The United Heat Transfer IPO is open for subscriptions beginning Tuesday, October 22, 2024, and ending Thursday, October 24, 2024. It is a book-built issuance of Rs 30 crore. This next IPO is a completely new offering of Rs 50.84 lakh equity shares. The company plans to generate roughly ₹30 crores through this sale, which includes a fresh issue of around 50.84 lakh shares.
United Heat Transfer manufactures a wide range of heat transfer equipment, including shell and tube heat exchangers, air-cooled heat exchangers, pressure vessels, and process flow skid equipment. These components are essential for a variety of applications, including gasoline and diesel engines, railway engines, maritime engines, and ships. They are also employed in many industries, such as mining, power generation, and transportation.
OBSC Perfection IPO Details
| IPO Open Date | October 22, 2024 |
| IPO Close Date | October 24, 2024 |
| Listing Date | Tuesday, October 29, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹56 to ₹59 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 5084000 shares |
| Fresh Issue | 5084000 shares |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
United Heat Transfer Financials
Between the fiscal years ending March 31, 2024, and March 31, 2023, United Heat Transfer Limited’s revenue declined by -9%, but its profit after tax (PAT) increased by 195%.
| FY 2024 | |
| Assets | 7230.03 |
| Revenue | 2120.01 |
| Profit After Tax | 242.53 |
| Net Worth | 2865.24 |
| ROE | 8.46 % |
| ROCE | 10.79 % |
| Debt/Equity | 1.12Â |
| RoNW | 8.46 % |
| P/BV | 3.69Â |
| PAT Margin (%) | 11.44 |
About The Company – United Heat Transfer
United Heat Transfer Limited was founded on January 27, 1995. The company began manufacturing heat exchangers, air-cooled heat exchangers, and pressure vessels for critical equipment used in petrol and diesel engines, cargo ships, ferries, pleasure boats, marine diesel, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, and so on. It also provides information on the availability of labor, water, and power. It is exceptional in terms of delivery time, flexibility, and consumer dedication.
United Heat Transfer IPO Lot Size
The United Heat Transfer IPO has a minimum lot size of 2,000 shares, requiring an application amount of approximately ₹118,000. The IPO opens for subscription on October 22, 2024, and closes on October 24, 2024.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹118,000 |
| Retail (Max) | 1 | 2000 | ₹118,000 |
| HNI (Min) | 2 | 4,000 | ₹236,000 |
