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United Heat Transfer IPO Debuts with 2.40x Subscription Rate on Day 1 – Key Details Inside!

News by Aliceblue News Desk

22 Oct 2024

United Heat Transfer IPO Debuts with 2.40x Subscription Rate on Day 1 – Key Details Inside!

United Heat Transfer Limited IPO kicked off with impressive demand, achieving a 2.40x subscription rate on its first day. This strong interest highlights investors’ confidence and optimism regarding the growth potential of the engineering manufacturing sector, indicating a positive outlook for the company and the industry as a whole.

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How to check United Heat Transfer IPO Subscription Status?

Steps to check United Heat Transfer Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘United Heat Transfer Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

United Heat Transfer Limited IPO Allotment Status

The allotment date for the United Heat Transfer Limited IPO is set for October 25 with shares priced from ₹56 to ₹59 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

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United Heat Transfer Limited IPO Listing Date 

United Heat Transfer Limited IPO is expected to be listed on the NSE SME on October 29, 2024.

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