Uniparts India IPO
Uniparts India Limited (UNIPARTS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 12 December 2022.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +11.7% (likely range +3% to +13%), day's high +19.3%, chance of a gain 82%. Actual: -0.3% at the open, 0.0% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 28,96,388 | 19,44,52,175 | 67.1x | |
| NII (HNI) total | 21,72,292 | 3,87,98,375 | 17.9x | |
| Big NII (above ₹10 lakh) | 14,48,194 | 2,81,83,150 | 19.5x | |
| Small NII (₹2-10 lakh) | 7,24,098 | 1,06,15,225 | 14.7x | |
| Retail | 50,68,680 | 2,34,51,425 | 4.63x | |
| Total | 1,01,37,360 | 25,67,01,975 | 25.3x |
Bids on NSE and BSE together, as published by NSE, as of 02 Dec 2022, 07:00 PM. Shares offered exclude the anchor portion. 7% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Uniparts India's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Syrma SGS TechnologyAug 2022 | 87.6x | 17.5x | 5.53x | 32.6x | ₹911 Cr | +18.2% | +41.8% |
| Kaynes Technology IndiaNov 2022 | 98.5x | 21.2x | 4.10x | 34.2x | ₹872 Cr | +32.5% | +33.9% |
| Home First Finance Company IndiaJan 2021 | 52.5x | 39.0x | 6.59x | 26.7x | ₹1,156 Cr | +19.5% | +23.6% |
| Bikaji Foods InternationalNov 2022 | 80.6x | 7.10x | 4.77x | 26.7x | ₹881 Cr | +7.6% | +11.6% |
| Electronics Mart IndiaOct 2022 | 62.3x | 24.5x | 12.8x | 29.4x | ₹527 Cr | +52.5% | +54.2% |
| Campus ActivewearApr 2022 | 152x | 22.3x | 7.68x | 51.8x | ₹1,400 Cr | +23.3% | +43.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| DAM Capital Advisors | 37 | +13.6% | 59% |
| JM Financial | 109 | +22.8% | 75% |
Offer documents (NSE)
Frequently asked
What is the Uniparts India IPO price band and lot size? ₹548–577 per share, with a lot of 25 shares, so the smallest retail bid is ₹14,425.
How many times has it been subscribed? 25.3x overall: QIB 67.1x, NII 17.9x, retail 4.63x.
How did it list? It opened at ₹575, -0.3% against the issue price of ₹577, and closed its first day -6.5%.
