Uniparts India was incorporated on September 26, 1994. It is a global manufacturer of engineered systems and solutions. The company's product portfolio includes core product verticals of 3-point linkage systems and precision machined parts as well as adjacent product verticals of power take-off, fabrications and hydraulic cylinders or components.
| Bidding Dates |
|---|
| 30 Nov 2022 - 02 Dec 2022 |
| Subscription |
|---|
| 25.31x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,425 | 1 | 13 | 25 | 14.5 M | ₹548 - ₹577 | 67.91 % | ₹7936.1 M - ₹8356.1 M | RHP DOC |
Uniparts IPO SUBSCRIPTION STATUS
02 Dec '22Uniparts IPO overall subscription rate was 25.31 times the total available shares
Uniparts IPO retail subscription rate was 4.61 times in the retail segment
Uniparts IPO non-institutional investor subscription rate was 17.86 times in the non-institutional investor category
Uniparts IPO Qualified Institutional Bidder subscription rate was 67.14 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
02 Dec 2022 (Day 3) | 4.61x | 17.86x | 67.14x |
01 Dec 2022 (Day 2) | 2.01x | 3.41x | 0.97x |
30 Nov 2022 (Day 1) | 0.77x | 0.9x | 0x |
Uniparts FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| Q1FY23 | 505.2 | 3,468.4 | 552.3 | 481.0 | 22.0% |
| FY22 | 1,668.9 | 12,274.2 | 848.8 | 502.0 | 22.1% |
| FY21 | 931.5 | 9,031.4 | 1,527.6 | 1,374.9 | 18.2% |
| FY20 | 626.4 | 9,072.2 | 1,305.0 | 654.3 | 14.1% |
Uniparts IPO SUBSCRIPTION STATUS DETAILS
Uniparts had 14.5 M shares on offer
Uniparts IPO offer price was in the range ₹548 - ₹577
Uniparts IPO minimum Investment was ₹14425
Uniparts IPO issue size was ₹ 7936.1 M - ₹ 8356.1 M
Uniparts had a minimum lot size of 25 Shares per application
Uniparts NUMBER OF SHARES ON OFFER
Uniparts IPO IMPORTANT DATES
| Issue Open Date | 30 Nov 2022 |
| Issue close Date | 02 Dec 2022 |
| Allotment Date | 07 Dec 2022 |
| Refund Date | 08 Dec 2022 |
| Demat Account Credit Date | 09 Dec 2022 |
| Listing Date | 12 Dec 2022 |
| Listing on Exchange(s) | NSE and BSE |
| Uniparts Allotment Status | Exchange |
Uniparts IPO subscription opened on 30 Nov 2022, and closed on 02 Dec 2022
IPO allotment for Uniparts was finalized on Wednesday, 07 Dec 2022
IPO listing for Uniparts was on NSE and BSE on Monday, 12 Dec 2022
Uniparts IPO LISTING GAINS
| Issue Price (adjusted) | 577.0 |
| Listing Open Price | 575.0 |
| Listing Close Price | 539.6 |
| Listing Gain% | -0.3% |
| Current Gain% | 41.2% |
Uniparts Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Uniparts India Ltd. | 814.6 | 3676.6 | 20.4 | 0.2 | 3 | 18.2 | 12.6 | 1188 | 20.6 | 158.3 | 79.9 | 40 | 84.9 |
| ABB India Ltd. | 7600 | 161050.4 | 53.9 | 11.8 | 21.3 | 12.2 | 13555.1 | 8.1 | 1668.3 | -10.9 | 141 | ||
| Hitachi Energy India Ltd. | 32600 | 145306 | 126.3 | 1 | 15.9 | 19.1 | 8.2 | 8387.6 | 30.2 | 987.8 | 157.3 | 258.1 | 127.7 |
| Bharat Heavy Electricals Ltd. | 405.2 | 141093.2 | 58 | 0.1 | 3.9 | 6.1 | 2.1 | 34589.8 | 20.1 | 1600.3 | 199.7 | 7 | 739.4 |
| Siemens Ltd. | 3940.1 | 140315 | 90.2 | -2.2 | 7.8 | 19.9 | 12.9 | 25598.6 | 10.5 | 2751.6 | 1.3 | 43.7 | -40.3 |
| CG Power and Industrial Solutions Ltd. | 879 | 138482.1 | 110.8 | 4.5 | 10.8 | 15.1 | 9.5 | 12662.2 | 25.7 | 1206.3 | 23.8 | 7.9 | 24.7 |
Uniparts INFORMATION ON IPO ISSUE
About Uniparts
Uniparts India was incorporated on September 26, 1994. It is a global manufacturer of engineered systems and solutions. The company's product portfolio includes core product verticals of 3-point linkage systems and precision machined parts as well as adjacent product verticals of power take-off, fabrications and hydraulic cylinders or components.
Object of the Issue
- To carry out the offer for sale of up to 1,44,81,942 equity shares by the selling shareholders
- To achieve the benefits of listing equity shares on the stock exchanges
Uniparts - PROMOTERS
| Name |
|---|
| Gurdeep Soni |
| Paramjit Singh Soni |
Uniparts Book Running Lead Manager
Axis Capital Limited
uil.ipo@axiscap.in
Uniparts Book Running Lead Managers
DAM Capital Advisors Limited
uniparts.ipo@damcapital.in
JM Financial Limited
uniparts.ipo@jmfl.com
Uniparts Registrar to the Offer
Link Intime India Private Limited
uniparts.ipo@linkintime.co.in
Uniparts Strengths
Leading market presence
The company is e a global manufacturer of engineered systems and solutions and is one of the leading suppliers of systems and components for the off-highway market in the agriculture and CFM and aftermarket sectors
Engineering driven, vertically integrated precision solutions provider
The company provides comprehensive solutions and manufactures high-quality, critical products and components for OHV industry
Business model
The global business model serves as an effective solution for customers seeking to rationalise their global sourcing and supply chain by providing them with multiple choices in the form of local deliveries, direct exports and warehouse sales, while helping the company manage costs and increase margins
Long-term relationships with key global customers
The company has developed long-term relationships with global customers in the agriculture and CFM sectors, such as TAFE, Claas Tractors and Kramp, resulting in a well-diversified revenue base
Strong financial position
The company's revenue from operations has remained stable despite the impact of the COVID-19 pandemic on business operations
Uniparts Risks
Dependent on a limited customers
The company depends on a limited number of customers for a significant portion of its revenues
Foreign currency fluctuations
The company is exposed to foreign currency exchange rate fluctuations as it has major international clients
Cyclical business
The business is impacted by cyclical effects in the global and domestic economy, specifically in the agriculture and CFM sectors. This may have an adverse effect on business, financial condition, results of operations and prospects
Open bills
The company has certain open bills in the export data processing and monitoring system of the Reserve Bank of India
IPO FAQs
This IPO consists of an offer for sale of up to Rs 835.6 crore, of 14,481,942 shares.
The promoters of the company are Gurdeep Soni and Paramjit Singh Soni.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 548.0 - 577.0.
The IPO application opens on Nov 30, 2022 and closes on Dec 02, 2022.
The minimum lot size for the IPO is 25. The maximum lot size for the IPO is 325.
For all category investors, the minimum application amount for this IPO is Rs. 14,425.0, the maximum value for this IPO is Rs 187,525.0.
This IPO will be allotted on Dec 07, 2022.
The refund will be credited to your account on Dec 08, 2022.
The allotted shares will be credited to your demat on Dec 09, 2022.
Uniparts India Ltd.’s shares listed on the stock exchanges on Dec 12, 2022.