Uniparts India IPO: Last day to bid; Check GMP, subscription, allotment details here
Want to bid or subscribe for the initial public offer (IPO) of Uniparts India? If yes, you need to do it today, as the IPO is open for subscription and Friday, December 2, 2022 is the last day for the same. The three day public offering opened for the bidding process on November 30. The price band of the issue is in the range of Rs. 548-577 a share and the company has raised Rs. 251 crore from anchor investors ahead of its initial share sale. Also, as per market observers, Uniparts India shares are available at a premium (GMP) of Rs. 45 in the grey market today, according to a report by Live Mint.
The engineering systems and solutions provider Uniparts India was subscribed 2.02 times on the second day of the bidding process. The shares reserved for the retail investors received 2.01 times of subscription. While the NII received 3.41 times of subscription. The shares reserved for the QIB were subscribed 0.97 times.
Once the bidding process concludes, the Uniparts India IPO share allotment status will be finalised. The share allotment status is likely to be declared on December 7, while the shares of the company are expected to list on the stock exchanges- BSE and NSE on Monday, December 12, 2022. Once the share allotment status is finalised, bidders and investors of the issue will be able to check the same online.
Investors will have to visit the official website of BSE or the registrar of the IPO- Link Intime India Private Ltd, and follow the instructions thereafter. Here are the steps you can follow:
1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
2. Select the name of the company- Uniparts India IPO in the menu (will only be available after
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