Uniparts India Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹577
Per ShareLot Size
25 Shares
Minimum Investment
₹14,425
Issue Size
₹835.61 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Uniparts India Ltd
Business model, operations, and market positioning.
Issue Type
Book Building
ISIN
INE244O01017
About the Company
Uniparts India Limited is a global manufacturer of engineered systems and solutions and is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining and aftermarket sectors on account of its presence across over 25 countries. It is a concept-to-supply player for precision products for off-highway vehicles with presence across the value chain. Its product portfolio includes core product verticals of 3-point linkage systems and precision machined parts as well as adjacent product verticals of power take off, fabrications and hydraulic cylinders or components thereof.
Industry Overview
The world market for 3-point linkages was estimated at USD 360 million - USD 370 million in 2021 and is expected to grow at nearly 6% - 8% between 2021 and 2026, buoyed by growth in tractor production volumes in North America, India and Europe, steady growth in China and Japan. The global market of PMP for articulated joints was an estimated USD 648 million in 2021. The demand for such products is expected to grow at a healthy 6% - 8% CAGR in the 5-year period between 2021 - 2026.
Company History
The Company was incorporated as "Uniparts India Limited" under the Companies Act, 1956 at Delhi, pursuant to a certificate of incorporation dated September 26, 1994 issued by the Registrar of Companies, Delhi and Haryana at Delhi ("RoC"). The Company received a certificate of commencement of business on September 7, 1998 from the RoC.
Growth Strategy
- Leverage integrated precision engineering capabilities and established global business model, to tap additional business opportunities and expand addressable market
- Focus on higher value addition products and enhanced service offerings to improve the margin profile
- Target new customer accounts and expand existing customer accounts
- Enhance engineering, innovation and design competence
- Grow inorganically through strategic acquisitions and alliances
Customer Base
Wholesalers and Retailers
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 14,481,942 equity shares of face value of Rs. 10 each ("Equity Shares") of Uniparts India Limited ("The Company" or the "Issuer") for cash at a price of Rs. 577.00 per equity share ("Offer Price") aggregating to Rs. 835.61 crores*, comprising an offer for sale of 14,481,942 equity shares aggregating to Rs. 835.61 crores*, comprising 1,100,000 equity shares by the Karan Soni 2018 CG-NG Nevada Trust aggregating to Rs. 63.47 crores*, 1,100,000 equity shares by the Meher Soni 2018 CG-NG Nevada Trust aggregating to Rs. 63.47 crores* and 2,200,000 equity shares by Pamela Soni aggregating to Rs. 126.94 crores* (collectively the "Promoter Group Selling Shareholders"), 7,180,642 equity shares by Ashoka Investment Holdings Limited ("Ashoka") aggregating to Rs. 414.32 crores* and 2,154,192 equity shares by Ambadevi Mauritius Holding Limited ("Ambadevi") aggregating to Rs. 124.30 crores*, ("Ashoka" and "Ambadevi" are together referred to as the "Investor Selling Shareholders") and 177,378 equity shares by Andrew Warren code aggregating to Rs. 10.24 crores*, 177,378 equity shares by James Norman Hallene aggregating to Rs. 10.24 crores*, 177,378 equity shares by Kevin John code aggregating to Rs. 10.24 crores*, 57,420 equity shares by Dennis Francis Dedecker aggregating to Rs. 3.31 crores*, 41,730 equity shares by Melvin Keith Gibbs aggregating to Rs. 2.41 crores*, 24,706 equity shares by Walter James Gruber aggregating to Rs. 1.43 crores*, 21,556 equity shares by Wendy Reichard Hammen aggregating to Rs. 1.24 crores*, 20,870 equity shares by Mark Louis Dawson aggregating to Rs. 1.20 crores*, 16,366 equity shares by Bradley Lorenz Miller aggregating to Rs. 0.94 crores*, 10,440 equity shares by Mary Louise ARP aggregating to Rs. 0.60 crores*, 8,340 equity shares by Diana Lynn Craig aggregating to Rs. 0.48 crores*, 7,710 equity shares by Marc Christopher Dorau aggregating to Rs. 0.45 crores*, 5,010 equity shares by Craig A Johnson aggregating to Rs. 0.29 crores* and 826 equity shares by Misty Marie Garcia aggregating to Rs. 0.05 crores* (together, the "Individual Selling Shareholders", and together with the promoter group selling shareholders and the investor selling shareholders are collectively, the "Selling Shareholders") (the "Offer for Sale" or the "Offer"). The offer will constitute 32.09%* of the post-offer paid-up equity share capital. *Subject to finalisation of the basis of allotment. The face value of the equity shares is Rs. 10. The offer price is 57.70 times the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Leading market presence in global off-highway vehicle systems and components segment
- Engineering driven, vertically integrated precision solutions provider
- Global business model optimizing cost-competitiveness and customer supply chain risks
- Long-term relationships with key global customers, including major OEMs, resulting in a well-diversified revenue base
- Strategically located manufacturing and warehousing facilities that offer scale and flexibility
- The company depend on a limited number of customers for a significant portion of its revenues. The loss of a major customer or significant reduction in production and sales of, or demand for its products from, any of its major customers may adversely affect its business, financial condition, results of operations and prospects.
- If the company is unable to accurately forecast demand for its products, its business, cash flows, financial condition, results of operations and prospects may be adversely affected.
- Availability and cost of raw materials and labour may adversely affect its business, financial condition, results of operations and prospects.
- The company is exposed to foreign currency exchange rate fluctuations, which may harm its results of operations and cause its results to fluctuate.
- Its business is impacted by cyclical effects in the global and domestic economy, specifically in the agriculture and CFM sectors, which may have an adverse effect on its business, financial condition, results of operations and prospects. Further, its business is also impacted by tractor production volumes globally.