Uniparts ipo chittorgarh

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. According to reports, investors including Ashoka Investment Holdings will be selling 7,180,642 shares, Ambadevi Mauritius Holding 2,154,192 shares, Andrew Warren Code 177,378 shares, James Norman Hellene 177,378 shares and Kevin John Code 177,378 shares among others. https://zeenews.india.com/photos/business/uniparts-india-ltd-ipo-gmp-greay-market-today-chittorgarh-latest-news-wednesday-2541610 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. 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 (SEB...

Uniparts India, a manufacturer of engineered systems and solutions, is going to open its initial public offering (IPO) for subscription on November 30. The offer will close on December 2. The anchor book if any will open for a day on November 29. The company is expected to announce its IPO price band in coming days. The IPO will see the sale of more than 1.44 crore shares by promoters and investors. Promoters Karan Soni 2018 CG-NG Nevada Trust, Meher Soni 2018 CG-NG Nevada Trust, and Pamela Soni will be offering shares while Ashoka Investment Holdings and Ambadevi Mauritius Holding will be exiting the company by selling more than 93 lakh shares. Uniparts India is a global manufacturer of engineered systems and solutions and claims to be one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (CFM) and aftermarket sectors on account of its presence across more than 25 countries. Click Here To Read All IPO Related News It is a concept-to-supply player for precision products for off-highway vehicles with presence across the value chain. Promoters Gurdeep Soni and Paramjit Singh Soni along with promoter group hold 75.54 percent shareholding in Uniparts, and the rest is held by investors Ashoka Investment Holdings and Ambadevi Mauritius Holding. Axis Capital, DAM Capital Advisors, and JM Financial will act as merchant bankers for the issue. This would be 10th offer getting launched in current mon...

The initial public offering (IPO) of Dharmaj Crop Guard Ltd opened for public subscription on Monday, November 28, 2022 and the three-day issue will conclude on Wednesday, November 30. The price band has been fixed in the range of ₹216–237 per share. The issue was fully subscribed on the first day of offer and ended the trade with 1.79 times subscription. The category for Retail Individual Investors (RIIs) received 2.60 times subscription, non-institutional investors portion was subscribed 1.80 times and Qualified Institutional Buyers (QIBs) 35 per cent. “The company has a diverse set of products with customers across domestic as well as international markets. The operations look relatively small compared to its peers, however, revenues, EBITDA & margins are on the rise. At the upper band, post-fresh issue, the asking p/e post fresh issue comes around 27.8x based on FY22 earnings. However, given the growth and small issue size, huge demand is anticipated for the issue," said Abhay Doshi, co-founder of UnlistedArena. Dharmaj Crop Guard is an agrochemical company engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations. The company aims to use the proceeds from the fresh issue for funding capital expenditure towards setting up of a manufacturing facility at Saykha, Bharuch, Gujarat; funding incremental working capital requirements of the company; repayment and/or pre-payment, in full and/or part, of certain borrowings of...

NEW DELHI: The Rs 836 crore initial public offering (IPO) of • When will Uniparts India IPO will open for subscription on Wednesday, November 30. • When will the IPO of Uniparts India close for subscription? The IPO of Uniparts India will close for subscription on Friday, December 2. • What is the price band of Uniparts India IPO? The price band for Uniparts India IPO has been fixed at Rs 548-577 per share. • What is the issue size of Uniparts India IPO? The issue is entirely an offer for sale (OFS) of up to 1,44,81,942 equity shares with a face value of Rs 10 each amounting to Rs 836 crore by promoters and existing shareholders. • Who are the shareholders participating in OFS of Uniparts India IPO? Promoters Karan Soni 2018 CG-NG Nevada Trust, Meher Soni 2018 CG-NG Nevada Trust, Pamela Soni, Ashoka Investment Holdings and Ambadevi Mauritius Holding and Pamela Soni will be offering shares in the OFS. Andrew Warren Code, James Norma Hallene, Kevin John Code, Dennis Francis DeDecker and Melvin Keith Gibbs are other shareholders offloading the stake. • What will the company do with net proceeds from the issue? The company will not receive any proceeds from the issue as the entire proceeds will be going to the selling shareholders, considering the nature of the issue being an OFS. • What is the lot size for Uniparts India IPO? Investors can subscribe to the Uniparts India IPO by betting on a lot of 25 shares or in multiples thereof. At the upper range of the price band, one lo...