Unimech Aerospace IPO: Date, Review, GMP Price & Allotment Details

IPO Date: 23 Dec - 26 Dec- 2024

Price: ₹785
Lot Size: 19 Shares
Allotment Date: 27-Dec-2024
Listing Date: 31-Dec-2024
IPO Size: Approx ₹500 Crores, 63,69,424 Equity Shares

IPO GMP:- 64.97% Or ₹510
Listing Gain 64.97%

Unimech Aerospace IPO Details: The Unimech Aerospace IPO will open on December 23, 2024, and close on December 26, 2024. This Book Built Issue aims to raise approximately ₹500 crores, consisting of a fresh issue of ₹250 crores and an offer for sale of up to 3,184,712 equity shares, each with a face value of ₹5.

The IPO price band is set between ₹745 and ₹785 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares will be listed on the BSE and NSE on December 30, 2024, with the IPO allotment date scheduled for December 27, 2024.

In terms of financial performance, Unimech Aerospace reported a revenue of ₹213.79 crores for 2024, compared to ₹94.93 crores in 2023. The company’s profit also grew to ₹58.13 crores in 2024, up from ₹22.81 crores in the previous year. Based on these strong financials, the IPO appears to be a promising opportunity for long-term investors.

Unimech Aerospace IPO Objectives:

The Company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: 1.

  1. Funding of capital expenditure for expansion through purchase of machineries and equipment by the Company
  2. Funding working capital requirements of the Company
  3. 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
  4. General corporate purposes.

Unimech Aerospace IPO Review (Apply or Not)

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Unimech Aerospace IPO Date & Price Band Details:

IPO Open Date:December 23, 2024
IPO Close Date:December 26, 2024
Face Value:₹5 Per Equity Share
IPO Price Band:₹745 to ₹785 Per Share
Issue Size:Approx ₹500 Crores, 63,69,424 Equity Shares
Fresh Issue:Approx ₹250 Crores, 31,84,712 Equity Shares
Offer for Sale:Approx ₹250 Crores, 31,84,712 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Unimech Aerospace IPO Lot Size:

The minimum market lot for the Unimech Aerospace IPO is 19 shares, with an application amount of ₹14,915. Retail investors have the option to apply for up to 13 lots, totaling 247 shares, with an investment amount of ₹1,93,895.

ApplicationLot SizeSharesAmount
Retail Minimum119₹14,915
Retail Maximum13247₹1,93,895
S-HNI Minimum14266₹2,08,810
B-HNI Minimum681,292₹10,14,220

Unimech Aerospace IPO Timeline:

The Unimech Aerospace IPO will open on December 23 and close on December 26. The IPO allotment will be finalized on December 30, and the shares are set to be listed on December 31.

IPO Open Date:December 23, 2024
IPO Close Date:December 26, 2024
Basis of Allotment:December 27, 2024
Refunds:December 30, 2024
Credit to Demat Account:December 30, 2024
IPO Listing Date:December 31, 2024

Unimech Aerospace IPO GMP Today:

The latest GMP for the Unimech Aerospace IPO is ₹510. With the upper price band of ₹785.00, the estimated listing price of the IPO is ₹1,295 (cap price + today’s GMP). This indicates an expected percentage gain of 64.97% per share.

Promoters of Unimech Aerospace IPO
The promoters of Unimech Aerospace are Anil Kumar P, Ramakrishna Kamojhala, Mani P, Rajanikanth Balaraman, and Preetham SV.

About Unimech Aerospace IPO
Founded on August 12, 2016, Unimech Aerospace and Manufacturing is a leading manufacturer of complex products with “build to print” and “build to specifications” capabilities. The company specializes in machining, fabrication, assembly, testing, and the creation of custom products for clients in the aerospace, defense, energy, and semiconductor industries.

