Uniparts India IPO: Here's how to check allotment status

7 Dec 2022 , 08:43 AM

Uniparts India Limited IPO closed on December 2 for subscription. The initial public offer was subscribed 25.32 times over the 1.01 crore shares that were on offer for the subscription. The price band of the IPO was fixed at Rs 548-577 apiece.

As per the NSE data, shares which are to be allocated for the qualified institutional buyers (QIBs) were subscribed 67.14 times, while those of non-institutional investors were subscribed 17.86 times and the retail individual investors (RIIs) portion was subscribed 4.63 times.

Investors are now looking forward to the allotment of shares which will take place on December 7, as per RHP of the company. Those who have applied for the IPO can check the allotment status on BSE website or on the website of registrar to the IPO, Link Intime.

Uniparts India is a global manufacturer of engineered systems and solutions. With a presence in more than 25 countries, it is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining and after-sales services.