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United Polyfab Gujarat Ltd IPO (United Polyfab IPO) Detail

May 25, 2016 - May 30, 2016

United Polyfab IPO is a fixed price issue of Rs 7.65 crores. The issue is entirely a fresh issue of 17.01 lakh shares.

United Polyfab IPO bidding started from May 25, 2016 and ended on May 30, 2016. The shares got listed on NSE SME on July 7, 2016.

United Polyfab IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000.

Corporate Strategic Allianz Ltd is the book running lead manager of the United Polyfab IPO, while Satellite Corporate Services Private Limited is the registrar for the issue.

Refer to United Polyfab IPO RHP for detailed information.

United Polyfab IPO Details

IPO Date May 25, 2016 to May 30, 2016
Listing Date July 7, 2016
Face Value ₹10 per share
Price ₹45 per share
Lot Size 3000 Shares
Total Issue Size[.] shares
(aggregating up to ₹7.65 Cr)
Fresh Issue1,701,000 shares
(aggregating up to ₹7.65 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue2,982,850
Share holding post issue4,683,850
Market Maker portion87,000 shares

United Polyfab IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹135,000
Retail (Max) 1 3000 ₹135,000
Lot Size Calculator

United Polyfab IPO Promoter Holding

The Promoters of the company are:

1. Mr. Nirmal Mittal
2. Mr. Gagan Mittal
3. Gagan N. Mittal (HUF)

Share Holding Pre Issue 61.14%
Share Holding Post Issue

About United Polyfab Gujarat Ltd

Incorporated in 2015, United Polyfab Gujarat Ltd (UPGL) is engaged in the business of trading and manufacturing of Grey Fabrics, Denim and Dyed Fabrics.

Presently company is having 42 Airjet automatic Looms having capacity to manufacture/weaving upto 688 meters grey denim/grey fabric/cotton grey fabric per day per 3 shifts Airjet automatic loom. Company operates at its average capacity of i.e. 7,00,000 meters per month.

In addition to trading and manufacturing/weaving activities, Company also does the job work of manufacturing/weaving of Grey Denim, grey fabric and cotton grey fabric.

Key Performance Indicator

Objects of the Issue (United Polyfab IPO Objectives)

The objects of the Issue are:

1. Expansion of business by setting up spinning unit;
2. Meeting Public Issue Expenses.

United Polyfab IPO Review (Avoid)

[Dilip Davda]  

Being aggressively priced IPO, only risks aver cash surplus investors may consider investment for long term.

Read detail review...

United Polyfab IPO Prospectus

United Polyfab IPO Rating

22
2.6
Rating:Rated 2.6 stars
Vote Here ...

United Polyfab IPO Listing Details

Listing Date July 7, 2016
BSE Script Code
NSE Symbol UNITEDPOLY
ISIN INE368U01011
Final Issue Price ₹45 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹45.00
₹42.50
₹42.50
₹44.00
₹44.00

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United Polyfab Gujarat Ltd Contact Details

United Polyfab Gujarat Ltd
Survey No. 238, 239, Shahwadi,
Opp. New Aarvee Denim,
Narol-Sarkhej Highway, Ahmedabad
Phone: +91 9925232824
Email: info@unitedpolyfab.com
Website: http://www.upgl.in

United Polyfab IPO Registrar

Satellite Corporate Services Private Limited

Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Website: https://www.satellitecorporate.com/ipo-query.php

United Polyfab IPO - Buy or Not

United Polyfab IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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United Polyfab IPO FAQs

United Polyfab IPO is a SME IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹7.65 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares.

The IPO opens on May 25, 2016, and closes on May 30, 2016.

Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The United Polyfab IPO opens on May 25, 2016 and closes on May 30, 2016.

United Polyfab IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.

You can apply in United Polyfab 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 United Polyfab IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the United Polyfab IPO allotment status.

The United Polyfab IPO listing date is on July 7, 2016.
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United Polyfab IPO Message Board

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5 Comments

3. DURAI GOUNDER |   Link |  Bookmark |May 26, 2016 3:29:37 PM
I lost nearly Rs 150000 in SME IPOs . only few are performing well in which we do not get allotment. BEWARE.
2. SGUPTA |   Link |  Bookmark |May 26, 2016 12:16:42 PM
Any Grey market deals in M&M Financial NCD applied yesterday.
2.1. Chintan Thaker |   Link |  Bookmark |May 26, 2016 4:55:02 PM
1000 against 5000 investment in margin funding...
2.2. D K DELHI |   Link |  Bookmark |June 4, 2016 2:35:38 PM
CHINTAN JI FUNDING ACCOUNT OPEN WITCH BROKER FIRM / BANKER
1. MahiMahi |   Link |  Bookmark |May 25, 2016 7:10:29 PM
any one have suggestion on this ipo?