UE Press Tools Ltd.
SMENSETBA
TBA
1 Shares
TBA
₹10
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 155 |
| 2 | To pay or repay, in full or in part of certain outstanding secured | 146.5 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Offered to Public
60,30,000
shares
About the Company
We are engaged in providing tooling (Sheet Metal Stamping) solutions based on customer-specific requirements. In addition, we are engaged in the manufacture and supply of precision-engineered sheet metal components, which are used to support, hold, or connect different parts of a vehicle, including press parts, stamped parts, sub-assembly parts and structural components. The scrap generated is recovered and disposed of through sale, thereby contributing to additional revenue generation for the Company. Our Company manufactures a diversified range of automotive components, including anchors, brackets, buckle straps, levers, retractor frames, head rest tubes and injection moulded parts. These products are primarily used in vehicle safety systems like seat belt and air bags, steering systems and various structural applications. Our product portfolio also includes components such as sunroof assemblies, fender and bonnet components for tractor applications, and fuel tank covers and cabin components for excavator applications. In addition, we manufacture sub-assemblies and structural components utilized in seating systems, window mechanisms, radiator assembly and other automotive applications. Further, our Company is engaged in the manufacturing of injection moulding parts used in steering columns, seat recliner mechanisms and seat belt systems.
Use of Proceeds
1. Funding of working capital requirements of our Company. 2. To pay or repay, in full or in part of certain outstanding secured borrowings availed by our Company 3. General corporate purposes
UE Press Tools Ltd. Latest News
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IPO FAQs
The for the UE Press Tools Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.