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Uniparts India Ltd IPO: All You Need To Know

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Tata Technologies

The IPO for Uniparts India was scheduled to open on November 30 and end on December 2, but the exact date of allotment has not been set yet. Uniparts India Technologies’ initial public offering (IPO) aims to raise approximately ₹835 crores through the sale of up to 14,481,942 equity shares with a par value of 10 apiece and a fresh issue of [.] crores. Retail is allotted 35%, QIB 50%, and HNI 15%.

Uniparts India Ltd History and Work

In 1994, Uniparts India Limited was established. The business is an Indian manufacturer of engineering solutions and systems. They are the industry’s dominant producer of off-highway systems and parts. They run their business out of six manufacturing plants and four warehouses spread across India, Europe, and the US.

The business offers its goods to industries like agriculture, CFM (construction, forestry, and mining), as well as aftermarket. The product portfolio comprises the complementary product verticals of hydraulic cylinders, fabrications, and power take-off or their parts, as well as the complementary product categories of 3-point linkage systems (3PL) as well as precision, machined parts (PMP).

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The company’s dual-shore integrated manufacturing, warehousing, and supply chain management systems and solutions underpin their worldwide business model, which they use to service OHV players like OEMs and aftermarket retail store networks. The registered office of Uniparts India is in New Delhi, and the company has production facilities in Vishakhapatnam, Ludhiana, and Noida.

Uniparts India Ltd IPO Allotment

Investors may offer several 25 equity shares and additional multiples to purchase Uniparts India’s first public offering (IPO). For a single lot of Uniparts India, they will have to pay Rs 14,425 in the upper pricing range. Both the BSE and the NSE will list the shares.

The deadline for accepting a UPI mandate is Friday, December 2, 2022, up until 5:00 pm, the final day of IPO bidding, according to the applicants. Investors are encouraged to submit their UPI application forms in IPO well enough to avoid some last technical/systemic restrictions that may hinder their capacity to participate in IPOs by satisfactorily accepting the mandate. Further bids with the substantiated condition of mandate quantity blocked (RC100) must therefore be considered to be valid applications.

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Uniparts India Ltd Registrars and QIBs

The issue’s registrar is Link Intime India, and its book-running lead managers are JM Financial, DAM Capital Advisors, and Axis Capital.

Data from the stock markets showed that on Tuesday, Uniparts India raised more than Rs 250.68 crore from 21 anchor investors in exchange for 43,44,582 equity shares priced at Rs 577 each.

Nomura, Life Insurance Company, Bajaj Allianz, Carnelian Capital, Mahindra MF, Invesco MF, BNP Paribas, Morgan Stanley, Nippon India MF, and Aditya Birla Sun Life MF are a few of the anchor investors.

In their respective IPO documents, the research departments at Swastika Investment, Geojit Financial Services, Motilal Oswal Financial Services, and Reliance Securities rated the offer as “Subscribe.”

As per the schedule outlined in the RHP, the share allocation is most likely to happen on Wednesday, December 7, 2022, as well as the shares, are anticipated to list on Monday, December 12, 2022.

Subhashree Panda: A proficient content writer, editor, and researcher. With 4 years of experience and an MBA in finance, she crafts compelling narratives on global events. Her passion for diverse journalism genres resonates widely, fostering broad audience connections.

Net Worth

Alan Patricof Net Worth 2024: How Much is the American Investor Worth?

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Alan Patricof Net Worth 2024: How Much is the American Investor Worth?

Who is Alan Patricof?

Alan Patricof is a prominent figure in the American investment landscape, renowned for his contributions to venture capital. With a career spanning over four decades, Patricof has been instrumental in shaping the growth of numerous global companies, including America Online, Apple Computer, and Audible. His legacy extends beyond business, with involvement in community organizations and government initiatives.

Alan Patricof Career

Alan Patricof’s career in venture capital began in the industry’s early days. He founded Patricof & Co. Ventures Inc., a precursor to Apax Partners, one of the world’s leading private equity firms. Later, he established Greycroft Partners, focusing on early and expansion-stage investments in digital media. Throughout his career, Patricof’s vision and leadership have played a pivotal role in advancing the venture capital field.

Alan Patricof’s Net Worth

As of May 3, 2024, Alan Patricof’s estimated net worth stands at over $1 million. His wealth is derived from various investments, including holdings in Boston Properties Inc. and successful ventures in digital media. Despite humble beginnings, Patricof’s entrepreneurial spirit and strategic acumen have propelled him to financial success.

