United Heat Transfer IPO

Incorporated in January 1995, United Heat Transfers Limited manufactures essential equipment such as heat exchangers, pressure vessels, and process flow skids. The company's products are used in petrol and diesel engines, maritime vessels, mining trucks, and heavy machinery, among other applications. The company operates two manufacturing units in Nashik, equipped with modern infrastructure, including advanced technology and machinery that enhance productivity and efficiency. As of July 31, 2024, the Company employs approximately 105 employees at various levels on its payroll, and 127 employees on a contractual basis. Competitive Strength A diverse customer base across various continents enhances our global presence, minimizing reliance on any single market. Knowledgeable and skilled team to ensure efficient production and delivery of products. Meeting Industry Standards to ensure high quality and reliability for its customers Strategic distribution channels and location enhance customer convenience and accessibility, boosting the company's reach and sales potential.

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: Repayment of Debt; To Meet Incremental Working Capital Requirements; General Corporate Purpose.

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