Unimech offers a wide range of services, including engine lifting and balancing beams, assembly, disassembly and calibration tooling, ground support equipment, airframe assembly platforms, engine transportation stands, mechanical and electro-mechanical turnkey systems, and precision components. The company’s expertise extends to the production of complex tooling, mechanical assemblies, electro-mechanical turnkey systems, and precision components, which are primarily used in aero-engine and airframe tooling for production, MRO, and line maintenance activities.

With extensive experience in manufacturing a diverse array of products and services, Unimech Aerospace serves customers across the globe, including in the USA, Germany, and the United Kingdom. In 2024, the company generated revenue of ₹2,038.49 million, a significant increase from ₹331.01 million in 2022, marking a profit growth of 97.64%.

Unimech Aerospace IPO Company Financial Report

The company reported revenue of ₹213.79 crores in 2024 against ₹94.93 crore in 2023. The company reported profit of ₹58.13 crores in 2024 against Profit of ₹22.81 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹37.08₹33.36₹3.39₹56.88
2023₹94.93₹65.57₹22.81₹93.34
2024₹213.79₹137.29₹58.13₹175.63

Unimech Aerospace IPO Valuation – FY2024

Check Unimech Aerospace IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:53.53%
ROCE:54.36%
EBITDA Margin:37.93%
PAT Margin:27.85%
Debt to equity ratio:0.27
Earning Per Share (EPS):₹13.23 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):53.53%
Net Asset Value (NAV):₹24.71

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
MTAR Technologies Limited18.2493.978.30219.88580.75 Cr.
Azad Engineering Limited11.2145.379.08109.12340.77 Cr.
Paras Defence & Space Technologies Limited8.22146.896.77113.66253.50 Cr.
Dynamatic Technologies Limited179.237.3418.24983.211,429.33 Cr.
Data Patterns (India) Limited32.4589.9813.72236.53519.80 Cr.

Unimech Aerospace IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: uaml.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • Anand Rathi Securities Limited
  • Equirus Capital Private Limited

Company Address

Unimech Aerospace and Manufacturing Limited
538, 539, 542 & 543,
7 th Main of Peenya IV Phase Industrial Area,
Yeshwanthpur Hobli, Bangalore North Taluk – 560058
Phone: 080-4204 6782
Email: investorrelations@unimechaerospace.com
Website: https://unimechaerospace.com/

Unimech Aerospace IPO FAQs

What is Unimech Aerospace IPO?
Unimech Aerospace IPO is a mainboard IPO through which the company aims to raise ₹500 crores. The issue price is set between ₹745 and ₹785 per equity share, and the shares will be listed on the BSE and NSE.

When will the Unimech Aerospace IPO open for subscription?
The IPO will open for subscription on December 23, 2024, for QIBs, NIIs, and retail investors, and will close on December 26, 2024.

What is the investor portion in Unimech Aerospace IPO?
The allocation for the IPO is as follows:

  • QIBs: 50%
  • NIIs: 15%
  • Retail Investors: 35%

How to apply for the Unimech Aerospace IPO?
You can apply for the Unimech Aerospace IPO through the ASBA online method via your bank account. Alternatively, you can apply through UPI via your stockbroker or by filling out an offline form with your stockbroker.

What is the Unimech Aerospace IPO issue size?
The issue size of the Unimech Aerospace IPO is ₹500 crores.

What is the price band for Unimech Aerospace IPO?
The price band for the Unimech Aerospace IPO is ₹745 to ₹785 per share.

What is the lot size for Unimech Aerospace IPO?
The minimum bid is for 19 shares, with an application amount of ₹14,915.

What is the Unimech Aerospace IPO allotment date?
The IPO allotment date is December 27, 2024.

What is the Unimech Aerospace IPO listing date?
The shares of the Unimech Aerospace IPO will be listed on December 31, 2024, on the BSE and NSE.

IPO Date: 23 Dec - 26 Dec- 2024

Price: ₹785
Lot Size: 19 Shares
Allotment Date: 27-Dec-2024
Listing Date: 31-Dec-2024
IPO Size: Approx ₹500 Crores, 63,69,424 Equity Shares

IPO GMP:- 64.97% Or ₹510
Listing Gain 64.97%

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