United Heat Transfer IPO Soars with 8.54x Subscription on Day 2 – Discover the Exciting Highlights!United Heat Transfer IPO Soars with 8.54x Subscription on Day 2 – Discover the Exciting Highlights!

United Heat Transfer Limited IPO experienced a remarkable surge on Day 2, boasting an impressive 8.54x subscription rate. This strong demand showcases investor confidence and optimism in the promising growth trajectory of the engineering manufacturing sector, making it an exciting opportunity for stakeholders.

United Heat Transfer Limited IPO Subscription Status

United Heat Transfer Limited IPO surged with a strong demand on Day 1 securing a 2.40x subscription, and gained momentum gradually. This shows good investor confidence and a warm market reception.

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.

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.