| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹30.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹30.00 Cr |
| Fresh Issue | ₹28.49 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน56.00-59.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | UHTL |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Swastika Investmart Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of Debt | 5.73 |
| 2 | To Meet Incremental Working Capital Requirements | 14.00 |
| 3 | General Corporate Purpose | 7.35 |
| 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 | ||||
| KPI | Jul 31, 2024 |
|---|---|
| ROE | 8.46% |
| ROCE | 10.79% |
| Debt / Equity | 1.12% |
| RoNW | 8.46% |
| PAT Margin | 11.44% |
| Price to Book Value | 3.69 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.48 | 3.83 |
| P/E (x) | 13.16 | 15.41 |
| Promoter Holding | 91.59% | 67.09% |
| Market Cap | โน112.12 Cr. | |