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Uniparts India has debuted at Rs 575.00 on the BSE, down by 2 points or 0.35% from its issue price of Rs 577.

The scrip is currently trading at Rs 553.25, down by 23.75 points or 4.12% from its issue price. It has touched a high and low of Rs 577.00 and Rs 539.00 respectively. So far 2.58 lakh shares were traded on the counter.

The offering, which was open for subscription between November 30, 2022 and December 2, 2022 was subscribed 25.32 times. The issue price was fixed at Rs 577 per share i.e. at upper end of price band of Rs 548-577 apiece.

Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining and aftermarket sectors on account of its presence in various countries.