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United Heat Transfer Ltd IPO; Key GMP Updates You Need to Know! Discover More

United Heat Transfer Limited IPO offers shares at ₹56 - ₹59, with a ₹7 Grey Market Premium. Available in 2000 share lots, the subscription runs from October 22 to October 24, 2024.

United Heat Transfer Limited IPO has a ₹7 Grey Market Premium as of October 21, 2024, with a price range from ₹56 to ₹59 per share. Offering lots of 2000 shares, the subscription window is open from October 22 to October 24, 2024.

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United Heat Transfer Limited IPO GMP Today

The Grey Market Premium (GMP) for United Heat Transfer Limited is ₹7 as of October 21, 2024. This assessment coincides with a price from ₹56 to ₹59 per share for the IPO.

United Heat Transfer Limited IPO Review

United Heat transfer’s revenue has declined from ₹6,995.09 lakhs in FY2023 to ₹6,019.31 lakhs in FY2024, though profitability improved, with PAT doubling from ₹70.22 lakhs in FY2023 to ₹162.01 lakhs in FY2024.

The company’s equity strengthened from ₹1,413.86 in FY2023 to ₹2,037.71 in FY2024. NAV per share increased ₹11.09 to ₹15.98 in FY2024, United Heat Transfer showcased strong liquidity and reduced reliance on debt.

To get a full IPO review, click here United Heat Transfer IPO

United Heat Transfer Limited IPO Date

United Heat Transfer Limited will start accepting subscriptions from October 22 to October 24, 2024.

United Heat Transfer Limited IPO Price

United Heat Transfer Limited’s price range is from ₹56 to ₹59 per share with a face value of ₹10 each.

United Heat Transfer Limited

Since 1995, the company has specialized in manufacturing shell and tube heat exchangers, air-cooled exchangers, pressure vessels, and process flow skids. These critical components are used in petrol and diesel engines, marine vessels, railway engines, mining trucks, heavy trucks, yachts, and power gen sets. The company operates two state-of-the-art manufacturing facilities in Nashik.

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How To Apply For United Heat Transfer Limited IPO?

To apply for the United Heat Transfer Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for United Heat Transfer Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the United Heat Transfer Limited IPO at Alice Blue in just a few clicks!

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