Offer Date | Dec 23 - Dec 26, 2024 |
Offer Price | ₹ 745-785 |
Lot Size | 19 |
Please login to Apply IPO
Unimech Aerospace and Manufacturing Limited IPO
Mainboard Pre-ApplyOffer Date: Dec 23, 2024 - Dec 26, 2024
Exp. Premium: 420-425 (53.5%)
₹ 14915 /19 Shares
Pre-Apply*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Unimech Aerospace and Manufacturing IPO Details
23 Dec, 2024
Open Date26 Dec, 2024
Close Date27 Dec, 2024
Allotment Date31 Dec, 2024
Listing DateIssue Price
₹745-785 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedMarket Lot
Retail : 19 Shares (₹14,915/-)S-HNI : 266 Shares (₹2,08,810/-)
B-HNI : 1,292 Shares (₹10,14,220/-)
Lead Manager
Anand Rathi Securities LimitedEquirus Capital Private Limited
Issue Size
Total ₹500.00 Cr :#Fresh Issue : 31,84,712 shares(aggregating up to ₹250.00 Cr) +
#OFS : 31,84,712 shares of ₹5(aggregating up to ₹250.00 Cr)
Retail Portion
35% (Number of Retail Applications: 1,16,980 Approx),(Number of S-HNI Applications : 1,194 Approx),
(Number of B-HNI Applications : 2,387 Approx)
Subscription
N/A timesUnimech Aerospace and Manufacturing Valuations
EPS Pre IPO
₹12.19/-EPS Post IPO
₹15.21/-P/E Pre IPO
64.37P/E Post IPO
51.61RoNW
53.53%Unimech Aerospace and Manufacturing Company Financials All values are in ₹ Cr.
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 175.63 | 93.34 | 56.88 |
| Revenue | 213.79 | 94.93 | 37.08 |
| Profit After Tax | 58.13 | 22.81 | 3.39 |
About The Company
Unimech Aerospace Limited is a world leader in high-precision engineering solutions that specialize in 'build to print' and 'build to specifications' models. It serves the aerospace, defense, energy, and semiconductor industries with products like engine lifting beams, calibration tooling, ground support equipment, airframe platforms, and precision components.
The 2,356 tooling SKUs and 624 precision machined parts were shipped during the period of Fiscal 2022-2024, reaching 26 customers across 7 countries. With an order book worth INR 99.24 crore as of June 30, 2024, and two advance Bangalore manufacturing units covering an area of 1,20,000 sq. ft., the company maintains timely delivery within 4-16 weeks.
With Unimech Aerospace and high-precision engineering, innovations and excellence are maintained while strengthening its position in that very sector.
Unimech Aerospace and Manufacturing - Strength and Weakness
Strength
Unimech Aerospace has advanced manufacturing capabilities and it is capable of delivering high precision engineering solutions.
It is a digital-first manufacturing company with a robust infrastructure facilitating seamless integration of operations. It deploys a range of digital manufacturing systems that integrate the complete process from order origination to order delivery.
The company claims it is the fastest growing company, having recorded the highest revenue growth among peers in terms of compounded annual growth rate (CAGR) between FY 2022-23 and FY 2024-25.
Weakness
The business has a longer gestation period wherein, there is considerable time gap of 7 to 28 weeks between the receipt of order and the payment, thereby affecting the company’s working capital requirements.
The company’s business is dependent on exports and the performance of geographies where it supplies its products. Any adverse changes in the conditions affecting the industries in global markets, including the key markets such as the US and Germany, can adversely impact Unimech Aerospace.
The company is dependent on our top five customers who contributed 96.8% to its total revenue from operations in fiscal 2024. Loss of any of these customers or a significant reduction in purchases by any of them could adversely affect its business.
Unimech Aerospace and Manufacturing - Promoter(s)
Pre Issue Share Holding: 91.83
Post Issue Share Holding: N/A%
Company Promoter(s)
- Anil Kumar P
- Ramakrishna Kamojhala
- Mani P
- Rajanikanth Balaraman
- Preetham SV
Unimech Aerospace and Manufacturing IPO - Issue Objectives
- 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.
- 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
Unimech Aerospace and Manufacturing IPO - Anchor Investors
Unimech Aerospace raises over Rs 149 crore via anchor book.
The asset management companies participated in the anchor book of Unimech Aerospace IPO are ICICI Prudential Mutual Fund, Axis Mutual Fund, Tata Mutual Fund, HSBC MF, Motilal Oswal AMC, Edelweiss, and Bandhan Mutual Fund.
Apart from fund houses, other global and domestic institutional investors like Goldman Sachs, Ashoka India Equity Investment Trust, Sunil Singhania's Abakkus Diversified Alpha Fund, Copthall Mauritius, Clarus Capital, VQ Fastercap Fund, Kotak Mahindra Life Insurance, and Natixis International Funds also invested in the company via anchor book.
The asset management companies participated in the anchor book of Unimech Aerospace IPO are ICICI Prudential Mutual Fund, Axis Mutual Fund, Tata Mutual Fund, HSBC MF, Motilal Oswal AMC, Edelweiss, and Bandhan Mutual Fund.
Apart from fund houses, other global and domestic institutional investors like Goldman Sachs, Ashoka India Equity Investment Trust, Sunil Singhania's Abakkus Diversified Alpha Fund, Copthall Mauritius, Clarus Capital, VQ Fastercap Fund, Kotak Mahindra Life Insurance, and Natixis International Funds also invested in the company via anchor book.
Other Details
Company Contact Details
Unimech Aerospace and Manufacturing
538, 539, 542 & 543,, 7 th Main of Peenya IV Phase Industrial Area, Yeshwanthpur Hobli, Bangalore North Taluk - 560058Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: https://unimechaerospace.com/
Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com
Unimech Aerospace and Manufacturing IPO - FAQs
Ans. Unimech Aerospace and Manufacturing Limited IPO is a Mainboard IPO. The issue is priced at ₹745-785 per equity share. The minimum order quantity is 19 Shares. The IPO opens on Dec 23, 2024, and closes on Dec 26, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Unimech Aerospace and Manufacturing Limited IPO opens on Dec 23, 2024 and closes on Dec 26, 2024.
Ans. The size of Unimech Aerospace and Manufacturing Limited IPO is Total ₹500.00 Cr : #Fresh Issue : 31,84,712 shares(aggregating up to ₹250.00 Cr) + #OFS : 31,84,712 shares of ₹5(aggregating up to ₹250.00 Cr).
Ans. The IPO price band is set between ₹745-785 per equity share.
Ans. To apply for Unimech Aerospace and Manufacturing Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Unimech Aerospace and Manufacturing Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Unimech Aerospace and Manufacturing Limited IPO is Dec 27, 2024.
Ans. The Unimech Aerospace and Manufacturing Limited IPO will be listed on Dec 31, 2024.
Ans. Follow the steps to check the allotment status for Unimech Aerospace and Manufacturing Limited IPO here.
