Unimech Aerospace IPO Details
The Unimech Aerospace IPO is a book build issue with a total issue size of ₹500 cr, comprising of fresh issue of 3184712 equity shares., and a offer for sale of 3184712 equity shares. Unimech Aerospace IPO opened for subscription on Dec 23, 2024 and closed on Dec 26, 2024. Unimech Aerospace IPO is set price band at ₹745 to ₹785 per share, with a lot size of 19 shares. Minimum investment for Retail investors was ₹14,915.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 27, 2024, and listed on both the NSE and BSE on Dec 31, 2024.
Kfin Technologies Limited has been appointed as the registrar. Anand Rathi Securities Limited and Equirus Capital Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Unimech Aerospace IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 745 – 785
- Lot Size
- 19
- Issue Size
- ₹500 Cr
- Minimum Investment
- ₹14915 (19 Shares)
- Listing Date
- 31 December 2024
Current GMP
₹625 (+79.62%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Unimech Aerospace and Manufacturing Limited
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.
Unimech Aerospace IPO Promoters
- Anil Kumar P
- Ramakrishna Kamojhala
- Mani P
- Rajanikanth Balaraman
- Preetham SV
Promoters Holding
Holding Pre Issue
91.83%
Holding Post Issue
79.82%
Unimech Aerospace IPO Objective
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:
- Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company
- Funding working capital requirements of the Company
- 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
- 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
Book Running Lead Managers
- Anand Rathi Securities Limited
- Equirus Capital Private Limited
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 with a total issue size of ₹500 crore. The Unimech Aerospace IPO price band is ₹745 to 785 per share. The Unimech Aerospace IPO subscription opens on Mon, Dec 23, 2024, and closes on Thu, Dec 26, 2024. The Unimech Aerospace IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the Unimech Aerospace IPO.
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 per share.
Unimech Aerospace IPO lot size is 19 shares, Retail investors need a minimum investment of ₹14915 based on the upper price band
The minimum investment for Unimech Aerospace IPO is ₹14915, based on one lot of 19 shares at the upper price band of ₹785 per share.
Investors can apply for the Unimech Aerospace IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Dec 26, 2024. The application amount remains blocked until the Unimech Aerospace IPO allotment is finalized.
Unimech Aerospace IPO issue size is ₹500 crores.
Unimech Aerospace IPO allotment date is Wed, Jul 1, 2026.
The registrar for Unimech Aerospace IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Unimech Aerospace IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.