Uniparts India stock was launched on the BSE for Rs 575, 0.35% cheaper than the IPO price. Uniparts India’s market capitalization was Rs 2,595.19 crore.
Uniparts India stock opened flat on the market today. The stock was launched on the BSE at Rs 575, 0.35% lower than the IPO price. Uniparts India’s stock market capitalization was Rs 2,595.19 crore.
On the BSE, 0.81 lakh shares of the company changed hands, resulting in a turnover of Rs 4.65 crore.
The stock was floated on the NSE for Rs 575. Uniparts India’s market capitalization was Rs 2,595 crore. A total of 7.76 lakh shares of the company were traded, resulting in a turnover of Rs 44.64 crore on NSE.
From November 30 to December 2, the IPO was available for business. In the IPO, shares were priced between Rs 548 and Rs 577 a share.
The Qualified Institutional Buyers (QIBs) category was subscribed to 67.14 times. The quota for non-institutional investors was subscribed to 17.86 times, while the share for Retail Individual Investors (RIIs) was subscribed to 4.61 times.
The inaugural share sale was solely comprised of promoter group entities and current investors making an offer for sale (OFS) of 14,481,942 equity shares.
The Initial public offering IPO lot size was 25 shares, for which Rs 14,425 was paid. A regular investor might apply for up to 13 lots or 325 shares for Rs 187,525.
The shares were distributed on December 7, 2022.
The allotment status was announced on the registrar’s official website as well as the BSE website. The official registrar for the Uniparts India IPO is Link Intime India.
The IPO’s lead managers were Axis Bank Limited, DAM Capital Advisors Ltd, and JM Financial Limited.
Uniparts India creates engineered systems and solutions. With a presence in over 25 countries, the company is one of the major suppliers of off-highway systems and components in the agriculture and construction, forestry and mining (“C, FM”), and aftermarket sectors.
