Qualified Institutional Buyer 75
Roughly  equivalent
Non Institutional Investor 15
Roughly  equivalent
Retail 10 Minimum 1 lot based on availability

Uniparts India India Limited IPO Status

Allotment of equity stocks subject to the Fresh Issue and transfer of the Promoter Selling Shareholders’ OFS Stocks to the winning Bidders subject to the Offer for Sale. Nevertheless, the status of the allotment has yet to be revealed.

Here, you can find the Allotment Status of Uniparts India IPO.

Uniparts India IPO GMP

Uniparts India Limited IPO Grey Market Premium is 0. You can check out GMP of Other IPOs on below Links:

Date GMP (in Rs) Subject to Sauda Kostak (in Rs)
December 2022
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Check Out the GMP of all Other IPOs

IPO Grey Market Premium

Uniparts India Limited IPO Review

Uniparts India Limited IPO review : If you are looking for answer of Uniparts India IPO is good or bad than you can apply for this IPO with long term view.

Uniparts India Limited IPO Risk

  • A major amount of their revenue comes from a small number of consumers.
  • Their business, cash flows, financial situation, results of operations, and prospects may all suffer if they are unable to effectively estimate demand for their products.
  • The availability and cost of raw materials and labour may have a negative impact on their business, financial situation, operating results, and future prospects.
  • They are vulnerable to swings in foreign currency exchange rates, which could impair their business, cash flows, financial condition, prospects, operations and cause their results to fluctuate.
  • Cyclical influences in the overall and domestic economies, particularly in the agribusiness and CFM sectors, have a negative impact on their business, cash flows, financial condition, results of operations, and prospects.

Other Threats

  1. Their reliance on Uniparts USA Limited and Uniparts Olsen Inc., their subsidiaries, exposes them to considerable risks.
  2. They have previously compounded delays in filing certain records with the Reserve Bank of India.
  3. They have previously had negative cash flow from operations.
  4. The impact of the COVID-19 epidemic on the business and operations, both now and in the future.
  5. They have engaged in, and will continue to engage in, related-party transactions that could result in conflicts of interest.
  6. They are subject to a variety of rules and regulations in the jurisdictions where they operate, including environmental and health and safety laws and regulations, which could result in higher compliance costs, which could harm their financial condition, results of operations, and prospects.

Production Plants

Two production plants are located in Ludhiana, Punjab, one in Visakhapatnam, Andhra Pradesh, and two in Noida, Uttar Pradesh. In Noida, Uttar Pradesh, they have also established a distribution centre.

They have a manufacturing, warehousing, and distribution plant in Eldridge, Iowa, which we purchased in 2005 when they bought Olsen Engineering LLC, now renamed as Uniparts Olsen Inc., and a warehousing and distribution site in Augusta, Georgia.

In addition, they have established a storage and distribution facility in Hennef, Germany, which serves as its headquarters for supporting their important European clients. Several worldwide OEMs in the OHV industry are conveniently placed near each of their sites.

Uniparts India Limited IPO Brokerage views

Once the dates will be announced we will update the views of different brokerage firms regarding this IPO. Here is the views of different stock brokers regarding this Uniparts India IPO:

  • Yes Securities : Not Updated
  • Choice Brokering: Not Updated
  • Axis Securities: Not Updated
  • IIFL Securities: Not Updated
  • Trade swift: Not Updated
  • Anand Rathi : Not Updated
  • ICICI Securities: Not Updated

Uniparts India Limited IPO Subscription Status

Date Day QIB NII Retail Employees Total Subscription
30 November  2022 1
01 December 2022 2
02 December 2022 3

Uniparts India Limited Management

Gurdeep Soni, their Chairman and Managing Director, and Paramjit Singh Soni, their Executive Director and Vice Chairman, are first-generation entrepreneurs with over 30 years of expertise in the industry.

Sudhakar S Kolli, their Group Chief Operating Officer, and Herbert Coenen, their Non-Executive Director, both have substantial experience in the OHV space, having previously worked with major organisations. Uniparts India limited have been able to extend their activities and establish a substantial footprint in India and abroad under their guidance.

They also have a capable and seasoned senior management team that has proved its ability to predict and capitalise on changing market trends, operate and expand operations, and leverage and deepen customer connections. Their executive team is well-positioned in major end-markets.

Uniparts India Limited Promoters

  • Gurdeep Soni
  • Paramjit Singh Soni

Promoter’s Holding

Pre Issue Share Holding  20.37%
Post Issue Share Holding

Uniparts India Limited Prospectus

Contact Details

Uniparts India Limited
Gripwel House, Block – 5,
Sector C6 &7, VasantKunj,
New Delhi 110070, India
Tel: + 91 120 458 1400
E-mail: [email protected]
Website: www.unipartsgroup.com

Registrar

Link Intime India Private Limited
C-101, 247 Park, 1st Floor
L.B.S. Marg, Vikhroli West Mumbai
400 083, Maharashtra, India
Tel: +91 22 4918 6200
E-mail: : [email protected]
Website: www.linkintime.co.in

Lead Manager(s)

  1. Axis Capital Limited
  2. DAM Capital Advisors Limited
  3. JM Financial Limited

We hope we are able to answer all your questions about Uniparts India IPO. If you don’t have a Demat account, open it now with Zerodha best trading app of India.

Disclaimer

The reference of IPO Grey Market Premium (IPO GMP) is only valid for the date specified in the header.
On the IPO Grey Market, we do not purchase or sell IPO forms.

The Kostak Rate is the profit earned by selling an IPO application (in an off-market transaction) to somebody else before the issue is allotted or listed.

Do not subscribe to an IPO based solely on the premium price, as it may alter at any time before to the listing. Only consider the fundamentals of the companies when subscribing.

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Note:

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FAQ

Uniparts India Limited IPO Opening Date?

Uniparts India Limited IPO will open is 30 November 2022.

Uniparts India Limited IPO Listing Date?

Uniparts India Limited IPO will list is 12 December 2022.

Uniparts India IPO GMP Today?

Uniparts India IPO Grey Market Premium is INR 0 .

Uniparts India Limited IPO Allotment Date?

Uniparts India Limited IPO basis of allotment will be is 07 December 2022.

Lot size for Uniparts India Limited IPO?

Lot size for Uniparts India Limited IPO is 25.

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