United Heat Transfer Ltd IPO
Our 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 equipments which are used as critical equipments for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, super tankers, off highway engines etc. since 1995.
Price Range
₹56 - 59
Bidding Dates
22 Oct - 24 Oct
Allotment Date
25 Oct 2024
Key Statistics
 Bid Opening Date | 22 Oct 2024 |
| Bid Opening Date | 24 Oct 2024 |
| Bid Opening Date | 25 Oct 2024 |
 Issue Size | ₹30Cr |
 Quantity in 1 lot | 2000 |
Strength and risks
Strength
Well Experienced Management Team.
Integrated Manufacturing Facilities.
Vendor Registrations.
Long Standing Relation with Customers.
Strategic Location of Unit.
Risk
The company will continue to be controlled by its Promoters after the completion of the Issue.
The Company, Promoters, Directors and Group Companies are involved in certain legal proceedings. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business and results of operations.
The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.
The Company is dependent on few States. Loss of any of this large States may affect its business operations.
Two of its Promoters and Non-Executive Directors i.e. Ms. Durva Yogesh Patil and Mr. Shatanik Vivek Patil has limited experience in the Heat Exchanger Industry in which the Company is operating.
The Company is dependent on few Countries. Loss of any of this large Countries may affect its business operations.
The Company is dependent on a few suppliers for purchase of product. Loss of any of these large suppliers may affect its business operations.
The company has given corporate guarantee in relation to certain debt facilities to its group company which if claimed, may require the company to pay the guaranteed amount.
Its business is dependent on the company manufacturing facility. The loss of or shutdown of operations of its manufacturing facility may have a material adverse effect on its business, financial condition and results of operations.
The Company has not entered into any agreements/ contracts for the supply of raw material and other utilities. Risks related to shortfall or non-availability of raw material and other utilities may adversely affect its manufacturing processes and have an adverse impact on the company operations and financial condition.
Promoters Holding
| Investors | Holdings % |
| Yogesh Vishwanath Patil | 39.01% |
| Vivek Vishwanath Patil | 40.08% |
| Durva Yogesh Patil | 1.72% |
| Shatanik Vivek Patil | 0% |
About United Heat Transfer Ltd
| Organisation | United Heat Transfer Ltd |
| Headquarters | Nashik |
| Industry | Engineering |
Frequently Asked Questions
What is the size of the United Heat Transfer Ltd IPO?
The size of the United Heat Transfer Ltd IPO is ₹30Cr .
What is 'pre-apply' for United Heat Transfer Ltd IPO?
'Pre-apply' for United Heat Transfer Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.
When will my United Heat Transfer Ltd IPO order be placed?
Your United Heat Transfer Ltd IPO order will be placed on 22 Oct 2024.
What are the open and close dates of the United Heat Transfer Ltd IPO?
The open and close dates of the United Heat Transfer Ltd IPO are 22 Oct 2024 to 24 Oct 2024.
What is the lot size and minimum order quantity of the United Heat Transfer Ltd IPO?
The lot size and minimum order quantity of the United Heat Transfer Ltd IPO are 2000 and 2000 respectively.
What would be the listing gains on the United Heat Transfer Ltd IPO?
The potential listing gains on the United Heat Transfer Ltd IPO will depend on various market factors and cannot be predicted with certainty.