The United Heat Transfer Limited IPO is set to open for subscription from October 22, 2024, and will close on October 24, 2024. This book-built issue aims to raise ₹30.00 crores by offering a total of 50.84 lakh shares. Investors are keenly awaiting the allotment, which is scheduled for October 25, 2024, with the listing expected on the NSE SME on October 29, 2024. The price band for the IPO has been set between ₹56 to ₹59 per share, making it an attractive opportunity for various investor categories.
United Heat Transfer IPO 2024
With the IPO’s minimum lot size set at 2,000 shares, retail investors are required to invest a minimum of ₹118,000. High Net Worth Individuals (HNIs) must apply for a minimum of 4,000 shares, amounting to ₹236,000. The lead manager for this IPO is Swastika Investmart Ltd, and the registrar for the issue is Link Intime India Private Ltd. This overview aims to provide detailed insights into the offering, including financials, investor categories, and the overall subscription status.