
✓
Open
22 Oct 2024
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Close
24 Oct 2024
3
Allotment
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Listing
Tue, Oct 29, 2024
Price Band
₹56 to ₹59
Issue Size
50,84,000 shares (agg. up to ₹30 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Oct 29, 2024
Latest GMP
₹17
Est. Gain
28.81%
✦ AI Insight
GMP Trend
29-10-2024₹17Est. ₹76+28.81%
28-10-2024₹17Est. ₹76+28.81%
27-10-2024₹17Est. ₹76+28.81%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 58.92x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 72.30 | 70.47 | 64.82 | 62.62 |
| Total Income | 21.20 | 64.10 | 70.40 | 47.96 |
| Profit After Tax | 2.43 | 6.24 | 2.12 | 1.53 |
| NET Worth | 28.65 | 20.38 | 14.14 | 12.02 |
| Reserves and Surplus | 14.73 | 7.63 | 9.89 | 7.77 |
| Total Borrowing | 32.02 | 36.92 | 32.95 | 37.61 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sahasra Electronic Solutions Ltd. | SME | ₹186.16 Cr | ₹283 | 16.41 | ₹564.55 | +99.49% | ₹313.00 (+1.99%) |
| Rappid Valves (India) Ltd. | SME | ₹30.41 Cr | ₹222 | 20.53 | ₹309.35 | +39.35% | ₹321.30 (+0.41%) |
| WOL 3D India Ltd. | SME | ₹25.56 Cr | ₹150 | 14.9 | ₹189.05 | +26.03% | ₹129.50 (+4.99%) |
| Paramount Speciality Forgings Ltd. | SME | ₹32.34 Cr | ₹59 | 12.1 | ₹87.15 | +47.71% | ₹31.85 (-1.24%) |
| Envirotech Systems Ltd. | SME | ₹30.24 Cr | ₹56 | 6.56 | ₹111.70 | +99.46% | ₹80.50 (-1.77%) |
| Shubhshree Biofuels Energy Ltd. | SME | ₹16.56 Cr | ₹119 | 13.89 | ₹198.45 | +66.76% | ₹341.00 (+0.00%) |
| Aeron Composite Ltd. | SME | ₹56.10 Cr | ₹125 | 23.69 | ₹157.50 | +26.00% | ₹81.70 (-1.27%) |
| Associated Coaters Ltd. | SME | ₹5.11 Cr | ₹121 | 20.72 | ₹134.90 | +11.49% | ₹92.00 (+0.00%) |
| Aimtron Electronics Ltd. | SME | ₹87.02 Cr | ₹161 | 27.13 | ₹253.05 | +57.17% | ₹1,383.75 (-0.41%) |
| Vilas Transcore Ltd. | SME | ₹95.26 Cr | ₹147 | 13.12 | ₹225.75 | +53.57% | ₹383.60 (+3.10%) |
| Storage Technologies & Automation Ltd. | SME | ₹29.95 Cr | ₹78 | 48.45 | ₹153.05 | +96.22% | ₹39.70 (+3.93%) |
| Creative Graphics Solutions India Ltd. | SME | ₹54.40 Cr | ₹85 | 17.59 | ₹176.25 | +107.35% | ₹133.05 (-2.42%) |
| Gabriel Pet Straps Ltd. | SME | ₹8.06 Cr | ₹101 | 35.94 | ₹120.75 | +19.55% | ₹108.30 (-5.00%) |
| Megatherm Induction Ltd. | SME | ₹53.91 Cr | ₹108 | 10.68 | ₹207.90 | +92.50% | ₹227.00 (+2.18%) |
| Siyaram Recycling Industries Ltd. | SME | ₹22.96 Cr | ₹46 | 8.3 | ₹57.75 | +25.54% | ₹41.32 (-0.41%) |
| Diffusion Engineers Ltd. | Mainboard | ₹157.96 Cr | ₹168 | 15.28 | ₹203.17 | +20.93% | ₹390.35 (+0.53%) |
| KRN Heat Exchanger & Refrigeration Ltd. | Mainboard | ₹341.95 Cr | ₹220 | 24.78 | ₹478.79 | +117.63% | ₹1,290.60 (-0.29%) |
| Inox India Ltd. | Mainboard | ₹1,459.32 Cr | ₹660 | 39.22 | ₹939.95 | +42.42% | ₹1,994.40 (+1.76%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Debt | 5.73 |
| 2 | To Meet Incremental Working Capital Requirements | 14.00 |
| 3 | General Corporate Purpose | 7.35 |
About United Heat Transfer IPO
Incorporated in January 1995, United Heat Transfers Limited manufactures essential equipment such as heat exchangers, pressure vessels, and process flow skids. The company's products are used in petrol and diesel engines, maritime vessels, mining trucks, and heavy machinery, among other applications. The company operates two manufacturing units in Nashik, equipped with modern infrastructure, including advanced technology and machinery that enhance productivity and efficiency. As of July 31, 2024, the Company employs approximately 105 employees at various levels on its payroll, and 127 employees on a contractual basis. Competitive Strength A diverse customer base across various continents enhances our global presence, minimizing reliance on any single market. Knowledgeable and skilled team to ensure efficient production and delivery of products. Meeting Industry Standards to ensure high quality and reliability for its customers Strategic distribution channels and location enhance customer convenience and accessibility, boosting the company's reach and sales potential. + Read More
Contact Details
United Heat Transfer Ltd. AddressPlot No F-131MIDC AreaAmbadNashik, Maharashtra, 422010+91 25323 82484company.secretary@unitedheat.netVisit Website