Uniparts India IPO: Initial public offering opens tomorrow; Check GMP, price band, lot size, listing date, other details
Uniparts India, an engineering systems and solutions provider, is all set to hit the stocks market with its initial public offering (IPO) tomorrow. The Uniparts India IPO is an offer for the sale of around 14,481,942 shares. The offer for sale includes 1,100,000 shares by The Karan Soni 2018 CG-NG Nevada Trust, 1,100,000 shares by The Meher Soni 2018 CG-NG Nevada Trust and 2,200,000 shares by Pamela Soni.
Uniparts India IPO Price Band
Uniparts India IPO GMP
Uniparts India IPO Lot Size
As per the stock market data, the IPO will constitute 32.09 per cent of the post-offer paid-up equity share capital. As far as lots are concerned, there will be 25 shares in a lot and retail investors can buy a minimum of 13 lots or 325 shares worth Rs 1,87,525. The company has reserved 50 per cent quota for qualified institutional buyers, 35 per cent for retail investors, and 15 per cent for non-institutional investors.
Uniparts India IPO Allotment, Listing Date
Uniparts India Background History
Since this is an offer for sale, Uniparts India will not get any proceeds from the IPO. This is going to be the third attempt by the Uniparts India to get listed on the markets as it previously tried for the same with the Securities and Exchange Board of India (SEBI) in 2014 and 2018. Uniparts manufactures engineering systems and solutions for global supply.