About Company

• Uniparts India Limited (“Uniparts”) was incorporated on September 26, 1994. Uniparts is a global manufacturer of engineered systems and solutions, and it is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (“CFM”) and aftermarket sectors on account of their presence across over 25 countries.
• Uniparts is a concept-to-supply player for precision products for offhighway vehicles (“OHVs”) with presence across the value chain. Their product portfolio includes core product verticals of 3-point linkage systems (“3PL”) and precision machined parts (“PMP”) as well as adjacent product verticals of power take off (“PTO”), fabrications and hydraulic cylinders or components thereof. They have a leading presence in the manufacture of 3PL and PMP products globally on account of them serving some of the largest global companies. Most of Company’s products are structural and load bearing parts of the equipment and are subject to strict tolerances, specifications, and process controls.
• Uniparts had an estimated 16.68% market share of the global 3PL market in Fiscal 2022 in terms of value and an estimated 5.92% market share in the global PMP market in the CFM sector in Fiscal 2022 in terms of value.
• Uniparts provides replacements of 3PL parts to organized aftermarket retailers and distributors in North America, Europe, South Africa and Australia.
• In India, Uniparts has 5 manufacturing facilities, 2 at Ludhiana, 1 at Visakhapatnam, and 2 at Noida. They also have set-up a distribution facility in Noida. In the United States, they have a manufacturing, warehousing and distribution facility at Eldridge, Iowa, acquired in 2005 of Olsen Engineering LLC, now known as Uniparts Olsen Inc. (“UOI”) and a warehousing and distribution facility at Augusta, Georgia.
• In Fiscal 2022, Company’s customer base comprised over 125 customers in over 25 countries globally. Bobcat, TAFE and Kramp are some of the customers with whom they have relationships for over 15 years, while with customers like Yanmar, they have a relationship with for over 10 years.

Strengths

• Leading market presence in global off-highway vehicle systems and components segment;
• Engineering driven, vertically integrated precision solutions provider;
• Global business model optimizing cost-competitiveness and customer supply chain risks;
• Long-term relationships with key global customers, including major original equipment manufacturers;
• Strategically located manufacturing and warehousing facilities that offer scale and flexibility;
• Healthy financial position with robust financial performance metrics;
• Experienced Promoters and qualified senior management team.

Company Promoters

Company Financials

Company Financials

Objects of the Issue

• The company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.