Uniparts India Ltd is into manufacturing of engineered systems and solutions. Uniparts is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining (CFM) sector and has an established presence across 25 nations.
The objective of the issue is to carry out an OFS for the equity shares and achieve benefits of the stock exchanges.
The Uniparts India IPO lot size is 25 shares per lot. A retail-individual investor can apply for up to 13 lots (325 shares or ₹187,525)
Uniparts India is promoted by Gurdeep Soni and Paramjit Singh Soni are the company promoters.
Axis Capital, DAM Capital Advisors and JM Financial are the book running lead managers to the issue.
The GMP trend shows that the grey market premium has opened at around Rs. 140, but has since oscillated between the levels of Rs. 130 and Rs. 140 in the last 4 days. If you consider the upper end of the price band of Uniparts India Ltd at Rs. 577 as the indicative price, then the likely listing price is being signalled at around Rs.714 per share