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United Heat Transfer Limited IPO

United Heat Transfer Limited was a SME IPO in the Other Industrial Products sector, offered at ₹56–₹59 per share to raise ₹30 crore. It listed on 29 Oct 2024 at ₹61 and closed its first day at ₹64, a listing gain of +8.4% versus the ₹59 issue price. It now trades around ₹179 (+203.1% versus the issue price).

Frequently asked questions

What were the United Heat Transfer Limited IPO listing gains?
United Heat Transfer Limited listed on 29 Oct 2024 at ₹61, closing its first day at ₹64 — a listing gain of +8.4% versus the ₹59 issue price.
What was the price band and lot size of the United Heat Transfer Limited IPO?
The price band was ₹56–₹59 per share, with a minimum lot of 2,000 shares (₹1,18,000 at the upper band).
Who were the registrar and lead manager for the United Heat Transfer Limited IPO?
Link Intime India Private Limited was the registrar, and Swastika Investmart was the book-running lead manager.