Plot No F-131,
MIDC Area
Ambad, Nashik-422010
Phone: +91 25323 82484
Email: company.secretary@unitedheat.net
Website: https://unitedheat.net/
Last updated on 24-Oct-2024 19:09:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 974000 | 25872000 | 26.56 |
| NIB | 728000 | 91090000 | 125.12 |
| RETAIL | 1692000 | 167814000 | 99.18 |
| Total | 3394000 | 284776000 | 83.91 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 14 |
| NIB | 6021 |
| RETAIL | 83907 |
| Total | 89942 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 5.75 | 152.64 | 26.56 |
| NIB | 4.3 | 537.43 | 125.12 |
| RETAIL | 9.98 | 990.1 | 99.18 |
| Total | 20.02 | 1680.18 | 83.91 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹2.1 | @8% ₹2.4 | @9% ₹2.7 | @10% ₹3.01 | @11% ₹3.31 | @12% ₹3.61 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹9.91 | @8% ₹11.33 | @9% ₹12.74 | @10% ₹14.16 | @11% ₹15.57 | @12% ₹16.99 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 118000 | 846 |
| HNI | 2 | 4000 | 236000 | 364 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.28% | 1692000 |
| NII (HNI) | 14.32% | 728000 |
| Anchor | 28.21% | 1434000 |
| QIB | 19.16% | 974000 |
| Market Maker | 5.03% | 256000 |
| Total | 100.00% | 5084000 |
United Heat Transfer IPO Details
| Issue Size | 5,084,000 shares (aggregating up to ₹30.00 Cr) |
| Fresh Issue | 5,084,000 shares (aggregating up to ₹30.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 13,920,000 |
| Share holding post issue | 19,004,000 |
| Market Maker portion | 256,000 shares Swastika Investmart |
Key Performance Indicator
| KPI | Jul-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 8.46% | 30.62% | 14.96% |
| ROCE | 10.79% | 31.77% | 17.47% |
| RONW | 8.46% | 30.62% | 14.96% |
| D/E | 1.12 | 1.81 | 2.33 |
| EPS (basic) | 1.74 | 4.89 | 1.66 |
| P/E Pre IPO | 13.16 | ||
| P/E Post IPO | 15.41 |
Company Financials
United Heat Transfer Limited Financial Information (Restated)
United Heat Transfer Limited's revenue decreased by -9% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Jul 2024 | Mar 2024 | Mar 2023 | Mar 2022 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 7,230.03 | 7,046.67 | 6,481.52 | 6,262.36 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,120.01 | 6,409.55 | 7,040.15 | 4,796.11 | ||||||||||||||||||||||||||||||||||||
| Profit | 242.53 | 623.85 | 211.54 | 152.67 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 2,865.24 | 2,037.71 | 1,413.86 | 1,202.32 | ||||||||||||||||||||||||||||||||||||
| Reserves | 1,473.24 | 762.71 | 988.86 | 777.32 | ||||||||||||||||||||||||||||||||||||
| Borrowing | 3,202.13 | 3,692.18 | 3,295.18 | 3,761.47 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Company
Strength
Global Presence: A diverse customer base across multiple continents reduces dependency on any single market, strengthening its international footprint.
Skilled Workforce: A knowledgeable and skilled team ensures efficient production and timely delivery of high-quality products.
Industry Compliance: Adherence to industry standards guarantees high quality and reliability, fostering trust among customers.
Weakness
Customer Concentration: Dependence on a small number of key customers poses a risk, as losing any major client could significantly impact revenue and profitability.
Geographic Dependence: Reliance on a few states for business operations means that disruptions in these regions could affect overall performance.
Country-Specific Exposure: Dependence on a limited number of countries increases vulnerability to market changes or disruptions in those regions, potentially affecting business operations.