October 25, 2024
New Delhi, India
United Heat Transfer IPO
The United Heat Transfer IPO allotment is expected to be finalised today, October 25, after strong investor demand. Shares are set to be credited to successful bidders’ demat accounts on October 28, with a listing date of October 29 on NSE SME.
Key IPO Details:
- IPO Dates: Opened on October 22, closed on October 24
- Price Band: ₹56-₹59 per share
- Funds Raised: ₹30 crore from 50.84 lakh equity shares (fresh issue)
- GMP: United Heat Transfer shares have a grey market premium of ₹20 per share, estimating a listing price of ₹79, a 33.9% premium to the IPO price of ₹59.
Also Read:
How to Check Allotment Status:
- Link Intime Portal:
- Visit Link Intime IPO status page
- Select “United Heat Transfer Limited”
- Choose PAN, Application No., DP ID, or Account No.
- Enter relevant details and click “Search.”
- NSE Website:
- Go to the NSE IPO allotment page
- Enter the required details and select “United Heat Transfer IPO.”
Swastika Investmart Ltd served as the book-running lead manager, with Link Intime India Private Ltd as the IPO registrar.
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