Ultracab India Ltd IPO (Ultracab IPO) Detail

Sep 15, 2014 - Sep 23, 2014

Ultracab is Rajkot, Gujrat based manufacturers and exporters of electric wires and cables. Company exports its products to countries like UK, UAE, Africa, Singapore, Uganda etc. It also offers customized products as per requirement of user industry. It manufactures various ranges of cables and wires.

To part finance its working capital requirements, the company is coming out with an equity issue of 2214000 equity shares of Rs. 10 each at a fixed price of Rs. 36 per share to mobilize Rs. 7.97 crore.

Company Promoters:

The promoters of the Company are Nitesh Vaghasiya, Pankaj Shingala, Sangeetaben Vaghasiya, Artiben Shingala and Nitesh Vaghasiya HUF.

Objects of the Issue:

The objects of the issue are:
1. Working capital requirements
2. Issue expenses
2. For general corporate purposes

Ultracab IPO Details

IPO DateSep 15, 2014 - Sep 23, 2014
Issue TypeFixed Price Issue IPO
Issue Size2,214,000 Eq Shares of ₹10
(aggregating up to ₹7.97 Cr)
Face Value₹10 Per Equity Share
IPO Price₹36 Per Equity Share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME

Ultracab IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹108,000
Maximum13000₹108,000

Ultracab IPO Prospectus

Ultracab IPO Rating

27
3.9
Rating:Rated 3.9 stars

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Ultracab IPO Listing Date

Listing DateFriday, October 10, 2014
BSE Script Code538706
NSE Symbol
Listing InMT
ISININE010R01015
IPO Price₹36 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹36.00
₹38.00
₹38.00
₹38.70
₹38.05
120,000

Ultracab IPO Reviews / Ratings

Company Contact Information

Ultracab India Ltd
C-303, Imperial Heights,
150, Ring Road, Rajkot-05
Gujarat, India

Phone: +91 281 - 2588136 / 236
Email: ho@ultracab.in
Website: http://www.ultracab.in/

Ultracab IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email:
Website: http://www.bigshareonline.com

Ultracab IPO FAQs

  1. 1. What is Ultracab IPO?

    Ultracab IPO is a SME IPO of 2,214,000 equity shares of the face value of ₹10 aggregating up to ₹7.97 Crores.

    The issue price of the IPO is ₹36 Per Equity Share. The minimum order quantity is 3000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 15, 2014 and closes on Sep 23, 2014.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Ultracab IPO will open?

    The Ultracab IPO opens on Sep 15, 2014 and closes on Sep 23, 2014.

  3. 3. How to apply for Ultracab IPO?

    Ultracab IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Ultracab IPO allotment?

    The finalization of Basis of Allotment for Ultracab IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ultracab IPO allotment status.

  5. 5. When is Ultracab IPO listing date?

    The Ultracab IPO listing date is on Friday, October 10, 2014, at BSE SME.
  6. 6. What is the lot size of Ultracab IPO?

    Ultracab IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

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Ultracab IPO Review / Comments

Rajkot Special
4. Rajkot Special  Oct 9, 2014 21:58
Ultra cab will list tomorrow 10 october 2014 Friday on Bose some Rd.36 plus
Rajkot Special
3. Rajkot Special  Oct 3, 2014 12:02
This is Rajkot wala ipo circuit pe circuit marega
Arunachalanadar ganesan
2. Arunachalanadar ganesan  Sep 19, 2014 14:29
WHY THERE IS NO UPDATE EVEN THOUGH BOOK BUILDING STARTED 4 DAYS BEFORE
c p
1. c p  Sep 12, 2014 11:37
Sir what is the reason to avoid this IPO . even finolex cables into same business .
Bridgeplayingcat
5.1. Bridgeplayingcat  Sep 13, 2014 11:57
If you bothered to read the full review posted at /ipo/ipo_review.asp?a=2182, you would not be asking this. As far as I see, there are two major reasons

1. The price/earning of Ultracab is high vis-a-vis its peers, at around 34, vs around 20 for its peers. Finolex is trading at 16x EPS.

2. Becaof the small market cap of Ultracab, people (brokerages, funds) are less likely to buy or recommend to buy it. Thus, your stock won''t be very liquid, and may not appreciate the way you want it to.






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