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Unimech Aerospace IPO

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BSE,NSE 23 December - 26 December 2024
Unimech Aerospace and Manufacturing Limited IPO is a book build issue of 500 Cr. The issue is a combination of fresh issue of 3184712 shares aggregating to 250 Cr and offer for sale of 3184712 shares aggregating to 250 Cr. Unimech Aerospace and Manufacturing Limited IPO opened for subscription on Dec 23, 2024 and closed on Dec 26, 2024. The allotment for the this IPO was finalized on Dec 27, 2024. IPO was listed on NSE and BSE on Dec 31, 2024. Unimech Aerospace and Manufacturing Limited IPO is set issue price band at ₹745 to ₹785 per share.

Current GMP

₹625 (+79.62%)

Price Band

₹ 745 – 785

Lot Size

19

Issue Size

₹500 Cr

Minimum Investment

₹14915 (19 Shares)

Listing Date

31 December 2024

Subscription

174.94x

About the Company

Unimech Aerospace and Manufacturing Limited is an engineering solutions company specializing in the manufacturing and supply of critical parts for the aerospace, defense, energy, and semiconductor industries. The company provides high-precision components such as aero tooling, ground support equipment, electro-mechanical sub-assemblies, and other complex engineered products. Unimech operates under two main capabilities: “build to print”, where it manufactures products based on client designs, and “build to specifications”, assisting clients in product design based on specifications.

The company serves global Original Equipment Manufacturers (OEMs) and their licensees, focusing on a diverse product range that includes engine lifting and balancing beams, calibration tooling, airframe platforms, engine transportation stands, and precision components. Unimech’s products are characterized by complexity and a high-mix, low-volume nature, enabling it to offer tailored solutions for each customer. Its exports make up a significant portion of its revenue, with major customers in the USA, Germany, and the UK.

Unimech’s manufacturing facilities are located in Bangalore, India, and include over 120,000 square feet of space. The company holds certifications such as AS9100D, ISO 9001, and ISO 45001:2018, ensuring adherence to stringent quality standards. The company’s manufacturing capabilities include advanced machining, assembly, testing, and electrical integration. Its products undergo various tests such as load and pressure testing, ultrasonic and die-penetrant tests, and electronic assembly.

The company is well-positioned to leverage global growth in aerospace, defense, energy, and semiconductor industries, particularly in Asia, with expanding demand for aerospace fleet and renewable energy. Unimech is also part of India's growing semiconductor industry, providing critical components for chip manufacturing.

Founded by experienced leaders, Unimech has been recognized as one of the fastest-growing aerospace companies. It continues to expand its footprint in the global supply chain, maintaining a strong focus on quality and timely delivery.

Promoters

  1. Anil Kumar P
  2. Ramakrishna Kamojhala
  3. Mani P
  4. Rajanikanth Balaraman 
  5. Preetham SV
Promoters Holding

Holding Pre Issue

91.83%

Holding Post Issue

79.82%

Objects of the Issue

Offer for Sale
The Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders and the proceeds from the Offer for Sale will not form part of the Net Proceeds

Fresh Issue
The Company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  1. Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company
  2. Funding working capital requirements of the Company
  3. Investment in the Material Subsidiary for: (i) purchase of machineries and equipment; (ii) funding its working capital requirements; and (iii) repayment / prepayment, in full or part, of certain borrowings availed by their Material Subsidiary
  4. General corporate purposes.

Address / Contact Info

Unimech Aerospace and Manufacturing Limited
538, 539, 542 & 543, 7th Main of Peenya IV
Phase Industrial Area, Yeshwanthpur
Hobli, Bangalore, North Taluk - 560058
Karnataka

Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: https://unimechaerospace.com/

IPO Snapshot

Face Value₹5 per share
Price Band₹ 745 – 785
Lot Size19
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 250.00 Cr
Offer for Sale₹ 250.00 Cr
Total Issue Size₹ 500.00 Cr
Listing AtBSE,NSE
Industry
Sector
QIB Quota19.94%
BNII Quota9.97%
SNII Quota4.99%
Retail Quota34.89%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Unimech Aerospace IPO is a Book-building IPO worth ₹500 crores. The price band is ₹745 to 785 per share. The IPO opens on Mon, Dec 23, 2024 and closes on Thu, Dec 26, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The Unimech Aerospace IPO opens on Mon, Dec 23, 2024 and closes on Thu, Dec 26, 2024

Unimech Aerospace IPO Price Band is ₹745 to 785.

Unimech Aerospace IPO lot size is 19, and the minimum amount required for application is ₹14915.

The minimum investment for Unimech Aerospace IPO is approximately ₹14915 based on the upper price band.

To apply for the Unimech Aerospace IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Dec 26, 2024. After submission, funds are blocked until the basis of allotment of Unimech Aerospace IPO is finalised.

Unimech Aerospace IPO issue size is ₹500 crores.

Unimech Aerospace IPO allotment date is Sat, Jun 27, 2026.

The registrar for Unimech Aerospace IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Unimech Aerospace IPO through their official website or helpline.

The Unimech Aerospace IPO GMP (Grey Market Premium) is ₹625 as of Tue, Dec 31, 2024. Based on the upper price band of ₹785 per share, the estimated Unimech Aerospace IPO listing price is ₹1410, indicating a potential listing gain of approximately 31% over the issue price.