United Heat Transfer Limited

Company Profile
Company Name United Heat Transfer Limited
Open Date 22-10-2024
Close Date 24-10-2024
Exchange NSE SME
Lot Size 2,000 Shares
Issue Price ₹56 to ₹59 per share
Issue Size 50,84,000 shares
Application Amount ₹ 1,18,000 (2,000 shares)
Recommendation Apply
Incorporation: United Heat Transfer Limited was originally incorporated in the year 1995. The registered office is located at Nashik, Maharashtra, India. Business Model: The company is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipment’s. Geographical Presence: The company operates both domestically and internationally. The international countries including France, Holland, Poland, Netherlands, USA, Germany. The company had 105 fulltime employees as of July 31, 2024
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 4,764.65 6,995.09 6,019.3
EBITDA 599.71 776.73 999.08
Net Profit 152.68 211.55 623.87
RoCE 11.99% 15.76% 20.60%
ROE 12.70% 14.96% 30.62%
P/E 49.17 35.54 12.07

Tentative Timeline

Opening Date 22-10-2024
Closing Date 24-10-2024
Basis of Allotment 25-10-2024
Initiation of Refunds 28-10-2024
Credit of Shares to Demat 28-10-2024
Listing Date 29-10-2024

Objects of the Issue

Repayment of Debt
To Meet Incremental Working Capital Requirements
To Meet the General Corporate Purposes.

Contact Information

Registered Office United Heat Transfer Limited Plot No F-131, , MIDC Area Ambad, Nashik-422010
Phone +91 25323 82484
Email company.secretary@unitedheat.net
Website https://unitedheat.net/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email merchantbanking@swastika.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net Issue
NII (HNI) Shares Offered Not less than 15.00% of the Net Issue
Retail Shares Offered Not less than 35.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 91.59%
Shareholding Post Issue (Promoters) 67.09%

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