United Heat Transfer IPO 2025 Date, Price, GMP, Review, Details

The United Heat Transfer Limited IPO is set to open for subscription from October 22, 2025, and will close on October 24, 2025. 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, 2025, with the listing expected on the NSE SME on October 29, 2025. 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 2025

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.

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United Heat Transfer IPO Overview

Attribute Information
IPO Dates October 22, 2025 – October 24, 2025
Issue Size ₹30.00 crores
Shares Offered 5,084,000 shares
Price Band ₹56 to ₹59 per share

United Heat Transfer IPO Key Dates

Event Date
IPO Open Date October 22, 2025
IPO Close Date October 24, 2025
Allotment Date October 25, 2025
Listing Date October 29, 2025

United Heat Transfer IPO Lot Size

Category Lots Shares Amount (₹)
Retail (Min) 1 2000 118,000
HNI (Min) 2 4000 236,000

United Heat Transfer IPO Subscription Details

Category Subscription Status (times)
QIB 2.61
NII 7.84
Retail 13.72
Total 9.27

United Heat Transfer IPO Financials

Financial Year Revenue (₹ lakhs) Profit After Tax (₹ lakhs)
FY 2022 4,796.11 152.67
FY 2023 7,040.15 211.54
FY 2025 6,409.55 623.85

United Heat Transfer IPO Use of Proceeds

Purpose Allocation (₹ crores)
Repayment of Debt TBD
Working Capital TBD
General Corporate Purpose TBD

United Heat Transfer IPO Anchor Investors

Bid Date Shares Offered Anchor Portion Size (₹ crores)
October 21, 2025 1,434,000 8.46

United Heat Transfer IPO Pre and Post Issue Holdings

Shareholding Status Pre Issue (%) Post Issue (%)
Promoter Holdings 91.59 67.09

Market Capitalization

Market Capitalization Value (₹ crores)
Pre IPO 112.12
Post IPO TBD

Key Performance Indicators

KPI Value
ROE 8.46%
ROCE 10.79%
PAT Margin 11.44%

Contact Information

Contact Detail Information
Company Name United Heat Transfer Limited
Address Plot No F-131, MIDC Area Ambad, Nashik-422010
Phone +91 25323 82484

United Heat Transfer IPO Registrar Information

Registrar Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email [email protected]

United Heat Transfer IPO Recommendation Summary

Review By Recommendation
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United Heat Transfer IPO Review

Review Summary Information
Analyst Dilip Davda
Conclusion The issue appears fully priced based on earnings.

United Heat Transfer IPO Summary

The United Heat Transfer IPO presents a compelling investment opportunity with a well-defined price band and a solid business foundation. With significant subscription interest, particularly from retail investors, the issue is likely to attract considerable attention upon listing. Investors are advised to assess the company’s financials and market position before making their investment decisions.

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