As of Wednesday, December 7, the finalisation of share allotment has been completed, investors who had subscribed to the Uniparts India IPO may now verify the status of their share allocation. Refunds will start to be initiated today, and allotted shares will be credited to investors' demat accounts on Friday, December 9.
By accessing the registrar's website, such as Karvy or Linkintime, investors can check IPO allotment. Investors can also receive email and SMS notifications on the IPO allotment status from NSE, BSE, NSDL, and CDSL.
On Monday, December 12, the engineered systems and solutions providers' IPO will list on the stock exchanges.
Uniparts India's IPO subscription opened on November 30, and closed on December 2. On the final day IPO was subscribed 25.32 times. The public offering was subscribed to 4.63 times in the retail category, 67.14 times in the QIB category, and 17.86 times in the NII category.
The price band for the offer has been determined at 548 – 577 rupees per equity share.
The issue is entirely an offer for sale of up to 14,481,942 equity shares, aggregating up to 836 crore rupees. The company has a leading market presence in global off-highway vehicles’ systems and components segments.
Prior to its first public offering, the international manufacturer of engineered systems and solutions has raised 250.68 crore rupees from anchor investors.
According to topsharebrokers.com, Uniparts India latest IPO grey market premium today is 50 rupees.