Uniparts IPO Equity Allocation: Uniparts India, a provider of technical systems and solutions, is likely to announce the allotment status of its initial public offering (IPO) on December 7. The IPO of nearly Rs 836 crore was fully subscribed 25.32 times with strong demand from qualified institutional buyers. Investors who have bid for the Uniparts IPO can check the status of their application online.
The IPO was in high demand as the issue was subscribed for 25.32 times.
The share of qualified institutional buyers was the most subscribed 67.14 times. The portion reserved for non-institutional investors received 17.86 subscriptions. The retail portion also saw good demand as it had a subscription of 4.63 times.
The gray market premium (GMP) for the company’s shares was Rs 60 per share. GMP is the premium at which IPO stocks trade on an unofficial market before listing on the exchanges.
Check the allocation status of Uniparts India shares through the registrar Link Intime India website
To check the status of the share allocation, select the company name as ‘Uniparts India’ from the drop down on the Link Intime India website when it is declared. PAN, Application Number, or Depository/Client ID check box. Enter the permanent account number or application number or deposit/customer ID in the box accordingly. Enter the given captcha in the space provided and click on the submit button. This shows the number of shares applied and allocated to the investor.
Check Uniparts India stock allotment status through BSE website
Another way to check the allocation status in Uniparts India is through the BSE website. Select “Equity” as the issue type and “Uniparts India” as the issue name from the drop-down list when it is declared. Enter the application number and PAN (permanent account number). Click on ‘I’m not a robot’. In the last step, click the Search tab to view the status details.
Uniparts is one of the leading suppliers of systems and components for the off-highway market. The company’s main business areas are agriculture, construction, forestry and aftermarket. It has a leading market presence, a global business model and long-standing relationships with key customers.
About Uniparts India
Uniparts India is a global manufacturer of engineering systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining, and aftermarket sectors due to its presence in more than 25 countries.
It is a concept-to-supply player of precision off-road vehicle products with a presence across the entire value chain. The company’s product portfolio includes vertical product segments of 3-point lift systems and precision machined parts, as well as adjacent vertical product segments of power take-offs, structures and hydraulic cylinders or components thereof.
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