United Heat Transfer IPO Allotment Date Expected Today: Latest GMP & How to Check Status Online

United Heat Transfer’s IPO saw strong demand from investors, and now they’re eagerly awaiting the share allotment. The allotment is expected to be finalized today, October 25. This SME IPO was open for bidding from October 22 to October 24, with a likely listing date of October 29.

Investors who applied can check their IPO allotment status online through the NSE website or via the IPO registrar, Link Intime India Private Ltd.

The shares are expected to be credited to successful applicants’ demat accounts on October 28, with refunds for non-allottees also likely on that day.

How to Check United Heat Transfer IPO Allotment Status on Link Intime:

1. Go to the IPO registrar’s website: Link Intime
2. In the “Select Company” dropdown, choose ‘United Heat Transfer Limited.’
3. Select one of these options: PAN, Application Number, DP ID, or Account Number.
4. Enter the necessary details.

Once these steps are completed, your IPO allotment status will appear on the screen.

United Heat Transfer IPO GMP (Grey Market Premium) Today

In the grey market, United Heat Transfer shares are currently trading at a premium of ₹20 per share over the issue price. This indicates that, based on the grey market, the shares could list around ₹79 each, which is 33.9% above the IPO price of ₹59 per share.

Key Details of the United Heat Transfer IPO

The IPO, which opened on October 22 and closed on October 24, raised ₹30 crore through a fresh issue of 50.84 lakh shares. The IPO price band was set at ₹56 to ₹59 per share.

The public issue saw strong demand, with an overall subscription of 83.70 times. The retail category was subscribed 98.93 times, the Qualified Institutional Buyers category 26.56 times, and the Non-Institutional Investors (NII) category 124.72 times.

Swastika Investmart Ltd served as the book running lead manager for this IPO, and Link Intime India Private Ltd acted as the IPO registrar.