United Heat Transfer IPO

United Heat Transfer Ltd

₹1,12,000 /2000 sharesMinimum Investment

United Heat Transfer IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
22 Oct ‘24 - 24 Oct ‘24₹1,12,0002,000₹56 - ₹59
Issue SizeIPO Doc
30.00Cr
RHP PDF

Subscription rate

As of 22 Oct'24, 06:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total2.40054794520548x

About United Heat Transfer

United Heat Transfer manufactures shell and tube heat exchangers, air-cooled heat exchangers, pressure vessels, and process flow skids. These products find applications in petrol and diesel engines, railway engines, maritime engines, and various vessels and vehicles such as cruise and cargo ships, ferries, pleasure boats, marine diesel, mining trucks, mega yachts, heavy trucks, freighters, trawlers, heavy haulages, power generation sets, supertankers, and off-highway engines. The company’s product line also consists of engine jacket water heat exchangers with expansion tanks, marine heat exchangers, and moisture separators, among others. The company operates two manufacturing facilities located in Nashik, Maharashtra.;
Founded in
1995
Managing director
Mr. Yogesh Vishwanath Patil
Parent organisation
United Heat Transfer Ltd

Strengths & Financials of United Heat Transfer

Strengths
Risks
United Heat Transfer claims that the company produces heat transfer equipment that complies with multiple industry standards, including TEMA (Tubular Exchanger Manufacturers Association), ASME Section VIII Div. 1 and Div. 2 for unfired pressure vessels, API 660 and 661, and NES standards.
The company is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, and ISO 45001:2018 certified for occupational health and safety management systems. It is also accredited with the ASME ‘U’ Stamp, ‘R’ Stamp, and ‘NB’ Stamp for the design, inspection, fabrication, and repair of heat exchangers and pressure vessels, along with an HTRI certification for heat exchanger design and analysis.
United Heat Transfer claims that the company’s manufacturing capabilities are supported by a modern infrastructure that includes cutting-edge technology and machinery, which enhances both productivity and efficiency.
The company has recorded a consistent rise in profit after tax (PAT) over the last few years. PAT increased from Rs 1.53 crore in FY22 to Rs 2.11 crore in FY23 to Rs 6.24 crore in FY24.

United Heat Transfer Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of United Heat Transfer IPO

Apply asPrice bandApply upto
Regular56 - 59₹2 Lakh
High Networth Individual56 - 59₹2 - 5 Lakh
For United Heat Transfer IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.4.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW