United Heat Transfer Ltd - Prospectus Synopsis

United Heat Transfer Ltd

Registered Office : Plot No.F-130/131, MIDC Area, , Ambad , Nashik - 422010 , Maharashtra , India.

Phone : +91-25323 82484/5051  Fax :

Email :company.secretary@unitedheat.net    Website : www.unitedheat.net

Initial public issue of upto 50,84,000 equity shares of face value of Rs. 10/- each of United Heat Transfer Limited (UHT or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which 2,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 48,28,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.75% and 25.41%, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 56 to Rs. 59 per equity share of face value of Rs. 10 each. The Floor price is 5.6 times the face value of the equity shares and cap price is 5.9 times the face value of the equity shares. Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares.