United Heat Transfer Limited IPO

United Heat Transfer IPO

[{"selector":"#anim-01ece745-44fe-4ed2-85ac-80bc492117c9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.937499914669296%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-e851854a-68fe-4986-8b5a-d00cdc29d952","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca1bff95-3278-4d3f-abbf-bcd0e86dfc6d","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-849297c2-09dd-4778-b4e0-a44a1d6c7582","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae2d1a2b-bcf6-4087-8aeb-869cdd02278d","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] United Heat Transfer Limited is launching an IPO with a fresh issue of 50.84 lakh shares worth INR 30 crores to repay borrowings and support working capital and corporate purposes. Read more

Important Details

[{"selector":"#anim-388fb8df-979d-427d-9213-0aaf3aac4f6b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.937499914669296%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-1ac437c9-8211-4ab9-ab51-27d8bf1b03d4","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-677199b8-7655-4af2-8139-2c1a1155f1f0","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5eed3d35-e6e9-46bf-8b94-9a9874c92c2e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0377263-2a32-4c1e-9ff7-ce22fde4f93e","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Open Date : October 22, 2024 Close Date : October 24, 2024 Allotment Date: October 25, 2024 Listing Date: October 29, 2024 Important Details

Important Details

[{"selector":"#anim-da7b7cae-dbce-4d45-a415-a00524f2f073 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.24062488616884%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-95ba4684-6b3d-48b5-86be-ec62d126a978","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22d4e36e-ca91-42d6-a40c-b5cbb65811ce","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89b066fa-73a5-4465-8020-510cfdb5a8c9","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c3065a56-5fae-497f-9c06-9c701a58de07","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] IPO Price: INR 360-380 per share Lot Size: 2000 Shares Total Issue Size: INR 30.00 crores Important Details

Fundamental Analysis

[{"selector":"#anim-eeb23030-d9b5-40fb-8b12-b2209a7bf02a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.24062488616884%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-17af9075-e81e-4121-9143-cb4913b7bb44","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8bed2e6-eb90-4511-8eda-4cad4ea1f1a5","keyframes":{"transform":["translate3d(-116.50485%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9b8dd34-6b97-40d1-9d6c-345e36633502","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-42e99871-b486-4bad-a897-7854896dd87c","keyframes":{"transform":["translate3d(114.24051%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] United Heat Transfer IPO shows mixed performance: 1. Revenue down 14% from FY2023 to FY2024. 2. PAT doubled in FY2024. 3. Strong expense management & operational efficiency. 4. Increased equity, NAV & RoNW; decreased liabilities. 5. Financial health remains despite revenue dip. Fundamental Analysis

Peer Comparison

[{"selector":"#anim-82cf5cdc-b805-4fc7-93a2-659650dd5c5b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.24062488616884%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-2577f5f9-c69f-4bee-9c37-055e967baaad","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b4a83b3-6256-41cd-a5d7-ad593f7d227a","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3182e626-a0a1-461a-9026-87942fea5129","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9dcc18e-e9ee-4978-8470-847c13c1ad7b","keyframes":{"transform":["translate3d(114.24051%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 1. United Heat Transfer Limited : lowest income at ₹623.85 lakhs, strong RoNW of 30.62%. 2. Patel Airtemp India Limited : income of ₹1,474.38 lakhs, RoNW of 10.33%. 3. The Anup Engineering Limited : highest income at ₹10,240.16 lakhs, NAV of ₹531.08. Peer Comparison

Objective

[{"selector":"#anim-617e7bc7-a00d-4820-b3d6-b44397b8a326 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.918749878147754%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-1dd73064-8384-4e16-87c6-784e29db7f93","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ea74880-b742-4cb2-87bd-c87a95e96f2c","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24b255b5-22d8-4e2a-b49c-8d90fb3ab1f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a35b02c7-e2a8-41a2-a7c1-859e169f85bd","keyframes":{"transform":["translate3d(114.24051%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] United Heat Transfer IPO Objective : 1. INR 5.73 crores for loan repayment. 2. INR 14 crores for working capital needs. 3. Remaining funds for: operating expenses and project development costs. Objective

Risks And Challenges

[{"selector":"#anim-5c0ead59-6aa2-4529-a0df-2be2c6ce6c2d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.24062488616884%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-ddde7352-43a9-4077-a766-11e10bddf059","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-880faadf-b3c0-436c-952c-9cecae85c47c","keyframes":{"transform":["translate3d(-115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5a762c4-862b-4192-a6dd-9b067d65fd53","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-65d9813c-a951-405d-a742-53a3762d3813","keyframes":{"transform":["translate3d(114.24051%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] United Heat Transfer IPO Risks: 1. Revenue relies on five states for 95%, increasing regional loss vulnerability. 2. Dependence on third-party transport and few key customers poses operational risks. Risks And Challenges

Check Out More IPO Review Articles

[{"selector":"#anim-29c7da9c-0cea-4d1f-ae3b-29fed6a24d65 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-48.16623895703289%, 0, 0) translate(-10.080645161290324%, -1.1610080115339332%) scale(1.2016129032258065)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-4adb6503-5ae6-4307-8adb-100cf23335a2","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04cadb6c-5e19-4049-bdeb-e160d620b7a5","keyframes":{"transform":["translate3d(84.21055%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f85b45b-f899-4838-bf17-5fba8175772f","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-680be2e5-0435-4472-a330-6a9fbbb37b42","keyframes":{"transform":["translate3d(56.00001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b93ae8db-524a-42dd-abd4-b57f4f84df35","keyframes":{"transform":["translate3d(-135.29412%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-527c0f62-46ed-43a7-9ea7-eb86067ce40d","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-8b36469a-ee38-4a05-8933-2c3c30b39951","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b2048f18-57ed-4a27-b9d7-b563af615ce2","keyframes":{"transform":["translate3d(-119.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ab3b74b-860c-4540-b22c-2ab564b13899","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9daef9e3-c451-4dd2-b269-bf4b0f44c2ed","keyframes":{"transform":["translate3d(-119.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-682ae819-c2ec-4ddd-b84e-bb8793f84056","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-543fbd5e-ebd6-40fb-a109-958a7f28663d","keyframes":{"transform":["translate3d(-119.59459%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Disclaimer *T&C Apply Open Account Now!