The price range for Uniparts India's IPO (public offering) is set at Rs. 548-577 per share.

Engineering systems and solutions provider Uniparts India has set a price band of Rs 548-577 a share . The IPO is scheduled to open on November 29 and will feature 14,481,942 equity shares .

For its Rs 836-crore initial public offering (IPO), engineering systems and solutions provider Uniparts India reported today that it has set a price band of Rs 548-577 a share.The three-day initial share auction will open for public viewing on November 30 and conclude on December 2.The IPO is scheduled to open on November 29 and will feature 14,481,942 equity shares offered by promoter group entities and existing investors, according to the company.The public issue is expected to fetch Rs 836 crore because it is entirely an OFS, with 35 percent going to institutional investors and the remaining 15 percent to non-institutional investors.Uniparts had filed its IPO papers with Sebi in December 2018 and September 2014, respectively.

Uniparts India is a multinational manufacturer of engineered products and solutions.Due to its presence in more than 25 countries, it is one of the leading suppliers of products and components for the off-highway industry in agriculture and construction, forestry, mining, and aftermarket sectors.It is also a concept-to-supply manufacturer of precision off-highway vehicles.The company's market range includes three-point linkage systems and precision machined parts, as well as other product verticals such as power takeoff, fabrications, and hydraulic cylinders or components thereof.

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