Uniparts India IPO subscribed 25 times, allotment status now available

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Uniparts India IPO subscribed 25 times, allotment status now available

The shares of Uniparts India will be allocated to eligible bidders today. Uniparts India is a supplier of systems and components for the off-highway market in the agriculture and construction, forestry and mining and aftermarket sectors.

The firm's share sale was subscribed 25.32 times with strong demand from qualified institutional buyers on the final day.

The category for Qualified Institutional Buyers QIBs was subscribed 67.14 times. The initial share sale was an offer for the sale of OFS of 14,481, 942 equity shares by promoter group entities and existing investors.

Shares of Uniparts India will be listed on the NSE and BSE on December 12. Those who have bid for the IPO can check their allotment status online.

The allotment status will be declared on the official website of the registrar and on the BSE website. Link Intime India is the official registrar of Uniparts India IPO.

The lead managers were Axis Bank Limited, DAM Capital Advisors Ltd, and JM Financial Limited.

You can check your share allotment status here. Click on the drop-down menu and select the company name Uniparts India in the drop-down menu of the investor's centre section.

You can enter your PAN or application number and your PAN number in the application or application number.

A dropdown menu will appear. Uniparts India is a manufacturer of engineered systems and solutions. The company has presence in over 25 countries, which is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining CFM and aftermarket sectors.