Hello investors a new initial public offering is going to hit the market up and we are going to discuss the scope of Uniparts India’s IPO price band. According to many reliable sources, the price will be around 548-577 but the bad news is that a massive amount of stakeholders are exiting the company and there are no fresh issues of any kind of shares. Companies like Ashoka investing in separating away from this company and the future is not looking positive. They have already sold a major chunk of their stock. Follow Our website TheGossipsWorld Media for the latest updates on Business News!!!!!
Uniparts India Ltd IPO Date
There are no plans of buying a back button if you buy this at the right price it may have some advantages. The subscription for the initial public offering will open on Wednesday 30 November and it will be closed on the 2nd of December. It is a coin to notice that it is a lot of fresh issues of shares and it is only available for the existing shareholders and promoters so no new member will be added. The lot size will be of 25 shares and the total amount will be 13000 to 14000 rupees. The allotment will be concluded on the 8th of December.
Uniparts India Ltd IPO Issue Date
and the stock will be credited into the Demat account by the 19th of December so you should be quick to decide. There was an offer for sale for more than 14 million shares the promoters are currently holding butter some old investors are diverting their investment. The stock market has been doing pretty well for the last few days and it seems like India is the least affected country by the recession the technologies stock section is also doing well and which is a good omen.
Uniparts India Ltd IPO Review & Lot Size
Talking about some financial reports of this company reported a revenue of 948 crores in the financial year 2021 and the earnings per share were around 21 and most of the revenue came from foreign which is around 72% and they have been extremely vulnerable to the currency inflation and it does not seem like a stable option for the recession type of investment butter revenue was generated from a total of 10 average customers. The company was established in 1994 and they have been doing a pretty good job since then.
Uniparts India Ltd IPO GMP Today
They are following a three-point link and computer precision-based machinery so that they can deliver the product with perfection. Their revenue has certainly increased and they have decreased their borrowing. It is a well-renowned company for engineering systems solutions and they have been supplying its services and projects for the Highway market and including Forestry and mining industries. They have a presence in more than 25 countries including America and Australia. We will be back with some more information about dates and till that keep reading articles on our website.