Uniparts India IPO starts today: Check the day 1 subscription here

30 Nov 2022 , 01:26 PM

Uniparts India IPO subscription starts on November 30 and will conclude on December 2, 2022. The price band of the offer is fixed at Rs 548 to Rs 577 per share. The retail quota is 35%, QIB is 50%, and NII is 15%.

Uniparts India IPO Subscription Status — Day 1 at 01:10 PM

Category	No. of shares reserved	No. of shares subscribed	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	28,96,388	1,050	0.00
Non Institutional Investors(NIIs)	21,72,292	3,69,375	0.17
Retail Individual Investors (RIIs)	50,68,680	17,97,450	0.35
Total	1,01,37,360	21,67,875	0.21

(Source: BSE)

Uniparts India is a manufacturer of engineers systems and solutions. The company was incorporated in the year 1994 and work on concept-to-supply player for precision products for off-highway vehicles.

Axis Bank, DAM Advisors and JM Financial are the book running lead managers to the issue and Link Intime is appointed as the registrar of the company.

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