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Umiya Tubes Ltd IPO (Umiya Tubes IPO) Detail

March 18, 2016 - March 22, 2016

Umiya Tubes IPO is a fixed price issue of Rs 2.00 crores.

Umiya Tubes IPO bidding started from March 18, 2016 and ended on March 22, 2016. The shares got listed on BSE SME on April 1, 2016.

Umiya Tubes IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Mehta Integrated Finance Ltd is the book running lead manager of the Umiya Tubes IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue.

Refer to Umiya Tubes IPO RHP for detailed information.

Umiya Tubes IPO Details

IPO Date March 18, 2016 to March 22, 2016
Listing Date April 1, 2016
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size2,000,000 shares
(aggregating up to ₹2.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue5,400,000
Share holding post issue7,400,000

Umiya Tubes IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

About Umiya Tubes Ltd

Umiya Tubes Ltd (UTL) is engaged in the manufacturing of stainless steel pipes and tubes that are widely used in chemical plants, dairy plants, petrochemical plants, solvent extractions, gas and oil distribution, refrigeration, railways, automobile etc.

To meet its expansion plans, raise working capital and general corpus funds, the company is coming out with a maiden IPO of 2000000 equity shares of Rs. 10 each at par to mobilize Rs. 2 crore. Issue opens for subscription on 18.03.16 and will close on 22.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. Issue is solely managed by Mehta Intigrated Finance Ltd and Purva Sharegistry (India) Pvt Ltd is the registrar to the issue. Shares will be listed on BSE SME post allotments. Post issue its current paid up equity capital of Rs. 5.4 crore will stand enhanced to Rs. 7.4 crore. All equity issues are made at par since inception.

Objects of the Issue (Umiya Tubes IPO Objectives)

Te objects of the issue are:
1. Capital Expenditure Requirement for Expansion
2. Working Capital Margin
3. General Corporate Purpose
4. Public Issue Expenses

Umiya Tubes IPO Review (Apply)

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This being at par issue, fund surplus risk savvy investors may consider long term investment.

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Umiya Tubes IPO Prospectus

Umiya Tubes IPO Rating

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Umiya Tubes IPO Listing Details

Listing Date April 1, 2016
BSE Script Code 539798
NSE Symbol
ISIN INE173U01015
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹10.00
₹10.50
₹10.00
₹10.60
₹10.45

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Umiya Tubes Ltd Contact Details

Umiya Tubes Ltd
208, 2nd Floor, Suman Tower
Sector-11, Gandhinagar-382011
Gujarat, India
Phone: +91 9033090050
Email: info@umiyatubes.com
Website: http://www.umiyatubes.com/

Umiya Tubes IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: busicomp@vsnl.com
Website: https://www.purvashare.com/investor-service/ipo-query

Umiya Tubes IPO - Buy or Not

Umiya Tubes IPO Recommendation Summary

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Umiya Tubes IPO FAQs

Umiya Tubes IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on March 18, 2016, and closes on March 22, 2016.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Umiya Tubes IPO opens on March 18, 2016 and closes on March 22, 2016.

Umiya Tubes IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

You can apply in Umiya Tubes IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Umiya Tubes IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Umiya Tubes IPO allotment status.

The Umiya Tubes IPO listing date is on April 1, 2016.
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1 Comments

1. JC MAHESHWARI |   Link |  Bookmark |April 15, 2016 10:35:23 AM
FULL ALLOTMENT SEEM MISCOMUNICATION