Unimech Aerospace IPO: Dates, Lot Size, and Price Band Explained

byPriyanka JuyalDecember 23, 2024
Stocks or Derivatives: Making the Best Investment Choice for You
Synopsis:
  1. Dates: December 23–26, 2024 (Subscription), December 31, 2024 (Listing).
  2. Lot Size: Minimum 19 shares, retail investment starts at ₹14,915.
  3. Book Running Lead Managers: Anand Rathi Securities, Equirus Capital.
  4. Registrar: Kfin Technologies Limited.
  5. Competitive Strengths: Advanced manufacturing, export-driven business, digital-first approach.
  6. Objects: Expansion, working capital, subsidiary support, corporate purposes.

Unimech Aerospace IPO is a book-built issue aggregating up to ₹500 crores, combining a fresh issue of 0.32 crore shares (₹250 crores) and an offer for sale of 0.32 crore shares (₹250 crores). The bidding period is from December 23 to December 26, 2024. Tentative listing is on December 31, 2024, on BSE and NSE.

The IPO price band is set at ₹745–₹785 per share, with a minimum investment of ₹14,915 for retail investors (19 shares). Anand Rathi Securities Limited and Equirus Capital Private Limited are the book-running lead managers, and Kfin Technologies Limited is the registrar.

Unimech Aerospace IPO Details

Unimech Aerospace IPO Timeline (Tentative)

Investment Lot Size

Category Reservation

Anchor Investors Details

Financial Highlights

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Background of Unimech Aerospace Ltd

Incorporated in 2016, Unimech Aerospace Ltd is a precision engineering company specializing in manufacturing complex tools, mechanical assemblies, electro-mechanical systems, and components for aerospace and defence sectors. The company serves over 26 clients across seven countries and operates two state-of-the-art manufacturing facilities in Bangalore, spanning 1,20,000 sq. ft.

With a focus on innovation and quality, Unimech has established itself as a trusted partner for both domestic and international clients, delivering advanced engineering solutions across aerospace, defence, energy, and semiconductor industries.

Key Objectives of the IPO

The proceeds from the IPO will be utilized for:

  1. Capital Expenditure: Expanding manufacturing capabilities by purchasing machinery and equipment.
  2. Working Capital Requirements: Strengthening operational liquidity.
  3. Investment in Material Subsidiary: Funding machinery purchases, working capital, and debt repayment.
  4. General Corporate Purposes: Supporting strategic initiatives for long-term growth.

Key Strengths of Unimech Aerospace Ltd

  • Experienced Management Team: Proven leadership with strong operational expertise.
  • Advanced Manufacturing Capabilities: Delivering high-precision engineering solutions with cutting-edge technology.
  • Global Reach: Export-driven business model catering to clients across seven countries.
  • Industry Expertise: Specializes in high-barrier-to-entry sectors like aerospace and defence.
  • Robust Vendor Ecosystem: Efficient supply chain and subcontractor management.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.

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