Uniparts India IPO GMP, Subscription Status, Price & Full Details

The Uniparts India Ltd IPO is all set to open in the Indian stock market on the 30th of November, 2022. With this initial public offering, Uniparts plans on raising capital of ₹835.61 crores. With a price band of Rs 548-577, you can apply for this IPO from 30th November to 2nd December. As of now, the Uniparts India IPO GMP is ₹42. In this article, we will talk about the financials, listing date, and other details of the Uniparts IPO. 

Today, we will talk about the forthcoming Uniparts IPO that has created a buzz in the Indian stock market. Here, we have mentioned all of its technical and financial data that might be crucial for you to understand whether to apply for Uniparts IPO or not.

This data, along with our brief explanation would help you know more about the Uniparts India Limited IPO. About its review, investors are excited about the Uniparts India IPO as the same can be determined by its ₹42 GMP today. But, there is a thing that might concern a few investors. This initial public offering by the Uniparts group is not a fresh issue. Instead, the existing shareholders and promoters are offering their shares for sale in the stock market. Now, this may have a negative impact on many investors as promoters selling off their shares may not be a good sign. Nonetheless, the company shows a promising financial statement and is a leading firm in its industry too. So all-in-all, the Uniparts IPO may get a green signal from many experts and investors but you should always invest if and when you feel secure about your investment; makes sense, right?

Now, here are the full details of the Uniparts India Limited IPO:

The Uniparts India Ltd. IPO stands tall with a grey market premium of Rs 42 on 1 December. Considering this IPO is entirely OFS, a GMP of Rs 42 can help investors gain some profit through opening premiums. 

The grey market premium of any company’s IPO shows how well that stock may perform after its listing in the stock market. Although the results may not be exactly the same as the GMP of an IPO, it still gives a fair idea to all investors.

You can start bidding for the Uniparts India Limited IPO on 30 November and the bidding will close on 2 December. So within these 3 days of this IPO’s opening, investors may apply and see if they are lucky enough to get any lots.

These IPO shares lots of Uniparts India will be allotted on the 7th of December. So if you apply for this OFS and you are fortunate enough, you will get the allotment on 7 December.

Once the allotment is done, all the investors who didn’t get the IPO share will get their refunds on 8 December. Finally, the shares of the investors will be credited to their accounts on 9 December and the listing date of Uniparts IPO is 12 December (expected).

The Uniparts India IPO’s price band is fixed between Rs 548 and Rs 577. Each lot of this Offer for Sale IPO has 25 shares in total. Thus, the minimum investment amount is Rs 13,700.

If you apply for Uniparts IPO at the premium price of Rs 577, your total investment amount for one lot of 25 shares will be Rs 14,425. So if you feel that you should apply for Uniparts IPO, you can go right ahead with any of these investment amounts.

No investor would like to invest in a firm without having the proper knowledge of its current financial standings and balance sheet, right? So, here are some important financial data of Uniparts India Ltd.:

These financials of Uniparts India Limited will help you get a better understanding of whether the company is running on track or not with its assets, liabilities, and revenue.

For more financial details of Uniparts India, refer to SEBI Uniparts.

The Uniparts India Limited IPO is subscribed 2.75 times in total. For retail investors, the subscription stands at 1.20 times out of the issue.

The subscription status of Uniparts IPO will help you understand the strength of retail and institutional investors who have applied for this initial public offering. 

Uniparts India Group defines itself as “Uniparts is an Indian based global manufacturer of engineered systems and solutions. The Group is a leading supplier of systems and components for the off highway market and operates out of Six manufacturing facilities and four warehousing locations across US, Europe and India with its products reaching 25 countries.”

This company is a global manufacturer of engineered systems and one of the leading suppliers of systems and components for the off-highway market in agriculture, construction, forestry, and mining.

To apply for Uniparts or any other IPO, you just need a Demat account and, of course, the investment amount. Although we can’t help you with the latter, opening a trading account is really simple with Paytm Money on your iPhone or Android smartphone. Just download the app and follow the on-screen instructions to open a Demat account and start your investing journey today.

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Let us know what you think about the Uniparts IPO in the comments section. Also, feel free to ask any questions too. Would you like to apply for this IPO too?