Uniparts company’s stock will be listed in the stock market tomorrow, know how it will start

Uniparts IPO listing date: If you are going to invest in the Share Market, and you want to invest money in IPO, then you must read this news. Many companies keep bringing their IPOs in the stock market. This time Uniparts company, which works for Engineered Systems and Solutions in the country and the world, is bringing its IPO. We are going to give you complete information related to this in this news.

List will be on 12 December

If the shares have been allotted in the demat account, then there will be great news for you. The issue of the company is going to be listed in the market on Monday, December 12, 2022. It will be listed on BSE and NSE in the initial trading session. The last date for bidding for Uniparts IPO, which opened from 30 November, was 2 December 2022. Uniparts IPO was closed by filling 25.32 times on the last day.

great response

According to media reports, the Rs 836 crore IPO of Uniparts India got a better response from the investors. This issue was subscribed more than 25 times. The price band of Rs 548 to 577 per share was fixed in the IPO. It is to be noted that Uniparts had submitted initial IPO documents to the Securities and Exchange Board of India (SEBI) in December 2018 and September 2014. She had also got approval for this, but she did not bring the IPO at that time.

25 shares found in one lot

According to the price band of this company, 25 shares have been received in one lot. That is, retail investors had to pay at least Rs 14,425. At the same time, bids could be made for a maximum of 13 lots, for which Rs 187525 had to be paid. Before the IPO, the promoters’ stake in the company was 74.54 per cent. After the IPO, it will come down to 65.79 per cent.

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works in so many countries

Uniparts India is a global manufacturer of engineering systems and solutions. The company has its presence in about 25 countries. The company is one of the largest suppliers of components and systems to the forestry, mining, aftermarket, agriculture and construction sectors.

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