Uniparts India Limited is a manufacturer of engineered systems and solutions. The company is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (“CFM”) and aftermarket sectors with a presence in more than 25 countries.
The company’s product portfolio includes the main product verticals of 3-point linkage systems (“3PL”) and precision machined parts (“PMP”) as well as the adjacent product verticals of power take-off (“PTO”), manufacturing and hydraulic cylinders or components. Uniparts is a design and supply player for precision off-road vehicle (“OHV”) products with a presence across the entire value chain.
In India, the company has five manufacturing facilities, two in Ludhiana, Punjab, one in Visakhapatnam, Andhra Pradesh and two in Noida, Uttar Pradesh.
Uniparts also has a manufacturing, warehousing and distribution facility in Eldridge, Iowa, acquired in 2005 through the acquisition of Olsen Engineering LLC, now known as Uniparts Olsen Inc. (“UOI”), and a warehouse and distribution facility in Augusta, Georgia.
Uniparts India IPO – Details
| IPO Opening Date | 30 November 2022 |
| IPO Closing Date | 02 December 2022 |
| Issue Type | Book Built Issue IPO |
| Issue Size | ₹835.61 Crore |
| Offer For Sale | 1,44,81,942 Shares |
| Face Value | ₹10 per equity share |
| IPO Price | ₹548 – ₹577 |
| Market Lot | 25 Shares |
| Min Order | 25 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Uniparts India IPO – Date Schedule
| IPO Open Date | 30 November 2022 |
| IPO Close Date | 02 December 2022 |
| Basis of Allotment Date | 07 December 2022 |
| Initiation of Refunds | 08 December 2022 |
| Credit of Shares to Demat Account | 09 December 2022 |
| IPO Listing Date | 12 December 2022 |
Uniparts India IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | 14,425 |
| Retail (Max) | 13 | 325 | 1,87,525 |
| S-HNI (Min) | 14 | 350 | 2,01,950 |
| B-HNI (Min) | 70 | 1750 | 10,09,750 |
Competitive Strengths
- Leading market presence in global off-highway vehicle systems and components segment.
- Engineering driven, vertically integrated precision solutions provider.
- Global business model optimizing cost-competitiveness and customer supply chain risks.
- Long-term relationships with key global customers, including major OEMs, resulting in a well-diversified revenue base.
- Strategically located manufacturing and warehousing facilities that offer scale and flexibility.
- Strong financial position with robust financial performance metrics.
- Experienced Promoters and qualified senior management team.
Is Uniparts India good for Investment?
Uniparts India Limited is a top company in manufacturing engineered systems and solutions. The products of the company reach over 25 countries and have manufacturing and warehousing units in India as well as globally.
Uniparts India has a diversified product portfolio and caters to various segments and sectors. It serves OHV players, which includes OEMs and aftermarket retail store chains.
The company won the ‘Most Versatile Supplier’ award in 2020 by Kubota India. It was also awarded ‘Overall Excellence in Procurement and Source Cost Reduction’ in Procurement Tech Summit and Awards 2019.
It has earned various other recognitions and awards for its excellence and quality.
Company Promoters
- Gurdeep Soni
- Paramjit Singh Soni
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2019 | 1062.47 | 970.92 | 69.59 |
| 31 March 2020 | 938.83 | 864.43 | 62.64 |
| 31 March 2021 | 947.68 | 829.12 | 93.14 |
| 31 December 2021 | 884.18 | 714.23 | 122.33 |
| 31 March 2022 | 1231.03 | 1001.72 | 166.88 |
| 30 June 2022 | 347.76 | 282.57 | 50.51 |
Object Of The Issue
- The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.
Uniparts India IPO Strengths
- Leading market presence in global off-highway vehicle systems and components segment.
- Engineering driven, vertically integrated precision solutions provider.
- Global business model optimizing cost-competitiveness and customer supply chain risks.
- Long-term relationships with key global customers, including major OEMs, resulting in a well-diversified revenue base.
- Strategically located manufacturing and warehousing facilities that offer scale and flexibility.
Uniparts India IPO Risks
- A major amount of their revenue comes from a small number of consumers.
- Their business, cash flows, financial situation, results of operations, and prospects may all suffer if they are unable to effectively estimate demand for their products.
- he availability and cost of raw materials and labour may have a negative impact on their business, financial situation, operating results, and future prospects.
- They are vulnerable to swings in foreign currency exchange rates, which could impair their business, cash flows, financial condition, prospects, operations and cause their results to fluctuate.
- Cyclical influences in the overall and domestic economies, particularly in the agribusiness and CFM sectors, have a negative impact on their business, cash flows, financial condition, results of operations, and prospects.
Uniparts India IPO Promoter Holding
| Pre Issue Share Holding | 75.54% |
| Post Issue Share Holding | 65.79% |
Uniparts India IPO Prospectus
Company Contact Information
| Uniparts India Limited Gripwel House, Block – 5, Sector C6 &7, VasantKunj NewDelhi 110070 Phone: + 91 120 458 1400 Email: compliance.officer@unipartsgroup.com Website: https://www.unipartsgroup.com/ |
Uniparts India IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: uniparts.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
Uniparts India IPO Lead Manager(s)
| 1. Axis Bank Limited 2. DAM Capital Advisors Ltd 3. JM Financial Consultants Private Limited |
Uniparts India IPO FAQs
| What is Uniparts India IPO? Uniparts India IPO is a main-board IPO. The issue is priced at ₹548 to ₹577 per equity share. The IPO is to be listed on BSE & NSE. |
| When Uniparts India IPO will open? The IPO is to open on 30 November 2022 for QIB, NII, and Retail Investors. |
| What is Uniparts India IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Uniparts India IPO? You can apply Uniparts India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Uniparts India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Uniparts India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Uniparts India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Uniparts India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Uniparts India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Uniparts India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Uniparts India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Uniparts India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Uniparts India IPO Size? Uniparts India IPO size is ₹835.61 Cr. |
| What is Uniparts India IPO Price Band? Uniparts India IPO Price Band is ₹548 to ₹577. |
| What is Uniparts India IPO Minimum and Maximum Lot Size? The minimum bid is 25 Shares with ₹14,425 amount while the maximum bid is 325 shares with ₹1,87,525. |
| What is the Uniparts India IPO Allotment Date? Uniparts India IPO allotment date is 07 December 2022. |
| What is the Uniparts India IPO Listing Date? Uniparts India IPO listing date is 12 December 2022. The IPO is to list on BSE and NSE. |
