United Heat Transfer IPO Details
| IPO Open Date: | October 22, 2024 |
| IPO Close Date: | October 24, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹56 to ₹59 Per Share |
| Issue Size: | Approx ₹30.00 Crores |
| Fresh Issue: | Approx ₹30.00 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
United Heat Transfer IPO Market Lot
The United Heat Transfer IPO minimum market lot is 2000 shares with ₹118,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2,000 | ₹118,000 |
| Retail Maximum | 1 | 2,000 | ₹118,000 |
| S-HNI Minimum | 2 | 4,000 | ₹236,000 |
United Heat Transfer IPO Dates
The United Heat Transfer IPO date is October 22, 2024 and the close date is October 24, 2024. The United Heat Transfer IPO allotment will be finalized on October 25, 2024 and the IPO listing on October 29, 2024.
| IPO Open Date: | October 22, 2024 |
| IPO Close Date: | October 24, 2024 |
| Basis of Allotment: | October 25, 2024 |
| Refunds: | October 28, 2024 |
| Credit to Demat Account: | October 28, 2024 |
| IPO Listing Date: | October 29, 2024 |
Promoters of United Heat Transfer IPO
The promoters of the company are Mr. Yogesh Vishwanath Patil, Mr. Vivek Vishwanath Patil, Mr. Shatanik Vivek Patil and Ms. Durva Yogesh Patil.
About United Heat Transfer IPO
United Heat Transfer Limited was established on 27th January 1995, The company has started making heat exchangers, air-cooled heat exchangers, and pressure vessels for crucial equipment to get petrol and diesel engines, cargo ships, ferries, pleasure boats, marine types of diesel, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, etc. Availability of labor, water, and power supply are also given by it. Time on delivery, flexibility, and commitment to consumers make it top-notch. Further, the total revenue of this company is 6,019.31 lakhs for FY 2024; wherein export revenue amount is 532.04 lakhs and Indigence Revenue is 5,487.27 lakhs respectively. This company launched a 30.00 crore IPO which has a fresh issue of 50.84 lakh shares.
United Heat Transfer IPO Company Financial Report
The company reported revenue of ₹64.10 crores in 2024 against ₹70.40 crore in 2023. The company reported profit of ₹6.24 crores in 2024 against profit of ₹2.12 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹47.96 | ₹45.66 | ₹1.53 | ₹62.62 |
| 2023 | ₹70.40 | ₹67.58 | ₹2.12 | ₹64.82 |
| 2024 | ₹64.10 | ₹56.24 | ₹6.24 | ₹70.47 |
| July 2024 | ₹21.20 | ₹18.01 | ₹2.43 | ₹72.30 |
United Heat Transfer IPO Valuation – FY2024
Check United Heat Transfer IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 30.62% |
| ROCE: | 31.77% |
| EBITDA Margin: | 16.60% |
| PAT Margin: | 10.36% |
| Debt to equity ratio: | 1.81 |
| Earning Per Share (EPS): | ₹4.89 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.62% |
| Net Asset Value (NAV): | ₹15.98 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Patel Airtemp India Limited | 26.86 | 25.87 | 10.33 | 260.91 | 14.74 Cr. |
| The Anup Engineering Limited | 52.20 | 34.89 | 19.38 | 531.08 | 102.40 Cr. |
Objects of the Issue
- Repayment of Debt;
- To Meet Incremental Working Capital Requirements;
- General Corporate Purpose.
United Heat Transfer IPO Review
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United Heat Transfer IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Swastika Investmart Ltd
Company Address
United Heat Transfer Limited
Plot No F-131, MIDC Area
Ambad, Nashik-422010
Phone: +91 25323 82484
Email: [email protected]
Website: https://unitedheat.net/
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Note: The United Heat Transfer IPO price band and date are officially announced. The (United Heat Transfer IPO grey market premium) will be added to the IPO GMP page as it will start).
