Uniparts India Limited is a global manufacturer (with manufacturing units in India and the USA) and a leading supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining (“CFM”), and aftermarket sectors with a presence across over 25 countries.
Their core product portfolio includes:
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3-point linkage systems (“3PL”) consisting of different assemblies that are attached to an agricultural tractor.
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Precision machined parts (“PMP”) which are a group of products requiring stringent material and manufacturing specifications and controls as these are structural and load-bearing parts of the equipment.
They had an estimated 14.45% market share of the global 3PL market in Fiscal 2021 in terms of value and an estimated 5.87% market share in the global PMP market in the CFM sector in Fiscal 2021 in terms of value.
The global market for 3PL was between USD 305 million and USD 320 million in 2020 and is expected to grow at nearly 6% and 8% between 2020 –2025 while the market for PMP for articulated joints was USD 520 million in 2020 which is expected to grow at a CAGR of 7% and 9% between 2020 and 2025 and the company hopes to benefit from increasing mechanization in the agriculture and CFM sectors.
The public offer of Uniparts India Limited comprises an offer for the sale of 1.57 crore equity shares from existing shareholders.
Distribution of Revenue
| Year Ending | Mar 2020 | Mar 2021 | Mar 2022 | Jun 2022 |
|---|---|---|---|---|
| Sales to the agriculture sector | 59.98% | 69.80% | 70.51% | 70.56% |
| Sales to the CFM sector | 35.76% | 26.27% | 24.84% | 24.56% |
Financial Snapshot
| FY Ended | Assets (₹ Crores) | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|---|
| March 2020 | 898.74 | 938.84 | 62.64 | 14.20 |
| March 2021 | 893.27 | 947.69 | 93.15 | 21.12 |
| March 2022 | 1031.18 | 1231.04 | 166.89 | 37.74 |
| June 2022 | 1063.51 | 347.76 | 50.52 | 11.42 |
For more information, you can read the IPO prospectus filed by the company:
IPO Details
| Issue period | 30th November to 2nd December 2022 |
|---|---|
| Price band | ₹ 548 - 577 |
| Minimum Bid Quantity | 25 and in multiples thereof |
| Face value | ₹ 10 |
| No of shares | 14,481,942 shares |
| Issue size | ₹ 835 crores |
| Date of Allotment | 7th December 2022 |
| Initiation of Refunds | 8th December 2022 |
| Credit of Shares | 9th December 2022 |
| Date of Listing | 12th December 2022 |
| Mandate end date | 17th December 2022 |
| Anchor Investors Lock-In End Date | 1st January 2022 |
How do I apply for the Uniparts India Limited IPO?
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Uniparts India Limited IPO?
You can check the allotment status on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.
