Umiya Tubes Ltd IPO (Umiya Tubes IPO) Detail

Mar 18, 2016 - Mar 22, 2016

Umiya Tubes Ltd (UTL) is engaged in the manufacturing of stainless steel pipes and tubes that are widely used in chemical plants, dairy plants, petrochemical plants, solvent extractions, gas and oil distribution, refrigeration, railways, automobile etc.

To meet its expansion plans, raise working capital and general corpus funds, the company is coming out with a maiden IPO of 2000000 equity shares of Rs. 10 each at par to mobilize Rs. 2 crore. Issue opens for subscription on 18.03.16 and will close on 22.03.16. Minimum application is to be made for 10000 shares and in multiples thereon, thereafter. Issue is solely managed by Mehta Intigrated Finance Ltd and Purva Sharegistry (India) Pvt Ltd is the registrar to the issue. Shares will be listed on BSE SME post allotments. Post issue its current paid up equity capital of Rs. 5.4 crore will stand enhanced to Rs. 7.4 crore. All equity issues are made at par since inception.

Objects of the Issue

Te objects of the issue are:
1. Capital Expenditure Requirement for Expansion
2. Working Capital Margin
3. General Corporate Purpose
4. Public Issue Expenses

Umiya Tubes IPO Details

IPO Date Mar 18, 2016 to Mar 22, 2016
Listing Date Friday, April 1, 2016
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Issue Size2,000,000 shares of ₹10
(aggregating up to ₹2.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Umiya Tubes IPO Lot Size

The Umiya Tubes IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000

Umiya Tubes IPO Review

This being at par issue, fund surplus risk savvy investors may consider long term investment.

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Umiya Tubes IPO Prospectus

Umiya Tubes IPO Rating

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Umiya Tubes IPO Listing Date

Listing Date Friday, April 1, 2016
BSE Script Code 539798
NSE Symbol
Listing In
ISIN INE173U01015
IPO Price ₹10 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Umiya Tubes Ltd
208, 2nd Floor, Suman Tower
Sector-11, Gandhinagar-382011
Gujarat, India
Phone: +91 9033090050

Umiya Tubes IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Umiya Tubes IPO Review

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Umiya Tubes IPO FAQs

Umiya Tubes IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹2.00 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.

The IPO opens on Mar 18, 2016, and closes on Mar 22, 2016.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Umiya Tubes IPO opens on Mar 18, 2016 and closes on Mar 22, 2016.

Umiya Tubes IPO lot size is 10000 Shares and the minimum order quantity is .

You can apply in Umiya Tubes IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

The Umiya Tubes IPO listing date is on Friday, April 1, 2016.
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Umiya Tubes IPO Message Board

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1. JC MAHESHWARI |   Link |Apr 15, 2016 10:35:23 AM