Unimech Aerospace and Manufacturing Limited IPO is opening on 23 December 2024 and will run until 26 December 2024. This IPO is going to raise ₹ 500 crores from a mix of fresh issues and offers for sale. The fresh issue will be of 32 lakh shares which will add up to ₹ 250 crore while the remaining ₹ 250 crore will be from offer for sale (OFS) of 32 lakh shares as well.
The allotment date for Unimech Aerospace and Manufacturing Ltd. IPO will be finalized on Friday, 27 December 2024. Unimech Aerospace and Manufacturing shares will be probably listed on NSE and BSE on Tuesday, 31 December 2024 as decided as of now.
Unimech Aerospace and Manufacturing IPO’s price band has been set between ₹745 and ₹785 per share. The minimum ipo lot size is 19 shares for retail investors, which amounts to a minimum investment of ₹14915. For sNII, the minimum number of lots they have to subscribe to is 14 or 266 shares, amounting to ₹208810, and for bNII, the minimum number of lots is 68 or 1292 shares amounting to ₹1014220.
Here Are the Quick Steps to Apply for the Unimech Aerospace and Manufacturing IPO with the Best Ipo App!
Unimech Aerospace and Manufacturing NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | December 23, 2024 |
| IPO Closing Date | December 26, 2024 |
| Tentative IPO Listing Date | December 31, 2024 |
| Face Value | ₹5 per share |
| Price Range | ₹745 to ₹785 per share |
| Lot Size | 19 shares |
| Total Issue Size | 6369424 shares (₹500 Cr) |
| Fresh Issue | 3184712 shares (₹250 Cr) |
| OFS | 3184712 shares (₹250 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE & BSE |
| Share Holding Pre-Issue | 47672170 shares |
| NII (HNI) Shares Offered | 50856882 shares |
Unimech Aerospace and Manufacturing Limited | Company Overview
Unimech Aerospace and Manufacturing Limited as the name suggests is one of the leading manufacturers of complex tools, which includes mechanical assemblies, components for aero-engines, electro-mechanical systems, airframe productions, and others.
Unimech specializes in manufacturing complex products, including “build to specifications” and “build to print” facilities. The range of manufacturing services the firm offers includes –
- Machining
- Fabrication
- Testing
- Assembly
All of these are done to create customized products as required by the clients, which are spread across the defense space, aerospace, semiconductor industry, and energy and power industry.
The company manufactured over 2356 SKUs in the tooling and precision complex sub-assemblies category between the years 2022 and 2024. In addition, it also manufactured 624 SKUs in the category of precision-machined parts. All these are supplied to over 26 different clients across seven different countries.
As of 31 March 2024, Unimech Aerospace and Manufacturing Ltd. had two manufacturing units in Bangalore, which is spread across a total area of 120000 square feet. One is in Peenya, which has an area of 30000 sq.ft. and the other is located in the SEZ zone close to the Bangalore International Airport which is spread over 90000 sq. ft. Both these two facilities are registered with ISO.
Unimech Aerospace and Manufacturing Limited IPO | Key Details
- Unimech Aerospace and Manufacturing IPO Opening Date: December 23, 2024,
- Unimech Aerospace and Manufacturing IPO Closing Date: December 26, 2024,
- Allotment Date: December 27, 2024
- Price Band: ₹745 to ₹785 per share
- Lot Size: 19 shares
- Refunds Initiated: December 30, 2024
- Shares Credited to Demat: December 30, 2024
- Listing Date: December 31, 2024
Unimech Aerospace and Manufacturing Ltd: Financial Overview
In FY24, Unimech Aerospace and Manufacturing Limited witnessed a jump of 154.84% in its profits (PAT) from a 125.21% rise in revenue. Having said that, the total borrowing only increased by 29.65% during the same period.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 175.63 | 93.34 | 82.29 | 88.16 |
| Revenue | 213.79 | 94.93 | 118.86 | 125.21 |
| Profit After Tax | 58.13 | 22.81 | 35.32 | 154.84 |
| Net Worth | 108.6 | 48.85 | 59.75 | 122.31 |
| Reserve & surplus | 86.59 | 47.8 | 38.79 | 81.15 |
| Total Borrowing | 28.86 | 22.26 | 6.60 | 29.65 |
FAQs | Unimech Aerospace and Manufacturing Ltd IPO
Unimech Aerospace and Manufacturing Ltd is engaged in manufacturing complex tools for the aerospace industry, different components, and others.
The tentative IPO listing date of Unimech Aerospace and Manufacturing has been fixed as Tuesday, December 31, 2024.
The bidding date for the Unimech Aerospace and Manufacturing IPO is December 23, 2024, and it will continue until December 26, 2024.
The minimum IPO lot size for Unimech Aerospace and Manufacturing is 19 shares. For sNII, the minimum number of lots to be purchased is 14, while for bNII it is 68 lots.
The IPO allotment is expected to be finalized on Friday, December 27, 2024.
The IPO face value is set at ₹5 per share.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.