IPO

IPO Synopsis

United Heat Transfer Ltd
Initial public issue of 50,84,000 equity shares of face value of Rs. 10/- each of United Heat Transfer Limited ("UHT" or the "Company" or the "Issuer") for cash at a price of Rs. 59/- per equity share including a share premium of Rs. 49/- per equity share (the "Issue Price") aggregating to Rs. 30.00 crores ("The Issue"), of which 2,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 59/- per equity share including a share premium of Rs. 49/- per equity share aggregating to Rs. 1.51 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 48,28,000 equity shares of face value of Rs. 10/- each at a price of Rs. 59/- per equity share including a share premium of Rs. 49/- per equity share aggregating to Rs. 28.49 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.75% and 25.41%, respectively, of the post issue paid up equity share capital of the company.
Issue
Opens On Closes On
22-Oct-24 24-Oct-24
Money Payable On
Application Allotment
59.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 27.08 Swastika Investmart Ltd
Project Financed through Current Offer (.Cr) 30.00  
Post Issue Equity Share Capital (.Cr) 19.00
Issue Price () 59.00
Projects
Repayment of Debt
To meet incremental working capital requirements
General corporate purposes
Promoted By
Yogesh Vishwanath Patil
Vivek Vishwanath Patil
Durva Yogesh Patil
Listing At
NSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd