IPO Issue Details
Issue Price / Price Band₹15 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size21,60,000 shares (aggregating up to ₹3.24 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 19 Aug 2015
Subscription CloseFri, 21 Aug 2015
Anchor AllotmentTue, 18 Aug 2015
Basis of AllotmentThu, 27 Aug 2015
Initiation of RefundsFri, 28 Aug 2015
Credit of Shares to DematFri, 28 Aug 2015
Listing DateFri, 04 Sep 2015
UPI Mandate Deadline2015-08-21
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 8,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 16,000 shares
Net Offer to Public20,48,000 shares (aggregating up to ₹3.07 Cr)
Reserved for Market Maker1,12,000 shares (aggregating up to ₹0.1680 Cr)
Pre-IPO Promoter Holding59,50,000 shares
Post-IPO Promoter Holding81,10,000 shares
About Universal Autofoundry Ltd.
Incorporated in 1971, Universal Autofoundry Limited is engaged in the manufacturing of Iron Castings. The Jaipur, Rajasthan based company manufacture castings components in Grey Iron and S.G. (Ductile) Iron, primarily for automotive sector. Castings are supplied in Machined, Semi Machined and as cast condition with surface treatment as per customer's need. Suspension Brackets, Differential housing, Hubs, Brake drum, Flywheels, Adjuster Nuts, Pulleys, Dampers, etc. are some of the items that find application in the commercial vehicle and engineering industry.Company has more than 65,000 sq. ft. size area manufacturing plant located at VKI Area, Jaipur, Rajasthan, which has an existing installed capacity of 7,800 MT p.a. for the manufacture of grey iron and ductile iron castings. It caters to the requirements of many of the major automotive and engineering goods manufacturers in India namely Ashok LeylandLimited, V E Commercial Vehicles Limited, Escorts Limited, TAFE, JCB India Ltd. etc.UAL is ISO/TS 16949:2009, ISO 14001:2004 & BS OHSAS 18001:2007 certified company.
Objects of the Issue
Universal Autofoundry Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Purchase of Plant & Machineries
2.73
2
2 General Corporate Purpose
0.16
3
3 Public Issue Expenses
0.35
Shareholding & Lock-in
Pre-IPO Promoter Holding
59,50,000 shares
Post-IPO Promoter Holding
81,10,000 shares