31 Mar 2022
Assets62.62
Total Income47.96
Profit After Tax1.53
NET Worth12.02
Reserves and Surplus7.77
Total Borrowing37.61
At a glance
Updated 2026-08-24The shares listed at ₹60.95, a 3.31% move from the issue price. United Heat Transfer is a SME IPO with an issue size of ₹30.00 crore, proposed for listing on NSE SME. The offer opens on 22nd Oct 2024 and closes on 24th Oct 2024. The issue structure includes a fresh issue of ₹28.49 crore. The current listing schedule points to 29th Oct 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹30.00 Cr
Fresh issue₹28.49 Cr
Face value₹10
Price band₹56.00–₹59.00
Allotment25th Oct 2024
Listing29th Oct 2024
Listing performance
Full performance ↗Issue price₹59.00
Listing price₹60.95
Current price—
Listing gain3.31%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹17.00
GMP / upper price28.81%
Est. listing₹76.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd Oct 2024
Closes24th Oct 2024
Allotment25th Oct 2024
Refund28th Oct 2024
Demat28th Oct 2024
Listing29th Oct 2024
Subscription demand
Full bidding ↗Total83.70×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹118,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment of Debt | ₹5.73 Cr |
| To Meet Incremental Working Capital Requirements | ₹14.00 Cr |
| General Corporate Purpose | ₹7.35 Cr |
Financials
Full financials ↗31 Mar 2023
Assets64.82
Total Income70.40
Profit After Tax2.12
NET Worth14.14
Reserves and Surplus9.89
Total Borrowing32.95
31 Mar 2024
Assets70.47
Total Income64.10
Profit After Tax6.24
NET Worth20.38
Reserves and Surplus7.63
Total Borrowing36.92
31 Jul 2024
Assets72.30
Total Income21.20
Profit After Tax2.43
NET Worth28.65
Reserves and Surplus14.73
Total Borrowing32.02
Trend chart₹ crore
KPIs
| KPI | Jul 31, 2024 |
|---|---|
| ROE | 8.46% |
| ROCE | 10.79% |
| Debt / Equity | 1.12% |
| RoNW | 8.46% |
| PAT Margin | 11.44% |
| Price to Book Value | 3.69 |
Valuation & shareholding
Pre-IPO EPS4.48
Post-IPO EPS3.83
Pre-IPO P/E13.16
Post-IPO P/E15.41
Promoter holding pre91.59%
Promoter holding post67.09%
Market cap₹112.12 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manger Fees | ₹0.50 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable Advertising and Printing Expenses | ₹0.33 Cr |
| Fees Payable to Regulators including Stock Exchanges and other Intermediaries | ₹0.05 Cr |
| Fees payable to Peer Review Auditor and Legal Advisor | ₹0.04 Cr |
| Fees Payable to Market Maker (for One Year) | ₹0.03 Cr |
| Escrow Bank Fees | ₹0.01 Cr |
| Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses) | ₹1.95 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Swastika Investmart Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.