-- / 25 shares
548 - 577
₹ 835.61 Cr
548 - 577
Retail Gain/Listing Gain
Uniparts India Limited is a global manufacturer of engineered systems & solutions and is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (CFM) and aftermarket sectors with a presence across over 25 countries. The company is a concept-to-supply player for precision products for off-highway vehicles (OHVs) with presence across the value chain.
Uniparts India’s product portfolio includes core product verticals of 3-point linkage systems (3PL) and precision machined parts (PMP) as well as adjacent product verticals of power take off (PTO), fabrications and hydraulic cylinders or components thereof. The company has a leading presence in the manufacture of 3PL and PMP products globally on account of its serving some of the largest global companies.
Most of the company’s products are structural and load bearing parts of the equipment and are subject to strict tolerances, specifications and process controls. A series of precision engineering process steps converge in to manufacturing of these products. The company had an estimated 16.68% market share of the global 3PL market in Fiscal 2022 in terms of value, and an estimated 5.92% market share in the global PMP market in the CFM sector in Fiscal 2022 in terms of value.
It also caters to the aftermarket segment especially for 3PL product range, with replacements of 3PL parts to organized aftermarket retailers and distributors in North America, Europe, South Africa and Australia.
In India, the company has five manufacturing facilities: two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh. It has also set-up a distribution facility in Noida, Uttar Pradesh. In the United States, the company has a manufacturing, warehousing and distribution facility at Eldridge, Iowa and a warehousing and distribution facility at Augusta, Georgia. The company has also set up a warehousing and distribution facility in Hennef, Germany, which serves as its base for serving key European customers.
In fiscal 2022, the company’s customer base comprised over 125 customers in over 25 countries globally.
Here are a few strategies Uniparts India Limited has for its business:
Leverage integrated precision engineering capabilities and established global business model
Focus on higher value addition products and enhanced service offerings
Target new customer accounts and expand existing customer accounts
Enhance engineering, innovation and design competence
Grow inorganically through strategic acquisitions and alliances
And finally here’s a look at key financials of Uniparts India Limited.
Particulars (in Rs. million)
How to apply for IPO through ASBA
The Uniparts India Limited IPO has an issue size of Rs. 835.6 crore. The IPO opens for subscription on 30th November, and ends on 2nd December.
The allotment dates are yet to be announced.
Link Intime India Private Limited is the registrar for this IPO.