Uniparts India IPO: All or no longer it is miles crucial to know concerning the anguish

NEW DELHI: The Rs 836 crore preliminary public providing (IPO) of Uniparts India is all impart to hit the main market on Wednesday, November 30. Listed below are key issues you might per chance well also merely unruffled know concerning the anguish.

1. When will Uniparts India IPO inaugurate for subscription?
   
   Uniparts India IPO will inaugurate for subscription on Wednesday, November 30.
2. When will the IPO of Uniparts India shut for subscription?
   
   The IPO of Uniparts India will shut for subscription on Friday, December 2.
3. What is the price band of Uniparts India IPO?
   
   The value band for Uniparts India IPO has been fastened at Rs 548-577 per half.
4. What is the anguish dimension of Uniparts India IPO?
   
   The anguish is entirely a guideline on the market (OFS) of as much as 1,44,81,942 equity shares with a face price of Rs 10 every amounting to Rs 836 crore by promoters and existing shareholders.
5. Who are the shareholders collaborating in OFS of Uniparts India IPO?
   
   Promoters Karan Soni 2018 CG-NG Nevada Have confidence, Meher Soni 2018 CG-NG Nevada Have confidence, Pamela Soni, Ashoka Funding Holdings and Ambadevi Mauritius Maintaining and Pamela Soni will provide shares in the OFS.

   Andrew Warren Code, James Norma Hallene, Kevin John Code, Dennis Francis DeDecker and Melvin Keith Gibbs are other shareholders offloading the stake.

6. What is going to the corporate create with salvage proceeds from the anguish?
   
   The company will no longer regain any proceeds from the anguish because the total proceeds shall be going to the selling shareholders, desirous concerning the nature of the anguish being an OFS.
7. What is the lot dimension for Uniparts India IPO?
   
   Investors can subscribe to the Uniparts India IPO by making a wager on plenty of 25 shares or in multiples thereof. At the larger differ of the price band, one lot of the IPO is value Rs 14,425. A retail bidder can yell for 13 plenty or 325 shares at most.
8. What is the artificial profile of Uniparts India?
   
   Integrated in 1994, Uniparts India is a manufacturer of engineered systems and solutions. It’s miles a understanding-to-provide participant for precision merchandise for off-toll road autos.
9. What does Uniparts India create?
   
   It’s miles one among the main suppliers of systems and parts for the off-toll road market in the agriculture and building, forestry and mining and aftermarket sectors with a presence throughout over 25 international locations.

   The company has 5 manufacturing services, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh. It furthermore has a manufacturing, warehousing and distribution facility at Eldridge (US).

10. How did Uniparts India create in the final one year?
    
    For the one year ended March 31, 2022, the corporate reported a salvage earnings of Rs 166.89 crore with a total earnings of Rs 1,231.04 crore, which stood at Rs 93.15 crore and Rs 947.69 crore, respectively in the outdated fiscal.

    For the duration ended on June 30, 2022, it clocked a bottomline of Rs 50.52 crore with a total earnings inching to Rs 347.76 crore.

11. What is the quota reserved for retail investors in Uniparts India IPO?
    
    The quota for retail investors in Uniparts India IPO is fastened at 35% of the online provide. Qualified institutional investors’ quota is fastened at 50% while for NII the quota is reserved at 15%.
12. When will the premise of allotment be finalized for Uniparts India’s IPO?
    
    The finalization of the premise of allotment is doubtless by December 7 and the initialisation of refunds is doubtless by December 8. Meanwhile, credit ranking of shares in the demat memoir is doubtless by December 9.
13. On what date will Uniparts India shares list?
    
    Uniparts India is anticipated to blueprint its market debut on December 12 (Monday).

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