Incorporated in January 1995, United Heat Transfer Limited has established itself as a leading manufacturer of specialized heat transfer equipment. The company produces a diverse range of products, including shell and tube heat exchangers, air-cooled heat exchangers, pressure vessels, and process flow skids. These critical components are integral to a variety of industries, including automotive, maritime, and power generation, supporting applications in petrol and diesel engines, railway engines, marine vessels, heavy trucks, and more. United Heat Transfer Limited is committed to excellence, adhering to stringent industry standards such as TEMA and ASME, ensuring that its products meet the highest quality benchmarks.The company’s strength lies in its exceptional craftsmanship and the engineering expertise of its skilled team.
The company continually invests in technological innovation, enhancing its product offerings to meet the evolving needs of the national and multinational OEM markets. United Heat Transfer Limited operates two state-of-the-art manufacturing facilities located in Nashik, a city known for its industrial growth. The primary facility at Ambad MIDC and a second unit at Talegaon Dindori cover 13 acres, providing an efficient and resource-rich environment for production. These strategically located facilities ensure easy access to logistics and transportation, enabling timely delivery of products to customers. Equipped with advanced technology and a skilled workforce, the facilities are designed to enhance productivity while maintaining high standards of quality and efficiency.
The company sources raw materials from a robust network of suppliers, both domestically across several Indian states and internationally from countries like Italy and the UK. United Heat Transfer Limited is adept at providing customized products tailored to specific client requirements, demonstrating flexibility and responsiveness. This commitment to customer satisfaction is further bolstered by significant engagement from senior management, ensuring that any concerns are addressed promptly. With a focus on quality, design compatibility, and on-time delivery, United Heat Transfer Limited stands out as a versatile and reliable choice for heat transfer solutions in the industry.
IPO Timeline
Application start: 22-10-2024
Application end: 24-10-2024
Allotment begins: 25-10-2024
Refund Initiation: 28-10-2024
Allotment date: 28-10-2024
Listing on Exchange: 29-10-2024
United Heat Transfer Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives. They are:
- Repayment of Debt
- To Meet Incremental Working Capital Requirements
- General Corporate Purpose.
You can now apply for the United Heat Transfer IPO on Upstox. Click here.