Business Standard

Universal Autofoundry Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

3.24 cr

Price Range (₹)

15

Lot Size

8000

Min Investment (₹)

1,20,000.00

Listing Exchange

BSE - SME

Open Date

19-Aug-2015

Close Date

21-Aug-2015

Listing Date

04-Sept-2015

Universal Autofoundry Ltd News

    The Shares of Universal Autofoundry Ltd have now been listed.

    Universal Autofoundry Ltd IPO Details

    Public issue of 21,60,000 equity shares of face value of Rs. 10.00 each of Universal Autofoundry Limited (The Company or The Issuer) for cash at a price of Rs. 15.00 per equity share (including a share premium of Rs. 5.00 per equity share) (Issue price) aggregating to Rs. 3.24 crores (The Issue), of which 1,12,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 15.00 per equity share, aggregating to Rs. 0.17 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 20,48,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 15.00 per equity share aggregating to Rs. 3.07 crores (Net Issue). The issue and the net issue will constitute 26.63% and 25.25%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 15.00. The issue price is 1.50 times of the face value.

    Objective of issue

    Expansion of manufacturing facilities. General corporate purpose.

    Universal Autofoundry Ltd Contact Details

    Universal Autofoundry Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@ufindia.com; support@ufindia.com

    Website - www.ufindia.com