Puranik Builders Limited IPO (Puranik Builders IPO) Detail

 

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Incorprated in 1990, Puranik Builders Limited is a leading real estate company providing residential and commercial solutions across various categories. The company is among the prominent residential real estate developers in Mumbai Metropolitan Region ("MMR") and Pune Metropolitan Region ("PMR") based on several units currently being marketed in these regions.

Incorpotated in 1994, 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 the presence across over 25 countries.

The company's product portfolio includes core product verticals of 3-point linkage systems ("3PL") and precision machined parts ("PMP") as well as adjacent product verticals of power take-off ("PTO"), fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles ("OHVs") with a presence across the value chain

In India, the company have five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh.

Uniparts also have a manufacturing, warehousing and distribution facility at Eldridge, Iowa, acquired under the acquisition in 2005 of Olsen Engineering LLC, now known as Uniparts Olsen Inc. ("UOI") and a warehousing and distribution facility at Augusta, Georgia.

The company's global business model is based on :

1. The sales in regions outside India ("International Sales").

2. The sales from our dual shore manufacturing facilities in India and the United States, in their respective domestic markets ("Local Deliveries").

3. Export sales from Indian locations directly to overseas customers ("Direct Exports").

4. Sales from the warehousing facilities in their respective domestic markets ("Warehouse Sales").

 

Company Financials

Uniparts India Limited Financial Information (Restated)

Period Ended

Total Assets

Total Revenue

Profit After Tax

Net Worth

Total Borrowing

31-Mar-19

958.44

1062.48

69.6

421.98

345.63

31-Mar-20

898.75

938.84

62.64

464.16

256.5

31-Mar-21

893.27

947.69

93.15

560.14

127.78

31-Mar-22

1031.18

1231.04

166.89

685.24

127.27

30-Jun-22

1063.51

347.76

50.52

713.93

114.66

Amount in ₹ Crore

 

Objects 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 Details

IPO Date

Nov 30, 2022 to Dec 2, 2022

Listing Date

[.]

Face Value

₹10 per share

Price

₹548 to ₹577 per share

Lot Size

25 Shares

Issue Size

14,481,942 shares of ₹10
(aggregating up to ₹835.61 Cr)

Offer for Sale

14,481,942 shares of ₹10
(aggregating up to ₹835.61 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

QIB Shares Offered

Not more than 50% of the Offer

NII (HNI) Shares Offered

Not less than 15% of the Offer

Retail Shares Offered

Not less than 35% of the Offer

Company Promoters

Gurdeep Soni and Paramjit Singh Soni are the company promoters.

 

Uniparts India IPO Tentative Timetable

Uniparts India IPO opens on Nov 30, 2022, and closes on Dec 2, 2022. The Uniparts India IPO bid date is from Nov 30, 2022 10.00 A.M. to Dec 2, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event

Tentative Date

Opening Date

Nov 30, 2022

Closing Date

Dec 2, 2022

Basis of Allotment

Dec 7, 2022

Initiation of Refunds

Dec 8, 2022

Credit of Shares to Demat

Dec 9, 2022

Listing Date

Dec 12, 2022