Uniparts India Limited

Uniparts India Limited, incorporated in 1994, is an engineering driven, vertically integrated manufacturer of systems and components for the off-highway vehicle market, serving the agriculture, construction, forestry and mining sectors as well as the aftermarket. The company's two principal product lines are three point linkage and hitch systems used to attach implements to tractors, and precision machined parts and sub assemblies supplied to original equipment manufacturers. The company operates five manufacturing facilities in India, two in Ludhiana in Punjab, one in Visakhapatnam in Andhra Pradesh, and two in Noida in Uttar Pradesh, along with a distribution facility in Noida and manufacturing operations in the United States through its overseas subsidiaries. It counts several long standing global equipment makers among its customers, with four of its top five clients retained for more than a decade, and its products reach more than 25 countries. Uniparts holds a meaningful share of its niche global markets, estimated at roughly 14 to 17 percent of the global three point linkage segment and around 6 percent of the global precision machined parts segment within its core industry. Its Rs 835.61 crore initial public offering, which listed on the NSE and BSE in December 2022, was structured entirely as an offer for sale by the company's promoters and other selling shareholders, so the company itself did not receive any proceeds from the issue.