2022 has been a very slow year in terms of IPOs. But the IPO of Uniparts India Limited, which is going to open from tomorrow, can give you tremendous income at the end of the year. Know how…
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If you have made up your mind to invest in an IPO, then it is going to open for you from tomorrow. Uniparts India Limited of IPO There can be a great opportunity to earn. Now you will think how can we say this, sir, it is not us but gray market (Grey Market Premium Trend) I am telling the premium trend running on the company’s stock.
Top trends in GMP
If we look at the trend of company share in gray market, then the GMP of Uniparts India Ltd. (Uniparts India Limited GMP) 140 is made of Rs. The company has fixed its price band for the IPO. (Uniparts India Limited IPO Price Band) where Rs 548 to 577 has been fixed. At the same time, it is expected to be listed at Rs 717 in the gray market.
That is, if your number is included in the lot size of the IPO and the company’s stock is listed as per GMP, then you will get more than 24 percent profit on your investment in one stroke.
However, we also have one advice to you that before investing, you must consult an expert, because investing in the stock market is risky. On the other hand, the GMP of a stock is not its actual listing price but an estimate.
Uniparts IPO is so big
The IPO of Uniparts India Limited is worth about Rs 835.61 crore. In this, the company will offer for sale more than 1.4 crore shares with a face value of Rs 10 each. The size of one lot is 25 shares.
The company’s IPO will open on 30 November 2022 and close on 2 December 2022. The shares in the demat account of successful people are expected to be credited by December 9, while the shares of the company will be listed on December 12, 2022.
Uniparts works in engineering sector
Uniparts India Limited operates in the Engineering Systems and Solutions sector. It was established in 1994 and has two manufacturing units at Ludhiana in Punjab, one at Visakhapatnam in Andhra Pradesh and two at Noida in Uttar Pradesh.
Apart from this, the company also has a manufacturing, warehousing and distribution facility in Eldridge, Iowa. This was achieved by the company in 2005 with the acquisition of Olsen Engineering LLC.
English Headline : Uniparts India Limited IPO will open tomorrow GMP shows amazing income on investment.
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