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Alan Patricof Age

Born in 1934, Alan Patricof is currently in his late eighties. Despite his advanced age, he remains active in the business world, leveraging his wealth of experience to mentor emerging entrepreneurs and drive innovation.

Alan Patricof Family: Wife and Children

Alan Patricof has been married to his wife Susan for over 48 years. Together, they have three children and seven grandchildren. Family holds great importance to Patricof, and he credits his upbringing and heritage for shaping his values and work ethic.

Alan Patricof Height and Weight

While specific details about Alan Patricof’s height and weight are not readily available, his stature in the investment community is undeniable. Patricof’s impact transcends physical measurements, as he continues to leave a lasting legacy in venture capital and philanthropy.

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Stephen M. Ross Net Worth 2024: How Much is the Chairperson of The Related Companies Worth?

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Stephen M. Ross Net Worth 2024: How Much is the Chairperson of The Related Companies Worth?

Who is Stephen M. Ross?

Stephen M. Ross, the Chairperson of The Related Companies, is a distinguished figure in the real estate sector, renowned for his significant contributions and profound impact. Born on May 10th, 1940, in Detroit, Michigan, Ross embarked on his journey into real estate at a young age, demonstrating remarkable diligence and entrepreneurial spirit. Despite initially pursuing a career as a tax attorney, Ross soon discovered his genuine passion for real estate investment, laying the foundation for his illustrious career.

Stephen M. Ross Career

Ross’s career trajectory is marked by pioneering ventures and transformative projects. In 1972, he founded The Related Companies, which initially focused on subsidized low and moderate-income apartments. Over the years, Ross transitioned to higher-profile projects, including the iconic Hudson Yards development, valued at over $7 billion. His visionary approach and strategic partnerships have cemented his reputation as a prominent figure within the real estate industry.

Stephen M. Ross Net Worth

As of 2024, according to Celebrity Net Worth, Stephen M. Ross’s net worth stands at an impressive $10 billion, solidifying his status as one of the wealthiest individuals globally. Ross’s wealth accumulation is attributed to his unparalleled success as a real estate mogul, with an estimated annual income of nearly $700 million derived from royalties on his diverse property holdings. His continued involvement in the real estate sector, with ongoing projects in New Jersey and Florida, further contributes to his substantial net worth.

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Stephen M. Ross Age

Currently, Stephen M. Ross is 83 years old, born on May 10th, 1940. Despite his age, Ross remains actively engaged in his professional pursuits, demonstrating resilience and dedication to his craft.

Stephen M. Ross Family: Wife and Children

Ross’s personal life is characterized by familial bonds and enduring relationships. He is happily married to Kara Ross and is the proud father of four children. Ross’s commitment to family values underscores his holistic approach to life and business.

Stephen M. Ross Height and Weight

Physically, Stephen M. Ross stands at a height of 6 feet 2 inches (1.88m) and maintains a healthy body weight of around 72 kg. Despite his busy schedule, Ross prioritizes his health and well-being, engaging in activities such as volleyball and tennis.

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Mike Markkula Net Worth 2024: How Much is the Former CEO of Apple Worth?

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Mike Markkula Net Worth 2024: How Much is the Former CEO of Apple Worth?

Who is Mike Markkula?

Mike Markkula, born Armas Clifford “Mike” Markkula Jr. on February 11, 1942, in Los Angeles, California, is an American entrepreneur renowned for his pivotal role in the early days of Apple Inc. After graduating from the University of Southern California with degrees in electrical engineering, Markkula amassed considerable wealth through stock options while working at Fairchild Semiconductor and Intel.

Mike Markkula Career

Markkula’s career trajectory took a significant turn in 1977 when he was introduced to Steve Jobs by Venture Capitalist Don Valentine. Recognizing the immense potential of the Apple II computer, Markkula became the company’s first major angel investor, providing $250,000 in funding. He subsequently served as Apple’s CEO from 1981 to 1983, overseeing critical phases in the company’s growth and development.

Mike Markkula’s Net Worth

As of 2024, according to Celebrity Net Worth, Mike Markkula boasts an estimated net worth of $1.2 billion. His wealth stems from astute investments, particularly in Apple Inc., where he played a foundational role as an early investor and executive.

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Mike Markkula Age

Born on February 11, 1942, Mike Markkula is currently [age] years old.

Mike Markkula Family: Wife and Children

Markkula is married to Linda, and together they have made significant real estate investments, including properties in Carmel Valley, Woodside, and Hawaii. They have engaged in philanthropy, with notable donations to Santa Clara University’s Markkula Center for Applied Ethics.

Mike Markkula Height and Weight

Unfortunately, information regarding Mike Markkula’s height and weight is not readily available.

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