Unimech Aerospace IPO: Everything You Need to Know about Price Band, GMP, Lot Size

The Unimech Aerospace IPO is making waves in the minds of investors as one of the most eagerly awaited IPOs of December 2024. This IPO offers a great opportunity for retail and institutional investors alike with its strong financials and niche market expertise.

What is Unimech Aerospace IPO?

Unimech Aerospace IPO The book-built issue IPO is meant to raise Rs 500 crore, using a combination of the fresh issuance of equity and OFS. This IPO offers an opportunity for investors to invest in a company that specializes in high-precision engineering solutions meant for industries like aerospace, defense, semiconductors, and energy.

• Fresh Issue: 0.32 cr shares aggregating Rs 250 cr.
• Offer for Sale: 0.32 crore shares amounting to Rs 250 crore

Unimech Aerospace IPO Date and Time:

December 23, 2024, to December 26, 2024. The allotment date would be December 27, 2024. The listing date is scheduled on or after December 31, 2024.

Unimech Aerospace IPO Details: Key Dates and Price Band

Why Invest in Unimech Aerospace IPO?

Competitive Strengths of Unimech Aerospace

Specialized Manufacturing: High precision in engineering solutions, a competitive advantage.

Global: Global reach to 7 countries through exports with a solid and diversified client base across critical sectors

Experienced Leadership: Significant experience in the aerospace and defense industry with a proven track record of management.

High Market Entry Barriers: Limited competition because the market is niche.

Financial Highlights of Unimech Aerospace

Unimech Aerospace has shown fantastic growth over the last few years and has become a pretty attractive investment opportunity.

Revenues rose by 125% between FY 2023 and FY 2024.

PAT rose by 155% over the same time period.

Who Can Apply for Unimech Aerospace IPO?

Reservation and Investment Limits

Reservation Limits

• Qualified Institutional Buyers (QIBs): Not more than 50% of the net offer.
• Retail Individual Investors (RIIs): Less than 35% of the offer.
• Non-Institutional Investors (NIIs): Less than 15% of the net offer.

Investment Limits

• Retail Investors: Up to Rs 2 lakh per application.
• sNII: Between Rs 2 lakh and Rs 10 lakh.
• bNII: Above Rs 10 lakh.

About Unimech Aerospace and Manufacturing Limited

Unimech Aerospace, established in 2016, focuses on complex tooling and component manufacturing for the aerospace, defense, energy, and semiconductor sectors. With two state-of-the-art manufacturing facilities in Bangalore, the company caters to over 26+ customers worldwide in 7 countries.

Products

• Aero Engine Tooling
• Oil tubes and radial centering support, lifting beams for engines.
• Airframe Tooling
• Drill jigs, assembly platforms.
• Precision Parts
• Missile components.
• Precision Sub-Systems
• Rocker arms.

Objectives of the Unimech Aerospace IPO

The funds raised will be utilized for:

1. Expanding manufacturing capacity through the purchase of new machinery.
2. Meeting working capital requirements to support growth.
3. Investing in material subsidiaries for future expansions.
4. General corporate purposes to strengthen the financial position.

Unimech Aerospace IPO: Price Band and Lot Sizes

Unimech Aerospace IPO Promoter Holding

• Pre-Issue Holding: 91.83%
• Post-Issue Holding: [To be updated after allotment]

Promoters include Anil Kumar P, Ramakrishna Kamojhala, and Preetham SV.

Here comes the Unimech Aerospace IPO, which is again a unique opportunity for all investors to be part of a high-growth, niche market. The organization has strong financials with advanced manufacturing capabilities and a global client base, hence making it an attractive one for investment. Don't miss this chance to add a promising IPO in aerospace and defense to your diversified portfolio.

Follow our platform, IPO Ji, to get more insights into this IPO and other upcoming offers.

FAQs about Unimech Aerospace IPO