United Heat Transfer IPO Allotment Status

Summary

United Heat Transfer IPO has received an exceptional response from investors, closing with a remarkable subscription of 83.70 times by 24th October 2024 at 5:34:00 PM (Day 3). The public issue witnessed outstanding demand across all investor categories.

The Non-Institutional Investors (NII) category led with an impressive subscription of 124.72 times. The Retail Investors segment showed tremendous enthusiasm with 98.93 times subscription. The Qualified Institutional Buyers (QIB) portion was subscribed 26.56 times. Both the Anchor Investors and Market Maker portions were fully subscribed. This overwhelming response across categories resulted in 83,698 applications, demonstrating exceptional market confidence in United Heat Transfer's offering.

How to Check United Heat Transfer IPO Allotment Status:

How to Check United Heat Transfer IPO Allotment Status on the Registrar's Site?

Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)

From the dropdown menu, select United Heat Transfer IPO

Choose one of the following modes: PAN ID, Demat Account number, or Application number

Enter the information relevant to the mode you have chosen

For security purposes, fill out the captcha accurately

Click "Submit"

How to Check United Heat Transfer IPO Allotment Status on BSE

Visit the BSE  (https://www.bseindia.com/investors/appli_check.aspx)

Look for the IPO Allotment Status section

Select "United Heat Transfer Limited" from the dropdown menu

Enter your application number and PAN ID

Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

Log into your Internet Banking: Go to your bank's website or mobile app and log in

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections

Offer Required Information: Provide information like your PAN, application number, or other identifiers

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources

How to Check IPO Allotment Status in a Demat Account:

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP)

Find IPO Section: Look for the section titled "IPO" or "Portfolio"

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service

United Heat Transfer IPO Timeline:

United Heat Transfer IPO Subscription Status

United Heat Transfer IPO received 83.70 times subscription with 83,698 applications. By 24th October 2024 at 5:34:00 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:34:00 PM)
Total Subscription: 83.70 times
QIB: 26.56 times 
NII: 124.72 times 
Retail investors: 98.93 times 

Subscription Day 2
Total Subscription: 9.27 times
QIB: 2.61 times
NII: 7.84 times
Retail investors: 13.72 times

Subscription Day 1
Total Subscription: 2.67 times
QIB: 1.74 times
NII: 4.25 times
Retail investors: 2.52 times

United Heat Transfer IPO Details

United Heat Transfer's initial public offering (IPO) is a book built issue of ₹30.00 crores. This offering consists entirely of a fresh issue of 50.84 lakh shares.

The bidding process for the United Heat Transfer IPO commenced on 22nd October 2024 and concludes on 24th October 2024. The allotment results for this IPO are anticipated to be finalised on 25th October 2024. Furthermore, the shares of United Heat Transfer are set to be listed on NSE SME, with a provisional listing date scheduled for 29th

October 2024.
The United Heat Transfer IPO price band has been established between ₹56 and ₹59 per share. Investors must apply for a minimum lot size of 2,000 shares, which requires a minimum investment of ₹118,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (4,000 shares), totalling ₹236,000.

Swastika Investmart Ltd serves as the book running lead manager for the United Heat Transfer IPO, while Link Intime India Private Ltd is designated as the registrar for this offering. Swastika Investmart is also the market maker for this IPO.