Uniparts India IPO: 7 Important Points To Remember

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Uniparts india
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Uniparts India IPO: Manufacturer of engineered systems and solutions, was founded in 1994. With a presence in more than 25 countries, the company is one of the top suppliers of systems and parts for the off-highway industry in the agriculture, construction, forestry, and mining (“CFM”) and aftermarket sectors. The company is set to debut in Indian stock market on Dec 12 2022. 

Uniparts India IPO Details 

Uniparts IPO Dates 30 November – 2 December 2022 
Uniparts IPO Price Coming soon 
Fresh issue Nil 
Offer For Sale 14,481,942 shares 
Total IPO size 14,481,942 shares 
Minimum bid (lot size) NA 
Face Value  INR 10 per share 
Retail Allocation 35% 
Listing On NSE, BSE 

Uniparts India IPO Tentative Dates 

Event Tentative Date 
Opening Date Nov 30, 2022 
Closing Date Dec 2, 2022 
Basis of Allotment Dec 7, 2022 
Initiation of Refunds Dec 8, 2022 
Credit of Shares to Demat Dec 9, 2022 
Listing Date Dec 12, 2022 
Dharmraj Ipo Details: GMP, Issue Price, Issue Size

Uniparts India IPO Industry Overview 

India’s tractor market, which is still relatively young by global standards, has grown extraordinarily rapidly in recent years. Since Independence, mid-sized tractors with engines rated at 30–40 HP have dominated the market. However, it has become more diverse recently, as evidenced by the increased demand for both larger (above 50 HP) and smaller (below 20 HP) tractors. The need for tractors of various sizes and utility levels will inevitably rise due to the growing need for greater precision in agricultural operations, particularly in regions where intensive multi-crop farming is practised. 

Uniparts India IPO

With a regular monsoon forecasted to lead to robust growth for the agricultural cycle and increased farmer sentiment, tractor output is predicted to increase by 5.6% in 2022. Tractor demand for agriculture has greatly increased as a result of the government’s increased attention on rural operations. However, rising tractor prices along with price increases implemented by OEMs as a result of rising commodity inflation will have an impact on attitudes in the upcoming year. Credit availability is stable, with NBFCs sharpening their focus on financing for tractors. 

Uniparts India IPO Company Overview 

The company’s product portfolio consists of adjacent product verticals such as fabrications, power take-off, and hydraulic cylinders or components, as well as core product verticals such as 3-point linkage systems (3PL) and precision machined parts (“PMP”). With a presence across the value chain, Uniparts is a concept-to-supply player for precision goods for off-highway vehicles (OHVs). 

Uniparts India LTD IPO

It now operates two production sites in Ludhiana, Punjab, India, with a combined built-up area of about 216,603.00 square feet and an overall area of about 4.47 acres. It has enlarged one of the sites in Ludhiana, Punjab, enabling it to serve local businesses as well.   Additionally, it expanded its total production operations thereafter after leasing additional space in Ludhiana, Punjab. 

Uniparts India IPO Objectives 

The funds will be used for the following objectives: 

The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders. 

Uniparts India IPO Financials 

Operational & Financial Ratios
   Earnings Per Share (Rs)27.189.733.535.253.27
   CEPS(Rs)32.7815.299.089.446.69
   DPS(Rs)9.000.000.001.200.00
   Book NAV/Share(Rs)89.4071.1060.3758.9054.77
   Tax Rate(%)18.6022.53-1.6520.8332.86
Margin Ratios
   Core EBITDA Margin(%)15.3011.368.168.205.77
   EBIT Margin(%)17.2610.334.996.305.15
   Pre Tax Margin(%)16.889.472.884.534.08
   PAT Margin (%)13.747.342.933.592.74
   Cash Profit Margin (%)16.5711.547.536.455.60
Performance Ratios
   ROA(%)20.698.002.834.313.10
   ROE(%)33.8714.805.939.246.16
   ROCE(%)33.0713.985.749.277.25
   Asset Turnover(x)1.511.090.971.201.13
   Sales/Fixed Asset(x)2.281.601.532.602.52
   Working Capital/Sales(x)5.737.1416.6115.2321.06
Efficiency Ratios
   Fixed Capital/Sales(x)0.440.630.650.380.40
   Receivable days57.2862.0763.1753.9059.56
   Inventory Days59.8380.8792.0273.5172.21
   Payable days68.2175.5864.7769.3279.77
Valuation Parameters
   PER(x)0.000.000.000.000.00
   PCE(x)0.000.000.000.000.00
   Price/Book(x)0.000.000.000.000.00
   Yield(%)
   EV/Net Sales(x)0.150.240.400.390.37
   EV/Core EBITDA(x)0.741.694.134.294.62
   EV/EBIT(x)0.862.377.936.247.08
   EV/CE(x)0.210.260.400.440.38
   M Cap / Sales0.000.000.000.000.00
Growth Ratio
   Net Sales Growth(%)49.309.91-17.6323.4028.57
   Core EBITDA Growth(%)106.5966.53-13.8141.841.58
   EBIT Growth(%)149.60127.60-34.8249.580.40
   PAT Growth(%)179.44175.23-32.7560.58-12.01
   EPS Growth(%)179.44175.23-32.7560.58-12.01
Financial Stability Ratios
   Total Debt/Equity(x)0.230.330.640.850.62

Uniparts India LTD Strengths 

  • Leading market presence in global off-highway vehicle systems and components segment 
  • Engineering driven, vertically integrated precision solutions provider 
  • Global business model optimizing cost-competitiveness and customer supply chain risks 

Uniparts India LTD Weaknesses 

  • Depends on a limited number of customers for a significant portion of our revenues 
  • Unable to accurately forecast demand for its products 
  • Availability and cost of raw materials and labour may adversely affect its business, financial condition, results of operations and prospects. 

Company Contact Information

Uniparts India Limited
Gripwel House, Block – 5,
Sector C6 &7, VasantKunj
NewDelhi 110070
Phone: + 91 120 458 1400
Email: compliance.officer@unipartsgroup.com
Websitehttps://www.unipartsgroup.com/

Uniparts India IPO Registrar


Phone: +91-22-4918 6270
Email: uniparts.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Uniparts India IPO Lead Manager(s)

  1. Axis Bank Limited (Past IPO Performance)
  2. DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd) (Past IPO Performance)
  3. JM Financial Limited (Past IPO Performance)

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